Stride, Inc., 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. The company offers managed public school programs, which offer an integrated package of systems, services, products, and professional services that K12 administers to support an online or blended public school, including administrative support, information technology and provisioning, academic support, curriculum, learning systems, and instructional services. It also provides institutionalÂnon-managed public school programs, which offers instruction, curriculum, supplemental courses, marketing, enrollment, and other educational services; and institutional software and services, such as educational software and services to school districts, public schools, and other educational institutions. In addition, the company offers private pay schools and other services; and talent development services for individuals and enterprises in information technology fields. Further, it provides curriculum portfolios, pre-K and K-8 courses, high school courses, learning applications, and learning management systems; and TotalView, a student information system, which include a suite of online applications that offers administrators, teachers, parents, and students a view of student attendance, truancy management, graduation planning, communications, and learning kit shipment tracking. Additionally, the company provides a suite of services, such as academic support, and administrative and technology to students and their families, as well as directly to virtual and blended public schools, traditional schools, and school districts. It sells individual K-8 online courses and supplemental educational products directly to families. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Herndon, Virginia.
IPO Year:
Exchange: NYSE
Website: stridelearning.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/20/2024 | $77.00 → $90.00 | Buy → Neutral | Citigroup |
8/8/2024 | $94.00 | Buy | Canaccord Genuity |
3/10/2023 | $46.00 | Overweight → Equal-Weight | Morgan Stanley |
8/25/2022 | $45.00 | Equal-Weight → Overweight | Morgan Stanley |
1/26/2022 | $35.00 → $36.00 | Equal-Weight | Morgan Stanley |
1/5/2022 | $34.00 → $35.00 | Equal-Weight | Morgan Stanley |
9/14/2021 | $65.00 | Buy | Citigroup |
RESTON, Va, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE:LRN) announced today it plans to discuss its second quarter fiscal year 2025 financial results during a conference call scheduled for Tuesday, January 28, 2025 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/534139423. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/534139423 as soon
RESTON, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Tallo has launched a scholarship search tool as part of its comprehensive career development platform, helping students overcome financial barriers while they build skills and explore careers. Key features of the tool include: Nationwide scholarship databaseLocation and career goal-based filteringSaved opportunity trackingApplication deadline managementIntegration with career planning tools The new tool addresses a critical need in today's education landscape. Research shows 87% of college students require financial aid to pursue their education, while nearly half of young adults who leave college cite financial challenges as their
FAYETTEVILLE, Ga., Dec. 18, 2024 (GLOBE NEWSWIRE) -- MedCerts and New Hope Training Programs LLC are excited to announce an impactful partnership to make healthcare education more accessible, affordable and inclusive. Together, they aim to create opportunities for students, especially bilingual learners, to earn industry-recognized certifications that will open doors to meaningful careers. This initiative also addresses critical language barriers in healthcare. Approximately 22% of U.S. residents speak a language other than English at home, and nearly 9% face challenges due to limited English proficiency. These factors can significantly impact access to quality healthcare and patient o
Reston, VA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- K12, a leader in online K–12 education for over 25 years, is proud to announce the nationwide launch of K12 Tutoring, a personalized, online tutoring service designed to help students excel academically. This new offering underscores K12's ongoing commitment to delivering innovative, tailored educational solutions that inspire learning and empower students to reach their full potential. With the demand for online tutoring surging by 200% since the pandemic, families are increasingly seeking flexible, effective, and accessible academic support. K12 Tutoring provides students with individualized attention through one-to-one, video-enabled sessi
Columbus, OH., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Tech Elevator, a leading technology training provider helping individuals and companies gain in-demand skills for the modern workforce, is pleased to announce that through the Ohio Governor's Office of Workforce Transformation, students can earn awards up to 100% of coding bootcamp tuition via the Individual Microcredential Assistance Program (IMAP). To qualify, students must be Ohio residents and complete the application, acceptance, and enrollment process for a Tech Elevator coding bootcamp cohort. During the Tech Elevator bootcamp, students will earn nine in-demand microcredentials, including object-oriented programming, SQL and relat
RESTON, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Kevin P. Chavous, Senior Advisor to the CEO at Stride, Inc., has been recognized with the prestigious 2024 Profiles in Diversity Journal® Black Leadership Award, celebrating his exceptional contributions and leadership in education. This honor places Chavous among a distinguished group of leaders committed to driving positive change in their respective fields. "Receiving this award is a profound honor," said Kevin P. Chavous, Senior Advisor to the CEO at Stride, Inc. "This recognition is a testament to the power of advocacy, innovation, and collaboration in education and reflects my commitment to ensuring all students have access to quality
CINCINNATI, OH, Dec. 05, 2024 (GLOBE NEWSWIRE) -- MedCerts today announced a new partnership with Nurturing Minds Training Center to offer a self-paced, online Medical Coding and Billing Professional program designed to equip students in Ohio and nationwide with the training and skills needed to fill critical roles in healthcare. This partnership provides aspiring medical professionals with the flexibility to pursue their education and career goals without sacrificing their daily commitments. The demand for trained medical coders and billers is projected to grow 7% through 2031, according to the U.S. Bureau of Labor Statistics. As the healthcare industry faces critical workforce shortag
