Barrington Research Lowers Stride (NYSE:LRN) Price Target to $125.00

Stride (NYSE:LRN) had its price objective decreased by research analysts at Barrington Research from $185.00 to $125.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research’s price objective would suggest a potential upside of 87.27% from the company’s current price.

Other analysts have also recently issued reports about the stock. BMO Capital Markets set a $108.00 price target on shares of Stride and gave the company a “market perform” rating in a report on Wednesday. Morgan Stanley upped their price target on shares of Stride from $148.00 to $159.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stride in a report on Wednesday, October 8th. Wall Street Zen cut shares of Stride from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Finally, Canaccord Genuity Group boosted their target price on shares of Stride from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.75.

Stride Trading Down 4.7%

NYSE LRN opened at $66.75 on Wednesday. The stock has a market cap of $2.93 billion, a P/E ratio of 10.30, a PEG ratio of 0.40 and a beta of 0.07. The company’s fifty day simple moving average is $148.25 and its 200-day simple moving average is $145.73. The company has a current ratio of 6.78, a quick ratio of 5.27 and a debt-to-equity ratio of 0.32. Stride has a 52 week low of $66.45 and a 52 week high of $171.17.

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

Insider Activity at Stride

In other news, CEO James Jeaho Rhyu sold 13,961 shares of the company’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 completion of the transaction, the chief executive officer owned 706,353 shares in the company, valued at approximately $114,895,378.98. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Stride

Several institutional investors have recently modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new position in Stride in the 2nd quarter valued at about $25,000. Larson Financial Group LLC grew its position in Stride by 333.3% in the 1st quarter. Larson Financial Group LLC now owns 208 shares of the company’s stock valued at $26,000 after buying an additional 160 shares in the last quarter. Financial Management Professionals Inc. bought a new position in Stride in the 3rd quarter valued at about $26,000. Penserra Capital Management LLC bought a new position in Stride in the 2nd quarter valued at about $27,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Stride by 78.7% in the 2nd 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 in the last quarter. Institutional investors 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.