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
€70.00
-2.100%
Stride Inc. is currently one of the favorites of our community with 12 Buy predictions and no Sell predictions.
As a result the target price of 130 € shows a very positive potential of 85.71% compared to the current price of 70.0 € for Stride Inc..
