LRN Stock Analysis: Stride | NYSE
Education & Training Services | NYSE, USA | Market Cap: 3.175m USD | 12M Return: -47.8% | US86333M1080 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 67.2M
EPS Trend: 96.0%
Qual. Beats: 0
Rev. Trend: 96.7%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Stride, Inc. (NYSE: LRN) is a U.S.-based technology company that provides an online educational platform, delivering proprietary and third-party curriculum, software, and educational services. Headquartered in Reston, Virginia, and founded in 1999 (formerly known as K12 Inc. until its December 2020 rebranding), Stride serves virtual schools, traditional public and private school districts, charter boards, employers, government agencies, and individual consumers.
The company operates an end-to-end platform that integrates single sign-on, content management, learning management, student information systems, and data reporting/analytics tools. Course offerings span fields such as software engineering, healthcare, and medical disciplines, including state-customized curriculum versions, electives, and instructional supports. The company also licenses stand-alone curriculum and content that can be hosted on customers own learning management systems or integrated with existing student information platforms.
Beyond curriculum, Stride provides instructional services-including recruiting state-certified teachers, training in online instruction methods, oversight/evaluation, and ongoing professional development-along with support services such as marketing, student enrollment assistance, assessment management, administrative support, and technology/materials support. Listed in the GICS Education Services sub-industry within Consumer Discretionary, the company sits in the online K-12 and career learning segment, a niche that has grown as virtual and hybrid learning models gain broader acceptance among school districts and state education programs.
- Career Learning segment enrollment drives double-digit revenue growth
- State regulation on virtual K-12 funding threatens enrollment contracts
- Operating margins expand on instructional services efficiency gains
| Net Income: 334.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 3.34 > 1.0 |
| NWC/Revenue: 42.14% < 20% (prev 56.83%; Δ -14.69% < -1%) |
| CFO/TA 0.20 > 3% & CFO 504.8m > Net Income 334.3m |
| Net Debt (-42.2m) to EBITDA (585.0m): -0.07 < 3 |
| Current Ratio: 2.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.8m) vs 12m ago -8.93% < -2% |
| Gross Margin: 37.44% > 18% (prev 39.20%; Δ -1.76% > 0.5%) |
| Asset Turnover: 104.3% > 50% (prev 106.1%; Δ -1.79% > 0%) |
| Interest Coverage Ratio: 39.00 > 6 (EBIT TTM 452.8m / Interest Expense TTM 11.6m) |
| A: 0.42 (Total Current Assets 1.75b - Total Current Liabilities 685.6m) / Total Assets 2.53b |
| B: 0.49 (Retained Earnings 1.25b / Total Assets 2.53b) |
| C: 0.19 (EBIT TTM 452.8m / Avg Total Assets 2.43b) |
| D: 1.95 (Book Value of Equity 1.67b / Total Liabilities 859.2m) |
| Altman-Z'' = 7.67 = AAA |
| DSRI: 1.03 (Receivables 854.8m/809.3m, Revenue 2.54b/2.48b) |
| GMI: 1.05 (GM 39.20% / 37.44%) |
| AQI: 0.98 (AQ_t 0.24 / AQ_t-1 0.24) |
| SGI: 1.02 (Revenue 2.54b / 2.48b) |
| TATA: -0.07 (NI 334.3m - CFO 504.8m) / TA 2.53b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of October 29, 2026, the stock is trading at USD 80.10 with a total of 622,361 shares traded. Over the past week, the price has changed by +4.86%, over one month by +4.49%, over three months by -16.46% and over the past year by -47.83%.
Current recommended Stop Loss: 77.00 (which is 3.9% or 1.1 ATR below the current price).
Stride has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold LRN.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 107.5 | 34.2% |
P/E Trailing = 10.6989
P/E Forward = 8.5616
P/S = 1.2516
P/B = 1.9994
P/EG = 0.4282
Revenue TTM = 2.54b USD
EBIT TTM = 452.8m USD
EBITDA TTM = 585.0m USD
Long Term Debt = 418.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 506.3m USD (from shortTermDebt, last quarter)
Debt = 747.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 128.0m
Net Debt = -42.2m USD (calculated: Debt 747.0m - CCE 789.2m)
Enterprise Value = 3.13b USD (3.17b + Debt 747.0m - CCE 789.2m)
Interest Coverage Ratio = 39.00 (Ebit TTM 452.8m / Interest Expense TTM 11.6m)
EV/FCF = 7.40x (Enterprise Value 3.13b / FCF TTM 423.2m)
FCF Yield = 13.51% (FCF TTM 423.2m / Enterprise Value 3.13b)
FCF Margin = 16.68% (FCF TTM 423.2m / Revenue TTM 2.54b)
Net Margin = 13.18% (Net Income TTM 334.3m / Revenue TTM 2.54b)
Gross Margin = 37.44% ((Revenue TTM 2.54b - Cost of Revenue TTM 1.59b) / Revenue TTM)
Gross Margin QoQ = 37.71% (prev 34.16%)
Tobins Q-Ratio = 1.24 (Enterprise Value 3.13b / Total Assets 2.53b)
Interest Expense / Debt = 1.55% (Interest Expense 11.6m / Debt 747.0m)
Taxrate = 24.14% (106.4m / 440.8m)
NOPAT = 343.5m (EBIT 452.8m * (1 - 24.14%))
Current Ratio = 2.56 (Total Current Assets 1.75b / Total Current Liabilities 685.6m)
Debt / Equity = 0.45 (Debt 747.0m / totalStockholderEquity, last quarter 1.67b)
Debt / EBITDA = -0.07 (Net Debt -42.2m / EBITDA 585.0m)
Debt / FCF = -0.10 (Net Debt -42.2m / FCF TTM 423.2m)
Total Stockholder Equity = 1.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.75% (Net Income 334.3m / Total Assets 2.53b)
RoE = 20.59% (Net Income TTM 334.3m / Total Stockholder Equity 1.62b)
RoCE = 22.18% (EBIT 452.8m / Capital Employed (Equity 1.62b + L.T.Debt 418.0m))
RoIC = 15.44% (NOPAT 343.5m / Invested Capital 2.22b)
WACC = 2.81% (E(3.17b)/V(3.92b) * Re(3.19%) + D(747.0m)/V(3.92b) * Rd(1.55%) * (1-Tc(0.24)))
Discount Rate = 3.19% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 3.54%
Shares (quarterly) Correlation: 20.42 | Cagr: 0.58%
[DCF] Terminal Value 77.97% ; FCFF base≈378.8m ; Y1≈434.2m ; Y5≈639.0m
[DCF] Fair Price = 232.4 (EV 9.62b - Net Debt -42.2m = Equity 9.66b / Shares 41.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.05 | EPS CAGR: 35.23% | SUE: 0.28 | # QB: 0
Revenue Correlation: 96.65 | Revenue CAGR: 11.68% | SUE: 1.51 | # QB: 1
EPS current Quarter (2026-12-31): EPS=2.44 | Chg30d=-8.61% | Revisions=-25% | Analysts=2
EPS next Quarter (2027-03-31): EPS=2.76 | Chg30d=+8.38% | Revisions=+25% | Analysts=2
EPS current Year (2027-06-30): EPS=9.03 | Chg30d=+3.42% | Revisions=+0% | GrowthEPS=+8.3% | GrowthRev=+1.8%
EPS next Year (2028-06-30): EPS=9.48 | Chg30d=+2.16% | Revisions=+25% | GrowthEPS=+5.0% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: +12% (up=3, down=2)