Concorde Career Colleges to Open New Healthcare Facility in Phoenix
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18h ago
0mins
Source: Newsfilter
- New Facility Opening: Concorde Career Colleges plans to open a new healthcare training facility in Phoenix in 2027, spanning approximately 53,000 square feet and expected to serve 620 students in fields such as nursing and dental assisting, addressing the growing demand for healthcare professionals in the area.
- Strategic Expansion: Under its North Star strategy, Universal Technical Institute aims to open multiple new campuses annually and launch around 20 new programs between 2026 and 2029, effectively tackling America's skilled labor shortage and driving sustainable growth for the company.
- Market Demand Response: As a vibrant economic hub with strong healthcare sector demand, Phoenix will see Concorde Career Colleges partner with local hospitals and clinics to train tomorrow's healthcare professionals, thereby enhancing student employability and career prospects.
- Approval Process: The establishment of the new facility and its programs are subject to approvals from state, accrediting bodies, and the U.S. Department of Education, with student recruitment commencing only after these approvals are secured to ensure educational quality and compliance.
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.
