American Public Education, Inc. (APEI) is a leading education service provider, primarily serving the adult education and military and public service communities. The company was established in 1991 with the ambition to educate the nation's armed forces onboard U.S. Navy ships at sea. In the years since, APEI has grown to become a prominent provider of higher learning for working adults in the United States.
APEI is a developer and operator of high-quality online education solutions, and it serves approximately 85,000 adult learners worldwide. It does so through its two reputable subsidiaries, American Public University System (APUS) and Hondros College of Nursing (HCN).
APUS is a fully online institution that offers more than 200 academic degree and certificate programs. It comprises two universities - the American Military University (AMU) and the American Public University (APU). The AMU serves military personnel and veterans, while the APU serves public service professionals and the global public at large. APUS aims to make higher education widely accessible, and it holds an esteemed reputation in providing quality education at a significantly lower cost compared to most universities.
HCN, on the other hand, provides nursing education to a range of students seeking entry-level nursing education from their diploma and associate degree in Nursing (ADN), to individuals wanting degree completion programs like Bachelors of Science in Nursing (BSN) and Master's of Science in Nursing (MSN).
APEI's primary target audience is the large market of 37 million adults in the United States with some college credits but no degree. The company's mission is to provide affordable, quality online education to underserved markets, including military personnel, public service professionals, and workers seeking advancement or development in their career fields.
APEI's contributions to distance and online learning have been substantial and transformative. The American Business Awards have recognized it for three consecutive years for its innovative technology. The company is known not only for equipping students with vital skills for their future careers, but also empowering them with applicable knowledge, making them competitive in the global market.
APEI is a NASDAQ-listed company under the ticker APEI. It continuously strives to uphold its motto, "Educating Those Who Serve", by consistently offering student-focused, affordable, and market-relevant educational programs, embodying its dedication to accessible education for all.
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American Public Education Inc (APEI) reported strong Q3 2026 results, exceeding guidance for revenue, net income, adjusted EBITDA, and diluted EPS, driven by growth in Military Plus and Health Plus registrations. The company raised its full-year 2026 guidance and significantly increased share repurchases. Despite positive performance, APEI faced challenges including a decline in adjusted EBITDA margin, flat Military Plus revenue due to timing shifts, and increased bad debt expense related to Title IV disbursement delays following an institutional combination.
B. Riley Financial raised its price target for American Public Education (NASDAQ:APEI) from $65.00 to $68.00, maintaining a "buy" rating and suggesting a potential upside of nearly 65%. This comes after the company reported strong third-quarter earnings, beating both EPS and revenue estimates, and increased its full-year guidance. Despite a positive analyst sentiment overall, the 2026 EPS outlook is slightly below the analyst consensus.
American Public Education (APEI) reported strong third-quarter results, with earnings of $0.32 per share, surpassing the Zacks Consensus Estimate of $0.26, and revenues of $169.14 million, exceeding expectations by 1.81%. The company has consistently beaten EPS and revenue estimates over the past four quarters, leading to a Zacks Rank #2 (Buy) for the stock. While APEI shares have underperformed the S&P 500 year-to-date, its favorable earnings outlook suggests potential outperformance in the near future.
American Public Education (APEI) is scheduled to release its Q3 2026 earnings after the market closes on Monday, November 9th. Analysts predict EPS of $0.26 and revenue of $165.79 million, with the company's full-year guidance set between $2.48 and $2.79 EPS. Despite a "Moderate Buy" consensus rating and an average price target of $59, APEI shares opened at $40.57, trading below their 50-day and 200-day moving averages.