Pearson PLC Posts Strong Q3, JPMorgan Raises Price Target to 1,330 GBp

Pearson plc (NYSE:PSO) reported solid Q3 results with underlying group sales rising 4% in the quarter and 2% over the first nine months of the year. Virtual Learning sales surged 17% during the period, supported by a 13% increase in 2025/26 academic year enrollments. JPMorgan analyst Daniel Kerven increased the firm's price target to 1,330 GBp from 1,310 GBp, while maintaining an Overweight rating on the stock.