Brokerages Set Stride, Inc. (NYSE:LRN) PT at $141.75

Shares of Stride, Inc. (NYSE:LRN) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $141.75.

A number of research firms have recently weighed in on LRN. Barrington Research dropped their target price on shares of Stride from $185.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Stride in a report on Wednesday, October 8th. Canaccord Genuity Group lifted their price objective on Stride from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Wall Street Zen cut Stride from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Finally, Zacks Research cut shares of Stride from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th.

Stride Stock Performance

NYSE:LRN opened at $66.70 on Friday. The firm has a market cap of $2.93 billion, a PE ratio of 10.29, a price-to-earnings-growth ratio of 0.40 and a beta of -0.02. Stride has a fifty-two week low of $63.86 and a fifty-two week high of $171.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.27 and a current ratio of 6.78. The business has a 50 day moving average price of $132.88 and a 200-day moving average price of $142.04.

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

Insider Buying and Selling at Stride

In related news, CEO James Jeaho Rhyu sold 13,961 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $162.66, for a total transaction of $2,270,896.26. Following the transaction, the chief executive officer owned 706,353 shares in the company, valued at $114,895,378.98. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Stride

Large investors have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new position in Stride in the second quarter valued at about $25,000. Financial Management Professionals Inc. bought a new stake in shares of Stride during the 3rd quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Stride during the 2nd quarter valued at about $30,000. Penserra Capital Management LLC bought a new position in shares of Stride in the 2nd quarter worth approximately $27,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Stride by 78.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 193 shares of the company’s stock worth $28,000 after buying an additional 85 shares during the last quarter. 98.24% of the stock is currently owned by hedge funds and other institutional investors.

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.