TWOU - 2U, Inc.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 34.75 |
| Open | 34.95 |
| Bid | 34.71 x 800 |
| Ask | 34.69 x 800 |
| Day's Range | 33.86 - 35.12 |
| 52 Week Range | 11.37 - 40.55 |
| Volume | 359,866 |
| Avg. Volume | 2,059,587 |
| Market Cap | 2.246B |
| Beta (5Y Monthly) | 0.56 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.10 |
| Earnings Date | Jul 28, 2020 - Aug 03, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 32.00 |
- Barrons.com
This Education Stock Has Upside, Analyst Says. Online Learning Is Here to Stay.
BMO Capital Markets analyst Jeffrey Silber raised his price target on 2U to $43 from $31, while maintaining an Outperform rating on the stock.
- Thomson Reuters StreetEvents
Edited Transcript of TWOU earnings conference call or presentation 30-Apr-20 8:30pm GMT
Q1 2020 2U Inc Earnings Call
- PR Newswire
Syracuse University to Launch Online Master of Supply Chain Management in Partnership with 2U, Inc.
Syracuse University's Martin J. Whitman School of Management today announced it will offer an online Master of Supply Chain Management in partnership with 2U, Inc. (Nasdaq: TWOU), a global leader in education technology.
- PR Newswire
2U, Inc. Announces Schedule of Investor Conferences for Second Quarter 2020
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced its participation in two investor conferences in second quarter 2020. The company will present on its history, strategy, and financial results at the following conferences:
- PR Newswire
Statement from 2U, Inc. CEO on Expanded Partnership with Simmons University to Create an Online Undergraduate Experience for Fall 2020
Today, Simmons University announced an expanded partnership with 2U, Inc (Nasdaq: TWOU), a global leader in education technology, to develop and deliver a fully online and reimagined undergraduate experience available for new and returning Simmons students this September. Working in close collaboration with Simmons faculty, 2U will redesign hundreds of courses from the existing Simmons catalog for online delivery with a blend of synchronous and asynchronous coursework, ensuring continued academic quality for all undergraduate students—whether they are able to return to campus this fall or continue classes remotely.
- Motley Fool
Why 2U Stock Jumped Today
What happened Shares of 2U (NASDAQ: TWOU) jumped on Tuesday after the education technology company received two analyst upgrades to start the week. These upgrades follow a first-quarter report on April 30 that beat analyst expectations.
- TipRanks
2U Inc Reports Earnings Beat, Strong Demand But Analysts Remain Divided
Online education stock 2U Inc (TWOU) has reported solid Q1 results with total revenue of $175.5M up 44% year-over-year and beating the Street consensus by $0.18 million. Meanwhile Q1 Non-GAAP EPS of -$0.33 beat by $0.07; while GAAP EPS of -$0.94 fell short of Street forecasts by just $0.01."Our first quarter results clearly show the strength, resilience, and relevance of our business and offerings," said Christopher Paucek, 2U's Co-Founder and CEO. "We believe the unprecedented impact of COVID-19 will continue to accelerate demand among universities and adult learners for high-quality online education."Nonetheless the Street remains divided when it comes to TWOU’s outlook. Speaking for the bulls, Needham analyst Ryan MacDonald reiterated his TWOU buy rating on May 1 and boosted his price target to $30 from $25. 2U Inc benefits from the increased demand for online education, says MacDonald, particularly in the core degree program segment, and is now introducing new solutions (2UOS Plus and Essential) to meet this demand.“While boot camps saw a temporary dip in demand prior to transitioning online, the business appears to be rebounding quickly and should be poised to benefit as well, particularly as unemployment continues to rise” says the analyst. In addition, he notes that the recently completed convertible debt offering provided increased flexibility for 2U to meet this heightened demand. “At a current valuation of 2.2x EV/sales, we find the shares attractive” concludes the Needham analyst.However, Oppenheimer’s Brian Schwartz takes a more cautious approach: “While believing that demand is increasing for online learning technologies, we continue seeing execution risks with 2U's business model in transition and a potential negative impact that COVID-19 could have on higher education enrollment and tuition this fall” he says. What’s more, Schwartz argues that 2U's core DGP (domestic graduate program) business faces multi-faceted challenges that are unlikely to resolve soon- and that acquired businesses are not large enough to make up for DGP's downdraft. Indeed, DGP grew 16% in the first quarter compared to the first quarter of 2019, the slowest since 2U's IPO in 2014. As a result, the analyst is staying on the sidelines without offering a price target. Overall, analysts are split 50/50 on 2U Inc- giving the stock a Moderate Buy analyst consensus. With shares flat year-to-date, the $30 average analyst price target indicates upside potential of 27%. (See TWOU’s stock analysis on TipRanks) Related News: Tesla Slumps After Elon Musk Calls Stock Price ‘Too High’ Apple Exceeds Expectations With FQ2 Earnings Beat Boeing Raises $25 Billion in Bond Sale, No Longer Needs Government Aid; Shares Slip
- Motley Fool
2U Inc (TWOU) Q1 2020 Earnings Call Transcript
TWOU earnings call for the period ending March 31, 2020.
