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A Quick Look at Today's Ratings for Stride(LRN.US), With a Forecast Between $88 to $100

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Stride (LRN.US)$, with price targets ranging from $88 to $100.

Morgan Stanley analyst Greg Parrish maintains with a hold rating, and adjusts the target price from $74 to $94.

BMO Capital analyst Jeffrey Silber maintains with a buy rating, and adjusts the target price from $82 to $88.

CCORF analyst Jason Tilchen maintains with a buy rating, and adjusts the target price from $94 to $100.

Barrington analyst Alexander Paris maintains with a buy rating, and adjusts the target price from $90 to $100.

Furthermore, according to the comprehensive report, the opinions of $Stride (LRN.US)$'s main analysts recently are as follows:

  • Stride's Q1 earnings surpassed expectations, bolstered by unprecedented enrollments, and management reported robust demand across general education and career learning segments. Initial guidance for FY25 exceeded the average forecast, mitigating concerns sparked by a recent short report. Despite a focus on the anticipated reduction of ESSER - federally funded stimulus funding - during the earnings call, management anticipates revenue and enrollment figures to remain relatively stable or to experience a modest decline this year.

Here are the latest investment ratings and price targets for $Stride (LRN.US)$ from 4 analysts:

StockTodayLatestRating_nn_201480_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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