Should I buy or sell Stride stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stride in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LRN shares. View LRN analyst ratings or view top-rated stocks .

What is Stride's stock price target for 2024?

3 Wall Street analysts have issued twelve-month price targets for Stride's shares. Their LRN share price targets range from $60.00 to $70.00. On average, they anticipate the company's share price to reach $65.67 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View analysts price targets for LRN or view top-rated stocks among Wall Street analysts .

How have LRN shares performed in 2023?

Stride's stock was trading at $31.28 at the start of the year. Since then, LRN shares have increased by 92.8% and is now trading at $60.30. View the best growth stocks for 2023 here .

Are investors shorting Stride?

Stride saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 4,810,000 shares, an increase of 11.9% from the October 15th total of 4,300,000 shares. Based on an average daily trading volume, of 637,700 shares, the short-interest ratio is presently 7.5 days. Approximately 11.7% of the company's stock are sold short. View Stride's Short Interest .

When is Stride's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our LRN earnings forecast .

How were Stride's earnings last quarter?

Stride, Inc. (NYSE:LRN) released its quarterly earnings data on Tuesday, October, 24th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of ($0.39) by $0.50. The company had revenue of $480.18 million for the quarter, compared to analyst estimates of $456.24 million. Stride had a trailing twelve-month return on equity of 16.94% and a net margin of 8.16%.

What ETFs hold Stride's stock?

ETFs with the largest weight of Stride (NYSE:LRN) stock in their portfolio include Global X Education ETF (EDUT) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) . Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) .

What guidance has Stride issued on next quarter's earnings?

Stride issued an update on its FY 2028 earnings guidance on Tuesday, November, 14th. The company provided earnings per share guidance of $6.15-$8.35 for the period. The company issued revenue guidance of $2.70 billion-$3.30 billion.

What is Nate Davis' approval rating as Stride's CEO?

83 employees have rated Stride Chief Executive Officer Nate Davis on Glassdoor.com . Nate Davis has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Stride own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Stride investors own include AbbVie (ABBV) , Advanced Micro Devices (AMD) , Pfizer (PFE) , NVIDIA (NVDA) , QUALCOMM (QCOM) , Shopify (SHOP) , Chegg (CHGG) , PayPal (PYPL) , Cisco Systems (CSCO) and JD.com (JD) .

Who are Stride's major shareholders?

Stride's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (3.01%), Rice Hall James & Associates LLC (2.62%), Boston Partners (1.90%), Fuller & Thaler Asset Management Inc. (1.79%), Healthcare of Ontario Pension Plan Trust Fund (1.34%) and Deutsche Bank AG (1.33%). Insiders that own company stock include Eliza Mcfadden, James Jeaho Rhyu, Kevin Chavous, Les Ottolenghi, Nathaniel A Davis , Shaun Mcalmont and Vincent Mathis. View institutional ownership trends .

How do I buy shares of Stride?

Shares of LRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Stride Stock Price, News & Analysis (NYSE:LRN)

$60.30

-0.92 (-1.50%)

(As of 12/5/2023 ET)

Compare

Today's Range: $60.27
▼
$61.64
50-Day Range: $43.81
▼
$61.21
52-Week Range: $30.66
▼
$61.87

Volume: 387,379 shs
Average Volume: 519,754 shs
Market Capitalization: $2.59 billion

P/E Ratio: 16.70
Dividend Yield: N/A
Price Target: $65.67

Stride MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 8.9% Upside
$65.67 Price Target
Short Interest: Bearish
11.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.36
Based on 8 Articles This Week
Insider Trading: Selling Shares
$2.87 M Sold Last Quarter
Proj. Earnings Growth: 13.25%
From $4.00 to $4.53 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Consumer Discretionary Sector

195th out of 255 stocks

Educational Services Industry

20th out of 24 stocks

1.3

Analyst's Opinion

Consensus Rating
Stride has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $65.67, Stride has a forecasted upside of 8.9% from its current price of $60.30.
Amount of Analyst Coverage
Stride has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
11.72% of the float of Stride has been sold short.
Short Interest Ratio / Days to Cover
Stride has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in Stride has recently increased by 0.21%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Stride does not currently pay a dividend.
Dividend Growth
Stride does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LRN.

