New Oriental Education & Technology Group (EDU) Stock Forecast, Price Target & Predictions
EDU Stock Forecast
New Oriental Education & Technology Group stock forecast is as follows: an average price target of $83.00 (represents a 35.47% upside from EDU’s last price of $61.27) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
EDU Price Target
The average price target for New Oriental Education & Technology Group (EDU) is $83.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $83.00 to $83.00. This represents a potential 35.47% upside from EDU's last price of $61.27.
EDU Analyst Ratings
According to 7 Wall Street analysts, New Oriental Education & Technology Group's rating consensus is 'Buy'. The analyst rating breakdown for EDU stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
New Oriental Education & Technology Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Eddy Wang | Morgan Stanley | $83.00 | $69.65 | 19.17% | 35.47% |
| Mar 25, 2024 | Felix Liu | UBS | $119.50 | $90.80 | 31.61% | 95.04% |
| Jul 29, 2022 | Lucy Yu | New Street | $36.60 | $26.80 | 36.57% | -40.26% |
| Jun 17, 2022 | Citigroup | $32.00 | $22.02 | 45.32% | -47.77% | |
| May 02, 2022 | New Street | $14.00 | $12.55 | 11.55% | -77.15% |
The latest New Oriental Education & Technology Group stock forecast, released on Oct 17, 2024 by Eddy Wang from Morgan Stanley, set a price target of $83.00, which represents a 19.17% increase from the stock price at the time of the forecast ($69.65), and a 35.47% increase from EDU last price ($61.27).
New Oriental Education & Technology Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $83.00 | $101.25 |
| Last Closing Price | $61.27 | $61.27 | $61.27 |
| Upside/Downside | -100.00% | 35.47% | 65.25% |
In the current month, the average price target of New Oriental Education & Technology Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to New Oriental Education & Technology Group's last price of $61.27. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Apr 25, 2024 | Citigroup | Buy | Buy | Hold |
| Mar 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Mar 25, 2024 | UBS | Buy | Buy | Hold |
| Oct 27, 2022 | CLSA | Buy | Upgrade | |
| Jul 29, 2022 | New Street | Buy | Upgrade | |
| Jul 29, 2022 | Bank of America Securities | Buy | Upgrade | |
| Jul 28, 2022 | Macquarie | Outperform | Upgrade | |
| Jun 17, 2022 | Citigroup | Buy | Buy | Hold |
| Jun 06, 2022 | UBS | Buy | Upgrade | |
| Aug 30, 2021 | Morgan Stanley | Overweight | Upgrade |
New Oriental Education & Technology Group's last stock rating was published by Morgan Stanley on Oct 17, 2024. The company gave EDU a "Overweight" rating, the same as its previous rate.
New Oriental Education & Technology Group Financial Forecast
New Oriental Education & Technology Group Revenue Forecast
| May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $744.82M | $524.02M | - | - | $1.31B | $1.21B | - | - | $986.37M | $798.47M | - |
| Avg Forecast | $1.90B | $1.97B | $1.45B | $2.04B | $1.56B | $1.61B | $1.17B | $1.71B | $1.32B | $1.28B | $1.02B | $1.45B | $1.14B | $1.09B | $819.61M | $1.01B | $817.49M | $715.53M | $1.04B | $689.08M | $517.38M | $319.22M | $595.89M | $1.07B | $1.13B | $1.14B | $885.88M | $952.58M | $796.63M | $924.94M |
| High Forecast | $2.06B | $2.14B | $1.57B | $2.22B | $1.69B | $1.75B | $1.27B | $1.85B | $1.43B | $1.38B | $1.06B | $1.45B | $1.14B | $1.09B | $830.69M | $1.02B | $886.39M | $775.84M | $1.25B | $689.08M | $517.38M | $319.22M | $595.89M | $1.07B | $1.13B | $1.14B | $885.88M | $952.58M | $796.63M | $924.94M |
| Low Forecast | $1.76B | $1.83B | $1.34B | $1.90B | $1.45B | $1.50B | $1.09B | $1.59B | $1.23B | $1.20B | $987.11M | $1.45B | $1.14B | $1.09B | $808.51M | $1.00B | $760.07M | $665.27M | $835.59M | $689.08M | $517.38M | $319.22M | $595.89M | $1.07B | $1.13B | $1.14B | $885.88M | $952.58M | $796.63M | $924.94M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 4 | 1 | 1 | 2 | 6 | 3 | 8 | 17 | 2 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.01% | - | - | 1.22% | 1.08% | - | - | 1.04% | 1.00% | - |
New Oriental Education & Technology Group's average Quarter revenue forecast for Dec 22 based on 17 analysts is $1.04B, with a low forecast of $835.59M, and a high forecast of $1.25B. EDU's average Quarter revenue forecast represents a 40.23% increase compared to the company's last Quarter revenue of $744.82M (Aug 22).
