LRN
Stride, Inc.
$82.39
Stable Earnings Power
80%
P/Adj-EPS × Normalized Multiple
Strong
·
Conviction
Undervalued
Trading 41.4% below fair value
You pay
$82.39
Bear
$115.85
Fair
$140.67
Bull
$165.49
Bear
$115.85
+40.6%
$7.14 × 16x P/E
Fair
$140.67
+70.7%
$7.14 × 20x P/E
Bull
$165.49
+100.9%
$7.14 × 23x P/E
Adjust Assumptions
19.7x
7.14$
Key Value Driver
Normalized P/E multiple (20x base case)
Implied Market Multiple
11.5x
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above.
Average Target (17 analysts)
$38.00
Divergence from AlphaVal
270%
Summary
Applying a 20x P/E to adjusted EPS of $7.14, the base-case value is $140.67 per share.
Warnings
Wall Street's average price target is $38.00 (from 17 analysts). Our estimate is 270% above the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples