B. Riley Securities Maintains Buy on Phoenix Education, Lowers Price Target to $51
B. Riley Securities analyst Griffin Boss maintains Phoenix Education (NYSE:PXED) with a Buy and lowers the price target from $54 to $51.
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Phoenix Education Partners (NYSE: PXED) to report Q3 earnings on July 14. Analysts expect $1.32 EPS on $271.25M revenue. Stock rose 4.4% on Wednesday.
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B. Riley Securities analyst Griffin Boss maintains Phoenix Education (NYSE:PXED) with a Buy and lowers the price target from $54 to $51.
Phoenix Education Partners (PXED) stock plummeted nearly 13% after reporting disappointing Q3 fiscal 2026 earnings. While net revenue of $272 million met expectations, the company missed on profitability with adjusted earnings of $1.43 per share versus analyst estimates of $1.57. Student enrollment growth remained flat, and rising advertising and restructuring costs pressured margins.
BMO Capital analyst Jeffrey Silber maintains Phoenix Education (NYSE:PXED) with a Outperform and lowers the price target from $39 to $36.
US stock futures mostly higher, Nasdaq up by 100 points. Phoenix Education falls after cutting sales guidance. Other stocks also down in pre-market.