Is Stride, Inc. overvalued or undervalued?

As of 17 October 2025, Stride, Inc. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 24, an EV to EBITDA of 14.00, and a PEG ratio of 0.40. In comparison to peers, Planet Fitness, Inc. has a significantly higher P/E ratio of 47.24, while H&R Block, Inc. offers a more attractive P/E of 13.76, indicating that Stride, Inc. is positioned in the middle of its competitive landscape.
Despite the fair valuation, Stride, Inc. has demonstrated impressive stock performance, with a 1-year return of 120.76%, significantly outperforming the S&P 500's 14.08% return over the same period. This strong performance suggests that while the stock may be fairly valued now, it has the potential for continued growth in the future.