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Enrollment Opens for K12-Powered Virtual Public Schools Serving Students Across Colorado

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Stride (NYSE:LRN) brand K12 opened enrollment for the 2026–2027 school year for three tuition-free, full-time virtual public schools serving Colorado: Colorado Preparatory Academy (K–12), Destinations Career Academy of Colorado (4–12), and Pikes Peak Online School (9–12).

Each school is taught by Colorado-licensed teachers, aligned to state standards, offers CTE pathways, NCAA-approved courses, honors/dual credit options, and statewide in-person activities. Families can apply now via each school’s website or call 866.968.7512.

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Key Figures

Quarterly revenue: $631.3 million Quarterly net income: $99.5 million First-half revenue: $1.25 billion +5 more
8 metrics
Quarterly revenue $631.3 million Quarter ended December 31, 2025
Quarterly net income $99.5 million Quarter ended December 31, 2025
First-half revenue $1.25 billion Six months ended December 31, 2025
First-half net income $168.3 million Six months ended December 31, 2025
Cash & equivalents $497.1 million As of December 31, 2025
Convertible long-term debt $417.2 million As of December 31, 2025
Share repurchase authorization $500 million New stock repurchase program
Shares repurchased 1,272,790 shares During period ended December 31, 2025

Market Reality Check

Price: $86.65 Vol: Volume 1,078,634 is sligh...
normal vol
$86.65 Last Close
Volume Volume 1,078,634 is slightly above the 20-day average of 1,003,492 (relative volume 1.07x). normal
Technical Price 86.65 is trading below the 200-day MA of 115, reflecting a longer-term downtrend before this news.

Peers on Argus

LRN was up 0.78% with modestly above-average volume while key education peers li...

LRN was up 0.78% with modestly above-average volume while key education peers like TAL, LOPE, EDU, ATGE, and GHC each showed single-day gains between 0.83% and 3.38%, but none appeared in the momentum scanner, suggesting stock-specific rather than broad momentum-driven trading.

Historical Context

5 past events · Latest: Mar 03 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 03 State enrollment opening Neutral +0.8% Arizona virtual schools opened 2026–2027 enrollment with tuition-free K–12 programs.
Mar 03 State enrollment opening Neutral +0.8% California K12-powered schools began 2026–2027 enrollment across multiple virtual academies.
Mar 02 State enrollment opening Neutral +1.9% Oklahoma virtual schools opened 2026–2027 enrollment for K–12 and 6–12 students.
Feb 27 State enrollment opening Neutral -1.7% Ohio virtual programs launched 2026–2027 enrollment for grades 9–12 and K–12.
Feb 27 State enrollment opening Neutral -1.7% Missouri K12-powered schools opened tuition-free 2026–2027 virtual K–12 enrollment.
Pattern Detected

Recent K12 enrollment-opening press releases across multiple states have been followed by relatively small, mixed price moves, indicating only modest and inconsistent sensitivity to this type of operational update.

Recent Company History

Over the past week, Stride (LRN) has issued a series of K12-powered enrollment announcements for Ohio, Missouri, Oklahoma, California, and Arizona for the 2026–2027 school year. These highlight tuition-free virtual public schools, state-certified teachers, and options like CTE, dual credit, and NCAA-approved courses. Price reactions ranged from declines of -1.72% (Ohio/Missouri) to gains of 1.9% (Oklahoma) and 0.78% (California/Arizona), framing today’s Colorado enrollment news within an ongoing, multi-state rollout.

Market Pulse Summary

This announcement extends Stride’s K12-powered enrollment rollout to Colorado for the 2026–2027 scho...
Analysis

This announcement extends Stride’s K12-powered enrollment rollout to Colorado for the 2026–2027 school year, adding to recent openings in Ohio, Missouri, Oklahoma, California, and Arizona. It underscores a strategy built on tuition-free virtual public schools, CTE pathways, and NCAA-approved courses. In parallel, recent filings reported quarterly revenue of $631.3 million and a new $500 million buyback, metrics many investors track alongside ongoing geographic expansion.

Key Terms

career and technical education (cte), ncaa-approved courses
2 terms
career and technical education (cte) technical
"Career and technical education (CTE) pathways that allow high school students to explore"
Career and technical education (CTE) are school- and college-based programs that teach practical job skills—like healthcare procedures, manufacturing, IT, or trade work—alongside basic academics so students can enter the workforce or continue training. Investors care because CTE shapes the future labor pool and demand for equipment, software, and services; think of it as a factory line that supplies trained workers and creates predictable markets for related businesses and public funding.
ncaa-approved courses technical
"NCAA-approved courses for student-athletes"
NCAA-approved courses are high school or college classes that meet the academic standards set by the National Collegiate Athletic Association for student-athlete eligibility—essentially certified core subjects like math, English, science and social studies that count toward the NCAA’s requirements. Investors should care because the availability and recognition of these courses affect how many athletes are eligible to compete or enroll, which can influence recruiting pipelines, program competitiveness, and related revenue streams; they act like a certified checklist that determines who can play.

AI-generated analysis. Not financial advice.

