In investor day presentation slides, Instructure says it sees “growth across multiple vectors powers $1B ARR exit velocity in 2028” and guides to an organic compound annual growth rate, or CAGR, of 9%-11% from year-end 2023-2028, $1B total GAAP revenue by 2028 and adjusted EBITDA margin that expands to “mid 40s” by 2028.
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- Instructure to host virtual investor day
- Instructure price target lowered to $30 from $33 at Citi
- Instructure price target lowered to $28 from $32 at KeyBanc
- Instructure FY24 revenue $655.0M- $665.0M, consensus $580.04M
- Instructure sees Q1 revenue $153.8M-$154.8M, consensus $140.13M
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