Scholastic stock gets a USD 71 million publishing deal

Published on 10/05/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scholastic stock was last at USD 36.20 on October 2 after a USD 71 million publishing deal. Fiscal Q1 revenue missed estimates by USD 7.89 million.

SCHL, US8070661058, Illustration mit AI erstellt.

Scholastic Corporation stock (ISIN US8070661058) was last at USD 36.20 on Nasdaq on October 2, 2026, up 0.98 percent from the prior close. The company agreed on September 29, 2026, to acquire Cottage Door Press for USD 71 million, adding early-childhood publishing assets to its portfolio.

USD 71 million deal expands books

According to Scholastic on September 29, 2026, Cottage Door generated USD 45 million in net revenue during the 12 months ended May 31, 2026. The transaction is expected to close by the end of 2026 and will be funded with cash on hand and borrowings under Scholastic's revolving credit facility.

The acquisition adds scale in early-childhood books and novelty formats while Scholastic's fiscal first-quarter results showed pressure in its existing operations. That contrast gives the deal a clear strategic role: management is adding a growth asset while the education business faces weaker demand.

Revenue misses by USD 7.89 million

Scholastic reported fiscal Q1 2027 results for the quarter ended August 31, 2026. Revenue fell to USD 216.8 million from USD 225.6 million in the prior-year period, while the adjusted loss was USD 3.63 per share against a USD 3.42 consensus loss.

The revenue shortfall was USD 7.89 million versus the USD 224.69 million estimate. Scholastic nevertheless affirmed fiscal 2027 guidance for revenue growth of 2 percent to 4 percent and adjusted EBITDA of USD 135 million to USD 145 million, keeping the full-year framework intact after the quarterly miss.

Analysts keep a Hold consensus

According to MarketBeat on September 28, 2026, B. Riley Financial cut its price target from USD 42 to USD 35 and retained a neutral rating. MarketBeat also reported a Hold consensus from three analysts with an average price target of USD 35.

For investors, the key tension is visible in the numbers. Cottage Door's USD 45 million annual revenue creates a tangible addition to the publishing base, while Scholastic's USD 216.8 million quarterly revenue and USD 3.63 adjusted loss per share show why execution and integration matter.

Scholastic stock stays above yearly low

Scholastic stock was last at USD 36.20 on Nasdaq on October 2, 2026, with a session range of USD 35.44 to USD 36.68. Its 52-week range was USD 26.38 to USD 48.07, market capitalization was USD 682.8 million, and volume reached 500,829 shares.