Adtalem Global Education (NYSE:ATGE) Releases Earnings Results, Beats Estimates By $0.24 EPS

Adtalem Global Education (NYSE:ATGE) announced its quarterly earnings data on Wednesday. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.24, FiscalAI reports. The business had revenue of $503.39 million during the quarter, compared to the consensus estimate of $488.72 million. Adtalem Global Education had a return on equity of 20.02% and a net margin of 13.41%.The business’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 earnings per share. Adtalem Global Education updated its FY 2026 guidance to 7.800-8.000 EPS.

Here are the key takeaways from Adtalem Global Education’s conference call:

• The company raised adjusted EPS guidance to 17%–20% ($7.80–$8.00) while maintaining revenue guidance of $1.9B–$1.94B; Q2 revenue was $503M (+12%) and adjusted EPS was $2.43 (+34%).
• Walden reached a record total enrollment of ~52,400 (10th consecutive quarter, +13%), driving strong revenue and margin expansion and supported by new program launches across degree levels.
• Chamberlain enrollment declined 1% and adjusted EBITDA fell 14% as the company invests to fix marketing and funnel conversion gaps, though management reports double‑digit application growth and expects a fall cycle recovery.
• Management deployed $165M to share repurchases this quarter, announced a $750M buyback authorization (≈$728M remaining), and generated strong cash flow (TTM operating cash flow $428M) to fund buybacks, debt reduction, or growth investments.
• The Medical & Veterinary segment showed momentum (revenue +6.9%, adjusted EBITDA +17.6%) with improving USMLE/NAVLE pass rates and leading enrollment indicators, and the company plans to outline capacity expansion and new revenue streams at Investor Day.

Adtalem Global Education Trading Down 2.2%

Shares of ATGE stock traded down $2.38 during trading hours on Friday, reaching $105.41. The company had a trading volume of 100,752 shares, compared to its average volume of 413,794. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.98 and a quick ratio of 0.98. Adtalem Global Education has a 1-year low of $86.26 and a 1-year high of $156.26. The company has a 50 day moving average of $104.38 and a 200 day moving average of $120.03. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 15.46, a P/E/G ratio of 0.99 and a beta of 0.68.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a research note on Friday. Robert W. Baird set a $163.00 target price on Adtalem Global Education in a research report on Friday, October 31st. Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.50.

Adtalem Global Education News Roundup

Here are the key news stories impacting Adtalem Global Education this week:

• Positive Sentiment: Q2 results showed revenue strength and an adjusted‑EPS beat; revenue was ~$503.4M, up ~12.4% year/year — supporting the growth narrative. Read More.
• Positive Sentiment: Management raised FY2026 adjusted EPS guidance to $7.80–$8.00, signaling confidence in continuing profit progress. Read More.
• Positive Sentiment: Analysts offered supportive notes after the print — Barrington Research reaffirmed an “Outperform” rating and a $170 price target. Read More.
• Positive Sentiment: Market commentary highlights ATGE as a value play and notes it has outpaced some sector peers YTD, which may attract value‑oriented buyers. Read More. • Read More.
• Neutral Sentiment: Full earnings/call materials and transcripts are available for investors who want detail — useful for assessing quality of the beat and guide. Read More. • Read More.
• Negative Sentiment: Some outlets flagged mixed bottom‑line metrics and cash flow weakness: one summary noted reported diluted EPS metrics that missed certain estimates and operating cash flow and cash balances declined materially Y/Y — a potential investor concern. Read More.
• Negative Sentiment: Notable insider and institutional selling activity reported (large reductions by several funds and insider sales), which can weigh on sentiment even after a beat. Read More.

Insider Activity

In other Adtalem Global Education news, Director Kenneth J. Phelan purchased 508 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was purchased at an average cost of $98.29 per share, for a total transaction of $49,931.32. Following the acquisition, the director owned 18,783 shares in the company, valued at approximately $1,846,181.07. The trade was a 2.78% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael W. Malafronte acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was acquired at an average cost of $91.85 per share, for a total transaction of $91,850.00. Following the completion of the purchase, the director directly owned 100,445 shares in the company, valued at $9,225,873.25. This trade represents a 1.01% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Adtalem Global Education

A number of large investors have recently bought and sold shares of ATGE. Lido Advisors LLC lifted its position in shares of Adtalem Global Education by 5.8% during the 3rd quarter. Lido Advisors LLC now owns 2,170 shares of the company’s stock valued at $335,000 after buying an additional 119 shares during the last quarter. Evergreen Capital Management LLC lifted its stake in shares of Adtalem Global Education by 8.9% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,007 shares of the company’s stock valued at $383,000 after purchasing an additional 247 shares during the period. Cerity Partners LLC boosted its position in shares of Adtalem Global Education by 3.6% during the second quarter. Cerity Partners LLC now owns 7,258 shares of the company’s stock valued at $923,000 after purchasing an additional 254 shares in the last quarter. AXA S.A. raised its holdings in Adtalem Global Education by 0.5% in the second quarter. AXA S.A. now owns 56,549 shares of the company’s stock worth $7,195,000 after purchasing an additional 258 shares in the last quarter. Finally, Triumph Capital Management lifted its position in Adtalem Global Education by 9.1% during the third quarter. Triumph Capital Management now owns 3,212 shares of the company’s stock valued at $496,000 after buying an additional 268 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

About Adtalem Global Education

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.