A company still losing money with growing sales. Insiders and institutions are both adding.
Going well
Sales up 60% in the latest quarter vs a year ago
Sales growth speeding up
No debt reported
Watch out for
Share count growing 20.8% a year (dilution)
Losing money
Money moves
An insider bought $11.4M of shares with their own money in the last 30 days
Insiders sold $53K in the last 30 days, all through pre-planned sales
Institutions added 49% to their holdings in the quarter ending June 2026 (198 bought, 89 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$4.97-2.2% that day
Latest insider buy: A 10% owner bought at $4.87 on Sep 29. The stock is now $4.97, +2.1% since.
Company value
$1.3B
Share price times all shares
Price vs sales
1.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
66%
A big cushion: cash is a large part of what the company is worth
From COUR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$298.6M+60% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $885.4M, up 23% from the 12 months before. Over 5 years, sales grew about 21% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of COUR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$2.5B
Profit in 5 years$249M
Price these guesses point to$8.78+77% vs $4.97 todayAbout +12% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 9.8% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
Forum talk counts mentions of COUR in popular online stock forums, a slice of the internet rather than all of it. Company lookups show interest in the company itself, which can come from news that isn't about the stock. Attention isn't quality.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/7Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-8.3%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-6.7%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$108.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+76.3% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.54.6%
Revenue
$757.5M
+9.0% vs prior year
5-year growth
+20.9%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.51x
short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 29
Revenue
$298.6M
+59.6% YoY
EPS
-$0.34
vs -$0.05
Op. margin
-28.4%
-20.3 pts
Gross margin
58.1%
+3.2 pts
Free cash flow
-$20.1M
Share count
+43.6%
vs a year ago
Insider rating
Last 90 days
76Buying
1 insider bought $11.4M
Pre-planned sales of $53K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+48.7%
Institutions added 48.7% to their holdings. 198 bought, 89 sold. 5 quarters of net buying in a row.
Shares held by institutions239.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+20.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
264M
Why moderate risk
Losing money
Share count growing 20.8% a year (dilution)
Earnings reports
Last 12
Next reportNot enough history
Results filedJul 29
Results filedApr 23
Results filedFeb 5
Results filedOct 23, 2025
Results filedOct 2, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days