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Stride, Inc. (LRN)

Consumer Defensive | Education & Training Services | Reston, United States | NYSE
86.84 USD +1.54 (1.805%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 87.00 +0.16 (0.184%) ⇧ (Aug. 28, 2026, 7:49 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★★⯪Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:06 a.m. EDT

The investment case here is a classic turnaround story with a massive disconnect between the current price and the company's operational reality. Fundamentally, Stride is an exceptional asset: it boasts a fortress balance sheet with a current ratio near 6x, generates robust free cash flow, and has delivered a staggering 1,300% cumulative return over the last nine years driven by explosive growth. Despite a recent dip in revenue growth (-2.7%), earnings are surging (+69.6%), and the stock trades at a discount to peers despite record guidance. The market appears to be punishing the stock for past volatility or a specific Q3 miss, creating a compelling entry point for a long-term holder. However, the short-term outlook is murky. The statistical forecast model shows a weak bearish lean, and the options chain reveals a crowded trade where speculators are buying deep out-of-the-money calls while hedging with significant put volume, implying they expect a violent, volatile swing rather than a smooth recovery. For investors with a multi-year horizon, the fundamentals are unambiguously excellent, justifying a high conviction buy, but those looking for a quick trade face a minefield of conflicting signals and elevated implied volatility.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.079829
AutoETS0.092969
AutoARIMA0.092971
MSTL0.094238

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 1.44
Ljung-Box p 0.000
Jarque-Bera p 0.177
Excess Kurtosis -0.95
Attribute Value
Sector Consumer Defensive
Debt to Equity Ratio 33.448
Revenue per Share 58.948
Market Cap 3,609,056,768
Trailing P/E 11.94
Forward P/E 9.36
Beta 0.10
Profit Margins 13.43%
Previous Name K12 Inc.
Website https://stridelearning.com

As of Aug. 22, 2026, 5:06 a.m. EDT: Speculators are positioning for significant volatility and a potential downside gap. While there is heavy open interest in out-of-the-money calls (up to $135-$170 strikes) suggesting a bullish thesis on the turnaround, the put volume and open interest are disproportionately concentrated in the immediate term (Sept 2026) and deep out-of-the-money strikes ($135+ for Jan 2028). This 'long gamma' structure with heavy tail risk suggests traders expect a sharp, volatile move rather than a steady grind higher, potentially betting on a failed earnings reaction or a gap down to test support.


