Stride (LRN) Stock Forecast, Price Target & Predictions
LRN Stock Forecast
Stride stock forecast is as follows: an average price target of $66.75 (represents a -19.10% downside from LRN’s last price of $82.51) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
LRN Price Target
The average price target for Stride (LRN) is $66.75 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $45.00. This represents a potential -19.10% downside from LRN's last price of $82.51.
LRN Analyst Ratings
According to 3 Wall Street analysts, Stride's rating consensus is 'Buy'. The analyst rating breakdown for LRN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Stride Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 19, 2024 | Thomas Singlehurst | Citigroup | $90.00 | $83.77 | 7.44% | 9.08% |
| Aug 08, 2024 | Jeffrey Silber | BMO Capital | $82.00 | $78.48 | 4.48% | -0.62% |
| Apr 25, 2024 | Jeffrey Silber | BMO Capital | $73.00 | $63.23 | 15.45% | -11.53% |
| Apr 14, 2023 | Alexander Paris | Barrington | $50.00 | $38.31 | 30.51% | -39.40% |
| Aug 25, 2022 | Greg Parrish | Morgan Stanley | $45.00 | $35.52 | 26.69% | -45.46% |
| Apr 20, 2022 | Greg Parrish | Morgan Stanley | $39.00 | $39.81 | -2.03% | -52.73% |
The latest Stride stock forecast, released on Aug 19, 2024 by Thomas Singlehurst from Citigroup, set a price target of $90.00, which represents a 7.44% increase from the stock price at the time of the forecast ($83.77), and a 9.08% increase from LRN last price ($82.51).
Stride Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $90.00 | $86.00 | $81.67 |
| Last Closing Price | $82.51 | $82.51 | $82.51 |
| Upside/Downside | 9.08% | 4.23% | -1.02% |
In the current month, the average price target of Stride stock is $90.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.08% increase as opposed to Stride's last price of $82.51. This month's average price target is up 4.65% compared to last quarter, and up 10.20% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 19, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Aug 08, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Apr 25, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 25, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 25, 2022 | Morgan Stanley | - | Overweight | Upgrade |
Stride's last stock rating was published by Citigroup on Aug 19, 2024. The company Downgrade its LRN rating from "Buy" to "Neutral".
Stride Financial Forecast
Stride Revenue Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $504.87M | - | $483.49M | $470.28M | $458.44M | $425.15M | - | $421.72M | $409.51M | $400.23M | $397.51M | $392.14M | $376.14M | $370.96M | $268.93M | $257.15M | $257.56M | $257.12M | $256.31M | $253.25M |
| Avg Forecast | $601.68M | $582.45M | $563.20M | $530.11M | $572.62M | $555.52M | $535.86M | $506.10M | $525.89M | $507.89M | $498.05M | $450.77M | $460.70M | $455.96M | $443.23M | $420.10M | $421.90M | $410.73M | $397.49M | $368.35M | $388.79M | $380.94M | $363.73M | $362.57M | $261.47M | $253.74M | $257.21M | $253.93M | $248.43M | $252.50M |
| High Forecast | $611.76M | $592.20M | $572.63M | $538.99M | $582.21M | $564.82M | $544.83M | $506.20M | $534.70M | $516.40M | $503.46M | $453.41M | $468.41M | $463.59M | $450.66M | $427.13M | $421.90M | $418.25M | $404.76M | $375.09M | $395.91M | $387.91M | $370.39M | $369.21M | $266.26M | $258.38M | $261.92M | $258.58M | $252.98M | $257.12M |
| Low Forecast | $592.40M | $573.47M | $554.51M | $521.94M | $563.79M | $546.95M | $527.59M | $505.99M | $517.78M | $500.06M | $494.30M | $448.12M | $453.59M | $448.92M | $436.40M | $413.62M | $421.90M | $406.38M | $393.27M | $364.45M | $384.67M | $376.90M | $359.87M | $358.73M | $258.70M | $251.05M | $254.48M | $251.24M | $245.80M | $249.82M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 1.05% | 1.03% | 1.03% | 1.01% | - | 1.03% | 1.03% | 1.09% | 1.02% | 1.03% | 1.03% | 1.02% | 1.03% | 1.01% | 1.00% | 1.01% | 1.03% | 1.00% |
Stride's average Quarter revenue forecast for Mar 24 based on 1 analysts is $507.89M, with a low forecast of $500.06M, and a high forecast of $516.40M. LRN's average Quarter revenue forecast represents a 0.60% increase compared to the company's last Quarter revenue of $504.87M (Dec 23).
