Wall Street Zen lowered shares of Stride (NYSE:LRN – Free Report) from a buy rating to a hold rating in a report released on Sunday.
Several other analysts also recently weighed in on the company. Canaccord Genuity Group increased their target price on Stride from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, October 24th. BMO Capital Markets set a $108.00 price target on Stride and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Barrington Research lowered their price objective on shares of Stride from $185.00 to $125.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Stride in a research note on Monday, December 22nd. Finally, Morgan Stanley reduced their price target on shares of Stride from $130.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Stride currently has an average rating of “Hold” and a consensus target price of $125.75.
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Stride Stock Performance
Stride (NYSE:LRN – Get Free Report) last released its earnings results on Tuesday, October 28th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.29. The firm had revenue of $620.88 million during the quarter, compared to analyst estimates of $615.50 million. Stride had a net margin of 12.76% and a return on equity of 26.29%. The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.94 EPS. On average, sell-side analysts anticipate that Stride will post 6.67 EPS for the current year.
Hedge Funds Weigh In On Stride
A number of hedge funds and other institutional investors have recently made changes to their positions in LRN. State of Wyoming acquired a new stake in shares of Stride during the 1st quarter valued at about $178,000. Magnetar Financial LLC acquired a new stake in Stride during the first quarter valued at approximately $266,000. Evergreen Capital Management LLC grew its stake in shares of Stride by 18.8% in the 1st quarter. Evergreen Capital Management LLC now owns 2,982 shares of the company’s stock valued at $377,000 after purchasing an additional 471 shares during the period. Vident Advisory LLC grew its stake in shares of Stride by 2.9% in the 1st quarter. Vident Advisory LLC now owns 2,941 shares of the company’s stock valued at $372,000 after purchasing an additional 84 shares during the period. Finally, Ewing Morris & Co. Investment Partners Ltd. acquired a new position in shares of Stride in the 1st quarter worth approximately $192,000. 98.24% of the stock is owned by institutional investors.
Stride News Roundup
Here are the key news stories impacting Stride this week:
- Positive Sentiment: Stride says it is expanding its digital learning solutions globally — a business development that supports long‑term growth and international revenue diversification. Read More.
- Negative Sentiment: Multiple national law firms (including Levi & Korsinsky, Glancy Prongay & Murray, Bronstein, Faruqi, Schall and others) have filed or are soliciting investors to join a class action covering purchases from Oct. 22, 2024 through Oct. 28, 2025; they’re urging motions to be filed by Jan. 12, 2026 — increasing the likelihood of consolidated litigation, legal expenses and management distraction. Read More.
- Negative Sentiment: At least one firm highlights that the stock suffered a very large drop (reported as ~50–54%), alleging undisclosed operational failures — language that can raise the perceived severity of claims and pressure the stock and management further. Read More.
- Negative Sentiment: Additional firms (Bleichmar Fonti & Auld, Rosen, BFA and others) are publicizing the case and urging investor contact — broad advertising by plaintiff firms can accelerate claim consolidation and amplify short‑term selling pressure. Read More.
Stride Company Profile
Stride, Inc (NYSE:LRN) is a technology-driven education company that designs and delivers online learning solutions for students and adult learners. Through long-term partnerships with state-authorized public school districts, Stride operates virtual academies that serve K-12 students across the United States. The company’s blended-learning model combines digital curriculum, live teaching support and data analytics to personalize instruction and monitor student progress.
In addition to its K-12 offerings, Stride provides a portfolio of career and workforce readiness programs under its Stride Career Prep division.
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