Barrington Reiterates Outperform on Perdoceo, Keeps $42 Price Target

Perdoceo Education Corporation (NASDAQ:PRDO) is one of the best EdTech Stocks to buy now.

On November 5, 2025, Barrington Research’s Alexander Paris reiterated Outperform on Perdoceo with a $42 price target following the company’s release of Q3 results. Perdoceo Education Corporation (NASDAQ:PRDO) reported Q3 results on November 4.

Revenue rose 24.8% to $211.9 million, with EPS $0.60 GAAP / $0.65 adjusted, and operating income $51.0 million. Management said results ran ahead of expectations because prospective student interest remained strong and retention and engagement stayed high, supported by continued investments in academics, student technology, and support processes.

Mix also shifted: Perdoceo’s December 2024 acquisition of University of St. Augustine for Health Sciences (USAHS) contributed $38.0 million of Q3 revenue and 4,420 enrollments not present a year ago, while CTU grew modestly and AIU System was roughly flat. Total enrollments reached 46,520 (up 15.1%), and the company ended the quarter with $668.6 million in cash and investments after returning $30.3 million via buybacks and dividends.

Perdoceo Education Corporation (NASDAQ:PRDO) provides postsecondary programs through Colorado Technical University, American InterContinental University System, and USAHS, serving career-focused learners across online and hybrid formats.

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Disclosure: None.