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

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

Analysts Set New Price Targets

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

Perdoceo Education Stock Performance

PRDO traded down $0.58 on Thursday, reaching $32.45. The company had a trading volume of 1,003,241 shares, compared to its average volume of 809,435. The stock has a market cap of $2.03 billion, a P/E ratio of 12.43, a P/E/G ratio of 0.71 and a beta of 0.71. Perdoceo Education has a fifty-two week low of $26.66 and a fifty-two week high of $38.50. The company’s fifty day moving average is $33.12 and its 200 day moving average is $33.73.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The company had revenue of $213.35 million during the quarter, compared to analysts’ expectations of $212.50 million. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’s revenue was up 1.8% on a year-over-year basis. 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. On average, sell-side analysts expect that Perdoceo Education will post 3.11 EPS for the current year.

Insider Transactions at Perdoceo Education

In related news, Director Kenda B. Gonzales sold 9,308 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director directly owned 48,158 shares in the company, valued at approximately $1,675,416.82. This represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Julia A. Leeman sold 11,315 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the sale, the senior vice president directly owned 21,924 shares of the company’s stock, valued at $778,521.24. This represents a 34.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 38,270 shares of company stock worth $1,336,193 over the last ninety days. Corporate insiders own 1.46% of the company’s stock.

Institutional Trading of Perdoceo Education

Several large investors have recently modified their holdings of the stock. First Trust Advisors LP boosted its stake in Perdoceo Education by 10.6% during the fourth quarter. First Trust Advisors LP now owns 2,905,796 shares of the company’s stock worth $85,227,000 after acquiring an additional 278,825 shares in the last quarter. State Street Corp raised its holdings in shares of Perdoceo Education by 0.8% during the fourth quarter. State Street Corp now owns 2,411,020 shares of the company’s stock valued at $70,715,000 after purchasing an additional 19,658 shares during the period. Geode Capital Management LLC raised its holdings in shares of Perdoceo Education by 6.9% during the fourth quarter. Geode Capital Management LLC now owns 1,681,424 shares of the company’s stock valued at $49,324,000 after purchasing an additional 109,013 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Perdoceo Education by 49.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after purchasing an additional 513,599 shares in the last quarter. Finally, Callodine Capital Management LP boosted its position in shares of Perdoceo Education by 35.8% during the 4th quarter. Callodine Capital Management LP now owns 963,690 shares of the company’s stock worth $28,265,000 after purchasing an additional 254,108 shares in the last quarter. 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.