LRN Chart
About

Stride, Inc., together with its subsidiaries, provides proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; learning software and support services to schools and school districts; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and operates tuition-based private schools. In addition, the company offers focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brands, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was incorporated in 1999 and is headquartered in Reston, Virginia.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Education & Training Ser Market Cap 3.71B
Enterprise Value 3.64B Income 318.94M Sales 2.52B
Book/sh 36.83 Cash/sh 9.19 Dividend Yield
Payout 0.00% Employees 8600 IPO
P/E 13.00 Forward P/E 9.32 PEG
P/S 1.47 P/B 2.30 P/C
EV/EBITDA 7.03 EV/Sales 1.44 Quick Ratio 6.79
Current Ratio 7.27 Debt/Eq 57.95 LT Debt/Eq
EPS (ttm) 6.51 EPS next Y 9.08 EPS Growth 108.30%
Revenue Growth 47.80% Earnings 2026-04-28 ROA 13.23%
ROE 22.26% ROIC Gross Margin 39.31%
Oper. Margin 5.38% Profit Margin 12.66% Shs Outstand 42.58M
Shs Float 40.72M Short Float 20.27% Short Ratio 3.97
Short Interest 52W High 171.17 52W Low 60.61
Beta 0.06 Avg Volume 1.27M Volume 971.16K
Target Price $106.33 Recom Buy Prev Close $85.31
Price $84.60 Change -0.83%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$106.33
Mean price target
2. Current target
$84.60
Latest analyst target
3. DCF / Fair value
$21.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$84.60
Low
$94.00
High
$125.00
Mean
$106.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-28 main Canaccord Genuity Buy → Buy $125
2026-01-28 main Barrington Research Outperform → Outperform $125
2026-01-21 main Barrington Research Outperform → Outperform $125
2025-12-17 main Morgan Stanley Equal-Weight → Equal-Weight $95
2025-11-07 main BMO Capital Market Perform → Market Perform $82
2025-10-29 main Canaccord Genuity Buy → Buy $125
2025-10-29 main Barrington Research Outperform → Outperform $125
2025-10-29 down BMO Capital Outperform → Market Perform $108
2025-10-24 main Canaccord Genuity Buy → Buy $175
2025-09-23 main Barrington Research Outperform → Outperform $185
2025-08-29 main Barrington Research Outperform → Outperform $185
2025-08-06 main Morgan Stanley Equal-Weight → Equal-Weight $159
2025-07-24 main Barrington Research Outperform → Outperform $170
2025-04-30 main Barrington Research Outperform → Outperform $170
2025-04-28 main Canaccord Genuity Buy → Buy $155
2025-04-17 main Barrington Research Outperform → Outperform $150
2025-04-01 main BMO Capital Outperform → Outperform $139
2025-03-14 main Barrington Research Outperform → Outperform $140
2025-03-11 main Canaccord Genuity Buy → Buy $145
2025-01-30 main BMO Capital Outperform → Outperform $134
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1350 Stock Gift at price 0.00 per share. RHYU JAMES JEAHO Chief Executive Officer 2026-02-19 00:00:00 D