Colorado Families Can Enroll in Online Public School Led by State-Certified Teachers

DENVER, CO, March 04, 2026 (GLOBE NEWSWIRE) -- Enrollment is now open for the 2026–2027 school year at the following K12-powered tuition-free virtual public schools serving students across Colorado: 

  • Colorado Preparatory Academy (CPA), serving grades K–12
  • Destinations Career Academy of Colorado (CODCA), serving grades 4–12
  • Pikes Peak Online School (PPOS), an alternative-education school serving grades 9–12 

 Each school is a full-time online public school taught by state-certified teachers and aligned to Colorado academic standards. The schools are powered by K12, a national leader in online public education and provide: 

  • Colorado-licensed teachers delivering live, interactive instruction
  • Career and technical education (CTE) pathways that allow high school students to explore careers, prepare for the workforce, and earn industry-recognized certifications in fields such as business, marketing, criminal justice, hospitality, engineering, IT and construction
  • Advanced coursework, honors, and dual credit options (where available)
  • Credit recovery and alternative-education opportunities for students needing additional support (PPOS)
  • NCAA-approved courses for student-athletes
  • Student clubs, activities, and in-person engagement opportunities statewide 

How to Enroll 

Families can apply now at: 
CPA – https://cpa.k12.com/ 
CODCA – https://codca.k12.com/ 
PPOS – https://ppos.k12.com/ 

Call: 866.968.7512 
Enrollment is open to students statewide. 

Frequently Asked Questions About Online Public School 

  • Is online public school free in Colorado?
    • Yes. Colorado Preparatory Academy, Destinations Career Academy of Colorado, and Pikes Peak Online School are tuition-free virtual public schools serving students across Colorado. 
  • How does online public school work?
    • Students attend a full-time virtual public school taught by Colorado-licensed teachers. Online school students follow a structured academic schedule that includes live instruction, independent coursework, and regular teacher support. 
  • Do online public schools offer career pathways or career training?
    • Yes. Many K12-powered online public schools offer career and technical education (CTE) pathways, career exploration opportunities, industry certifications and apprenticeships. Career pathway availability varies by school and, in Colorado, includes business, marketing, criminal justice, hospitality, engineering, IT and construction. 
  • Are online public schools accredited?
    • CODCA, CPA, and PPOS are public schools authorized in Colorado. Students complete state-aligned coursework and earn a high school diploma recognized by the state of Colorado. 
  • Do parents have to teach their child in online school?
    • Instruction is provided by state-certified teachers. A parent or guardian supports daily learning at home, while teachers deliver lessons, assign work, and assess progress. 
  • How do students socialize in online school?
    • Students can participate in clubs, school activities, and in-person events throughout the year. Students can also join the K12 Zone, a virtual school campus where they can meet friends, play games, join competitions, explore career fairs and attend school assemblies. 
  • When does enrollment open for online public school in Colorado?
    • Enrollment for the 2026–2027 school year at Colorado Preparatory Academy, Destinations Career Academy of Colorado, and Pikes Peak Online School is now open. Families interested in online public school in Colorado can apply at each school’s website listed above. 

About Colorado Preparatory Academy 

Colorado Preparatory Academy (CPA) is a tuition-free, full-time online public school serving students in grades K–12 throughout Colorado. Powered by K12, a Stride, Inc. portfolio brand, CPA provides an engaging online curriculum taught by Colorado-licensed teachers and offers college and career preparation opportunities. Learn more at cpa.k12.com

About Destinations Career Academy of Colorado 

Destinations Career Academy of Colorado (CODCA) is a tuition-free, full-time online public school serving students in grades 4–12 throughout Colorado. Powered by K12, a Stride, Inc. portfolio brand, CODCA combines teacher-led instruction with academic support to help students succeed in a structured online environment. Learn more at codca.k12.com

About Pikes Peak Online School 

Pikes Peak Online School (PPOS) is a tuition-free, full-time online public alternative education school serving students in grades 9–12 throughout Colorado. Powered by K12, a Stride, Inc. portfolio brand, PPOS offers individualized academic pathways and support to help students stay on track toward graduation. Learn more at ppos.k12.com

About K12 

For 25 years, K12 has been a national leader in virtual education, serving more than three million students across the country. K12 provides families with flexible learning options, including online public and private schools, personalized tutoring, and accredited homeschool curriculum. K12 is a portfolio brand of Stride, Inc. 



Cameron Bell | Public Relations Manager 
K12
cbell7@k12.com

FAQ

Is enrollment now open for Colorado Preparatory Academy (LRN) for 2026–2027?

Yes. Enrollment for Colorado Preparatory Academy (LRN) is open for the 2026–2027 school year. According to the company, families can apply now at cpa.k12.com or call 866.968.7512 to enroll students statewide in grades K–12.

What grades does Destinations Career Academy of Colorado (LRN) serve for 2026–2027?

Destinations Career Academy of Colorado (LRN) serves grades 4–12 for the 2026–2027 school year. According to the company, it is a tuition-free, full-time virtual public school with Colorado-licensed teachers and structured online instruction.

What programs and certifications are available at K12-powered Colorado schools (LRN)?

CTE pathways include business, marketing, criminal justice, hospitality, engineering, IT and construction, with industry-recognized certifications. According to the company, availability varies by school and may include apprenticeships and dual-credit options.

Is Pikes Peak Online School (LRN) free and what grades does it cover?

Yes. Pikes Peak Online School (LRN) is tuition-free and serves grades 9–12 as an alternative-education online public school. According to the company, it offers individualized pathways, credit recovery, and support toward graduation.

Do K12-powered Colorado virtual schools (LRN) provide live instruction from certified teachers?

Yes. Students receive live, interactive instruction from Colorado-licensed teachers as part of a structured schedule. According to the company, teachers deliver lessons, assign work, and regularly assess student progress.

How can Colorado families apply to the K12-powered virtual public schools (LRN) for 2026–2027?

Families can apply online now at each school’s website or call 866.968.7512. According to the company, applications are open statewide for Colorado Preparatory Academy, Destinations Career Academy of Colorado, and Pikes Peak Online School.
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