New Oriental Education & Technology Group EBITDA Forecast
| May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 4 | 1 | 1 | 2 | 6 | 3 | 8 | 17 | 2 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $78.31M | $-103.97M | - | - | $79.51M | $-74.79M | - | - | $279.94M | $49.38M | - |
| Avg Forecast | $95.00M | $98.66M | $72.44M | $102.39M | $78.13M | $80.73M | $58.72M | $85.68M | $66.20M | $64.31M | $51.09M | $72.42M | $56.97M | $165.90M | $41.06M | $50.62M | $40.95M | $150.82M | $71.44M | $21.58M | $16.20M | $137.11M | $18.66M | $33.55M | $35.24M | $124.64M | $27.74M | $29.83M | $24.95M | $140.67M |
| High Forecast | $103.01M | $106.98M | $78.54M | $111.02M | $84.72M | $87.53M | $63.67M | $92.90M | $71.78M | $69.00M | $53.07M | $72.43M | $56.97M | $199.08M | $41.62M | $51.14M | $44.41M | $180.98M | $85.73M | $21.58M | $16.20M | $164.53M | $18.66M | $33.55M | $35.24M | $149.57M | $27.74M | $29.83M | $24.95M | $168.81M |
| Low Forecast | $88.33M | $91.73M | $67.35M | $95.20M | $72.65M | $75.06M | $54.60M | $79.66M | $61.55M | $60.08M | $49.45M | $72.42M | $56.97M | $132.72M | $40.51M | $50.19M | $38.08M | $120.66M | $57.16M | $21.58M | $16.20M | $109.69M | $18.66M | $33.55M | $35.24M | $99.72M | $27.74M | $29.83M | $24.95M | $112.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.63% | -6.42% | - | - | 2.37% | -2.12% | - | - | 9.38% | 1.98% | - |
17 analysts predict EDU's average Quarter EBITDA for Dec 22 to be $71.44M, with a high of $85.73M and a low of $57.16M. This is -8.76% lower than New Oriental Education & Technology Group's previous annual EBITDA (Aug 22) of $78.31M.
New Oriental Education & Technology Group Net Income Forecast
| May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 4 | 1 | 1 | 2 | 6 | 3 | 8 | 17 | 2 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $66.00M | $-181.34M | - | - | $60.53M | $-45.47M | - | - | $174.65M | $13.19M | - |
| Avg Forecast | - | - | - | - | - | - | - | - | $57.96M | $144.45M | $52.62M | $243.13M | $74.49M | $126.60M | $43.13M | $131.89M | $80.80M | $115.09M | $63.42M | $26.74M | $-34.82M | $104.63M | $-248.50M | $-86.41M | $42.14M | $95.12M | $43.06M | $160.49M | $44.60M | $113.31M |
| High Forecast | - | - | - | - | - | - | - | - | $64.30M | $160.27M | $58.38M | $249.43M | $82.65M | $151.92M | $47.86M | $133.52M | $89.66M | $138.11M | $76.11M | $26.74M | $-34.82M | $125.56M | $-248.50M | $-86.41M | $42.14M | $114.14M | $43.06M | $160.49M | $44.60M | $135.97M |
| Low Forecast | - | - | - | - | - | - | - | - | $52.66M | $131.26M | $47.82M | $236.83M | $67.69M | $101.28M | $39.20M | $128.64M | $73.43M | $92.08M | $50.74M | $26.74M | $-34.82M | $83.70M | $-248.50M | $-86.41M | $42.14M | $76.10M | $43.06M | $160.49M | $44.60M | $90.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.47% | 5.21% | - | - | -0.70% | -1.08% | - | - | 1.09% | 0.30% | - |
New Oriental Education & Technology Group's average Quarter net income forecast for Dec 22 is $63.42M, with a range of $50.74M to $76.11M. EDU's average Quarter net income forecast represents a -3.91% decrease compared to the company's last Quarter net income of $66.00M (Aug 22).
