Perdoceo Education (NASDAQ:PRDO – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.730-0.740 for the period, compared to the consensus earnings per share estimate of 0.740. The company issued revenue guidance of -. Perdoceo Education also updated its FY 2026 guidance to 3.100-3.160 EPS.
Analysts Set New Price Targets
PRDO has been the topic of several research reports. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a report on Friday, May 8th. Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $44.00.
Check Out Our Latest Analysis on PRDO
Perdoceo Education Stock Performance
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.05. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The business had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. Research analysts predict that Perdoceo Education will post 3.11 EPS for the current fiscal year.
Insider Buying and Selling at Perdoceo Education
In related news, Director Kenda B. Gonzales sold 9,308 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the transaction, the director directly owned 48,158 shares of the company’s stock, valued at approximately $1,675,416.82. This trade represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Patrick W. Gross sold 3,647 shares of Perdoceo Education stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.98, for a total transaction of $127,572.06. Following the completion of the sale, the director owned 114,970 shares of the company’s stock, valued at $4,021,650.60. This trade represents a 3.07% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 38,270 shares of company stock worth $1,336,193. Insiders own 1.46% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Marex Group plc bought a new stake in shares of Perdoceo Education during the 4th quarter valued at $257,000. CIBC Bancorp USA Inc. bought a new position in shares of Perdoceo Education in the third quarter worth $247,000. Tower Research Capital LLC TRC raised its stake in Perdoceo Education by 201.6% in the second quarter. Tower Research Capital LLC TRC now owns 7,256 shares of the company’s stock valued at $237,000 after purchasing an additional 4,850 shares in the last quarter. Tidal Investments LLC acquired a new position in Perdoceo Education in the second quarter valued at about $275,000. Finally, Lazard Asset Management LLC lifted its position in Perdoceo Education by 9.1% during the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock worth $237,000 after purchasing an additional 605 shares during the period. 93.46% of the stock is owned by institutional investors.
About Perdoceo Education
Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.
With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.
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