1 4097 Stock Award(Grant) at price 0.00 per share. FINK STEVEN B Director 2025-12-04 00:00:00 I
2 4097 Stock Award(Grant) at price 0.00 per share. KNOWLING ROBERT E JR Director 2025-12-04 00:00:00 D
3 4097 Stock Award(Grant) at price 0.00 per share. MCFADDEN ELIZA Director 2025-12-04 00:00:00 D
4 4097 Stock Award(Grant) at price 0.00 per share. ALVAREZ AIDA M Director 2025-12-04 00:00:00 D
5 25177 Stock Gift at price 0.00 per share. RHYU JAMES JEAHO Chief Executive Officer 2025-11-19 00:00:00 D
6 58395 Stock Award(Grant) at price 0.00 per share. RHYU JAMES JEAHO Chief Executive Officer 2025-09-18 00:00:00 D
7 58395 nan RHYU JAMES JEAHO Chief Executive Officer 2025-09-18 00:00:00 D
8 20855 Stock Award(Grant) at price 0.00 per share. BLACKMAN DONNA Chief Financial Officer 2025-09-17 00:00:00 D
9 3335 Stock Award(Grant) at price 0.00 per share. GOLDTHWAITE TODD Officer 2025-09-17 00:00:00 D
Financials
Line Item2025-06-302024-06-302023-06-302022-06-30
TaxEffectOfUnusualItems-14.51M0.000.000.00
TaxRateForCalcs0.240.240.260.27
NormalizedEBITDA567.87M386.18M291.31M253.26M
TotalUnusualItems-59.48M0.000.00
TotalUnusualItemsExcludingGoodwill-59.48M0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest287.94M204.18M126.87M107.13M
ReconciledDepreciation114.67M109.68M110.36M97.91M
ReconciledCostOfRevenue1.46B1.28B1.19B1.09B
EBITDA508.39M386.18M291.31M253.26M
EBIT393.72M276.50M180.95M155.35M
NetInterestIncome-10.50M-8.81M-8.40M-8.28M
InterestExpense10.50M8.81M8.40M8.28M
NormalizedIncome332.91M204.18M126.87M107.13M
NetIncomeFromContinuingAndDiscontinuedOperation287.94M204.18M126.87M107.13M
TotalExpenses1.99B1.79B1.67B1.53B
TotalOperatingIncomeAsReported360.09M249.60M165.50M156.63M
DilutedAverageShares48.41M43.54M42.73M42.44M
BasicAverageShares43.04M42.63M42.29M41.45M
DilutedEPS5.954.692.972.52
BasicEPS6.694.793.002.58
DilutedNIAvailtoComStockholders287.94M204.18M126.87M107.13M
NetIncomeCommonStockholders287.94M204.18M126.87M107.13M
NetIncome287.94M204.18M126.87M107.13M
NetIncomeIncludingNoncontrollingInterests287.94M204.18M126.87M107.13M
NetIncomeContinuousOperations287.94M204.18M126.87M107.13M
EarningsFromEquityInterestNetOfTax-2.27M977.00K-334.00K144.00K
TaxProvision93.01M64.48M45.35M40.09M
PretaxIncome383.22M267.69M172.55M147.07M
OtherIncomeExpense-25.85M26.90M15.45M-1.28M
OtherNonOperatingIncomeExpenses33.63M26.90M15.45M-1.28M
SpecialIncomeCharges-59.48M0.000.00
ImpairmentOfCapitalAssets59.48M0.000.00
NetNonOperatingInterestIncomeExpense-10.50M-8.81M-8.40M-8.28M
TotalOtherFinanceCost8.28M17.98M
InterestExpenseNonOperating10.50M8.81M8.40M8.28M
OperatingIncome419.57M249.60M165.50M156.63M
OperatingExpense524.35M514.00M481.57M439.85M
SellingGeneralAndAdministration524.35M514.00M481.57M439.85M
GrossProfit943.92M763.60M647.07M596.48M
CostOfRevenue1.46B1.28B1.19B1.09B
TotalRevenue2.41B2.04B1.84B1.69B
OperatingRevenue2.41B2.04B1.84B1.69B
Line Item2025-06-302024-06-302023-06-302022-06-30
TreasurySharesNumber5.33M5.33M5.33M5.33M
OrdinarySharesNumber43.52M43.24M43.00M42.78M
