Instructure Holdings, Inc. (INST)

NYSE: INST · IEX Real-Time Price · USD
19.22
+0.02 (0.10%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.10%
Market Cap 2.79B
Revenue (ttm) 530.21M
Net Income (ttm) -34.08M
Shares Out 145.21M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 25.28
Dividend n/a
Ex-Dividend Date n/a
Volume 187,655
Open 19.20
Previous Close 19.20
Day's Range 18.98 - 19.37
52-Week Range 18.98 - 28.50
Beta 0.48
Analysts Strong Buy
Price Target 31.00 (+61.29%)
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]

Sector Technology
IPO Date Jul 22, 2021
Employees 1,496
Stock Exchange NYSE
Ticker Symbol INST
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for INST stock is "Strong Buy." The 12-month stock price forecast is $31.0, which is an increase of 61.29% from the latest price.

Price Target
$31.0
(61.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 days ago - PRNewsWire

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...

8 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

Alabama Community College System Selects the Instructure Learning Platform to Extend Access to Underserved Communities

All 24 ACCS institutions will increase educator efficiency, student accessibility through statewide Canvas, Studio, Impact implementation SALT LAKE CITY , Aug. 30, 2023 /PRNewswire/ -- Instructure , t...

8 months ago - PRNewsWire

Instructure's Annual State of Assessment Survey Reveals the Importance of Data-Informed Decision Making, Educator Desire for Greater Assessment Literacy

While 81% of educators believe their school or district promotes a strong assessment-focused culture, only 62% would describe themselves as proficient in assessment literacy SALT LAKE CITY , Aug. 9, 2...

9 months ago - PRNewsWire

Instructure Announces Second Quarter 2023 Financial Results

Second Quarter GAAP Revenue of $131.1 Million Grows 14.4% Year Over Year SALT LAKE CITY , July 31, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas ...

9 months ago - PRNewsWire