Instructure Holdings, Inc. (INST)
| Market Cap | 3.17B |
| Revenue (ttm) | 556.82M |
| Net Income (ttm) | -43.35M |
| Shares Out | 145.93M |
| EPS (ttm) | -0.31 |
| PE Ratio | n/a |
| Forward PE | 24.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 287,951 |
| Open | 20.75 |
| Previous Close | 20.27 |
| Day's Range | 20.43 - 22.00 |
| 52-Week Range | 18.98 - 28.50 |
| Beta | 0.52 |
| Analysts | Strong Buy |
| Price Target | 30.00 (+37.49%) |
| Earnings Date | May 8, 2024 |
About INST
Instructure Holdings, Inc. provides cloud-based learning, assessment, development, and engagement systems worldwide. It offers Canvas LMS for content creation, management, and delivery of face-to-face, blended, and online instruction; Canvas Studio, an online video platform that hosts, manages, edits, and delivers video learning experiences; Canvas Catalog, a course catalog and registration system for creating and maintaining a branded marketplace for online course offerings; Canvas Network, an invitation-only offering to host and deliver large... [Read more]
Financial Performance
In 2023, INST's revenue was $530.21 million, an increase of 11.58% compared to the previous year's $475.19 million. Losses were -$34.08 million, -0.48% less than in 2022.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for INST stock is "Strong Buy." The 12-month stock price forecast is $30.0, which is an increase of 37.49% from the latest price.
News
Instructure and Internet2 Create Data Governance Advisory Council to Address Rising Data Management and Archiving Needs of Higher Education Institutions
Group to recommend data retention, security and governance standards and best practices SALT LAKE CITY , May 16, 2024 /PRNewswire/ -- Instructure , the leading learning ecosystem, working with Inter...
Instructure to Present at Upcoming Investor Conferences
SALT LAKE CITY , May 9, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure") today announced that company management will present at the upcoming investor conferences: 19th Ann...
Instructure Reports First Quarter 2024 Financial Results
Total Revenue Grows 20.7% Year-over-Year to $155.5 Million GAAP Net Loss Margin Decreases 440 Basis Points Year-over-Year to (13.6)% Adjusted EBITDA Margin Expands 430 Basis Points Year-over-Year to 4...
Instructure Announces Exclusive Canvas Collaborative Learning Experience Powered by Lucid Software, Leader in Visual Collaboration
Available for teachers and students in Canvas worldwide at no extra cost SALT LAKE CITY , April 11, 2024 /PRNewswire/ -- Instructure , the leading learning ecosystem, today announced an exclusive Canv...
Instructure to Report First Quarter 2024 Earnings Results and Host Conference Call on May 8, 2024
SALT LAKE CITY , April 10, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), today announced that it will release financial results for the first quarter ended March 31, 2024...
Parchment Expands Unified Inbox Partner Program with Xello to Enable More Learners to Securely Share Admissions Documents
Xello Now Connects to Parchment's Largest College Receiving Network in the World SALT LAKE CITY, March 14, 2024 /PRNewswire/ -- Today Parchment, an Instructure company, the industry leader in academic...
PARCHMENT INTRODUCES LEARNER-CENTERED DIPLOMA SOLUTION FOR K-12 SCHOOLS AND DISTRICTS TO MEET THE NEEDS OF A DIGITAL WORLD
Parchment Diploma Services Enhances Student Mobility With Print and Digital High School Diplomas SALT LAKE CITY , Feb. 27, 2024 /PRNewswire/ -- Today Parchment, an Instructure company, the leader in a...
Instructure to Attend Upcoming Investor Conferences
SALT LAKE CITY , Feb. 21, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that company management wil...
Instructure Reports Fourth Quarter and Full Year 2023 Results
Reports Record Full Year Revenues, Adjusted EBITDA, and Adjusted Unlevered Free Cash Flow Expands Scale and Reach of the Instructure Platform by Acquiring Parchment, the World's Leading Credentialing ...
