Gaotu Techedu Inc. (GOTU)
NYSE: GOTU · IEX Real-Time Price · USD
5.36
+0.44 (8.94%)
At close: Jul 2, 2024, 4:00 PM
5.37
+0.01 (0.19%)
After-hours: Jul 2, 2024, 7:58 PM EDT

Gaotu Techedu Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Gaotu Techedu stock have an average target of 6.58, with a low estimate of 4.50 and a high estimate of 8.65. The average target predicts an increase of 22.76% from the current stock price of 5.36.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.50 $6.58 $8.65 $8.65
Change -16.04% +22.76% +61.38% +61.38%
* Price targets were last updated on Feb 28, 2024.

Analyst Ratings

The average analyst rating for Gaotu Techedu 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 011111
Hold 000000
Sell 100000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
CLSA
CLSA
Buy
Upgrades
$8.65
Buy Upgrades $8.65 +61.38% Feb 28, 2024
Citigroup
Citigroup
Strong Buy
Upgrades
$2.48$4.5
Strong Buy Upgrades $2.48$4.5 -16.04% Jan 3, 2024
CLSA
CLSA
Sell
Downgrades
$3.32$3.3
Sell Downgrades $3.32$3.3 -38.43% Aug 31, 2023
CLSA
CLSA
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Feb 13, 2023
CLSA
CLSA
Sell
Upgrades
n/a
Sell Upgrades n/a n/a Mar 11, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
4.65B
from 2.96B
Increased by 57.09%
Revenue Next Year
6.71B
from 4.65B
Increased by 44.31%
EPS This Year
-1.37
from -0.03
EPS Next Year
-0.52
from -1.37
Year 20192020202120222023202420252026
Revenue
2.11B7.12B6.56B2.50B2.96B4.65B6.71B9.48B
Revenue Growth
432.30%236.89%-7.90%-61.93%18.52%57.09%44.31%41.24%
EPS
0.90-5.81-12.110.05-0.03-1.37-0.520.62
EPS Growth
--------
Forward PE
-------8.70
No. Analysts -----10108
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.9B 7.5B 11.5B
Avg 4.7B 6.7B 9.5B
Low 4.2B 5.7B 7.3B

Revenue Growth

Revenue Growth 202420252026
High
66.5%
62.3%
71.0%
Avg
57.1%
44.3%
41.2%
Low
40.2%
22.7%
9.2%

EPS Forecast

EPS 202420252026
High -1.06 -0.45 1.14
Avg -1.37 -0.52 0.62
Low -2.09 -0.55 0.17

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
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.