Stride (NYSE:LRN) Price Target Raised to $140.00

Stride (NYSE:LRN) had its price target raised by Barrington Research from $130.00 to $140.00 in a report published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the stock. Barrington Research also issued estimates for Stride’s Q3 2025 earnings at $2.02 EPS, Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $6.64 EPS and FY2026 earnings at $7.30 EPS.

Several other research analysts have also recently weighed in on the company. StockNews.com cut Stride from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Citigroup boosted their target price on shares of Stride from $90.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. Canaccord Genuity Group raised their price target on shares of Stride from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Morgan Stanley lifted their price objective on shares of Stride from $94.00 to $109.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, BMO Capital Markets increased their target price on shares of Stride from $84.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Three research 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, Stride presently has an average rating of “Moderate Buy” and a consensus target price of $116.83.

Stride Stock Up 0.5 %

LRN stock opened at $134.76 on Wednesday. The company has a market capitalization of $5.87 billion, a P/E ratio of 22.50, a price-to-earnings-growth ratio of 0.96 and a beta of 0.32. Stride has a 12 month low of $54.81 and a 12 month high of $137.54. The firm’s fifty day simple moving average is $110.56 and its 200-day simple moving average is $92.29. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.60 and a quick ratio of 5.50.

Stride (NYSE:LRN) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.92 by $0.11. Stride had a net margin of 12.30% and a return on equity of 23.16%. As a group, equities research analysts forecast that Stride will post 6.67 earnings per share for the current year.

Hedge Funds Weigh In On Stride

A number of hedge funds have recently made changes to their positions in LRN. Principal Financial Group Inc. boosted its stake in shares of Stride by 293.1% in the fourth quarter. Principal Financial Group Inc. now owns 866,182 shares of the company’s stock worth $90,024,000 after acquiring an additional 645,835 shares during the last quarter. Congress Asset Management Co. acquired a new stake in Stride during the 3rd quarter worth $45,616,000. Victory Capital Management Inc. grew its holdings in shares of Stride by 72.4% during the third quarter. Victory Capital Management Inc. now owns 827,505 shares of the company’s stock worth $70,594,000 after buying an additional 347,564 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in shares of Stride by 51.1% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 929,855 shares of the company’s stock valued at $79,326,000 after buying an additional 314,435 shares during the last quarter. Finally, Loomis Sayles & Co. L P acquired a new position in Stride during the third quarter worth about $21,044,000. 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.