Bank of America bought Perdoceo Education stock as target stood at USD 44.00

Perdoceo Education Corporation (ISIN US71363P1066) was trading at EUR 28.50 at Lang & Schwarz on October 8, 2026 at 12:16 p.m. CEST, down 0.70 percent versus the prior close of EUR 28.70. The latest institutional filing report said Bank of America bought 170,399 shares in the second quarter for USD 5.45 million, while the consensus target stood at USD 44.00.

Institutional buying meets a USD 44.00 target

According to MarketBeat on September 29, 2026, Bank of America owned 0.27 percent of Perdoceo after the purchase. The same report placed institutional ownership at 93.46 percent and described the analyst consensus as Moderate Buy, with a USD 44.00 target.

The target is materially above the euro reference price, but the currencies differ and therefore do not support a direct percentage comparison. For investors, the useful signal is the combination of institutional ownership and a valuation target that remains tied to the company's operating results.

Q2 revenue reached USD 213.36 million

For the quarter ended June 30, 2026, Perdoceo reported revenue of USD 213.36 million and net profit of USD 47.97 million. Markets Insider reported on October 1, 2026 that Barrington analyst Alexander Paris reiterated a Buy rating and set a USD 44.00 price target.

Revenue was up 1.80 percent from USD 209.58 million a year earlier, while net profit rose 16.92 percent from USD 41.03 million. Diluted earnings per share were USD 0.80, compared with USD 0.67 in the year-earlier quarter, a 19.40 percent increase.

Perdoceo's investor-relations profile describes a postsecondary education provider operating online, campus-based and hybrid programs through Colorado Technical University, the American InterContinental University System and the University of St. Augustine for Health Sciences. The company serves working adults across degree, professional development and health sciences programs, giving the earnings comparison a direct link to enrollment and program demand.

Stock remains below its yearly high

Primary-market data place Perdoceo on Nasdaq in U.S. dollars, with a 52-week range of USD 26.66 to USD 38.50 and market capitalization of USD 2.0 billion as of October 7, 2026. The next earnings date is November 9, 2026, according to Yahoo Finance.

That setup leaves the current market signal mixed but measurable: the Lang & Schwarz quote is below the U.S. reference close, while the latest quarterly figures show higher revenue, profit and earnings per share on a year-over-year basis. The next results will test whether that operating progress supports the USD 44.00 analyst target.

EUR 28.50 price sets the daily reference

Perdoceo Education stock was trading at EUR 28.50 at Lang & Schwarz on October 8, 2026 at 12:16 p.m. CEST, down 0.70 percent versus the Lang & Schwarz prior close of EUR 28.70 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Perdoceo Education stock.

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