New Oriental Education & Technology Group Inc. (EDU)
NYSE: EDU · IEX Real-Time Price · USD
80.18
+1.18 (1.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
EDU Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for EDU stock have an average target of 111, with a low estimate of 95 and a high estimate of 127. The average target predicts an increase of 38.44% from the current stock price of 80.18.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 25, 2024.
Analyst Ratings
The average analyst rating for EDU stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $66 → $127 | Strong Buy | Maintains | $66 → $127 | +58.39% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $85 → $95 | Buy | Maintains | $85 → $95 | +18.48% | Mar 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $81 | Buy | Initiates | $81 | +1.02% | Nov 7, 2023 |
| CLSA | CLSA | Buy → Strong Buy Upgrades n/a | Buy → Strong Buy | Upgrades | n/a | n/a | Oct 27, 2022 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $19 → $37 | Hold → Strong Buy | Upgrades | $19 → $37 | -54.35% | Jul 29, 2022 |
Financial Forecast
Revenue This Year
4.35B
from 3.00B
Increased by 45.01%
Revenue Next Year
5.51B
from 4.35B
Increased by 26.75%
EPS This Year
2.64
from 1.00
Increased by 163.88%
EPS Next Year
3.83
from 2.64
Increased by 45.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.6B | 6.1B | 7.6B | 7.2B |
| Avg | 4.3B | 5.5B | 6.7B | 7.0B |
| Low | 4.1B | 4.9B | 5.8B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 52.6% | 39.5% | 38.0% | 8.5% |
| Avg | 45.0% | 26.8% | 21.2% | 4.4% |
| Low | 37.7% | 13.4% | 4.4% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.71 | 4.97 | 6.82 |
| Avg | 2.64 | 3.83 | 5.09 |
| Low | 2.24 | 3.27 | 4.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 271.4% | 88.2% | 78.0% |
| Avg | 163.9% | 45.2% | 33.0% |
| Low | 124.4% | 24.0% | 9.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.