Stride (LRN)

• Market cap: $5.79B
• 1 day: -2.10%
• 5 days: -2.53%
• 1 month: 9.06%
• 3 months: 14.13%
• 6 months: 105.83%
• Year to date: 25.08%
• 1 year: 128.93%
• 5 years: 450.54%
• 10 years: 723.59%
• Sector: Consumer Staples
• Industry: Education & Training Services

About: Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.

Employees: 7,800

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

131% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 35

30% more capital invested

Capital invested by funds: $4.09B [Q3] → $5.33B (+$1.25B) [Q4]

25% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]

15% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 131

11% more funds holding

Funds holding: 362 [Q3] → 402 (+40) [Q4]

0.21% more ownership

Funds ownership: 110.79% [Q3] → 110.99% (+0.21%) [Q4]

22% less call options, than puts

Call options by funds: $36M | Put options by funds: $46.1M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $139 5% upside
• Avg. target: $145 9% upside
• High target: $150 13% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Alexander Paris 59% 1-year accuracy 77 / 130 met price target	13% upside $150	Outperform Maintained	17 Apr 2025
BMO Capital Jeffrey Silber 36% 1-year accuracy 15 / 42 met price target	5% upside $139	Outperform Maintained	1 Apr 2025
Canaccord Genuity Jason Tilchen 67% 1-year accuracy 6 / 9 met price target	9% upside $145	Buy Maintained	11 Mar 2025