New Oriental Education & Technology Group Inc. (EDU)
NYSE: EDU · Real-Time Price · USD
62.30
-1.88 (-2.93%)
Oct 29, 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 100.5, with a low estimate of 95 and a high estimate of 106. The average target predicts an increase of 61.32% from the current stock price of 62.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 2, 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $127 → $106 | Strong Buy | Maintains | $127 → $106 | +70.14% | Aug 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $66 → $127 | Strong Buy | Maintains | $66 → $127 | +103.85% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $85 → $95 | Buy | Maintains | $85 → $95 | +52.49% | Mar 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $81 | Buy | Initiates | $81 | +30.02% | Nov 7, 2023 |
| CLSA | CLSA | Buy → Strong Buy Upgrades n/a | Buy → Strong Buy | Upgrades | n/a | n/a | Oct 27, 2022 |
Financial Forecast
Revenue This Year
5.33B
from 4.31B
Increased by 23.47%
Revenue Next Year
6.50B
from 5.33B
Increased by 22.01%
EPS This Year
3.48
from 1.80
Increased by 93.39%
EPS Next Year
4.65
from 3.48
Increased by 33.46%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.9B | 7.7B | 10.1B |
| Avg | 5.3B | 6.5B | 7.8B |
| Low | 4.5B | 5.7B | 6.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 37.5% | 45.4% | 54.9% |
| Avg | 23.5% | 22.0% | 19.5% |
| Low | 5.2% | 6.9% | 4.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.00 | 5.49 | 7.57 |
| Avg | 3.48 | 4.65 | 5.91 |
| Low | 2.94 | 3.82 | 4.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 122.0% | 57.8% | 63.0% |
| Avg | 93.4% | 33.5% | 27.3% |
| Low | 63.3% | 9.8% | -7.2% |
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.