FY2025 Earnings Forecast for Stride, Inc. (NYSE:LRN) Issued By William Blair

Stride, Inc. (NYSE:LRN - Free Report) - Equities researchers at William Blair lifted their FY2025 earnings per share estimates for shares of Stride in a note issued to investors on Wednesday, April 24th. William Blair analyst S. Sheldon now anticipates that the company will earn $5.05 per share for the year, up from their prior forecast of $4.56. The consensus estimate for Stride's current full-year earnings is $4.52 per share. William Blair also issued estimates for Stride's FY2026 earnings at $5.51 EPS.

Several other equities analysts also recently weighed in on LRN. Morgan Stanley raised their price target on Stride from $60.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 24th. Citigroup raised their price target on Stride from $70.00 to $75.00 and gave the stock a "buy" rating in a research report on Monday, January 29th. Wedbush reissued an "outperform" rating on shares of Stride in a research report on Wednesday, January 24th. BMO Capital Markets raised their price target on Stride from $72.00 to $73.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Barrington Research reissued an "outperform" rating and set a $75.00 price target on shares of Stride in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $72.00.

Stride Price Performance

Shares of LRN traded up $0.72 on Friday, reaching $67.08. The stock had a trading volume of 727,249 shares, compared to its average volume of 782,824. The firm has a market capitalization of $2.91 billion, a PE ratio of 15.73, a PEG ratio of 0.70 and a beta of 0.26. The company has a quick ratio of 4.44, a current ratio of 4.29 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average of $60.45 and a 200 day moving average of $58.34. Stride has a twelve month low of $35.61 and a twelve month high of $69.70.

Stride (NYSE:LRN - Get Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.13. The business had revenue of $520.84 million for the quarter, compared to analysts' expectations of $507.89 million. Stride had a return on equity of 18.29% and a net margin of 9.29%. The company's revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.30 EPS.

Institutional Investors Weigh In On Stride

A number of hedge funds and other institutional investors have recently made changes to their positions in LRN. Ronald Blue Trust Inc. grew its position in shares of Stride by 348.1% in the third quarter. Ronald Blue Trust Inc. now owns 578 shares of the company's stock valued at $26,000 after purchasing an additional 449 shares during the period. SG Americas Securities LLC boosted its holdings in Stride by 18.5% in the third quarter. SG Americas Securities LLC now owns 19,987 shares of the company's stock valued at $900,000 after acquiring an additional 3,119 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in Stride by 126.3% in the third quarter. Exchange Traded Concepts LLC now owns 34,169 shares of the company's stock valued at $1,539,000 after acquiring an additional 19,068 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in Stride in the third quarter valued at $428,000. Finally, TD Asset Management Inc acquired a new position in Stride in the third quarter valued at $207,000. Hedge funds and other institutional investors own 98.24% of the company's stock.

Stride Company Profile

Stride, Inc, a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally.