Stride Inc Faces 54% Stock Crash Amid Fraud Allegations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 05 Jan 26
Source: Globenewswire
Stride Inc's stock surged by 6.70% today, reaching a 20-day high, amidst a broader market rally with the Nasdaq-100 up 1.08% and the S&P 500 up 0.84%.
This increase comes despite significant negative news surrounding the company, including allegations of inflating enrollment figures with 'ghost students', which led to a catastrophic 54% stock price drop in a single day. The company is facing legal action and compliance risks that could severely impact its financial health and investor confidence.
The implications of these allegations are profound, as they not only threaten Stride's reputation but also raise concerns about its operational stability and future growth prospects.
Analyst Views on LRN
Wall Street analysts forecast LRN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LRN is 115.50 USD with a low forecast of 82.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 69.790
Low
82.00
Averages
115.50
High
130.00
Current: 69.790
Low
82.00
Averages
115.50
High
130.00
About LRN
Stride, Inc. is a technology company providing an educational platform to deliver online learning to students throughout the U.S. It provides a range of services including K-12 education, career learning, professional skills training, and talent development. Its platform hosts products and services to attract, enroll, educate, track progress, and support students. These products and services, spanning curriculum, systems, instruction, and support services, are designed to help learners of all ages reach their full potential through inspired teaching and personalized learning. Its platform addresses two markets in the K-12 space: General Education and Career Learning. Products and services for the General Education market are focused on core subjects for kindergarten through twelfth grade students to help build a common foundation of knowledge. Career Learning products and services are focused on developing skills to enter and succeed in careers in high-growth and in-demand industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
