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PowerSchool (PWSC) Boosts Education Via PowerBuddy AI Solutions

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PowerSchool Holdings, Inc. (PWSC - Free Report) introduced innovative AI solutions aimed at easing teacher workloads and enhancing student learning. These solutions, named PowerBuddy for Learning and PowerBuddy for Assessment, are now accessible to schools and districts.

PowerBuddy, an AI-powered assistant for educators, students, administrators and parents, promises adaptable experiences. It is integrated with Microsoft's Azure OpenAI Services technology across PowerSchool's product range.

Built upon PowerSchool's Responsible AI principles and tested by school districts encompassing more than 1.5 million students, these AI assistants aim to facilitate personalized education like never before.

PowerBuddy Enhances Education Efficiency

Empowering educators with unprecedented efficiency, scalability, and student engagement, PowerBuddy serves as their reliable digital assistant, seamlessly integrated into familiar platforms like Schoology and Performance Matters. This integration streamlines tasks, saving teachers countless hours on assessments and assignments while mitigating burnout and tailoring instruction to individual student needs, marking a significant advancement in education.

PowerBuddy offers distinct advantages for educators through two key products, PowerBuddy for Assessment and PowerBuddy for Learning. The former reduces teachers' burden by swiftly generating effective assessments within PowerSchool Performance Matters, enabling more frequent student mastery checks. This efficiency is further enhanced by contextual alignment to relevant data, including grade level, learning standard, readability and topic, catering to diverse educational needs such as dual language programs and CTE courses.

Meanwhile, PowerBuddy for Learning, integrated into PowerSchool Schoology Learning, simplifies the creation of high-quality assignments and instructional content. The company also plans to introduce a student version for the 2024-2025 school year. Together, these solutions mark a significant step forward in supporting educators and enhancing student learning experiences.

Price Performance

Shares of this cloud-based software provider for K-12 education in North America inched up 3.1% in the past year compared with the Zacks Schools industry’s 38.8% growth. Although it has underperformed the industry in the said period, strategic partnerships and digital innovations are likely to drive the company’s performance in the upcoming periods.
 

Zacks Investment Research
Image Source: Zacks Investment Research

Going forward, the company is optimistic and actively seeking more strategic partnerships and potential acquisitions. Earnings estimates for 2024 have increased in the past 60 days, depicting analysts’ optimism regarding the stock’s growth potential.

Zacks Rank & Key Picks

PowerSchool currently sports a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Zacks Consumer Discretionary sector include:

Trip.com Group Limited (TCOM - Free Report) currently carries a Zacks Rank #1 (Strong Buy). TCOM has a trailing four-quarter earnings surprise of 53.1%, on average. Shares of TCOM have gained 34.6% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for TCOM’s 2024 sales and earnings per share (EPS) indicates a rise of 18.2% and 8%, respectively, from the year-ago levels.

Royal Caribbean Cruises Ltd. (RCL - Free Report) presently sports a Zacks Rank #2 (Buy). RCL has a trailing four-quarter earnings surprise of 26.4% on average. Shares of RCL have surged 101.3% in the past year.

The Zacks Consensus Estimate for RCL’s 2024 sales and EPS indicates a rise of 14.7% and 47.9%, respectively, from the year-ago levels.

Hyatt Hotels Corporation (H - Free Report) presently carries a Zacks Rank #2. It has a trailing four-quarter earnings surprise of 17.8% on average. Shares of H have rallied 34.8% in the past year.

The Zacks Consensus Estimate for H’s 2024 sales and EPS indicates a rise of 3.5% and 27%, respectively, from the year-ago levels.

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