ShareIssued48.85M48.58M48.34M48.11M
NetDebt2.23M22.04M
TotalDebt549.76M528.21M543.81M565.67M
TangibleBookValue1.08B733.87M491.57M360.48M
InvestedCapital1.90B1.59B1.36B1.22B
WorkingCapital1.33B1.00B756.06M648.46M
NetTangibleAssets1.08B733.87M491.57M360.48M
CapitalLeaseObligations133.44M113.54M130.77M154.23M
CommonStockEquity1.48B1.18B947.30M812.58M
TotalCapitalization1.90B1.59B1.36B1.22B
TotalEquityGrossMinorityInterest1.48B1.18B947.30M812.58M
StockholdersEquity1.48B1.18B947.30M812.58M
GainsLossesNotAffectingRetainedEarnings-67.00K-42.00K-35.00K143.00K
OtherEquityAdjustments-67.00K-42.00K-35.00K143.00K
TreasuryStock102.48M102.48M102.48M102.48M
RetainedEarnings846.45M558.51M354.33M227.46M
AdditionalPaidInCapital735.71M720.03M695.48M687.45M
CapitalStock4.00K4.00K4.00K4.00K
CommonStock4.00K4.00K4.00K4.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest814.34M744.44M813.37M830.96M
TotalNonCurrentLiabilitiesNetMinorityInterest511.46M500.16M504.24M528.89M
OtherNonCurrentLiabilities15.41M13.84M10.50M10.23M
NonCurrentDeferredLiabilities0.003.21M31.85M
NonCurrentDeferredTaxesLiabilities0.003.21M31.85M
LongTermDebtAndCapitalLeaseObligation496.05M486.32M493.74M515.45M
LongTermCapitalLeaseObligation79.73M71.64M80.70M104.02M
LongTermDebt416.32M414.68M413.04M411.44M
CurrentLiabilities302.88M244.28M309.13M302.07M
CurrentDeferredLiabilities27.00M35.74M76.16M53.63M
CurrentDeferredRevenue27.00M35.74M76.16M53.63M
CurrentDebtAndCapitalLeaseObligation53.71M41.89M50.07M50.22M
CurrentCapitalLeaseObligation53.71M41.89M50.07M50.22M
LineOfCredit0.00
PensionandOtherPostRetirementBenefitPlansCurrent74.94M64.88M57.43M73.03M
PayablesAndAccruedExpenses147.24M101.77M125.48M125.20M
CurrentAccruedExpenses103.28M60.80M76.63M63.20M
Payables43.96M40.97M48.85M62.00M
AccountsPayable43.96M40.97M48.85M62.00M
TotalAssets2.29B1.92B1.76B1.64B
TotalNonCurrentAssets661.20M675.04M695.50M693.04M
OtherNonCurrentAssets141.50M120.32M109.15M93.95M
NonCurrentPrepaidAssets93.95M105.51M
NonCurrentDeferredAssets26.38M7.20M8.78M0.00
NonCurrentDeferredTaxesAssets26.38M7.20M8.78M0.00
GoodwillAndOtherIntangibleAssets398.77M442.16M455.73M452.10M
OtherIntangibleAssets152.10M195.48M209.05M211.08M
Goodwill246.68M246.68M246.68M241.02M
NetPPE94.54M105.36M121.84M146.99M
AccumulatedDepreciation-125.75M-112.55M-105.47M-89.29M
GrossPPE220.29M217.91M227.31M236.28M
Leases10.33M10.37M11.59M12.61M
MachineryFurnitureEquipment209.96M207.54M215.72M223.67M
Properties0.000.000.000.00
CurrentAssets1.63B1.25B1.07B950.53M
OtherCurrentAssets14.67M14.49M17.22M80.60M
PrepaidAssets35.58M29.16M24.82M25.97M
Inventory37.57M36.75M36.72M36.00M
InventoriesAdjustmentsAllowances-6.80M-5.90M-4.10M
OtherInventories44.37M42.65M40.82M
Receivables559.65M472.75M463.72M418.56M
AccountsReceivable559.65M472.75M463.72M418.56M
AllowanceForDoubtfulAccountsReceivable-31.12M-31.30M-30.03M-26.99M
GrossAccountsReceivable590.77M504.05M493.75M445.55M
CashCashEquivalentsAndShortTermInvestments985.27M692.29M522.73M389.40M