Instructure Completes Acquisition of Parchment, the World's Largest Academic Credential Management Platform and Network
Expands Instructure's market-leading teaching and learning ecosystem by providing learners with a lifelong record of their journey SALT LAKE CITY , Feb. 1, 2024 /PRNewswire/ -- Instructure Holdings, I...
Instructure to Report Fourth Quarter and Fiscal Year 2023 Earnings Results and Host Conference Call on February 20, 2024
SALT LAKE CITY , Jan. 29, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced that it will release financia...
Montana University System Selects the Instructure Learning Platform to Extend Educational Access to Rural Learners Across the State
15 states have now deployed statewide Canvas LMS implementations SALT LAKE CITY , Jan. 17, 2024 /PRNewswire/ -- Instructure , the leading learning ecosystem and maker of Canvas, today announc...
Instructure Names Rachel Orston as Chief Customer Officer to Build on Legacy of Transformative Customer Experience
SALT LAKE CITY , Jan. 10, 2024 /PRNewswire/ -- Instructure , the leading learning platform and maker of Canvas, today announced Rachel Orston as its new Chief Customer Officer. Instructure's CX team l...
Instructure to Host Investor Day in New York City
SALT LAKE CITY , Dec. 5, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that the Company will be hos...
Instructure to Attend Upcoming Investor Conference in New York City
SALT LAKE CITY , Nov. 21, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that CEO Steve Daly and CFO...
Largest Edtech User Group, Instructure's Community, Celebrates 2 Million Member Milestone
Serving visitors from 233 countries and translated into 13 languages, Instructure's Community is a hub for support, learning, sharing and camaraderie for Instructure Learning Platform users worldwide ...
Instructure Announces Third Quarter 2023 Financial Results
Third Quarter GAAP Revenue of $134.9 Million Grows 10.2% Year Over Year SALT LAKE CITY , Oct. 30, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas L...
Instructure Signs Definitive Agreement to Acquire Parchment, the World's Largest Academic Credential Management Platform and Network
Expands Instructure's market-leading teaching and learning platform by providing learners with a lifelong record of their journey SALT LAKE CITY , Oct. 30, 2023 /PRNewswire/ -- Instructure Holdings, I...
Instructure to Announce Third Quarter 2023 Financial Results on October 30, 2023
SALT LAKE CITY , Oct. 10, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced that it will report financial...
Instructure's Annual Higher Education Research Defines Critical Needs for Students' Lifelong Learning Success
Skills-based and lifelong learning options, access to technology, generative AI guidelines and training and mental health support are the top areas shaping the trends and challenges for higher educati...
Instructure Names Peter Walker as Chief Financial Officer; Reiterates Third Quarter and Full Year 2023 Guidance
SALT LAKE CITY , Sept. 28, 2023 /PRNewswire/ -- Instructure (NYSE: INST), the leading learning platform and maker of Canvas, today announced that Peter Walker has been named the company's new chief fi...
Instructure Survey Shows Most Teachers, Students Are Optimistic About AI in the Classroom
While respondents are concerned about cheating, they believe the benefits outweigh the risks SALT LAKE CITY , Sept. 21, 2023 /PRNewswire/ -- Instructure , the leading learning platform and maker of C...
Instructure Announces Exclusive Partnership with K16 Solutions, Bringing Seamless Archiving to All Canvas Users
Canvas Archiving Powered by K16 Solutions helps institutions safeguard student data, save time SALT LAKE CITY , Sept. 21, 2023 /PRNewswire/ -- Instructure , the leading learning platform and maker of...
Instructure Names Melissa Loble as Chief Academic Officer to Ensure Integrity in Academic Experience
New role focuses on the educator experience and amplifying the power of teaching as the company scales for global growth SALT LAKE CITY , Sept. 14, 2023 /PRNewswire/ -- Instructure , the leading lear...
Instructure to Present at Citi 2023 Global Technology and GEMS Conference
SALT LAKE CITY , Aug. 30, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced that members of its managemen...