Stride(LRN)
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Stride Authorizes $500 Million Buyback, Citing Confidence in Online Learning Demand
Yahoo Finance· 2025-11-13 18:37
Core Insights - Stride, Inc. has authorized a new stock repurchase program of up to $500 million, effective through October 31, 2026, indicating confidence in the company's future and market conditions [1][2]. Company Overview - Stride, Inc. is a technology-enabled education company based in Reston, Virginia, serving learners from K-12 through adult career training, providing virtual and hybrid public-school programs, career learning, skills training, and professional development across all 50 states and over 100 countries [3]. Financial Strategy - The management emphasizes confidence in long-term demand for online learning and the company's cash generation capabilities, framing the buyback as a strategy to repurchase stock at attractive prices while still funding growth investments [2]. - The board has the flexibility to suspend or discontinue the buyback program at any time, with no obligation to purchase a set amount [2].
Is Stride Quietly Building the Next Hybrid Model for U.S. Schools?
ZACKS· 2025-11-13 17:25
Core Insights - Stride, Inc. (LRN) is positioned at the intersection of technology, personalized instruction, and workforce readiness, offering online and blended education solutions that cater to the shift towards virtual and career-oriented education options [2][5] Company Overview - Stride, Inc. provides K-12 online school programs and expanding hybrid and in-person options through a career learning platform focused on sectors like healthcare, IT, and advanced manufacturing [3] - The company reported a 16.3% year-over-year revenue growth in its Career Learning segment, reaching $257.8 million in the first quarter of fiscal 2026, with enrollments increasing by 20% [3][10] - The General Education segment also saw a revenue growth of 10.2% year-over-year in the same quarter [3] Strategic Initiatives - Stride's focus on hybrid innovation is supported by state-level funding flexibility, allowing partnerships with school districts for scalable and cost-effective educational solutions [4] - The K12 Tutoring collaboration with Lake Forest School District exemplifies Stride's strategy to diversify its offerings and enhance revenue visibility [4] Competitive Landscape - Stride competes in the education market with other players like Strategic Education, Inc. (STRA) and American Public Education, Inc. (APEI), leveraging its hybrid strengths in K-12 and fast-growing Career Learning [6][8] - Strategic Education focuses on post-secondary credentials and employer partnerships, while American Public Education targets working adults and military markets with specialized programs [7] Stock Performance and Valuation - Stride's stock has decreased by 57.7% over the past three months, underperforming compared to the Zacks Schools industry and the broader market [9][10] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 7.65, indicating a discount relative to industry peers [11] - Earnings estimates for fiscal 2026 and 2027 have been revised downwards to $8.39 and $8.90 per share, respectively, but still imply year-over-year improvements of 3.6% and 6.2% [13]
LRN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Stride, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-13 17:00
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for alleged violations of federal securities laws, focusing on misleading statements regarding the company's products and services [1][2]. Class Definition - The lawsuit seeks damages for all individuals and entities that purchased Stride securities between October 22, 2024, and October 28, 2025, inclusive [2]. Case Details - The Complaint alleges that Stride made misleading statements about its educational products and services, claiming they help learners reach their full potential while engaging in practices such as: - Inflating enrollment numbers by retaining "ghost students" - Cutting staffing costs by overloading teachers beyond statutory limits - Ignoring compliance requirements, including background checks and special education services - Suppressing whistleblowers who reported financial directives to delay hiring and deny services - Losing existing and potential enrollments [3]. Next Steps - Interested parties can review the Complaint and have until January 12, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4]. Legal Representation - The law firm Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only collect fees if the lawsuit is successful [5].