ONTARIO, California, Nov. 13, 2024 (GLOBE NEWSWIRE) -- As the demand for skilled healthcare professionals surges in California, McKallen Medical Training Center (MMTC) is stepping up to meet the challenge. MMTC is teaming up with MedCerts, a recognized leader in online healthcare training, to offer a wide range of certification training courses to aspiring healthcare workers. This collaboration will provide students with access to quality, flexible online certification training in critical areas like Medical Assistant, Patient Care Technician and more, helping to fill essential roles in California's rapidly growing healthcare industry. MMTC currently offers programs at its locations in
LIVONIA, MI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MedCerts announced today it is launching new financing solutions to allow employees more opportunity to leverage their tuition reimbursement opportunities. Bringing this new solution to the marketplace will make it easier for employees to access the education needed to upskill and advance their careers while enabling MedCerts employer partners to build a more capable and competitive workforce. This solution addresses two critical issues facing the healthcare industry today: employee retention and the skills gap. Seven in ten individuals said education provided more connection to their workplace and 90% of organizations surveyed stated that p
RESTON, VA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- On October 30, K12, a 25-year leader in virtual education, proudly announced the winners of its 2024 Photography Competition. This annual event celebrates the creativity and talent of student photographers nationwide. Now in its ninth year, inspired students from across the nation have been able to showcase their unique perspectives through the camera lens. In yesterday's announcement, 39 final winners were chosen from more than 12,000 entries representing over 24 schools across the nation. Explore the full finalist lineup and winning pieces here. This year, $20,000 in cash prizes were awarded; in each grade level, the first-place winner rec
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RESTON, Va, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE:LRN) announced today it plans to discuss its second quarter fiscal year 2025 financial results during a conference call scheduled for Tuesday, January 28, 2025 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/534139423. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/534139423 as soon
RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE:LRN), one of the nation's most successful technology-based education companies, today announced its results for the first fiscal quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to 2024 Revenue of $551.1 million, compared with $480.2 million.Income from operations of $47.3 million, compared with $3.3 million.Net income of $40.9 million, compared with $4.9 million.Diluted net income per share of $0.94, compared with $0.11.Adjusted operating income of $58.4 million, compared with $14.8 million. (1)Adjusted EBITDA of $83.9 million, compared with $39.8 million. (1) First Quarter Fiscal 2025 Summ
RESTON, Va, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE:LRN) announced today it plans to discuss its first quarter fiscal year 2025 financial results during a conference call scheduled for Tuesday, October 22, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/118785460. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/118785460 as soon
RESTON, Va., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE:LRN), one of the nation's most successful technology-based education companies, today announced its results for the fourth quarter and full fiscal year ended June 30, 2024. Fiscal 2024 Highlights Compared to 2023 Revenue of $2,040.1 million, compared with $1,837.4 million.Income from operations of $249.6 million, compared with $165.5 million.Net income of $204.2 million, compared with $126.9 million.Diluted net income per share of $4.69, compared with $2.97.Adjusted operating income of $293.9 million, compared with $201.0 million. (1)Adjusted EBITDA of $390.7 million, compared with $296.2 million. (1) Fiscal 2024 Summary
Reston, VA, July 23, 2024 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE:LRN) announced today it plans to discuss its fourth quarter and full fiscal year 2024 financial results during a conference call scheduled for Tuesday, August 6, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/804531504. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/804531504
RESTON, Va., April 23, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE:LRN), one of the nation's leading technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $520.8 million, compared with $470.3 million, driven by continued strong enrollment trends.Income from operations of $88.3 million, compared with $72.2 million.Net income of $69.7 million, compared with $55.5 million.Diluted net income per share of $1.60 compared with $1.30.Adjusted operating income of $96.4 million, compared with $80.2 million. (1)Adjusted EBITDA of $120.5 million, compared with $103.9 millio
Stride Inc. (NYSE:LRN) announced today it plans to discuss its third quarter fiscal year 2024 financial results during a conference call scheduled for Tuesday, April 23, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/945956563 . To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID number 8901384. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/945956563 as soon as it is available. About Stride Inc. At Str
Raising Full Year Guidance Stride, Inc. (NYSE:LRN), one of the nation's leading technology-based education companies, today announced its results for the second fiscal quarter ended December 31, 2023. Second Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $504.9 million, compared with $458.4 million, driven by strong enrollment trends. Income from operations of $84.3 million, compared with $68.1 million. Net income of $66.8 million, compared with $50.7 million. Diluted net income per share of $1.54 compared with $1.19. Adjusted operating income of $94.9 million, compared with $76.3 million. (1) Adjusted EBITDA of $118.3 million, compared with $100.5 million.