OtherShortTermInvestments202.77M191.67M111.92M
CashAndCashEquivalents782.50M500.61M410.81M389.40M
Line Item2025-06-302024-06-302023-06-302022-06-30
FreeCashFlow372.81M217.21M136.60M139.26M
RepurchaseOfCapitalStock-37.85M-9.23M
RepaymentOfDebt-41.47M-40.92M-42.96M-33.01M
IssuanceOfDebt0.000.00408.61M
CapitalExpenditure-60.01M-61.59M-66.55M-67.63M
InterestPaidSupplementalData9.14M7.52M6.95M6.64M
IncomeTaxPaidSupplementalData67.90M85.23M37.13M35.97M
EndCashPosition782.50M500.61M410.81M389.40M
BeginningCashPosition500.61M410.81M389.40M386.58M
ChangesInCash281.88M89.81M21.41M2.82M
FinancingCashFlow-62.94M-49.12M-63.50M-93.31M
CashFlowFromContinuingFinancingActivities-62.94M-49.12M-63.50M-93.31M
NetOtherFinancingCharges-7.02M-22.86M-71.24M
ProceedsFromStockOptionExercised-21.47M-8.20M-13.52M-37.44M
NetCommonStockIssuance-37.85M-9.23M
CommonStockPayments-37.85M-9.23M
NetIssuancePaymentsOfDebt-41.47M-40.92M-42.96M-33.01M
NetShortTermDebtIssuance0.000.00-100.00M
ShortTermDebtPayments0.000.00-100.00M
ShortTermDebtIssuance0.000.00
NetLongTermDebtIssuance-41.47M-40.92M-42.96M-33.01M
LongTermDebtPayments-41.47M-40.92M-42.96M-33.01M
LongTermDebtIssuance0.000.00408.61M
InvestingCashFlow-88.00M-139.87M-118.24M-110.76M
CashFlowFromContinuingInvestingActivities-88.00M-139.87M-118.24M-110.76M
NetOtherInvestingChanges-20.68M-5.20M-3.06M-3.90M
NetInvestmentPurchaseAndSale-7.30M-73.09M-48.63M-39.23M
SaleOfInvestment252.93M204.49M91.94M45.42M
PurchaseOfInvestment-260.23M-277.57M-140.57M-84.66M
NetBusinessPurchaseAndSale0.000.00-71.14M
PurchaseOfBusiness0.000.00-71.14M
NetIntangiblesPurchaseAndSale-48.70M
PurchaseOfIntangibles-48.70M
NetPPEPurchaseAndSale-1.78M-2.27M-4.34M-9.75M
SaleOfPPE0.000.00223.00K
PurchaseOfPPE-1.78M-2.27M-4.34M-9.75M
CapitalExpenditureReported-58.23M-59.32M-62.21M-57.88M
OperatingCashFlow432.82M278.80M203.15M206.88M
CashFlowFromContinuingOperatingActivities432.82M278.80M203.15M206.88M
ChangeInWorkingCapital-76.87M-109.00M-67.54M-64.92M
ChangeInOtherWorkingCapital-7.18M-37.07M22.34M8.38M
ChangeInOtherCurrentLiabilities-12.40M-14.99M-12.24M-20.74M
ChangeInPayablesAndAccruedExpense51.14M-16.01M-3.34M144.00K
ChangeInAccruedExpense50.83M-9.16M8.66M133.00K
ChangeInPayable310.00K-6.84M-12.00M11.00K
ChangeInAccountPayable310.00K-6.84M-12.00M11.00K
ChangeInInventory-6.24M-8.88M-19.39M4.80M
ChangeInReceivables-102.19M-32.06M-54.91M-57.50M
ChangesInAccountReceivables-102.19M-32.06M-54.91M-57.50M
OtherNonCashItems13.32M16.73M14.36M31.33M
StockBasedCompensation36.79M31.46M20.32M18.57M
ProvisionandWriteOffofAssets15.27M22.84M9.16M15.67M
AssetImpairmentCharge59.48M0.000.00
DeferredTax-17.78M2.89M-10.37M1.19M
DeferredIncomeTax-17.78M2.89M-10.37M1.19M
DepreciationAmortizationDepletion114.67M109.68M110.36M97.91M
DepreciationAndAmortization114.67M109.68M110.36M97.91M
NetIncomeFromContinuingOperations287.94M204.18M126.87M107.13M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for LRN
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status