Stride (NYSE:LRN) Price Target Raised to $140.00 at Barrington Research

Stride (NYSE:LRN) had its price target lifted by Barrington Research from $130.00 to $140.00 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 indicate a potential upside of 4.49% from the stock’s previous close. Barrington Research also issued estimates for Stride’s Q3 2025 earnings at $2.02 EPS and FY2025 earnings at $6.64 EPS.

A number of other research firms have also commented on LRN. Citigroup upped their price target on Stride from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. StockNews.com lowered Stride from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Canaccord Genuity Group boosted their price objective on shares of Stride from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Monday. BMO Capital Markets lifted their target price on shares of Stride from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Morgan Stanley raised their price objective on shares of Stride from $94.00 to $109.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Stride presently has a consensus rating of “Moderate Buy” and an average target price of $116.83.

Stride Stock Performance

NYSE:LRN opened at $133.99 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 5.50 and a current ratio of 5.60. Stride has a fifty-two week low of $54.81 and a fifty-two week high of $137.25. The firm has a market cap of $5.84 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 0.88 and a beta of 0.32. The business has a 50 day moving average price of $109.94 and a 200-day moving average price of $91.84.

Stride (NYSE:LRN) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.11. Stride had a net margin of 11.38% and a return on equity of 21.23%. Equities research analysts predict that Stride will post 6.64 earnings per share for the current year.

Institutional Investors Weigh In On Stride

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Congress Asset Management Co. grew its stake in shares of Stride by 8.2% in the 4th quarter. Congress Asset Management Co. now owns 578,540 shares of the company’s stock worth $60,128,000 after buying an additional 43,829 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Stride by 0.8% during the fourth quarter. Rhumbline Advisers now owns 116,744 shares of the company’s stock valued at $12,133,000 after acquiring an additional 908 shares in the last quarter. Asset Management One Co. Ltd. purchased a new position in shares of Stride in the 4th quarter worth about $5,696,000. Allspring Global Investments Holdings LLC boosted its stake in Stride by 61.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 190,431 shares of the company’s stock worth $20,250,000 after purchasing an additional 72,518 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its position in Stride by 0.5% during the 4th quarter. Louisiana State Employees Retirement System now owns 20,700 shares of the company’s stock valued at $2,151,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.

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.