Stride Inc. (NYSE:LRN) announced today it plans to discuss its second quarter fiscal year 2024 financial results during a conference call scheduled for Tuesday, January 23, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/460100403 . To participate in the live call, investors and analysts should dial (888) 210-2831 (domestic) or 1 (289) 514-2968 (international) and provide the conference ID number 4812941. Please access the website at least 15 minutes prior to the start of the call. A replay of the call will be posted at https://events.q4inc.com/attendee/460100403 as soon as it is available. About Stride Inc. At S
Stride, Inc. (NYSE:LRN), one of the nation's leading technology-based education companies, today announced the results from its first fiscal quarter ended September 30, 2023. First Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $480.2 million, compared with $425.2 million, driven by General Education and Career Learning enrollment strength. Income from operations of $3.3 million, compared with loss from operations of $28.7 million. Net income of $4.9 million, compared with net loss of $22.7 million. Diluted net income per share of $0.11, compared with diluted net loss per share of $0.54. Adjusted operating income of $14.8 million, compared with adjusted operatin
ONTARIO, California, Nov. 13, 2024 (GLOBE NEWSWIRE) -- As the demand for skilled healthcare professionals surges in California, McKallen Medical Training Center (MMTC) is stepping up to meet the challenge. MMTC is teaming up with MedCerts, a recognized leader in online healthcare training, to offer a wide range of certification training courses to aspiring healthcare workers. This collaboration will provide students with access to quality, flexible online certification training in critical areas like Medical Assistant, Patient Care Technician and more, helping to fill essential roles in California's rapidly growing healthcare industry. MMTC currently offers programs at its locations in
Indiana Tech is partnering with MedCerts, an online training provider focused on certifications in allied healthcare and IT, to transform educational opportunities for students pursuing advanced degrees. Through this collaborative alliance, students who have completed MedCerts certifications can transfer up to 30 credit hours toward an Indiana Tech degree program. "We are thrilled to partner with MedCerts to provide a streamlined and supportive educational pathway for students. This alliance reflects our ongoing commitment to recognizing diverse learning experiences and equipping our students with the skills needed to excel in today's competitive job market. By accepting MedCerts' credits
Mott Community College (MCC) Workforce and Economic Development Division and MedCerts proudly announce a new collaboration aimed at enhancing Allied Health education. By tapping into the potential of MedCerts' innovative short-term online programs and content, MCC will provide additional opportunities for students interested in pursuing careers in critical healthcare roles. This partnership is a significant step forward for MCC's Workforce & Economic Development Division, as it becomes the first community college in Michigan to join forces with MedCerts. This strategic alliance is poised to reshape healthcare education by offering students the opportunity to become trained and certified a
Sports Illustrated 2022 SportsKid of the Year, 13-year-old Carter Bonas seeks to inspire others by sharing his journey with autism through his love of golf Breaking barriers and defying the odds! A current 7th grader at Digital Academy of Florida (DAOF), Carter Bonas, is inspiring change across the state through his love of golf and personal journey. Diagnosed with Asperger's Syndrome at a young age, Carter has faced numerous challenges, including learning hardships and experiencing bullying at his former school. Determined to create a brighter future, Carter, alongside his supportive family, embarked on a journey that led him to find his passion for golf, entrepreneurship, and advocacy.
