Lincoln Educational Services Corporation plans to open a new campus in Tempe, Arizona, expanding technical training opportunities in the region.
Quiver AI Summary
Lincoln Educational Services Corporation announced plans to open its first campus in Arizona, located in Tempe, as part of its expansion into the Phoenix metropolitan area. This will be the company's 26th campus, covering approximately 90,000 square feet and offering programs in Automotive Technology, Electrical and Electronic Systems Technology, HVAC, and Welding. The new campus is expected to open in early 2028, pending regulatory approvals. This move aligns with Lincoln's strategic growth plan to address the demand for skilled workers in industries like manufacturing and construction, particularly as the Phoenix area experiences rapid population growth and employer demand for technicians. The campus aims to provide practical, career-focused training to equip students with the skills needed in high-demand trades.
Potential Positives
- Lincoln Educational Services Corporation is expanding its footprint by establishing its first campus in Arizona, specifically in the growing Phoenix metropolitan area, which is expected to attract new students and increase enrollment.
- The new Tempe campus is set to offer specialized programs in high-demand skilled trades, including Automotive Technology, Electrical and Electronic Systems Technology, HVAC, and Welding, positioning Lincoln to meet urgent employer demand in these sectors.
- This expansion aligns with Lincoln's strategic growth plan and reflects a response to positive job growth projections and strong employer demand for skilled technicians in the region.
- The new campus will enhance Lincoln's ability to provide career-focused training, addressing the skills gap in Arizona's fast-growing economy, which is supported by ongoing investments in key industries.
Potential Negatives
- The new campus in Phoenix is projected to open in the first quarter of 2028, which indicates a significant delay before the company can start generating revenue from this location.
- Expansion plans depend on obtaining necessary regulatory approvals and timely build-out, introducing potential risks and uncertainties that could affect the project timeline.
- The press release does not provide information on funding for the new campus, raising concerns about financial sustainability and potential overextension in their expansion efforts.
FAQ
Where will Lincoln Educational Services open its new campus?
Lincoln Educational Services will open its new campus in Tempe, Arizona, part of the Phoenix metropolitan area.
What programs will be offered at the new Tempe campus?
The Tempe campus will offer programs in Automotive Technology, Electrical and Electronic Systems Technology, HVAC, and Welding.
When is the Tempe campus expected to open?
The Tempe campus is projected to open in the first quarter of 2028, pending regulatory approvals and construction.
Why did Lincoln choose the Phoenix area for its expansion?
Lincoln chose the Phoenix area due to its rapid population growth and strong demand for skilled technicians in various industries.
How does Lincoln Educational Services support workforce development?
Lincoln provides hands-on training and industry-informed curriculum to equip graduates with practical skills for high-demand jobs.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LINC Insider Trading Activity
$LINC insiders have traded $LINC stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $LINC stock by insiders over the last 6 months:
- INVESTMENT COMPANY, LLC JUNIPER has made 0 purchases and 8 sales selling 630,345 shares for an estimated $25,070,314.
- BRIAN K MEYERS (CFO and Treasurer) sold 40,070 shares for an estimated $2,002,698
- JAMES J JR BURKE has made 0 purchases and 5 sales selling 40,557 shares for an estimated $1,864,477.
- ALEXANDRA M LUSTER (SVP and General Counsel) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $903,701.
- CHAD D NYCE (EVP & Chief Operating Officer) sold 8,450 shares for an estimated $308,425
- SYLVIA JEAN YOUNG sold 7,959 shares for an estimated $285,011
- KEVIN M CARNEY sold 3,000 shares for an estimated $144,000
- FELECIA J. PRYOR sold 2,000 shares for an estimated $99,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LINC Revenue
$LINC had revenues of $142.6M in Q2 2026. This is an increase of 22.4% from the same period in the prior year.
You can track LINC financials on Quiver Quantitative's LINC stock page.
You can access data on LINC stock through the Quiver Quantitative API.
