Stride - LRN Stock Forecast, Price & News

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

1 equities research analysts have issued 1-year target prices for Stride's shares. Their LRN share price forecasts range from $45.00 to $50.00. On average, they expect the company's share price to reach $47.50 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for LRN or view top-rated stocks among Wall Street analysts.

Stride's stock was trading at $33.33 on January 1st, 2022. Since then, LRN stock has increased by 23.0% and is now trading at $41.01.
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Stride saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 4,140,000 shares, a decrease of 7.8% from the August 15th total of 4,490,000 shares. Based on an average daily volume of 870,000 shares, the days-to-cover ratio is currently 4.8 days. Approximately 10.3% of the shares of the stock are sold short.
View Stride's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our LRN earnings forecast.

Stride, Inc. (NYSE:LRN) posted its quarterly earnings data on Tuesday, August, 9th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. The firm had revenue of $455.20 million for the quarter, compared to analysts' expectations of $421.90 million. Stride had a trailing twelve-month return on equity of 14.06% and a net margin of 6.35%. The company's revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 earnings per share.

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.

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).

Stride trades on the New York Stock Exchange (NYSE) under the ticker symbol "LRN."

Stride's stock is owned by many different retail and institutional investors. Top institutional shareholders include Millennium Management LLC (4.66%), Ophir Asset Management Pty Ltd (3.98%), Rice Hall James & Associates LLC (3.41%), Healthcare of Ontario Pension Plan Trust Fund (2.79%), abrdn plc (2.76%) and Brown Advisory Inc. (2.03%). Insiders that own company stock include James Jeaho Rhyu, Kevin Chavous, Nathaniel A Davis, Shaun Mcalmont and Vincent Mathis.
View institutional ownership trends.

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.
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One share of LRN stock can currently be purchased for approximately $41.01.

Stride (NYSE:LRN) has a market capitalization of $1.75 billion and generates $1.69 billion in revenue each year. The company earns $107.13 million in net income (profit) each year or $2.53 on an earnings per share basis.

The company employs 7,500 workers across the globe.

Stride's mailing address is 2300 Corporate Park Drive, Herndon VA, 20171. The official website for the company is www.k12.com. The company can be reached via phone at (703) 483-7000, via email at mkraft@k12.com, or via fax at 703-483-7330.