Stride EBITDA Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $84.29M | - | $89.51M | $103.73M | $99.51M | $-2.47M | - | $61.09M | $84.99M | $17.36M | $41.53M | $57.66M | $58.30M | $28.57M | $26.74M | $31.59M | $48.22M | $-1.40M | $22.12M | $41.34M |
| Avg Forecast | $86.22M | $83.47M | $80.71M | $75.97M | $82.06M | $79.61M | $76.79M | $72.53M | $75.36M | $94.18M | $71.37M | $64.60M | $66.02M | $85.62M | $63.52M | $22.28M | $55.31M | $67.69M | $59.60M | $20.26M | $24.19M | $45.40M | $45.22M | $76.30M | $48.13M | $26.60M | $47.27M | $-959.26K | $39.82M | $33.52M |
| High Forecast | $87.67M | $84.86M | $82.06M | $77.24M | $83.43M | $80.94M | $78.08M | $72.54M | $76.62M | $113.02M | $72.15M | $64.98M | $67.13M | $102.75M | $64.58M | $26.74M | $55.31M | $81.22M | $71.52M | $24.31M | $29.02M | $54.47M | $54.26M | $91.56M | $57.75M | $31.92M | $56.72M | $-767.41K | $47.78M | $40.22M |
| Low Forecast | $84.89M | $82.18M | $79.46M | $74.80M | $80.79M | $78.38M | $75.61M | $72.51M | $74.20M | $75.35M | $70.84M | $64.22M | $65.00M | $68.50M | $62.54M | $17.83M | $55.31M | $54.15M | $47.68M | $16.21M | $19.35M | $36.32M | $36.17M | $61.04M | $38.50M | $21.28M | $37.82M | $-1.15M | $31.85M | $26.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.18% | - | 1.36% | 1.21% | 1.57% | -0.11% | - | 0.90% | 1.43% | 0.86% | 1.72% | 1.27% | 1.29% | 0.37% | 0.56% | 1.19% | 1.02% | 1.46% | 0.56% | 1.23% |
1 analysts predict LRN's average Quarter EBITDA for Mar 24 to be $94.18M, with a high of $113.02M and a low of $75.35M. This is 11.74% upper than Stride's previous annual EBITDA (Dec 23) of $84.29M.
Stride Net Income Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $66.84M | - | $43.37M | $55.46M | $50.70M | $-22.22M | - | $42.92M | $43.00M | $-5.88M | $10.49M | $23.79M | $24.50M | $12.67M | $4.89M | $8.75M | $20.59M | $-9.73M | $3.32M | $18.46M |
| Avg Forecast | $73.78M | $84.65M | $81.04M | $13.93M | $64.91M | $74.98M | $70.39M | $9.62M | $56.25M | $46.92M | $57.95M | $-16.23M | $38.47M | $42.66M | $46.40M | $-7.55M | $27.62M | $33.72M | $29.46M | $-6.86M | $6.11M | $18.73M | $19.00M | $33.83M | $8.80M | $7.37M | $20.19M | $-6.66M | $5.97M | $14.97M |
| High Forecast | $75.38M | $86.49M | $82.80M | $14.23M | $66.32M | $76.61M | $71.92M | $10.10M | $57.47M | $56.31M | $60.55M | $-6.96M | $39.31M | $51.19M | $47.41M | $-6.04M | $27.62M | $40.47M | $35.35M | $-5.49M | $7.33M | $22.47M | $22.80M | $40.60M | $10.56M | $8.85M | $24.23M | $-5.33M | $7.16M | $17.96M |
| Low Forecast | $72.30M | $82.95M | $79.41M | $13.65M | $63.61M | $73.47M | $68.98M | $8.66M | $55.12M | $37.54M | $56.66M | $-23.18M | $37.70M | $34.13M | $45.47M | $-9.06M | $27.62M | $26.98M | $23.57M | $-8.24M | $4.89M | $14.98M | $15.20M | $27.06M | $7.04M | $5.90M | $16.15M | $-7.99M | $4.78M | $11.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.15% | - | 1.13% | 1.30% | 1.09% | 2.94% | - | 1.27% | 1.46% | 0.86% | 1.72% | 1.27% | 1.29% | 0.37% | 0.56% | 1.19% | 1.02% | 1.46% | 0.56% | 1.23% |
Stride's average Quarter net income forecast for Mar 24 is $46.92M, with a range of $37.54M to $56.31M. LRN's average Quarter net income forecast represents a -29.79% decrease compared to the company's last Quarter net income of $66.84M (Dec 23).
