LRN Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
- Positive Analyst Sentiment: Canaccord Genuity raised Stride's (LRN) price target to $145 from $135, maintaining a Buy rating. This reflects confidence in the company's improved marketing strategies and enrollment growth in online education.
- Strong Performance: Management reported robust results for the first half of 2025, driven by efficient student acquisition and increased demand for online education.
- Political Uncertainty: President Trump's executive order to eliminate the Department of Education could impact the education sector, including Stride. However, the immediate market reaction seems muted.
Technical Analysis:
- Current Price Action: The stock closed at $125.4 on March 24, 2025, with a pre-market gain of 1.49% and a regular market gain of 2.82%. The volume was moderate at 125,374 shares.
- Fibonacci Levels: The stock is trading above the pivot level of $120.87, with resistance levels at $126.76 and $130.40. Support levels are at $117.23 and $114.98.
- RSI and MACD: The RSI_14 is at 41.46, indicating a neutral trend. The MACD is bearish, with a value of -2.87, suggesting downward momentum.
Price Forecast and Recommendation:
- Short-Term Outlook: The stock is expected to test the resistance level of $126.76. If it breaks above this level, the next target could be $130.40. If it fails to break out, the stock may drop to the support level of $120.87.
- Buy/Sell Recommendation: Based on the positive analyst sentiment and recent price gains, the recommendation is to BUY with a target price of $130.40. However, be cautious of potential political risks and monitor the stock's performance closely.
LRN Similar Chart Price Prediction
The price of LRN is predicted to go up -2.82%, based on the high correlation periods with CTGO. The similarity of these two price pattern on the periods is 98.04%.
LRN
CTGO
Down: -2.82%Similarity: 98.04%
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LRN Analyst's Forecast
Jason Tilchen
Canaccord Genuity
Strong Buy
2025-01-29
Price Target
$130 → $135
Upside
+5.58%
Canaccord analyst Jason Tilchen raised the firm's price target on Stride to $130 from $100 and keeps a Buy rating on the shares. The firm previewed its Q4 results and noted the 2024-2025 school year got off to a great start for Stride, with net enrollment additions come in nearly triple expectations. The company also announced the nationwide launch of K12 Tutoring, an online service that allows its existing base of state-certified teachers to leverage the company's technology platform, content, marketing engine, and billing functionality. Canaccord believes Management will likely discuss early learnings from the rollout of K12 Tutoring on the earnings call, and investors will also be looking for additional color on how the Trump administration could impact the expansion of school choice and the education funding environment.
Thomas Singlehurst
Citigroup
Hold
2024-10-29
Price Target
$90 → $94
Upside
+3.22%
Jeffrey Silber
BMO Capital
Buy
2024-10-24
Price Target
$84 → $88
Downside
-4.69%