$LINC Hedge Fund Activity
We have seen 140 institutional investors add shares of $LINC stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALLIANCEBERNSTEIN L.P. added 1,534,396 shares (+5391.4%) to their portfolio in Q2 2026, for an estimated $76,566,360
- DIVISADERO STREET CAPITAL MANAGEMENT, LP removed 825,556 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $41,195,244
- POINT72 ASSET MANAGEMENT, L.P. removed 468,556 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $23,380,944
- PRUDENTIAL FINANCIAL INC added 420,940 shares (+5673.0%) to their portfolio in Q2 2026, for an estimated $21,004,906
- MARSHALL WACE, LLP removed 356,601 shares (-66.8%) from their portfolio in Q2 2026, for an estimated $17,794,389
- QUBE RESEARCH & TECHNOLOGIES LTD added 320,173 shares (+707.1%) to their portfolio in Q2 2026, for an estimated $15,976,632
- JPMORGAN CHASE & CO added 308,949 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,416,555
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.
$LINC Analyst Ratings
Wall Street analysts have issued reports on $LINC 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:
- Lake Street issued a "Buy" rating on 02/24/2026
To track analyst ratings and price targets for $LINC, check out Quiver Quantitative's $LINC forecast page.
$LINC Price Targets
Multiple analysts have issued price targets for $LINC recently. We have seen 4 analysts offer price targets for $LINC in the last 6 months, with a median target of $56.0.
Here are some recent targets:
- Steve Frankel from Rosenblatt set a target price of $60.0 on 06/11/2026
- Raj Sharma from B. Riley Securities set a target price of $56.0 on 05/12/2026
- Alexander Paris from Barrington Research set a target price of $56.0 on 05/12/2026
- Eric Martinuzzi from Lake Street set a target price of $44.0 on 03/20/2026
Full Release
PARSIPPANY, N.J., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a national leader in specialized technical and skilled trades training for 80 years, today announced plans to expand into the Phoenix, Arizona metropolitan area with its first campus in the state, to be located in Tempe. The new campus, which is the Company's 26th campus, will occupy approximately 90,000 square feet in North Tempe, with convenient access to major Phoenix-area freeways and just minutes from Phoenix Sky Harbor International Airport. The campus will initially offer programs in Automotive Technology, Electrical and Electronic Systems Technology (EEST), Heating, Ventilation, and Air Conditioning (HVAC), and Welding, providing students with hands-on, career-focused training that equips them with the practical skills employers seek in high-demand skilled trades.
The Tempe campus is projected to open during the first quarter of 2028, subject to obtaining necessary regulatory approvals and timely build-out. Over the past several years, the Company has opened new campuses in East Point, Georgia and Houston, Texas; expanded existing campuses in the Philadelphia and Nashville markets; and is currently constructing new campuses in Hicksville, New York, Rowlett, Texas, and Suitland, Maryland, which are expected to open in the fourth quarter of 2026, first quarter of 2027, and fourth quarter of 2027, respectively. The nationwide campus expansion reflects continued employer demand for skilled employees and job growth projections and is consistent with the Company's long-term strategic growth plan. Arizona's continued population growth, along with investment in advanced manufacturing, construction, transportation, semiconductor production, and infrastructure, contributed to Lincoln's decision to establish its first Arizona campus in the Phoenix metropolitan area. The Phoenix metropolitan area is one of the nation's fastest-growing regions, with employers across these industries reporting strong demand for skilled technicians. Lincoln's new Tempe campus is designed to help meet that demand by preparing graduates with the practical skills employers seek and expanding access to career-focused technical education in Arizona.
"Establishing our first campus in Arizona allows us to bring the Lincoln Tech name to an entirely new region and meet the strong demand we’re seeing for skilled trades training in the Phoenix market," said Scott Shaw, President and Chief Executive Officer. "This campus reflects our continued commitment to our four in-demand programs of electrical, HVAC, welding and automotive, and positions us to serve the fast-growing Phoenix-Mesa-Chandler economy for years to come."
ABOUT LINCOLN EDUCATIONAL SERVICES CORPORATION
Lincoln Educational Services Corporation is a leading provider of career-focused technical education and skilled trades training, helping address America's growing workforce and skills gap. Lincoln offers career-oriented programs to recent high school graduates and working adults in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. Through hands-on training, industry-experienced instructors, and employer-informed curriculum, Lincoln helps graduates develop the practical skills sought by employers in high-demand industries. Lincoln has provided the workforce with skilled technicians since its inception in 1946 and currently operates 22 campuses in 12 states under the brands Lincoln Technical Institute, Lincoln College of Technology, and Nashville Auto Diesel College.
| CONTACT: |
Lincoln Educational Services Corporation
Brian Meyers, CFO 973-736-9340 |
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EVC Group LLC
Michael Polyviou, [email protected] 732-933-2754 |
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