Stride SG&A Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $116.89M | - | $118.14M | $103.05M | $102.02M | $158.37M | - | $94.25M | $90.64M | $133.38M | $115.21M | $100.46M | $90.94M | $117.83M | $84.45M | $63.69M | $59.78M | $107.15M | $75.21M | $59.38M |
| Avg Forecast | $162.91M | $157.70M | $152.49M | $143.53M | $155.04M | $150.41M | $145.08M | $137.03M | $142.39M | $103.04M | $134.85M | $122.05M | $124.74M | $93.67M | $120.01M | $171.17M | $117.67M | $74.05M | $63.57M | $155.61M | $67.10M | $79.09M | $70.52M | $314.71M | $152.02M | $53.63M | $58.61M | $73.31M | $135.37M | $48.15M |
| High Forecast | $165.64M | $160.34M | $155.04M | $145.93M | $157.64M | $152.93M | $147.51M | $137.05M | $144.77M | $123.65M | $136.31M | $122.76M | $126.82M | $112.41M | $122.02M | $205.40M | $117.67M | $88.86M | $76.28M | $186.73M | $80.51M | $94.91M | $84.63M | $377.65M | $182.42M | $64.36M | $70.33M | $87.98M | $162.45M | $57.78M |
| Low Forecast | $160.39M | $155.27M | $150.14M | $141.32M | $152.65M | $148.09M | $142.85M | $137.00M | $140.19M | $82.43M | $133.83M | $121.33M | $122.81M | $74.94M | $118.16M | $136.94M | $117.67M | $59.24M | $50.85M | $124.49M | $53.68M | $63.27M | $56.42M | $251.77M | $121.61M | $42.90M | $46.89M | $58.65M | $108.30M | $38.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.87% | - | 0.95% | 1.10% | 0.85% | 0.93% | - | 1.27% | 1.43% | 0.86% | 1.72% | 1.27% | 1.29% | 0.37% | 0.56% | 1.19% | 1.02% | 1.46% | 0.56% | 1.23% |
Stride's average Quarter SG&A projection for Mar 24 is $103.04M, based on 1 Wall Street analysts, with a range of $82.43M to $123.65M. The forecast indicates a -11.84% fall compared to LRN last annual SG&A of $116.89M (Dec 23).
Stride EPS Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | $1.57 | - | $1.02 | $1.31 | $1.20 | $-0.53 | - | $1.03 | $1.04 | $-0.14 | $0.26 | $0.59 | $0.61 | $0.32 | $0.12 | $0.22 | $0.52 | $-0.25 | $0.08 | $0.47 |
| Avg Forecast | $1.67 | $1.91 | $1.83 | $0.31 | $1.47 | $1.69 | $1.59 | $0.22 | $1.27 | $1.43 | $1.31 | $-0.37 | $0.87 | $1.07 | $1.05 | $-0.13 | $0.63 | $0.84 | $0.77 | $-0.14 | $0.15 | $0.45 | $0.49 | $-0.32 | $0.03 | $0.20 | $0.53 | $-0.18 | $0.02 | $0.37 |
| High Forecast | $1.70 | $1.95 | $1.87 | $0.32 | $1.50 | $1.73 | $1.63 | $0.23 | $1.30 | $1.46 | $1.37 | $-0.16 | $0.89 | $1.09 | $1.07 | $-0.13 | $0.63 | $0.86 | $0.79 | $-0.14 | $0.15 | $0.46 | $0.50 | $-0.32 | $0.03 | $0.20 | $0.55 | $-0.18 | $0.02 | $0.38 |
| Low Forecast | $1.63 | $1.87 | $1.79 | $0.31 | $1.44 | $1.66 | $1.56 | $0.20 | $1.25 | $1.40 | $1.28 | $-0.52 | $0.85 | $1.05 | $1.03 | $-0.14 | $0.63 | $0.83 | $0.76 | $-0.14 | $0.15 | $0.45 | $0.48 | $-0.33 | $0.03 | $0.20 | $0.53 | $-0.18 | $0.02 | $0.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.20% | - | 1.17% | 1.23% | 1.14% | 3.95% | - | 1.22% | 1.35% | 1.03% | 1.73% | 1.30% | 1.25% | -1.00% | 4.36% | 1.10% | 0.98% | 1.41% | 4.00% | 1.28% |
According to 1 Wall Street analysts, Stride's projected average Quarter EPS for Mar 24 is $1.43, with a low estimate of $1.40 and a high estimate of $1.46. This represents a -9.01% decrease compared to LRN previous annual EPS of $1.57 (Dec 23).
