Guidance Hike Asserts Why Covista Inc. (CVSA) is One of the Best Defensive Stocks to Buy

Covista Inc. (NYSE:CVSA) is one of the best defensive stocks to buy amid geopolitical tensions. On May 7, Covista Inc. (NYSE:CVSA) raised its revenue and adjusted earnings per share guidance for the year after an impressive third quarter of fiscal 2026.

Guidance Hike Asserts Why Covista Inc. (CVSA) is One of the Best Defensive Stocks to Buy

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Revenue in the quarter was up 4.5% to $487 million, as total student enrollment increased 6.8% to 100,585, marking the 11th straight quarter of growth. Adjusted net income in the quarter totaled $69 million, or $1.98 a share, a drop from $73.3 million, or $1.92 a share, delivered the same quarter last year.

The solid financial results came as Chamberlain University continued to advance its campus expansion strategy. The university opened six new campuses, with two receiving regulatory approval. Walden University, on its part, expanded student programming heading into the 2026 academic year.

Additionally, Covista raised its full-year revenue guidance from between $1,900 million and $1,940 million to between $1,930 million and $1,945 million, representing 8% to 9% growth. Adjusted earnings per share are expected at between $7.95 and $8.15, representing a 19% to 22% year over year growth.

Covista Inc. (NYSE:CVSA) is America’s largest healthcare educator, operating as the parent company of five accredited academic institutions to address the national healthcare workforce shortage.

While we acknowledge the risk and potential of CVSA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CVSA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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