Why Stride Stock Is Plummeting Today
Shares of leading online education platform Stride (NYSE: LRN) are down almost 49% as of 10 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.
The learning technology company reported first-quarter earnings yesterday and saw enrollments, revenue, and adjusted earnings per share rise by 11%, 13%, and 39%, respectively.
However, Stride guided for 2026 sales growth of only 5% after the company experienced major issues implementing an upgraded platform over the summer.
Source Fool.com
Stride Inc. Stock
€56.50
-0.880%
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Stride Inc..
With a target price of 132 € there is potential for a 133.63% increase which would mean more than doubling the current price of 56.5 € for Stride Inc..