Carolus Online Academy, focused on helping students identify a career pathway, is now accepting students for the upcoming academic year For families in search of a learning environment that will prepare their students for the future, enrollment is now open at Carolus Online Academy (COA) for the 2024-2025 school year – now expanding to include grades K—12! This tuition-free, online charter school invites prospective families to join this vibrant virtual learning community of students and educators from across the state. With a combination of engaging curriculum and dedicated teachers, COA offers highly interactive programs and opportunities to build community through social events, club
Enrollment is now open at Digital Academy of Florida (DAOF) for the upcoming 2024-2025 school year. Prospective students and their families are invited to join the statewide online public school's dynamic learning community that comes at no cost to families. DAOF offers a tailored, educational experience that uses innovative technology and a rich curriculum from K12 that aims to unite students and parents in a collaborative learning environment where personal interests and passions are encouraged. With a full suite of academic and school support services, the academy is dedicated to equipping parents and students with strategies and techniques that help meet potential needs. Parents of
Enrollment is now open at Insight PA Cyber Charter School (Insight PA) for the upcoming 2024-2025 school year. Prospective students and their families are invited to join the full-time, online public charter school's dynamic learning community that comes at no cost to families. Insight PA provides an educational experience that is tailored to each child's needs. The online school provides a high-quality education through its comprehensive curriculum and certified teachers. The online school also offers dedicated support through counselors and specialists, to ensure both students and families receive one-on-one guidance when needed. Students learn in ways that are right for them – wherever
Cyber Academy of South Carolina and Heron Virtual Academy of South Carolina, focused on flexible learning, are now accepting students for the upcoming academic year For families in search of a flexible, tailored learning environment for their students, enrollment is now open at Cyber Academy of South Carolina (CASC) and Heron Virtual Academy of South Carolina (Heron) for the 2024-2025 school year! Both full-time, tuition-free, online public schools invite prospective families to join the vibrant virtual learning community of students and educators from across the state. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202402211228
Enrollment is now open at Florida Cyber Charter Academy (FLCCA) for the upcoming 2024-2025 school year. Prospective students and their families are invited to join the full-time, online public school's innovative learning community that comes at no cost to families throughout Florida. Serving students in grades K-12, FLCCA offers students an education option designed to help them reach their full potential. Florida families and students choose online learning for a variety of reasons, including advanced learning, a bullying-free environment, and the flexibility to support extracurricular pursuits or medical needs while maintaining a focus on academics. FLCCA's online platform allows stude
University of New England, College of Professional Studies (UNE) announced today it has partnered with MedCerts, a leader in online healthcare and IT career training, to offer a variety of healthcare focused classes. The new classes will be added to UNE's list of healthcare offerings, increasing the number of options for interested students pursuing a rewarding career in an in-demand and growing field. MedCerts, specializes in online and blended education programs, with high-quality training courses ranging in a wide variety of topics across the healthcare industry, from entry-level to advanced. The courses are online, allowing accessibility to working adult students. "We are incredibly
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Citigroup downgraded Stride from Buy to Neutral and set a new price target of $90.00 from $77.00 previously
Canaccord Genuity initiated coverage of Stride with a rating of Buy and set a new price target of $94.00
Morgan Stanley downgraded Stride from Overweight to Equal-Weight and set a new price target of $46.00
Morgan Stanley upgraded Stride from Equal-Weight to Overweight and set a new price target of $45.00
Morgan Stanley reiterated coverage of Stride with a rating of Equal-Weight and set a new price target of $36.00 from $35.00 previously
Morgan Stanley reiterated coverage of Stride with a rating of Equal-Weight and set a new price target of $35.00 from $34.00 previously
Citigroup initiated coverage of Stride with a rating of Buy and set a new price target of $65.00
Morgan Stanley reiterated coverage of Stride with a rating of Equal-Weight and set a new price target of $29.00 from $27.00 previously
Morgan Stanley initiated coverage of Stride with a rating of Equal-Weight and set a new price target of $27.00
Morgan Stanley initiated coverage of Stride with a rating of Equal Weight