
LGCY Stock Forecast & Price Target
LGCY Analyst Ratings
Bulls say
Legacy Education Inc. demonstrated significant financial growth, with a 35% year-over-year increase in revenue to $14.0 million, propelled by an uptick in higher-earning programs and a 23% rise in new student enrollments. The company achieved an EBITDA of $2.8 million, surpassing expectations due to improved enrollment, operational efficiencies, and a higher proportion of more profitable programs. Furthermore, the management highlighted a strong pipeline for future mergers and acquisitions, indicating potential expansion beyond California and promising continued growth in upcoming years.
Bears say
Legacy Education Inc. faces significant risks to its business model due to potential declines in student enrollment stemming from issues related to institutional and programmatic accreditation. Regulatory changes, particularly regarding Title IV funding, could further exacerbate financial instability by negatively influencing enrollment figures, revenue generation, and operational costs. Additionally, noncompliance with educational regulatory requirements may lead to severe penalties, loss of financial aid for students, and the potential revocation of the authorization to operate, all of which could detrimentally impact the company’s financial health.
This aggregate rating is based on analysts' research of Legacy Education Inc and is not a guaranteed prediction by Public.com or investment advice.
LGCY Analyst Forecast & Price Prediction
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