Stride found using ticker (LRN) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 65 and 36 calculating the mean target price we have 49. With the stocks previous close at 27 this would imply there is a potential upside of 81.5%. The day 50 moving average is 32.69 and the 200 moving average now moves to 32.21. The market cap for the company is $1,444m. Company Website: https://www.stridelearning.com
The potential market cap would be $2,620m 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.
