B. Riley cuts Scholastic stock target from USD 42.00 to USD 35.00

Published on 10/17/2026 at 22:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter revenue fell 4.00 percent to USD 216.80 million. Scholastic stock was USD 37.67 on October 16, 2026, down 2.54 percent on Nasdaq.

Analyst target and valuation

On September 28, 2026, B. Riley Financial lowered its Scholastic target from USD 42.00 to USD 35.00.
Fiscal first-quarter revenue fell 4.00 percent to USD 216.80 million against USD 225.60 million.
Scholastic stock last traded at USD 37.67 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.54 percent on the day.
Scholastic carried a trailing price-to-earnings ratio of 26.91 on October 16, 2026.

SCHL, US8070661058, Illustration mit AI erstellt.

Scholastic Corporation (ISIN US8070661058) is carrying a lower analyst target into the next trading session after MarketBeat reported on September 28, 2026 that B. Riley Financial cut its target from USD 42.00 to USD 35.00. At USD 37.67, the stock stood 7.63 percent above the new target. The Nasdaq last price was USD 37.67 on October 16, 2026 at 4:00 p.m. ET, down 2.54 percent from the USD 38.65 prior close.

Target reset to USD 35.00

The target reduction gives investors a dated valuation marker after Scholastic's fiscal first-quarter report. The distance is calculated against the October 16 Nasdaq price in the same currency, not against the euro quotation used for German trading venues.

The target change was part of a broader analyst picture reported by MarketBeat. The article cited a consensus Hold rating and an average target of USD 35.00, while three analysts carried Hold ratings. That consensus target was 7.07 percent below the October 16 price.

Fiscal first-quarter revenue fell 4.00 percent

Scholastic reported fiscal first-quarter revenue of USD 216.80 million for the three months ended August 31, 2026, down from USD 225.60 million a year earlier, according to the company's Scholastic release dated September 24, 2026. The company reported a USD 92.20 million operating loss, including USD 3.50 million of one-time charges, versus a USD 92.20 million loss in the prior-year quarter.

Segment performance was mixed. Education revenue fell 24.00 percent to USD 30.40 million, while Entertainment revenue rose 48.00 percent to USD 20.10 million. International revenue increased 2.00 percent to USD 60.50 million. Management affirmed fiscal 2027 revenue growth guidance of 2.00 percent to 4.00 percent and adjusted EBITDA guidance of USD 135.00 million to USD 145.00 million in the same release.

Price position on October 16

The October 16 Nasdaq price sat within a USD 26.38 to USD 48.07 52-week range. It was 21.63 percent below the high and 42.80 percent above the low. Trading volume was 358,731 shares against an average volume of 419,643 shares.

Valuation at USD 693.5 million

Scholastic's market capitalization was USD 693.5 million on October 16, 2026, with a trailing price-to-earnings ratio of 26.91. The fiscal first-quarter release also reported USD 110.80 million of free cash use and USD 86.80 million of net debt as of August 31, 2026.

Comparison with peers

Scholastic: minus 2.54 percent, P/E 26.91, market capitalization USD 693.5 million

Stride, Inc. (NYSE, USD): minus 0.95 percent, P/E 11.54, market capitalization USD 3.4 billion

Pearson plc (NYSE, USD): plus 2.13 percent, P/E 27.49, market capitalization USD 11.0 billion

Nasdaq session sets the frame

Scholastic's October 16 session ended with the stock down 2.54 percent on Nasdaq. The combination of a USD 35.00 target, a 26.91 price-to-earnings ratio and sharply seasonal first-quarter losses leaves the next earnings update as the main calendar point for investors.