Canaccord raised the firm’s price target on Stride (LRN) to $165 from $155 and keeps a Buy rating on the shares. The firm said Stride reported strong fiscal 3Q25 results, with enrollment, revenue, and adj. operating income all coming in well ahead of expectations. The company continues to experience robust demand as heightened dissatisfaction with public schools is complemented by greater awareness of alternatives, including full-time online programs.
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Read More on LRN:
- Stride’s Strong Financial Performance and Optimistic Future Guidance Justify Buy Rating
- Stride, Inc. Reports Record Third Quarter Growth
- Stride reports Q3 EPS $2.20, consensus $2.15
- Stride raises FY25 revenue view to $2.37B-$2.385B, consensus $2.34B
- Stride price target raised to $155 from $145 at Canaccord