Stride with ticker code (LRN) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 65 and 42 calculating the average target price we see 52.25. Given that the stocks previous close was at 43.16 this indicates there is a potential upside of 21.1%. There is a 50 day moving average of 38.36 and the 200 day moving average is 35.33. The company has a market capitalisation of $1,888m. Company Website: https://www.stridelearning.com
The potential market cap would be $2,286m based on the market concensus.
Stride, a technology-based education company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for the data science, software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. Stride serves consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride in December 2020. Stride was founded in 2000 and is headquartered in Herndon, Virginia.
