B. Riley Raises American Public Education Price Target to $37, Maintains Buy Rating.

B. Riley analyst Griffin Boss raised the price target on American Public Education (APEI) to $37 from $36 and maintains a Buy rating. The company's strong momentum continued in Q2.

Title: American Public Education Reports Strong Q2 2025 Financial Results

American Public Education, Inc. (Nasdaq: APEI) has released its second-quarter 2025 financial results, demonstrating continued growth and strategic simplification. The company reported a 6.5% year-over-year increase in revenue, reaching $162.8 million [1]. Despite a net loss of $0.3 million, primarily due to the redemption of preferred equity, APEI's adjusted EBITDA rose by 38.2% to $15.1 million [1].

Key highlights include:

- Revenue Growth: Consolidated revenue increased by 6.5% year-over-year to $162.8 million.
- Net Loss: Net loss available to common stockholders was $0.3 million, reflecting a $3.5 million loss on the redemption of preferred equity.
- Adjusted EBITDA: Adjusted EBITDA increased by 38.2% to $15.1 million.
- Simplification Efforts: APEI completed the sale of Graduate School USA and sold two administrative office buildings, further simplifying its operations.

The company also announced updated full-year 2025 guidance:

- Revenue: Resetting full-year revenue estimate to between $650 million and $660 million.
- Net Income: Resetting full-year net income available to common stockholders to a range between $18 and $24 million.
- Adjusted EBITDA: Increasing full-year adjusted EBITDA guidance to a range between $81 million and $88 million.

Analyst Griffin Boss of B. Riley & Co. has raised the price target on APEI to $37 from $36, maintaining a Buy rating. This move reflects the company's strong momentum and positive outlook for the remainder of 2025 [2].

References
[1] https://www.apei.com/news/press-release-details/2025/American-Public-Education-Reports-Second-Quarter-2025-Financial-Results/default.aspx
[2] https://www.briley.com/analyst-reports/