Concorde Career Colleges Launches New Healthcare Programs in Phoenix
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18h ago
0mins
Source: PRnewswire
- New Campus Opening: Concorde Career Colleges is set to open a new facility in Phoenix in 2027, covering approximately 53,000 square feet and expected to train over 620 students in healthcare careers such as nursing and dental assisting, addressing the local demand for healthcare professionals.
- Strategic Expansion: Under its North Star strategy, Universal Technical Institute plans to open multiple new campuses annually between 2026 and 2029 and launch around 20 new programs each year to tackle America's skilled labor shortage and drive sustainable growth.
- Market Demand Response: Phoenix, as a hub of economic growth with a robust healthcare sector, will see Concorde partnering with local hospitals and clinics to train tomorrow's healthcare professionals, thereby enhancing the company's competitive position in the region.
- Diversification Development: The North Star strategy of Universal Technical Institute has entered Phase II, focusing not only on new campuses but also on optimizing existing operations to ensure efficient resource utilization, aiming for diversified and sustainable business growth.
Analyst Views on UTI
Wall Street analysts forecast UTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UTI is 37.00 USD with a low forecast of 36.00 USD and a high forecast of 38.00 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
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 27.920
Low
36.00
Averages
37.00
High
38.00
Current: 27.920
Low
36.00
Averages
37.00
High
38.00
About UTI
Universal Technical Institute, Inc. is a workforce solutions provider of transportation, skilled trades and healthcare education programs. Its segments include Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde). UTI segment operates 16 campuses located in nine states and offers a range of degree and non-degree transportation and skilled trades technical training programs under brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. UTI also offers manufacturer specific advanced training programs, including student-paid electives, at its campuses and manufacturer or dealer-sponsored training at certain campuses and dedicated training centers. Concorde segment operates 17 campuses located in eight states and online, offering degree, non-degree, and continuing education programs in the allied health, dental, nursing, patient care and diagnostic fields.
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.
