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home / news releases / INST - Instructure: Rating Downgrade On Poor Organic Growth Profile

INST - Instructure: Rating Downgrade On Poor Organic Growth Profile

Instructure Inc.

2024-03-07 10:43:13 ET

Summary

  • Instructure's organic growth appears to be weaker than expected, leading to a downgrade from buy to hold.
  • FY23 financial results were slightly disappointing, with total revenue growth of 8.5% below expectations.
  • The near-term outlook for Instructure is uncertain, with potential execution headwinds and a slowdown in organic growth.

Summary

For further details see:

Instructure: Rating Downgrade On Poor Organic Growth Profile
Stock Information
Company Name: Instructure Inc.
Stock Symbol: INST
Market: NYSE
Website: instructure.com
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