Grand Canyon Education, Inc. ($LOPE) reported second-quarter 2026 revenue of $264.0 million, up 6.7% from a year earlier, as the company continued to post steady top-line growth. Net income attributable to common shareholders rose 10.4% to $45.9 million, while diluted earnings per share increased 18.2% to $1.75.
The quarter also showed solid operating performance, with operating profit climbing 12.3% to $58.2 million. Cost of sales came in at $129.3 million, and gross profit remained strong at $264.0 million, reflecting the company’s continued ability to convert revenue into earnings.
Cash generation remained a key part of the story, with operating cash flow of $108.6 million during the quarter. Grand Canyon Education also spent $10.7 million on property, plant and equipment, ending the period with $171.1 million in cash and cash equivalents and $274.8 million in total liabilities.
- Revenue: $264.0 million
- Net income: $45.9 million
- Diluted EPS: $1.75
- Operating cash flow: $108.6 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Grand Canyon Education, Inc. Hedge Fund Activity
We have seen 181 institutional investors add shares of Grand Canyon Education, Inc. stock to their portfolio, and 237 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 881,701 shares (+49.0%) to their portfolio in Q1 2026, for an estimated $148,460,814
- REINHART PARTNERS, LLC. added 237,939 shares (+36.9%) to their portfolio in Q2 2026, for an estimated $34,051,450
- MILLENNIUM MANAGEMENT LLC removed 218,217 shares (-83.3%) from their portfolio in Q1 2026, for an estimated $36,743,378
- CAPITAL RESEARCH GLOBAL INVESTORS removed 202,363 shares (-47.4%) from their portfolio in Q1 2026, for an estimated $34,073,881
- ALLIANZ ASSET MANAGEMENT GMBH removed 195,080 shares (-64.9%) from their portfolio in Q1 2026, for an estimated $32,847,570
- PRICE T ROWE ASSOCIATES INC /MD/ removed 191,848 shares (-87.7%) from their portfolio in Q1 2026, for an estimated $32,303,366
- RIVERBRIDGE PARTNERS LLC removed 160,894 shares (-22.5%) from their portfolio in Q2 2026, for an estimated $23,025,540
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Grand Canyon Education, Inc. Analyst Ratings
Wall Street analysts have issued reports on $LOPE in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 06/09/2026
To track analyst ratings and price targets for Grand Canyon Education, Inc., check out Quiver Quantitative's $LOPE forecast page.
Grand Canyon Education, Inc. Price Targets
Multiple analysts have issued price targets for $LOPE recently. We have seen 3 analysts offer price targets for $LOPE in the last 6 months, with a median target of $200.0.
Here are some recent targets:
- Jeffrey Silber from BMO Capital set a target price of $185.0 on 07/06/2026
- Jasper Bibb from Truist Securities set a target price of $200.0 on 06/09/2026
- Alexander Paris from Barrington Research set a target price of $230.0 on 04/16/2026
