Universal Technical Institute, Inc. Advances Successful North Star Strategy, Selects Phoenix for New Concorde Division Facility
Universal Technical Institute (NYSE: UTI) named Phoenix as the site for a new Concorde Career Colleges healthcare facility under its multi-year North Star strategy.
Rhea-AI Summary
Universal Technical Institute (NYSE: UTI) named Phoenix as the site for a new Concorde Career Colleges healthcare facility under its multi-year North Star strategy. The Concorde-Phoenix campus is scheduled to open in 2027 at 8990 W. Glendale Ave., Glendale, and will span about 53,000 square feet to serve more than 620 students in programs including nursing, dental assistant/dental hygiene, medical assistant, physical therapy assistant, pharmacy technician, surgical technology and radiologic technology. The company said Phase II of North Star runs 2026–2029 and includes opening multiple campuses annually and launching roughly 20 new programs each year across UTI and Concorde. The location and programs are subject to state, accreditor and U.S. Department of Education approvals; recruitment will begin after approvals. UTI will report Fiscal Q1 2026 results on Feb 4 at 4:30pm ET.
Positive
- Planned campus size of 53,000 sq ft for comprehensive healthcare training
- Capacity to serve 620+ students in multiple allied-health programs
- Phase II growth plan: opening multiple campuses annually from 2026–2029
- Target to launch ~20 new programs annually across UTI and Concorde
Negative
- Opening and recruitment contingent on state, accreditor and U.S. Department of Education approvals
- Planned expansion may increase near-term operating and capital requirements
Details
News Market Reaction – UTI
In the Jan 27 session, UTI declined 0.79%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Phase II timeline
- 2026–2029
- North Star strategy Phase II campus expansion period
- Campuses per year
- At least 2, up to 5
- Planned annual campus openings across UTI and Concorde
- New programs annually
- Approximately 20
- Planned program launches across UTI and Concorde divisions
- Phoenix opening year
- 2027
- Scheduled opening of Concorde-Phoenix facility
- Facility size
- Approximately 53,000 square feet
- Planned Concorde-Phoenix training facility in Glendale
- Student capacity
- More than 620 students
- Expected capacity for Concorde-Phoenix healthcare programs
- Earnings call date
- February 4, 2026, 4:30 p.m. ET
- Fiscal Q1 2026 earnings call timing
- FY 2025 revenue
- $835.6M
- Fiscal year 2025 results from recent earnings release
Historical Context
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Announcement of fiscal Q1 2026 results conference call and replay details.
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Faculty shared holiday safety tips for home and vehicle maintenance.
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CEO testimony supporting GI Bill modernization for hybrid and flexible programs.
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Hyundai donated 18 IONIQ 5 EVs for integration into EV training courses.
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Reported FY 2025 revenue and earnings growth with 2026 guidance and expansion plans.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
u.s. department of education regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Concorde-Phoenix to offer healthcare programs, including nursing, dental assistant/dental hygiene, medical and physical therapy assistant and allied health.
"The momentum created by the strong execution of our North Star strategy is accelerating as we expand into markets that seek the skilled workers our training programs deliver," said Todd Hitchcock, Chief Operating Officer, Universal Technical Institute, Inc. "
Universal Technical Institute's multi-year North Star strategy of growth, diversification and optimization is now in Phase II, which includes opening multiple campuses annually between 2026 and 2029; launching new programs at existing campus locations; and enhancing its operations to make the most efficient use of resources.
In November, Universal Technical Institute announced plans to open at least two and up to five campuses annually, as well as launch approximately 20 new programs annually, across both the UTI and Concorde divisions. As part of this, the company announced new campuses, including Concorde-Atlanta, Concorde-Houston and UTI-Salt Lake City.
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Scheduled to open in 2027, Concorde-Phoenix will be located at 8990 W. Glendale Ave. in
Universal Technical Institute, Inc. will host its first quarter Fiscal 2026 earnings call on Wednesday, February 4 at 4:30pm Eastern. For more information, visit investor.uti.edu.
About Universal Technical Institute, Inc.
Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider serving students, partners and communities nationwide. The company offers high-quality education and support services for in-demand careers via its two divisions: UTI and Concorde Career Colleges. The UTI division operates 15 campuses located in nine states, with more announced, and offers a wide range of transportation, skilled trades, electrical and energy training programs. Concorde operates across 18 campuses in eight states and online, with more announced, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu; LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges; or X at @news_UTI and @ConcordeCareer.
Media Contacts:
Susan Aspey, Universal Technical Institute, Inc.: saspey@uti.edu
Sharon Rolenc, Concorde Career Colleges: srolenc@uti.edu
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SOURCE Universal Technical Institute, Inc.
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