- ACCESSWIRE
Kaskela Law LLC Announces Stockholder Investigation of 2U, Inc. (TWOU) and Encourages Long-Term TWOU Stockholders to Contact the Firm
PHILADELPHIA, PA / ACCESSWIRE / May 1, 2020 / Kaskela Law LLC is investigating 2U, Inc. (NASDAQ:TWOU) ("2U" or the "Company") on behalf of the Company's stockholders. In August 2019, ...
- PR Newswire
2U, Inc. Reports Results for First Quarter 2020
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today reported financial and operating results for the first quarter ended March 31, 2020.
- PR Newswire
2U, Inc. Announces Date for 2020 First Quarter Earnings Report
2U, Inc. (Nasdaq: TWOU) announced today that it will report its first quarter 2020 financial results on Thursday, April 30, 2020. Christopher "Chip" Paucek, Chief Executive Officer and Co-Founder, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results.
- SmarterAnalyst
2U Inc Down 8% On New Capital Raise; Pulls Financial Guidance
Shares in online education stock 2U Inc (TWOU) fell sharply in Monday’s trading after the company announced a new capital raise and withdrew financial guidance for fiscal 2020.Specifically, TWOU intends to sell $300 million aggregate principal amount of convertible senior notes due 2025 in a private offering to qualified institutional buyers. It also intends to grant these purchasers a 13-day option to buy a further $45 million aggregate principal amount of notes.“The capital-raise announcement could act as an overhang for the stock as it dilutes shareholders, it likely means 2U’s business-model transition will take place in the public markets, and optionality from a potential private equity takeout is likely off the table” warned Oppenheimer analyst Brian Schwartz following the announcement. Indeed, shares fell 8% on Monday, taking TWOU’s year-to-date loss to 8%.Meanwhile the company withdrew its financial guidance for 2020, citing Covid-19 uncertainty. “Beyond the operational complexities associated with launching and supporting quality online offerings, universities are experiencing budget and cash flow shortfalls related to COVID-19,” CEO Christopher Paucek commented.However, he added that “Long-term, we believe the unprecedented impact of COVID-19 has significantly accelerated the existing secular trends driving adoption of online higher education.”At the same time, TWOU announced positive preliminary financial results for its fiscal quarter ended March 31, 2020. 2U now expects strong 1Q total revenue of $175.5M (+44% year-over-year), $1.1M above the consensus estimate. Meanwhile adjusted EBITDA is estimated at ($4.3M) which is $7.4M above the ($11.7M) consensus estimate, while 1Q GAAP net income of ($60.1M) comes in $2.2M above the ($62.3M) Street forecast.Right now analysts are cautiously optimistic about TWOU’s outlook. The stock shows a Moderate Buy consensus on TipRanks with a $28 average analyst price target (27% upside potential). (See 2U Inc stock analysis on TipRanks).Related News: Can Netflix (NFLX) Stock Live Up to the Q1 Hype? Apple Announces Major Expansion For Booming Services Segment Australia to Force Google and Facebook to Pay For News Content More recent articles from Smarter Analyst: * Microsoft Sales Beat as Pandemic Lifts Cloud Biz; Barclays Raises PT to $204 * Amazon (AMZN) Stock Is a Winner, But How Much Higher Can It Go? * COVID-19 Program Shows Strong Progress, and Vaxart Price Target Raises to $7 * Tesla Beats the Street, but at Least One Analyst Says 'Sell'
- PR Newswire
2U, Inc. Announces Pricing of Upsized $330 Million Convertible Senior Notes Offering
2U, Inc. (NASDAQ: TWOU) ("2U"), a global leader in education technology, today announced the pricing of $330 million aggregate principal amount of 2.25% convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering was increased from the previously announced $300 million aggregate principal amount of notes. In connection with the offering of the notes, 2U granted the initial purchasers of the notes a 13-day option to purchase up to an additional $50 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to settle on April 23, 2020, subject to customary closing conditions.
- American City Business Journals
2U aims for $345M in fresh money, pulls 2020 guidance amid pandemic and an 'uncertain environment'
Online learning company 2U Inc. (NASDAQ: TWOU) is raising up to $345 million in new debt as the company stares down widening losses — and an online learning boom sparked by the novel coronavirus pandemic. Experts have been cautiously optimistic that the Lanham company stands to benefit as schools and universities race to become virtual operations as social distancing measures have meant the widespread closures of in-person learning.
