Online Learning Is Booming. That Will Help Boost Pluralsight Stock, Analysts Say.

Some analysts think the skill-learning boom eventually will boost

Pluralsight

(PS), which offers more than 7,000 courses, for a wide range of technology skills that include cloud computing, security, data analysis, and software development.

Farmington, Utah-based Pluralsight was founded in 2004 as a classroom training company that dispatched instructors to offices and conferences. The company has digitized its products, with a focus on corporate IT skill development, not only with online courses but also programs that gauge and analyze the performance of tech workers.

Today, Pluralsight caters to nearly 18,000 corporate clients worldwide, including around 70% of Fortune 500 companies, according to its investor presentation.

Pluralsight made its IPO debut in May 2018. After reaching an all-time high above $37 later that year, the stock declined and remained at about $20 prior to the pandemic. The stock has gained about 20% this year, hitting a 12-month high close of $22.36

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United States Air Force Partners with Pluralsight to Power Digital U Technology Skills Development Program

SILICON SLOPES, Utah, Aug. 19, 2020 (GLOBE NEWSWIRE) — Pluralsight, Inc. (NASDAQ: PS), the enterprise technology skills platform, today announced that it is partnering with the United States Air Force to power its Digital U learning program. The Air Force’s Digital U program is designed to help Airmen across the service develop skills in core technology topics such as software development, artificial intelligence/machine learning, and cybersecurity. Airmen have access to more than 7,000 courses in a variety of technical areas.

“Tomorrow’s battlefield is increasingly dependent on technology, and the Air Force is focusing on investing in our digital Airmen to ensure that they have the ability to build the technical competence needed to complete our mission,” said Lt. Peyton Cleveland, United States Air Force.

With Pluralsight, Air Force Digital U participants have access to more than 7,000 technology courses taught by the top experts in fields such as machine learning

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