Grand Canyon Education (NASDAQ:LOPE) Stock Price Target Cut by Truist Financial

Grand Canyon Education (NASDAQ:LOPE) had its price target reduced by Truist Financial from $200.00 to $180.00 in a report released on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial‘s target price suggests a potential upside of 30.94% from the company’s previous close.

Several other analysts have also commented on the stock. Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. BMO Capital Markets cut their price objective on Grand Canyon Education from $185.00 to $182.00 and set an “outperform” rating on the stock in a research report on Monday, October 5th. Barrington Research set a $200.00 target price on Grand Canyon Education in a report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Grand Canyon Education in a research report on Tuesday, September 22nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $187.33.

Grand Canyon Education Stock Down 8.8%

Shares of NASDAQ:LOPE traded down $13.20 on Thursday, hitting $137.47. The company had a trading volume of 123,284 shares, compared to its average volume of 306,360. The firm’s 50-day simple moving average is $153.92 and its two-hundred day simple moving average is $157.18. Grand Canyon Education has a 1 year low of $134.27 and a 1 year high of $182.15. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 0.97 and a beta of 0.66.

Grand Canyon Education (NASDAQ:LOPE) last announced its earnings results on Wednesday, November 4th. The company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. Grand Canyon Education had a net margin of 19.63% and a return on equity of 36.62%. The firm had revenue of $267.35 million for the quarter, compared to analyst estimates of $270.11 million. During the same quarter in the previous year, the firm posted $1.78 EPS. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities research analysts anticipate that Grand Canyon Education will post 10.22 EPS for the current year.

Institutional Trading of Grand Canyon Education

A number of hedge funds have recently modified their holdings of LOPE. BlackRock Inc. bought a new position in shares of Grand Canyon Education in the 2nd quarter worth about $397,654,000. Reinhart Partners LLC. lifted its position in Grand Canyon Education by 22.9% during the 3rd quarter. Reinhart Partners LLC. now owns 1,085,326 shares of the company’s stock valued at $164,525,000 after acquiring an additional 202,399 shares during the period. William Blair Investment Management LLC bought a new stake in Grand Canyon Education during the second quarter worth about $148,667,000. Van Berkom & Associates Inc. grew its stake in shares of Grand Canyon Education by 2.5% in the third quarter. Van Berkom & Associates Inc. now owns 558,645 shares of the company’s stock worth $84,685,000 after acquiring an additional 13,782 shares during the last quarter. Finally, Wasatch Advisors LP increased its position in shares of Grand Canyon Education by 24.0% during the second quarter. Wasatch Advisors LP now owns 391,960 shares of the company’s stock valued at $56,093,000 after acquiring an additional 75,758 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Grand Canyon Education News Roundup

Here are the key news stories impacting Grand Canyon Education this week:

• Positive Sentiment: GCE expects ground-campus enrollment to grow more than 10% in fall 2027, with Common App participation and new college partners contributing to its student pipeline. Article: Grand Canyon Education expects 10%+ ground campus growth
• Neutral Sentiment: Third-quarter EPS was $1.77, essentially in line with the $1.76 consensus estimate, but below $1.78 a year earlier. Revenue rose 2.4% year over year. Article: Grand Canyon Education reports third-quarter 2026 results
• Negative Sentiment: Revenue of $267.35 million missed analysts’ $270.11 million estimate. The shortfall, alongside slightly lower EPS year over year, may be pressuring the stock despite the small EPS beat versus consensus. Article: Grand Canyon Education Q3 earnings meet estimates

About Grand Canyon Education

Grand Canyon Education, Inc (NASDAQ: LOPE) is an education services company that provides technology, operational and support services to colleges and universities. Rather than operating primarily as a traditional university, the company partners with higher education institutions to help them deliver online, hybrid and campus-based academic programs.

Its services include learning technology, digital course development, data analytics, marketing, student enrollment and support, financial aid assistance, faculty support, and other administrative functions.