Stride stock: Stride reports first-quarter results. BMO cuts target for Stride stock to USD 90.00

Published on 10/23/2026 at 03:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stride reported USD 639.4 million revenue for fiscal first quarter 2027. For Stride stock, full-year guidance is USD 2.53 billion to USD 2.61 billion.

Quarterly figures and guidance

Stride reported USD 639.4 million in fiscal first-quarter revenue on October 20, 2026.
Fiscal 2027 revenue guidance spans USD 2.53 billion to USD 2.61 billion.
The next fiscal quarter ends on December 31, 2026.

LRN, US86333M1080, Illustration mit AI erstellt.

Stride (ISIN US86333M1080) reported USD 639.4 million in revenue for the first quarter of fiscal 2027 ended September 30, 2026. The result came with full-year revenue guidance of USD 2.53 billion to USD 2.61 billion, according to Stride on October 20, 2026.

Revenue grew while earnings softened

The quarterly revenue figure rose 3.00 percent from USD 620.9 million a year earlier. GAAP net income, however, fell 5.60 percent to USD 64.9 million, while adjusted earnings per share declined 9.90 percent to USD 1.37 from USD 1.52.

The revenue mix explains the tension in the report. Career Learning revenue increased 9.70 percent to USD 282.8 million, including 12.70 percent growth in middle-to-high-school career revenue. General Education revenue decreased 1.80 percent to USD 356.6 million.

What does guidance imply for demand?

Stride averaged 241,400 enrollments in the fiscal first quarter, down 2.50 percent from 247,700 a year earlier. Revenue per enrollment rose 7.00 percent to USD 2,556, showing that pricing and mix supported sales even as student volume declined. That combination is the key operating issue for the next report.

Three dates frame the reset

On August 4, 2026, Stride reported fiscal 2026 revenue of USD 2.52 billion; on October 5, 2026, BMO Capital Markets cut its target from USD 93 to USD 90; and on October 20, 2026, Stride reported fiscal first-quarter revenue of USD 639.4 million. The October 5 target change is reported by Investing.com.

Dates investors can measure

The second quarter of fiscal 2027 ends on December 31, 2026, while the fiscal year ends on June 30, 2027. Management guides second-quarter revenue to USD 625 million to USD 645 million and adjusted operating income to USD 135 million to USD 145 million, providing two concrete benchmarks for the next update.

NYSE context for Stride

Stride was last quoted at USD 80.68 on the NYSE on October 22, 2026 at 4:00 p.m. EDT. The primary-exchange 52-week range was USD 60.61 to USD 155.06, and the market capitalization was USD 3.4 billion as of October 22, 2026.

The further course of trading is shown by the continuously updated real-time quote of Stride stock.