Stride Inc Reports Strong Q2 Results, Shares Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11h ago
0mins
Source: Benzinga
- Revenue Beat: Stride Inc reported Q2 revenue of $631.26 million, exceeding estimates of $627.94 million, indicating strong performance in the education sector and likely boosting investor confidence.
- Earnings Growth: Adjusted EPS reached $2.50, surpassing the expected $2.08, reflecting a significant improvement in profitability that may attract more institutional investors.
- Enrollment Increase: The company saw enrollments rise to 248,500, a 7.8% year-over-year increase, with Career Learning enrollments at 111,500, up 17.6%, highlighting ongoing growth potential in vocational education.
- Strong Forward Guidance: Stride expects Q3 revenue between $615 million and $645 million, affirming its fiscal 2026 revenue outlook of $2.48 billion to $2.56 billion, demonstrating confidence in 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 106.75 USD with a low forecast of 82.00 USD and a high forecast of 125.00 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: 71.600
Low
82.00
Averages
106.75
High
125.00
Current: 71.600
Low
82.00
Averages
106.75
High
125.00
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.
