New Oriental Education & Technology Group Inc. (EDU)
NYSE: EDU · IEX Real-Time Price · USD
81.49
-0.68 (-0.83%)
May 20, 2024, 3:11 PM EDT - Market open
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 36.21% from the current stock price of 81.49.
Analyst Consensus: Strong Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 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 | 1 | 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 | +55.85% | Apr 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $85 → $95 | Buy | Maintains | $85 → $95 | +16.58% | Mar 28, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $81 | Buy | Initiates | $81 | -0.60% | 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 | -55.09% | Jul 29, 2022 |
Financial Forecast
Revenue This Year
4.17B
from 3.00B
Increased by 39.14%
Revenue Next Year
5.14B
from 4.17B
Increased by 23.21%
EPS This Year
2.96
from 1.00
Increased by 196.14%
EPS Next Year
4.09
from 2.96
Increased by 38.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.4B | 5.6B | 7.1B | 8.3B |
| Avg | 4.2B | 5.1B | 6.1B | 6.8B |
| Low | 3.9B | 4.6B | 5.1B | 5.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 48.0% | 34.3% | 37.3% | 34.9% |
| Avg | 39.1% | 23.2% | 19.1% | 10.7% |
| Low | 30.9% | 10.1% | -1.4% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.37 | 4.62 | 6.42 |
| Avg | 2.96 | 4.09 | 5.32 |
| Low | 2.52 | 3.45 | 4.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 237.1% | 56.0% | 56.8% |
| Avg | 196.1% | 38.1% | 29.9% |
| Low | 151.9% | 16.4% | 1.5% |
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.