Stride Inc. (NYSE: LRN) saw its stock soar 5.05% in intraday trading on Thursday, following the release of its impressive third-quarter 2025 financial results and an analyst price target upgrade. The education technology company's strong performance and positive outlook have boosted investor confidence.

Stride reported robust financial results for Q3 2025, with revenue reaching $613.4 million, up 18% from the same quarter last year and beating analyst estimates by 3.9%. The company's net income surged 43% to $99.3 million, while earnings per share (EPS) increased to $2.31 from $1.63 in Q3 2024. Notably, Stride's profit margin expanded to 16%, up from 13% in the previous year, driven by higher revenue.

Adding to the positive sentiment, BMO Capital Markets raised its price target for Stride from $139 to $161, reflecting growing confidence in the company's future prospects. This upgrade, combined with the strong quarterly results, has likely contributed to the significant stock price increase. As Stride continues to outperform in the education technology sector, investors appear optimistic about its growth trajectory, especially considering the forecast of 8.9% annual revenue growth over the next three years.