Enrollment Drop, Compliance Allegations Fuel Stride (LRN) Shareholder Lawsuit – Hagens Berman
Globenewswire· 2025-11-13 16:38
Core Viewpoint - Stride, Inc. is facing a securities class action lawsuit from shareholders due to significant operational and compliance challenges that have led to a sharp decline in its stock price [1] Group 1: Legal Proceedings - Hagens Berman, a prominent shareholder rights law firm, is investigating legal claims against Stride and its executives, urging affected investors to report their losses [2] - The class action lawsuit covers the period from October 22, 2024, to October 28, 2025, with a lead plaintiff deadline set for January 12, 2026 [3] - The litigation focuses on Stride's assurances regarding its business model and enrollment figures, particularly after the loss of a contract with Gallup-McKinley [3] Group 2: Allegations and Findings - The complaint alleges that Stride misled investors about its operational health, including inflated enrollment figures by including "ghost students" and increasing student-to-teacher ratios unlawfully [4][9] - A report surfaced on September 14, 2025, revealing Gallup-McKinley's lawsuit against Stride for fraud and deceptive practices, which further damaged investor trust [4] - Stride's announcement on October 28, 2025, indicated that "poor customer experience" led to an estimated loss of 10,000 to 15,000 enrollments [5] Group 3: Financial Outlook - Investors expressed significant concern over Stride's guidance for 2026, forecasting only 5% sales growth, a stark decline from the previous five years' annualized growth of 19% [6]
LRN Investor Notice: Levi & Korsinsky Investigates Stride, Inc. for Securities Law Violations
Newsfile· 2025-11-13 13:56
Core Insights - Stride, Inc. is under investigation for possible violations of federal securities laws following disappointing enrollment numbers and guidance despite beating earnings expectations [1][2] - The company's stock price experienced a significant drop of $68.51, opening at $85.02 per share after the earnings report [3] Financial Performance - Stride reported its first quarter fiscal 2026 earnings on October 28, 2025, which exceeded market expectations [2] - However, enrollment numbers and forward-looking guidance were significantly below expectations, indicating potential operational challenges [2] Operational Challenges - Stride has invested in upgrading its learning and technology platforms, but the implementations faced difficulties, leading to higher withdrawal rates and lower conversion rates than anticipated [2]
LRN ALERT: Did Stride, Inc. Mislead Investors? BFA Law Reminds Investors with Losses of the Upcoming January 12 Court Deadline
Globenewswire· 2025-11-13 13:36
Core Viewpoint - A class action lawsuit has been filed against Stride, Inc. for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][2]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [3]. Allegations - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students," failed to comply with employee background checks and licensure laws, and provided a poor customer experience leading to higher withdrawal rates and lower conversion rates [3][4]. Stock Performance - On September 14, 2025, Stride's stock dropped by $18.60, or over 11%, from $158.36 to $139.76 per share following the fraud allegations [4]. - On October 28, 2025, Stride admitted to poor customer experiences, resulting in an estimated 10,000-15,000 fewer enrollments, causing the stock to plummet by $83.48, or more than 54%, from $153.53 to $70.05 per share [5]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [2].
LRN Shareholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against Stride, Inc.
Globenewswire· 2025-11-13 12:33
SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Stride, Inc. (NYSE: LRN) securities between October 22, 2024 and October 28, 2025. Stride is a technology company that provides an education platform to deliver online learning to students throughout the U.S. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins ...
Law Offices of Howard G. Smith Encourages Stride, Inc. (LRN) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-13 02:01
Core Viewpoint - A class action lawsuit has been filed on behalf of investors who purchased Stride, Inc. securities during the specified class period, indicating potential legal challenges for the company [1] Summary by Relevant Sections - **Company Information** - Stride, Inc. is identified by its NYSE ticker symbol LRN [1] - **Legal Action Details** - The class action lawsuit pertains to investors who acquired Stride securities between October 22, 2024, and October 28, 2025 [1] - Investors have until January 12, 2025, to file a lead plaintiff motion [1]
LRN Investors Have Opportunity to Lead Stride, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-13 00:38
Core Viewpoint - LRN investors have the opportunity to lead a securities fraud lawsuit against Stride, Inc. with the Schall Law Firm [1] Group 1 - The lawsuit is focused on allegations of securities fraud involving Stride, Inc. [1] - The Schall Law Firm is representing the investors in this legal action [1] - This situation presents a potential opportunity for LRN investors to take a leading role in the lawsuit [1]
Lawsuit Filed Against Stride, Inc. (LRN) After Shares Plummet Over 51%
Businesswire· 2025-11-12 23:20
Nov 12, 2025 6:20 PM Eastern Standard Time Lawsuit Filed Against Stride, Inc. (LRN) After Shares Plummet Over 51% Share Investors Urged to Contact Award-Winning Firm, Gibbs Mura Then, on November 11, 2025, a class action lawsuit was filed against Stride, Inc., alleging that the company made claims that were materially false and misleading, ultimately causing harm to investors. According to the complaint, Stride represented to investors that it was "one of the nation's most successful technology- based educa ...