New Oriental Education & Technology Group SG&A Forecast
| May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 4 | 1 | 1 | 2 | 6 | 3 | 8 | 17 | 2 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $354.77M | $381.85M | - | - | $634.34M | $703.71M | - | - | $371.19M | $397.14M | - |
| Avg Forecast | $984.05M | $1.02B | $750.29M | $1.06B | $809.30M | $836.16M | $608.25M | $887.43M | $685.71M | $666.10M | $529.14M | $750.17M | $590.04M | $459.75M | $425.30M | $524.36M | $424.21M | $417.96M | $548.52M | $357.57M | $268.47M | $165.65M | $309.21M | $555.94M | $584.01M | $345.42M | $459.69M | $494.31M | $413.38M | $335.15M |
| High Forecast | $1.07B | $1.11B | $813.52M | $1.15B | $877.51M | $906.64M | $659.51M | $962.22M | $743.51M | $714.72M | $549.69M | $750.17M | $590.04M | $551.70M | $431.06M | $529.75M | $459.96M | $501.55M | $658.22M | $357.57M | $268.47M | $165.65M | $309.21M | $555.94M | $584.01M | $414.50M | $459.69M | $494.31M | $413.38M | $402.18M |
| Low Forecast | $914.93M | $950.16M | $697.59M | $986.09M | $752.45M | $777.43M | $565.52M | $825.10M | $637.55M | $622.34M | $512.23M | $750.17M | $590.04M | $367.80M | $419.55M | $519.85M | $394.41M | $334.36M | $438.81M | $357.57M | $268.47M | $165.65M | $309.21M | $555.94M | $584.01M | $276.33M | $459.69M | $494.31M | $413.38M | $268.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.42% | - | - | 1.14% | 1.20% | - | - | 0.75% | 0.96% | - |
New Oriental Education & Technology Group's average Quarter SG&A projection for Dec 22 is $548.52M, based on 17 Wall Street analysts, with a range of $438.81M to $658.22M. The forecast indicates a 54.61% rise compared to EDU last annual SG&A of $354.77M (Aug 22).
New Oriental Education & Technology Group EPS Forecast
| May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 4 | 1 | 1 | 2 | 6 | 3 | 8 | 17 | 2 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.40 | $-1.05 | - | - | $0.40 | $-0.03 | - | - | $0.11 | $0.01 | - |
| Avg Forecast | - | - | - | - | - | - | - | - | $0.35 | $0.87 | $0.32 | $1.47 | $0.45 | $0.73 | $0.26 | $0.80 | $0.49 | $0.13 | $1.95 | $0.16 | $-0.21 | $-1.10 | $-1.49 | $-0.52 | $0.25 | $0.63 | $0.26 | $0.96 | $0.27 | $0.75 |
| High Forecast | - | - | - | - | - | - | - | - | $0.39 | $0.97 | $0.35 | $1.50 | $0.50 | $0.81 | $0.29 | $0.80 | $0.54 | $0.14 | $2.17 | $0.16 | $-0.21 | $-1.10 | $-1.49 | $-0.52 | $0.25 | $0.63 | $0.26 | $0.96 | $0.27 | $0.75 |
| Low Forecast | - | - | - | - | - | - | - | - | $0.32 | $0.79 | $0.29 | $1.43 | $0.41 | $0.66 | $0.24 | $0.78 | $0.44 | $0.11 | $1.78 | $0.16 | $-0.21 | $-1.10 | $-1.49 | $-0.52 | $0.25 | $0.63 | $0.26 | $0.96 | $0.27 | $0.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.50% | 5.04% | - | - | -0.77% | -0.11% | - | - | 0.11% | 0.03% | - |
According to 17 Wall Street analysts, New Oriental Education & Technology Group's projected average Quarter EPS for Dec 22 is $1.95, with a low estimate of $1.78 and a high estimate of $2.17. This represents a 388.48% increase compared to EDU previous annual EPS of $0.40 (Aug 22).
New Oriental Education & Technology Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VSTA | Vasta Platform | $1.87 | $5.75 | 207.49% | Buy |
| COUR | Coursera | $8.85 | $16.50 | 86.44% | Buy |
| EDU | New Oriental Education & Technology Group | $59.32 | $83.00 | 39.92% | Buy |
| CHGG | Chegg | $2.19 | $3.05 | 39.27% | Hold |
| TAL | TAL Education Group | $9.91 | $13.40 | 35.22% | Buy |
| GOTU | Gaotu Techedu | $2.44 | $2.94 | 20.49% | Buy |
| STRA | Strategic Education | $99.76 | $115.00 | 15.28% | Buy |
| DAO | Youdao | $7.62 | $6.50 | -14.70% | Buy |