- PR Newswire
2U, Inc. Announces Proposed Private Offering of $300 Million of Convertible Senior Notes
2U, Inc. (NASDAQ: TWOU) ("2U"), a global leader in education technology, today announced that it intends to offer and sell, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2025 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the offering of the notes, 2U expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $45 million aggregate principal amount of notes.
- PR Newswire
2U, Inc. Announces Preliminary Financial Results for First Quarter 2020 and Provides COVID-19 Pandemic Update
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced preliminary financial results for its fiscal quarter ended March 31, 2020, a COVID-19 related business update, and additional information about its previously announced guidance for the fiscal year ending December 31, 2020.
- American City Business Journals
Framebridge now producing face shields; Metro recommends riders wear masks
D.C. custom framing company Framebridge LLC is now producing personal protective equipment — specifically a new face shield using acrylic it typically uses in its frames. The face shield includes a reusable halo worn above the ears and a removable shield made of nonporous polycarbonate. The face shields cost $4.50 a pop and the polycarbonate shield portions can be replaced for 80 cents apiece.
- Simply Wall St.
If You Had Bought 2U (NASDAQ:TWOU) Stock A Year Ago, You'd Be Sitting On A 66% Loss, Today
2U, Inc. (NASDAQ:TWOU) shareholders should be happy to see the share price up 26% in the last week. But that's small...
- GuruFocus.com
2U: An M&A-Oriented Education Technology Play
The company is a market leader within its space and could provide significant upside with ongoing acquisition talks with private equity funds Continue reading...
- American City Business Journals
Can 2U harness colleges' coronavirus-fueled move online? Experts are optimistic.
Universities have scrambled to move classes online as the novel coronavirus limits in-person teaching. 2U has set up some programs to help get them up to speed.
- PR Newswire
Gallup-2U Report Benchmarks Online Graduate Degree Experiences and Outcomes as Millions of Learners Move Online
Today, Gallup and 2U, Inc. (Nasdaq: TWOU) announced the release of their inaugural Gallup-2U Graduate Outcomes Benchmark Report, tracking how the experiences of alumni from online graduate degree programs powered by 2U compare with those of graduate students, both online and on-campus, across the U.S. As millions of students move online in response to the Coronavirus pandemic, this study makes clear that with the right technology, rigorous curricula, and faculty and student support, online degree programs can deliver outcomes comparable to, and in some cases better than, traditional campus-based programs.
- PR Newswire
2U, Inc. to Host Virtual Investor Day on Tuesday, March 24, 2020
2U, Inc. (Nasdaq: TWOU) today announced that it will host its Investor Day on Tuesday, March 24, 2020 as a fully virtual event given the rapidly evolving situation regarding COVID-19. The original Investor Day schedule has been condensed, with the event now scheduled to begin at 10 a.m. ET and conclude at approximately 11:30 a.m. ET.
- American City Business Journals
These local companies have bucked the tanking stock market
The stock market's catastrophic performance over the last few weeks — driven in part by fears of the economic fallout over the novel coronavirus as well as an oil-related price war — means most every publicly traded company has seen its share of share price losses as the Dow Jones Industrial Average has plummeted more than 5,000 points to about 24,267. All of these companies are up over the share prices they debuted with to start 2020, including: 2U Inc. (NASDAQ: TWOU): This Lanham online education company suffered big stock drops in 2019 after announcing a business expansion from revenue-sharing online graduate programs to include short courses and boot camps. K12 Inc. (NASDAQ: LRN): Speaking of companies like 2U, this Herndon online education company recently purchased online training firm Galvanize Inc. as it seeks to flesh out its array of post-high school services.
- PR Newswire
The George Washington University and Trilogy Education Launch FinTech Boot Camp in Washington, D.C.
Today, The George Washington University (GW) announced the launch of an intensive fintech training program in partnership with Trilogy Education, a 2U, Inc. brand and leading workforce accelerator. The GW FinTech Boot Camp is designed to meet the financial sector's growing demand for a digitally skilled workforce.
- American City Business Journals
Analysts: 2U's new severance agreements are good business — and handy if it sells
Lanham education company 2U Inc. (NASDAQ: TWOU) has rolled out a new, standardized severance and change in control agreement for its executives and employees — and analysts say that could come in handy if the company ever decides to sell. The new agreements give what the company calls "Tier 1" employees, including its CEO, 1.5 times the total of their base salary and bonus if they resign for good reason or are terminated without cause, according to Securities and Exchange Commission filings detailing the agreements. The new agreements — normally common for C-suite executives but less so in such a standardized form for a wider swath of employees — caught the eye of 2U analysts amid speculation that the local company could be better off finding a buyer and going private.
