Perdoceo Education (NASDAQ:PRDO) Updates Q3 2026 Earnings Guidance

Key Points

• Perdoceo Education issued Q3 2026 EPS guidance of $0.73–$0.74, roughly in line with the $0.74 analyst consensus, and set full-year 2026 EPS guidance at $3.10–$3.16.
• The company’s latest quarter exceeded expectations, with EPS of $0.80 versus the $0.75 consensus and revenue of $213.35 million versus $212.50 million expected.
• PRDO shares fell 1.8% to $32.45. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $44, while insiders sold about $1.34 million of stock over the past three months.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.730-0.740 for the period, compared to the consensus EPS estimate of 0.740. The company issued revenue guidance of -. Perdoceo Education also updated its FY 2026 guidance to 3.100-3.160 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on PRDO shares. Barrington Research set a $44.00 target price on shares of Perdoceo Education in a research note on Friday, May 8th. Weiss Ratings reissued a "buy (b)" rating on shares of Perdoceo Education in a research report on Friday, July 17th. Finally, Zacks Research lowered shares of Perdoceo Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $44.00.

Perdoceo Education Trading Down 1.8%

Shares of NASDAQ PRDO traded down $0.58 during mid-day trading on Thursday, reaching $32.45. 1,003,241 shares of the company's stock were exchanged, compared to its average volume of 644,583. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 0.71 and a beta of 0.71. The business has a fifty day simple moving average of $33.14 and a 200 day simple moving average of $33.73. Perdoceo Education has a twelve month low of $26.66 and a twelve month high of $38.50.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.75 by $0.05. The business had revenue of $213.35 million for the quarter, compared to analysts' expectations of $212.50 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. Equities research analysts predict that Perdoceo Education will post 3.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Perdoceo Education

In related news, Director Patrick W. Gross sold 3,647 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $34.98, for a total transaction of $127,572.06. Following the completion of the transaction, the director owned 114,970 shares in the company, valued at approximately $4,021,650.60. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michele A. Peppers sold 14,000 shares of the firm's stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total transaction of $483,000.00. Following the completion of the transaction, the insider directly owned 35,748 shares of the company's stock, valued at approximately $1,233,306. This trade represents a 28.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 38,270 shares of company stock worth $1,336,193. Company insiders own 1.46% of the company's stock.

Institutional Trading of Perdoceo Education

A number of large investors have recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new stake in Perdoceo Education in the 4th quarter valued at about $69,000. Kemnay Advisory Services Inc. acquired a new position in Perdoceo Education during the fourth quarter worth approximately $99,000. Kestra Advisory Services LLC acquired a new position in Perdoceo Education during the fourth quarter worth approximately $139,000. Abel Hall LLC bought a new stake in Perdoceo Education in the fourth quarter valued at approximately $201,000. Finally, Creative Planning bought a new stake in Perdoceo Education in the third quarter valued at approximately $218,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Perdoceo Education Company Profile

Perdoceo Education Corporation NASDAQ: PRDO is a for-profit postsecondary education provider offering certificate, associate, bachelor's and master's degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.

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