Stride (NYSE:LRN) Stock Price Down 4.1% – Here’s Why

Stride, Inc. (NYSE:LRN)’s share price fell 4.1% during mid-day trading on Monday . The company traded as low as $63.17 and last traded at $62.8570. 396,801 shares changed hands during trading, a decline of 61% from the average session volume of 1,027,576 shares. The stock had previously closed at $65.57.

Wall Street Analysts Forecast Growth

LRN has been the subject of several analyst reports. Zacks Research cut shares of Stride from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Wall Street Zen cut Stride from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Weiss Ratings cut Stride from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Morgan Stanley lifted their price target on Stride from $148.00 to $159.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Finally, Canaccord Genuity Group boosted their target price on shares of Stride from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $141.75.

Stride Trading Up 1.3%

The company has a debt-to-equity ratio of 0.32, a current ratio of 6.78 and a quick ratio of 5.27. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 9.84, a PEG ratio of 0.40 and a beta of -0.02. The business’s 50-day simple moving average is $114.38 and its 200-day simple moving average is $135.83.

Stride (NYSE:LRN) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.29. Stride had a net margin of 12.76% and a return on equity of 26.29%. The business had revenue of $620.88 million during the quarter, compared to analysts’ expectations of $615.50 million. During the same period last year, the company posted $0.94 EPS. The company’s revenue was up 12.7% on a year-over-year basis. Stride has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts predict that Stride, Inc. will post 6.67 earnings per share for the current fiscal year.

Institutional Trading of Stride

A number of large investors have recently made changes to their positions in LRN. Newbridge Financial Services Group Inc. acquired a new position in Stride in the 2nd quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new stake in shares of Stride during the 3rd quarter worth about $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Stride during the second quarter worth about $30,000. Penserra Capital Management LLC acquired a new position in shares of Stride in the second quarter valued at approximately $27,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Stride by 78.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 193 shares of the company’s stock valued at $28,000 after buying an additional 85 shares during the period. Institutional investors and hedge funds own 98.24% of the company’s stock.

Stride Company Profile

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.