New Oriental Education & Technology Group Inc. (EDU)
NYSE: EDU · Real-Time Price · USD
61.27
+1.23 (2.05%)
At close: Dec 20, 2024, 4:00 PM
61.30
+0.03 (0.05%)
After-hours: Dec 20, 2024, 7:47 PM EST
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 64.03% from the current stock price of 61.27.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '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 | +73.00% | Aug 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $66 → $127 | Strong Buy | Maintains | $66 → $127 | +107.28% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $85 → $95 | Buy | Maintains | $85 → $95 | +55.05% | Mar 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $81 | Buy | Initiates | $81 | +32.20% | 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
5.21B
from 4.31B
Increased by 20.83%
Revenue Next Year
6.32B
from 5.21B
Increased by 21.34%
EPS This Year
3.30
from 1.80
Increased by 83.26%
EPS Next Year
4.35
from 3.30
Increased by 31.96%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.9B | 7.1B | 8.6B | ||
| Avg | 5.2B | 6.3B | 7.5B | ||
| Low | 4.8B | 5.9B | 6.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 36.5% | 35.6% | 35.6% | ||
| Avg | 20.8% | 21.3% | 18.1% | ||
| Low | 11.2% | 12.7% | 7.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.82 | 5.31 | 6.86 |
| Avg | 3.30 | 4.35 | 5.59 |
| Low | 2.83 | 3.81 | 4.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 112.3% | 61.1% | 57.5% |
| Avg | 83.3% | 32.0% | 28.3% |
| Low | 57.3% | 15.4% | -0.9% |
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.