Stride Q2 revenue slightly beats estimates

Stride

27/01/2026 21:23

Overview

Education technology firm's fiscal Q2 revenue rose 7.5%, slightly beating analyst expectations

Adjusted EPS for fiscal Q2 beat analyst expectations

Company stabilized core platform issues, with enhancements ongoing

Outlook

Stride forecasts full-year revenue between $2.480 bln and $2.555 bln

Company expects third-quarter revenue between $615 mln and $645 mln

Stride anticipates full-year capital expenditures between $70 mln and $80 mln

Result Drivers

CAREER LEARNING GROWTH -Total Career Learning revenue increased by 24.5% due to a 29.3% rise in Middle-High School segment

PLATFORM STABILIZATION - Core platform issues have stabilized, with enhancements ongoing

INCREASED REVENUE PER ENROLLMENT - Revenue per enrollment rose 1.8%, driven by a 10% increase in Career Learning revenue per enrollment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$631.30 mln
$627.94 mln (4 Analysts)
Q2 Adjusted EPS
Beat
$2.50
$2.08 (4 Analysts)
Q2 EPS
$2.12
Q2 Net Income
$99.50 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"

Wall Street's median 12-month price target for Stride Inc is $125.00, about 74.6% above its January 26 closing price of $71.60

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNXRwMV4

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)