Stride (NYSE:LRN) Issues Earnings Results, Beats Estimates By $0.11 EPS

Stride (NYSE:LRN) issued its earnings results on Tuesday. The company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.11, Zacks reports. Stride had a return on equity of 21.23% and a net margin of 11.38%. Stride updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Stride Trading Up 1.3 %

Shares of Stride stock opened at $120.50 on Wednesday. The business has a fifty day simple moving average of $108.82 and a 200-day simple moving average of $91.29. Stride has a fifty-two week low of $54.81 and a fifty-two week high of $121.40. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 21.91, a price-to-earnings-growth ratio of 0.88 and a beta of 0.32. The company has a quick ratio of 5.50, a current ratio of 5.60 and a debt-to-equity ratio of 0.38.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LRN. Morgan Stanley boosted their target price on shares of Stride from $94.00 to $109.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. StockNews.com lowered Stride from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. BMO Capital Markets lifted their target price on Stride from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Canaccord Genuity Group increased their price target on Stride from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Barrington Research lifted their price objective on shares of Stride from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.50.

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.