Stride (LRN) Stock Is Facing Heavy Selling Pressure: What's Happening?

Stride Inc (NYSE:LRN) shares are trading lower Wednesday after the company issued second-quarter revenue guidance below analyst expectations.

• LRN stock is testing lower boundaries. See the full story here.

What Happened: Stride announced financial results for the first quarter of fiscal 2026 that topped expectations, but weaker guidance is weighing on shares on Wednesday.

Stride guided for second-quarter fiscal 2026 revenue between $620 million and $640 million, versus analyst estimates of $647.76 million. The company also issued full-year fiscal 2026 revenue guidance of $2.48 billion to $2.56 billion, versus the consensus estimate of $2.67 billion.

The disappointing outlook comes after Stride reported first-quarter revenue of $620.9 million, beating analyst estimates of $613.79 million, according to Benzinga Pro. The company also posted adjusted earnings per share of $1.52, compared to the estimate of $1.13.

Following the report, BMO Capital analyst Jeffrey Silber downgraded Stride from Outperform to Market Perform and lowered the price target from $164 to $108, which appears to be adding to the selling pressure on Wednesday.

LRN Price Action: Stride shares are having a rough day, down 51.12% at $75.04 at the time of publication on Wednesday, according to Benzinga Pro. The stock has traded between $86.97 and $73.81 on Wednesday with 19.6 million shares changing hands. Stride is currently trading about 50% below its 50-day moving average.

How To Buy LRN Stock

Besides going to a brokerage platform to purchase a share — or fractional share — of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Stride's case, it falls under the Consumer Discretionary sector. An ETF focused on that sector typically includes shares of several large, actively traded companies, giving investors a way to tap into broader market trends within that category.

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