Info Dump

Attribute Value
52 Week Change -0.47264296
Address1 11,720 Plaza America Drive
Address2 9th Floor
All Time High 171.17
All Time Low 7.11
Ask 87.5
Ask Size 300
Audit Risk 3
Average Daily Volume10 Day 551,890
Average Daily Volume3 Month 931,869
Average Volume 931,869
Average Volume10Days 551,890
Beta 0.101
Bid 84.29
Bid Size 400
Board Risk 4
Book Value 39.739
City Reston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 86.84
Current Ratio 5.941
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 86.925
Day Low 85.4206
Debt To Equity 33.448
Display Name Stride
Earnings Call Timestamp End 1,785,877,200
Earnings Call Timestamp Start 1,785,877,200
Earnings Growth 0.696
Earnings Quarterly Growth 0.586
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,131,200
Earnings Timestamp Start 1,793,131,200
Ebitda 510,228,992
Ebitda Margins 0.20263
Enterprise To Ebitda 6.198
Enterprise To Revenue 1.256
Enterprise Value 3,162,196,992
Eps Current Year 8.72667
Eps Forward 9.27667
Eps Trailing Twelve Months 7.27
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 85.5602
Fifty Day Average Change 1.2797928
Fifty Day Average Change Percent 0.014957804
Fifty Two Week Change Percent -47.264297
Fifty Two Week High 166.93
Fifty Two Week High Change -80.09
Fifty Two Week High Change Percent -0.47978196
Fifty Two Week Low 60.61
Fifty Two Week Low Change 26.229996
Fifty Two Week Low Change Percent 0.4327668
Fifty Two Week Range 60.61 - 166.93
Financial Currency USD
First Trade Date Milliseconds 1,197,556,200,000
Float Shares 39,654,298
Forward Eps 9.27667
Forward P E 9.361116
Free Cashflow 224,867,120
Full Exchange Name NYSE
Full Time Employees 9,200
Fullday Change 1.53999
Fullday Change Percent 1.80538
Fullday Price 87.0
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.37750998
Gross Profits 950,600,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03757
Held Percent Institutions 1.16178
Implied Shares Outstanding 41,559,845
Industry Education & Training Services
Industry Disp Education & Training Services
Industry Key education-training-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,782,777,600
Long Business Summary Stride, Inc., a technology company, provides an educational platform to deliver proprietary and third-party curriculum, software systems, and educational services in the United States. The company offers online coursework and content in software engineering, healthcare, and medical fields, as well as state customized versions of those courses, electives, and instructional supports; end-to-end platform includes single sign-on capability for content management, learning management, student information, data reporting and analytics, and various support systems that provides an educational experience for students; and stand-alone products and services which can provide curriculum and content hosting on customers' learning management systems, or integration with customers' student information systems. It also provides instructional services that includes customer support for instructional teams comprising recruitment of state-certified teachers, training in research-based online instruction methods and Stride systems, oversight and evaluation services, and ongoing professional development; training options, such as hands-on training, on-demand courses, and support materials. In addition, the company offers support services, including marketing and enrollment, supporting prospective students through the admission process, assessment management, administrative support, technology, and materials support services. The company provides its products and services through virtual schools, traditional school districts, and consumer. It serves public and private schools, school districts, and charter boards, as well as employers, government agencies, and consumers. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. The company was incorporated in 1999 and is headquartered in Reston, Virginia.
Long Name Stride, Inc.
Market us_market
Market Cap 3,609,056,768
Market State CLOSED
Max Age 86,400
Message Board Id finmb_4973712
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common 338,192,000
Next Fiscal Year End 1,814,313,600
Non Diluted Market Cap 3,545,054,778
Number Of Analyst Opinions 2
Open 85.46
Operating Cashflow 433,814,016
Operating Margins 0.15981
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 0.5
Phone 703 483 7000
Post Market Change 0.16000366
Post Market Change Percent 0.18425111
Post Market Price 87.0
Post Market Time 1,787,960,944
Prev Name K12 Inc.
Previous Close 85.3
Price Eps Current Year 9.951103
Price Hint 2
Price To Book 2.1852589
Price To Sales Trailing12 Months 1.4332569
Profit Margins 0.13430999
Quick Ratio 5.618
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 1.53999
Regular Market Change Percent 1.80538
Regular Market Day High 86.925
Regular Market Day Low 85.4206
Regular Market Day Range 85.4206 - 86.925
Regular Market Open 85.46
Regular Market Previous Close 85.3
Regular Market Price 86.84
Regular Market Time 1,787,947,202
Regular Market Volume 361,452
Return On Assets 0.11914
Return On Equity 0.21735
Revenue Growth -0.027
Revenue Per Share 58.948
Sand P52 Week Change 0.20504117
Sector Consumer Defensive
Sector Disp Consumer Defensive
Sector Key consumer-defensive
Share Holder Rights Risk 7
Shares Outstanding 41,559,845
Shares Percent Shares Out 0.18110001
Shares Short 7,527,043
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 6,741,548
Short Name Stride, Inc.
Short Percent Of Float 0.2597
Short Ratio 6.43
Source Interval 15
State VA
Symbol LRN
Target High Price 125.0
Target Low Price 93.0
Target Mean Price 109.0
Target Median Price 109.0
Total Cash 958,000,000
Total Cash Per Share 23.276
Total Debt 545,980,032
Total Revenue 2,518,081,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 7.27
Trailing P E 11.944979
Trailing Peg Ratio 0.4982
Triggerable 1
Two Hundred Day Average 82.39045
Two Hundred Day Average Change 4.449547
Two Hundred Day Average Change Percent 0.054005615
Type Disp Equity
Volume 361,452
Website https://stridelearning.com
Zip 20,190