Pluralsight (PS) Receives a New Rating from a Top Analyst

In a report released today, Scott Berg from Needham assigned a Hold rating to Pluralsight (PSResearch Report). The company’s shares closed last Friday at $20.56, close to its 52-week high of $22.69.

According to TipRanks.com, Berg is a top 25 analyst with an average return of 29.9% and a 71.9% success rate. Berg covers the Technology sector, focusing on stocks such as GTY Technology Holdings, BigCommerce Holdings, and Cornerstone Ondemand.

Pluralsight has an analyst consensus of Hold, with a price target consensus of $20.09.

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Based on Pluralsight’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $105 million and GAAP net loss of $35.47 million. In comparison, last year the company earned revenue of $88.81 million and had a GAAP net loss of $31.98 million.

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Pluralsight, Inc. engages in the provision of technology skill development solutions. It offers a cloud-based technology learning platform which provides a broad range of tool, including skill assessments, a curated library of courses, learning paths, and business analytics. The company was founded by Aaron Skonnard, Frederick Onion, Keith Brown, Fritz Onion and Bill Williams in 2004 and is headquartered in Farmington, UT.