Stride, Inc. Faces Class Action Lawsuit for Misleading Enrollment Figures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Class Action Reminder: DJS Law Group alerts investors that Stride, Inc. is facing a class action lawsuit for violations of securities laws during the period from October 22, 2024, to October 28, 2025, with a deadline for participation set for January 12, 2026.
- False Statement Allegations: The complaint alleges that Stride provided misleading enrollment figures based on 'ghost students' and other deceptive practices, rendering its public statements false and materially misleading throughout the class period.
- Compliance Failures: Stride's failure to conduct necessary background checks and adhere to compliance requirements may lead to a decline in investor confidence and negatively impact the company's future market performance.
- Investor Losses: Affected shareholders are encouraged to join the lawsuit to seek recovery, highlighting significant financial losses that governance and transparency issues may impose on investors.
LRN
$66.21+Infinity%1D
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: 65.950
Low
82.00
Averages
115.50
High
130.00
Current: 65.950
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.
