Stride with ticker code (LRN) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 65 and 45 with a mean TP of 53. Now with the previous closing price of 38.06 this would imply there is a potential upside of 39.3%. There is a 50 day moving average of 39.97 and the 200 moving average now moves to 36.01. The market cap for the company is $1,631m. Company Website: https://www.stridelearning.com
The potential market cap would be $2,272m based on the market concensus.
Stride, a technology-based education service 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; individual online courses and supplemental educational products; 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 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 public and private schools, school districts, charter boards, 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 Reston, Virginia.