1.9

News and Social Media Coverage

News Sentiment
Stride has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Stride this week, compared to 4 articles on an average week.
Search Interest
Only 15 people have searched for LRN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Stride to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stride insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,871,742.00 in company stock.
Percentage Held by Insiders
Only 2.76% of the stock of Stride is held by insiders.
Percentage Held by Institutions
98.24% of the stock of Stride is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Stride are expected to grow by 13.25% in the coming year, from $4.00 to $4.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stride is 16.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stride is 16.70, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.80.
Price to Earnings Growth Ratio
Stride has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Stride has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Stride Stock (NYSE:LRN)

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. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.

LRN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LRN Stock News Headlines

December 5, 2023 | americanbankingnews.com

Barrington Research Reaffirms "Outperform" Rating for Stride (NYSE:LRN)

December 4, 2023 | markets.businessinsider.com

What 6 Analyst Ratings Have To Say About Stride

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 4, 2023 | finance.yahoo.com

MedCerts Opens Doors for More Career Opportunities and a Stronger Workforce Through New Partnership with Altitude Career Skills Institute

December 3, 2023 | sports.yahoo.com

Start over? Stay the course? Ryan Poles is nearing a series of landmark decisions with the Chicago Bears’ QB and coaching future.

December 1, 2023 | finance.yahoo.com

Stride, Inc. Wins Prestigious Chemistry Education Prize for Work in Minecraft from the Royal Society of Chemistry

November 30, 2023 | finance.yahoo.com

Stride's (LRN) MedCerts and UNE to Boost Healthcare Careers

November 28, 2023 | msn.com

Stride's (LRN) MedCerts & UVI CELL Enter Into a Collaboration

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 27, 2023 | msn.com

Cillian takes Toy Show in his stride – ‘If you fail, you’ll only be failing in front of five million people!’

November 27, 2023 | msn.com

Stride (LRN) Price Target Increased by 9.43% to 68.09

November 27, 2023 | msn.com

Rutgers’ Greg Schiano: Gavin Wimsatt developed in ‘very big way’ this season. Has he grown enough?

November 26, 2023 | msn.com

Greg Schiano: Rutgers QB Gavin Wimsatt developed in ‘very big way’ this season. Has he grown enough?

November 26, 2023 | msn.com

Greg Schiano: Rutgers QB Gavin Wimsatt developed in ‘very big way’ this season. Has he grown enough?

November 23, 2023 | finance.yahoo.com

Insider Sell Alert: Director Eliza Mcfadden Sells 11,977 Shares of Stride Inc (LRN)

November 17, 2023 | msn.com

Are Consumer Discretionary Stocks Lagging Stride (LRN) This Year?

November 16, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Stride

November 16, 2023 | fool.com.au

ASX 200 investors take the latest Aussie jobs data in stride

November 15, 2023 | finance.yahoo.com

Stride (LRN) Introduces New Long-Term Targets, Stock Up

November 15, 2023 | msn.com

Technology-Based Education Company Stride Forecasts EPS To More Than Double By 2028: Details

November 14, 2023 | finance.yahoo.com

Stride Announces Plan to Continue Record Growth of General Education and Career Programs while Expanding into New Markets

November 14, 2023 | cowboyswire.usatoday.com

Cowboys News: Most Valuable Prescott? Parsons frustration boiling to surface

November 14, 2023 | finance.yahoo.com

Zacks.com featured highlights include GIII Apparel Group, Stride and Cboe Global

November 11, 2023 | finance.yahoo.com

Investing in Stride (NYSE:LRN) five years ago would have delivered you a 147% gain

November 7, 2023 | msn.com

Learn How to Find Top-Ranked Momentum Stocks to Buy in November

November 6, 2023 | msn.com

Chart of the Day: Stride - Big Breakout!

November 5, 2023 | msn.com

Things To Learn: Without its leading receiver, could Notre Dame’s offense actually become more explosive?

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Today: 12/06/2023
Next Earnings (Estimated): 1/23/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Educational services
Sub-Industry: Education Services
Sector: Consumer Discretionary
Current Symbol: NYSE:LRN
CUSIP: 48273U10
CIK: 1157408
Web: www.k12.com
Phone: (703) 483-7000
Fax: 703-483-7330
Employees: 7,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $65.67
High Stock Price Target: $70.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +8.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.61
Trailing P/E Ratio: 16.70
Forward P/E Ratio: 15.08
P/E Growth: 0.76
Net Income: $126.87 million
Net Margins: 8.16%
Pretax Margin: 11.03%
Return on Equity: 16.94%
Return on Assets: 9.02%

