2024-05-14 14:45:17 ET
Summary
- Instructure Holdings, Inc. recently reported Q1 2024 financial results, beating revenue but missing earnings estimates.
- The global e-learning market is projected to have a strong compound annual growth rate of 18.6% from 2023 to 2030.
- Instructure's earnings performance has deteriorated on higher interest expense, and faces longer sales cycles ahead.
- I'm Neutral on Instructure Holdings, Inc. stock for the near term.
Investment Outlook
Instructure Holdings, Inc. ( INST ) recently reported its Q1 2024 financial results, beating revenue but missing earnings estimates....
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Instructure Stock Looks Fully Valued On Slow Sales Cycles (Downgrade)