Stride (NYSE:LRN) Price Target Raised to $100.00

Stride (NYSE:LRN) had its price target raised by Barrington Research from $90.00 to $100.00 in a research report sent to investors on Wednesday, Benzinga reports. Barrington Research currently has an outperform rating on the stock. Barrington Research also issued estimates for Stride’s Q3 2025 earnings at $1.94 EPS.

Several other analysts have also commented on the stock. Canaccord Genuity Group increased their price target on shares of Stride from $94.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup lowered shares of Stride from a “buy” rating to a “neutral” rating and increased their price target for the company from $77.00 to $90.00 in a research report on Tuesday, August 20th. BMO Capital Markets increased their price target on shares of Stride from $79.00 to $82.00 and gave the company an “outperform” rating in a research report on Thursday, August 8th. StockNews.com upgraded shares of Stride from a “hold” rating to a “buy” rating in a research report on Friday, August 9th. Finally, Canaccord Genuity Group assumed coverage on shares of Stride in a research report on Thursday, August 8th. They set a “buy” rating and a $94.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $89.50.

Stride Trading Down 1.2 %

Shares of Stride stock opened at $91.25 on Wednesday. Stride has a 12-month low of $51.75 and a 12-month high of $92.75. The company has a current ratio of 5.10, a quick ratio of 4.95 and a debt-to-equity ratio of 0.38. The stock has a market cap of $3.95 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 0.64 and a beta of 0.26. The company has a 50-day moving average of $79.68 and a two-hundred day moving average of $73.09.

Stride (NYSE:LRN) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.22 by $0.72. The business had revenue of $551.08 million for the quarter, compared to analyst estimates of $504.29 million. Stride had a net margin of 11.38% and a return on equity of 21.76%. The company’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.11 earnings per share. On average, research analysts anticipate that Stride will post 5.04 EPS for the current fiscal year.

Hedge Funds Weigh In On Stride

Hedge funds have recently made changes to their positions in the stock. New York State Teachers Retirement System raised its stake in shares of Stride by 1.6% in the 3rd quarter. New York State Teachers Retirement System now owns 22,523 shares of the company’s stock valued at $1,921,000 after acquiring an additional 344 shares during the period. Trail Ridge Investment Advisors LLC purchased a new position in shares of Stride in the 3rd quarter valued at $396,000. State of Alaska Department of Revenue increased its stake in Stride by 3.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 24,279 shares of the company’s stock worth $2,071,000 after buying an additional 825 shares during the period. Louisiana State Employees Retirement System increased its stake in Stride by 2.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the company’s stock worth $1,757,000 after buying an additional 500 shares during the period. Finally, International Assets Investment Management LLC increased its stake in Stride by 8,431.7% during the 3rd quarter. International Assets Investment Management LLC now owns 5,119 shares of the company’s stock worth $437,000 after buying an additional 5,059 shares during the period. Institutional investors and hedge funds own 98.24% of the company’s stock.

About Stride

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.