Equities Analysts Issue Forecasts for Stride FY2025 Earnings

Stride, Inc. (NYSE:LRN - Free Report) - Stock analysts at William Blair boosted their FY2025 earnings per share estimates for shares of Stride in a research note issued to investors on Wednesday, April 30th. William Blair analyst S. Sheldon now expects that the company will post earnings per share of $6.82 for the year, up from their prior forecast of $6.62. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Stride's current full-year earnings is $6.67 per share. William Blair also issued estimates for Stride's Q1 2026 earnings at $0.95 EPS and Q3 2026 earnings at $2.28 EPS.

Several other research analysts also recently weighed in on LRN. BMO Capital Markets upped their target price on shares of Stride from $134.00 to $139.00 and gave the company an "outperform" rating in a research note on Tuesday, April 1st. Canaccord Genuity Group raised their target price on Stride from $145.00 to $155.00 and gave the company a "buy" rating in a research note on Monday, April 28th. Finally, Barrington Research lifted their target price on Stride from $150.00 to $170.00 and gave the stock an "outperform" rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Stride presently has an average rating of "Moderate Buy" and an average price target of $126.83.

Stride Stock Up 5.8 %

Shares of LRN traded up $8.73 during midday trading on Thursday, reaching $159.43. 1,265,805 shares of the company were exchanged, compared to its average volume of 836,268. The company has a current ratio of 6.02, a quick ratio of 5.93 and a debt-to-equity ratio of 0.35. Stride has a 1-year low of $63.25 and a 1-year high of $160.39. The company has a market cap of $6.94 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 1.04 and a beta of 0.47. The stock has a 50-day moving average price of $131.72 and a 200-day moving average price of $117.88.

Stride (NYSE:LRN - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by ($0.07). The business had revenue of $613.38 million for the quarter, compared to analysts' expectations of $591.15 million. Stride had a return on equity of 22.42% and a net margin of 12.30%. Stride's quarterly revenue was up 17.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.60 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LRN. Larson Financial Group LLC lifted its stake in Stride by 333.3% during the first quarter. Larson Financial Group LLC now owns 208 shares of the company's stock worth $26,000 after purchasing an additional 160 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Stride by 140.5% in the 1st quarter. First Horizon Advisors Inc. now owns 267 shares of the company's stock valued at $34,000 after buying an additional 156 shares during the period. R Squared Ltd bought a new stake in shares of Stride during the 4th quarter valued at about $37,000. Point72 Hong Kong Ltd acquired a new stake in Stride during the fourth quarter worth about $41,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in Stride by 85.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 386 shares of the company's stock worth $42,000 after acquiring an additional 178 shares during the last quarter. Institutional investors and hedge funds own 98.24% of the company's stock.

About Stride

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.