In a report released today, Alexander Paris from Barrington maintained a Buy rating on Franklin Covey Company, with a price target of $35.00.
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Alexander Paris has given his Buy rating due to a combination of factors that suggest potential for future growth despite current challenges. The company’s third-quarter results were in line with or exceeded expectations, indicating resilience in a challenging macroeconomic environment. Although Franklin Covey has reduced its full-year guidance due to ongoing macro uncertainty affecting client decisions, the company’s strategic growth investments are expected to drive accelerated growth and profitability in the medium to long term.
Furthermore, the stock is currently trading at a discount compared to its educational technology peers, presenting a potential opportunity for significant upside. With shares down 36% year-to-date, Paris anticipates a return to revenue growth and margin expansion in fiscal year 2026, maintaining an OUTPERFORM rating and a 12-month price target of $35, which represents nearly a 50% increase from current levels.