Stride, Inc. Faces Securities Class Action as Shares Plunge 54%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17h ago
0mins
Source: Businesswire
- Lawsuit Notification: Kahn Swick & Foti reminds investors that those who purchased Stride shares between October 22, 2024, and October 28, 2025, must file lead plaintiff applications by January 12, 2026, to participate in the class action lawsuit against the company.
- Stock Price Plunge: Following allegations of failing to disclose material information, Stride's shares fell by 11.7% on September 15, 2025, losing $18.60 per share and closing at $139.76, indicating strong market reaction to the company's lack of transparency.
- Customer Attrition Issues: On October 28, 2025, Stride disclosed that “poor customer experience” led to an estimated loss of 10,000 to 15,000 enrollments, causing shares to plummet over 54% to $70.05, highlighting significant operational challenges facing the company.
- Legal Accountability: The lawsuit accuses Stride and its executives of violating federal securities laws by failing to disclose critical information related to student enrollment and compliance, potentially exposing investors to substantial economic losses.
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: 69.230
Low
82.00
Averages
115.50
High
130.00
Current: 69.230
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.
