Coursera Expands AI Offerings, Valuation Review

Coursera's partnership with Anthropic expands its AI learning offerings, boosting its long-term potential despite a short-term share price drop of 23.7%. The company's fundamentals suggest future growth, with a 1-year total shareholder return of 16.4%. However, a fair value of $12.23 (undervalued) is based on bold projections, including stronger operating leverage and rising average revenue per user. Market ratios suggest a higher price-to-sales ratio compared to its industry average and peers, indicating a risk of the market already factoring in AI-driven upside ahead.