Debt

Debt-to-Equity Ratio: 0.46
Current Ratio: 3.61
Quick Ratio: 3.54

Sales & Book Value

Annual Sales: $1.84 billion
Price / Sales: 1.41
Cash Flow: $5.48 per share
Price / Cash Flow: 11.01
Book Value: $22.01 per share
Price / Book: 2.74

Miscellaneous

Outstanding Shares: 43,000,000
Free Float: 41,813,000
Market Cap: $2.59 billion
Optionable: Optionable
Beta: 0.34

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. James J. Rhyu (Age 53)
CEO & Director
Comp: $2.59M
Ms. Donna M. Blackman (Age 57)
Executive VP & CFO
Comp: $1.25M
Mr. Les Ottolenghi (Age 61)
Chief Information & Technology Officer and Executive VP
Comp: $1M
Mr. Vincent Winslow Mathis (Age 59)
Executive VP, General Counsel, Legal & Secretary
Comp: $1.07M
Timothy Casey
Vice President of Investor Relations
Ms. Emily Riordan
Director of Corporate Communications
Ms. Deborah S. Hannah
Chief Marketing Officer
Ms. Valerie Maddy
Senior VP & Chief Human Resources Officer
Mr. Jeff Kwitowski
Senior Vice President of Corporate Communications
Mr. Peter G. Stewart (Age 55)
Senior Vice President of School Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Stride stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stride in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LRN shares.
View LRN analyst ratings or view top-rated stocks.
What is Stride's stock price target for 2024?: 3 Wall Street analysts have issued twelve-month price targets for Stride's shares. Their LRN share price targets range from $60.00 to $70.00. On average, they anticipate the company's share price to reach $65.67 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for LRN or view top-rated stocks among Wall Street analysts.
How have LRN shares performed in 2023?: Stride's stock was trading at $31.28 at the start of the year. Since then, LRN shares have increased by 92.8% and is now trading at $60.30.
View the best growth stocks for 2023 here.
Are investors shorting Stride?: Stride saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 4,810,000 shares, an increase of 11.9% from the October 15th total of 4,300,000 shares. Based on an average daily trading volume, of 637,700 shares, the short-interest ratio is presently 7.5 days. Approximately 11.7% of the company's stock are sold short.
View Stride's Short Interest.
When is Stride's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our LRN earnings forecast.
How were Stride's earnings last quarter?: Stride, Inc. (NYSE:LRN) released its quarterly earnings data on Tuesday, October, 24th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of ($0.39) by $0.50. The company had revenue of $480.18 million for the quarter, compared to analyst estimates of $456.24 million. Stride had a trailing twelve-month return on equity of 16.94% and a net margin of 8.16%.

What ETFs hold Stride's stock?: ETFs with the largest weight of Stride (NYSE:LRN) stock in their portfolio include Global X Education ETF (EDUT) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).
What guidance has Stride issued on next quarter's earnings?: Stride issued an update on its FY 2028 earnings guidance on Tuesday, November, 14th. The company provided earnings per share guidance of $6.15-$8.35 for the period. The company issued revenue guidance of $2.70 billion-$3.30 billion.
What is Nate Davis' approval rating as Stride's CEO?: 83 employees have rated Stride Chief Executive Officer Nate Davis on Glassdoor.com. Nate Davis has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Stride own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Stride investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Pfizer (PFE), NVIDIA (NVDA), QUALCOMM (QCOM), Shopify (SHOP), Chegg (CHGG), PayPal (PYPL), Cisco Systems (CSCO) and JD.com (JD).
Who are Stride's major shareholders?: Stride's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (3.01%), Rice Hall James & Associates LLC (2.62%), Boston Partners (1.90%), Fuller & Thaler Asset Management Inc. (1.79%), Healthcare of Ontario Pension Plan Trust Fund (1.34%) and Deutsche Bank AG (1.33%). Insiders that own company stock include Eliza Mcfadden, James Jeaho Rhyu, Kevin Chavous, Les Ottolenghi, Nathaniel A Davis, Shaun Mcalmont and Vincent Mathis.
View institutional ownership trends.
How do I buy shares of Stride?: Shares of LRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:LRN) was last updated on 12/6/2023 by MarketBeat.com Staff

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Stride Stock Price, News & Analysis (NYSE:LRN)

Stride MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Stride Stock (NYSE:LRN)

LRN Stock Price History

LRN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LRN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™