Stride Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| STRA | Strategic Education | $94.13 | $127.50 | 35.45% | Buy |
| LINC | Lincoln Educational Services | $12.41 | $14.67 | 18.21% | Buy |
| LOPE | Grand Canyon Education | $143.13 | $166.00 | 15.98% | Buy |
| AFYA | Afya | $16.25 | $18.50 | 13.85% | Hold |
| APEI | American Public Education | $15.67 | $15.50 | -1.08% | Buy |
| LRN | Stride | $82.51 | $66.75 | -19.10% | Buy |
| ATGE | Adtalem Global Education | $72.86 | $49.80 | -31.65% | Buy |
LRN Forecast FAQ
Is Stride a good buy?
Yes, according to 3 Wall Street analysts, Stride (LRN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of LRN's total ratings.
What is LRN's price target?
Stride (LRN) average price target is $66.75 with a range of $45 to $90, implying a -19.10% from its last price of $82.51. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Stride stock go up soon?
According to Wall Street analysts' prediction for LRN stock, the company can go down by -19.10% (from the last price of $82.51 to the average price target of $66.75), up by 9.08% based on the highest stock price target, and down by -45.46% based on the lowest stock price target.
Can Stride stock reach $120?
LRN's average twelve months analyst stock price target of $66.75 does not support the claim that Stride can reach $120 in the near future.
What is Stride's current price target trend?
1 Wall Street analyst forecast a $90 price target for Stride (LRN) this month, up 9.08% from its last price of $82.51. Compared to the last 3 and 12 months, the average price target increased by 4.23% and decreased by -1.02%, respectively.
What are Stride's analysts' financial forecasts?
Stride's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $2.17B (high $2.2B, low $2.14B), average EBITDA is $310.98M (high $314.99M, low $307.29M), average net income is $219.89M (high $224.95M, low $214.71M), average SG&A $587.56M (high $595.13M, low $580.58M), and average EPS is $4.97 (high $5.08, low $4.85). LRN's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $2.28B (high $2.32B, low $2.24B), average EBITDA is $326.37M (high $331.83M, low $321.33M), average net income is $253.39M (high $258.91M, low $248.31M), average SG&A $616.63M (high $626.95M, low $607.11M), and average EPS is $5.73 (high $5.85, low $5.61).
Did the LRN's actual financial results beat the analysts' financial forecasts?
Based on Stride's last annual report (Jun 2023), the company's revenue was $1.84B, which missed the average analysts forecast of $2.2B by -16.56%. Apple's EBITDA was $291.31M, missing the average prediction of $292.75M by -0.49%. The company's net income was $126.87M, missing the average estimation of $147.6M by -14.04%. Apple's SG&A was $481.57M, missing the average forecast of $627.26M by -23.23%. Lastly, the company's EPS was $3, missing the average prediction of $3.48 by -13.87%. In terms of the last quarterly report (Dec 2023), Stride's revenue was $504.87M, beating the average analysts' forecast of $498.05M by 1.37%. The company's EBITDA was $84.29M, beating the average prediction of $71.37M by 18.10%. Stride's net income was $66.84M, beating the average estimation of $57.95M by 15.33%. The company's SG&A was $116.88M, missing the average forecast of $134.85M by -13.32%. Lastly, the company's EPS was $1.57, beating the average prediction of $1.31 by 19.87%