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 $62.70 (represents a 5.08% upside from EDU’s last price of $59.67) 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 $62.70 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $119.50 to $32.00. This represents a potential 5.08% upside from EDU's last price of $59.67.
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 |
|---|---|---|---|---|---|---|
| Mar 25, 2024 | Felix Liu | UBS | $119.50 | $90.80 | 31.61% | 100.27% |
| Jul 29, 2022 | Lucy Yu | New Street | $36.60 | $26.80 | 36.57% | -38.66% |
| Jun 17, 2022 | - | Citigroup | $32.00 | $22.02 | 45.32% | -46.37% |
| May 02, 2022 | - | New Street | $14.00 | $12.55 | 11.55% | -76.54% |
The latest New Oriental Education & Technology Group stock forecast, released on Mar 25, 2024 by Felix Liu from UBS, set a price target of $119.50, which represents a 31.61% increase from the stock price at the time of the forecast ($90.80), and a 100.27% increase from EDU last price ($59.67).
New Oriental Education & Technology Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $119.50 |
| Last Closing Price | $59.67 | $59.67 | $59.67 |
| Upside/Downside | -100.00% | -100.00% | 100.27% |
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 $59.67. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Citigroup on Apr 25, 2024. The company gave EDU a "Buy" 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 | $2.15B | $2.35B | $1.70B | $2.21B | $1.79B | $1.96B | $1.41B | $1.84B | $1.38B | $1.42B | $1.11B | $1.45B | $1.14B | $1.09B | $819.61M | $1.01B | $817.49M | $715.53M | $614.16M | $1.18B | $517.38M | $319.22M | $595.89M | $1.07B | $1.13B | $1.14B | $885.88M | $952.58M | $796.63M | $924.94M |
| High Forecast | $2.28B | $2.49B | $1.80B | $2.34B | $1.90B | $2.08B | $1.50B | $1.95B | $1.47B | $1.51B | $1.18B | $1.49B | $1.20B | $1.16B | $830.69M | $1.02B | $865.76M | $757.78M | $650.42M | $1.42B | $530.50M | $327.32M | $611.01M | $1.10B | $1.15B | $1.17B | $908.35M | $976.74M | $816.84M | $948.41M |
| Low Forecast | $2.08B | $2.28B | $1.64B | $2.14B | $1.73B | $1.90B | $1.37B | $1.79B | $1.34B | $1.38B | $1.08B | $1.40B | $1.10B | $1.06B | $808.51M | $1.00B | $792.12M | $693.33M | $595.10M | $945.82M | $484.95M | $299.21M | $558.54M | $1.00B | $1.05B | $1.07B | $830.35M | $892.87M | $746.69M | $866.97M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 10 | 8 | 18 | 2 | 2 | 4 | 4 | 4 | 3 | 3 | 5 | 9 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | 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 8 analysts is $614.16M, with a low forecast of $595.10M, and a high forecast of $650.42M. EDU's average Quarter revenue forecast represents a -17.54% decrease 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 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 10 | 8 | 18 | 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 | $53.47M | $58.59M | $42.20M | $55.03M | $44.56M | $48.83M | $35.17M | $45.86M | $34.45M | $35.40M | $27.72M | $35.98M | $28.30M | $165.90M | $20.40M | $25.15M | $20.35M | $150.82M | $15.29M | $335.54M | $12.88M | $137.11M | $14.83M | $26.66M | $28.01M | $124.64M | $22.05M | $23.71M | $19.83M | $140.67M |
| High Forecast | $56.62M | $62.05M | $44.70M | $58.28M | $47.19M | $51.71M | $37.25M | $48.56M | $36.48M | $37.49M | $29.36M | $37.01M | $29.97M | $199.08M | $20.67M | $25.41M | $21.55M | $180.98M | $16.19M | $402.65M | $13.20M | $164.53M | $15.21M | $27.34M | $28.72M | $149.57M | $22.61M | $24.31M | $20.33M | $168.81M |
| Low Forecast | $51.81M | $56.77M | $40.89M | $53.32M | $43.17M | $47.31M | $34.08M | $44.43M | $33.38M | $34.30M | $26.86M | $34.95M | $27.42M | $132.72M | $20.12M | $24.93M | $19.71M | $120.66M | $14.81M | $268.43M | $12.07M | $109.69M | $13.90M | $24.99M | $26.25M | $99.72M | $20.67M | $22.22M | $18.58M | $112.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | -8.07% | - | - | 2.98% | -2.67% | - | - | 11.81% | 2.49% | - |
8 analysts predict EDU's average Quarter EBITDA for Dec 22 to be $15.29M, with a high of $16.19M and a low of $14.81M. This is -80.48% 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 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 10 | 8 | 18 | 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 | - | - | - | - | - | - | - | - | $72.59M | $143.56M | $61.09M | $251.73M | $75.04M | $126.60M | $43.45M | $132.87M | $81.40M | $115.09M | $6.13M | $209.34M | $-34.82M | $104.63M | $-248.50M | $-86.41M | $42.14M | $95.12M | $43.06M | $160.49M | $44.60M | $113.31M |
| High Forecast | - | - | - | - | - | - | - | - | $78.16M | $154.58M | $79.05M | $271.05M | $80.80M | $151.92M | $46.79M | $134.51M | $87.65M | $138.11M | $6.60M | $251.21M | $-31.99M | $125.56M | $-228.25M | $-79.36M | $43.53M | $114.14M | $44.48M | $165.79M | $46.07M | $135.97M |
| Low Forecast | - | - | - | - | - | - | - | - | $69.66M | $137.77M | $48.51M | $241.58M | $72.01M | $101.28M | $41.70M | $129.59M | $78.12M | $92.08M | $5.88M | $167.47M | $-35.97M | $83.70M | $-256.69M | $-89.26M | $38.70M | $76.10M | $39.55M | $147.41M | $40.96M | $90.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | 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 $6.13M, with a range of $5.88M to $6.60M. EDU's average Quarter net income forecast represents a -90.72% 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 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 10 | 8 | 18 | 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 | $1.11B | $1.22B | $879.93M | $1.15B | $928.99M | $1.02B | $733.28M | $956.12M | $718.29M | $738.03M | $577.92M | $750.17M | $590.04M | $459.75M | $425.30M | $524.36M | $424.21M | $417.96M | $318.69M | $444.92M | $268.47M | $165.65M | $309.21M | $555.94M | $584.01M | $345.42M | $459.69M | $494.31M | $413.38M | $335.15M |
| High Forecast | $1.18B | $1.29B | $931.89M | $1.22B | $983.85M | $1.08B | $776.57M | $1.01B | $760.70M | $781.61M | $612.05M | $771.60M | $624.88M | $551.70M | $431.06M | $529.75M | $449.25M | $501.55M | $337.51M | $533.91M | $275.29M | $169.85M | $317.06M | $570.04M | $598.83M | $414.50M | $471.36M | $506.85M | $423.87M | $402.18M |
| Low Forecast | $1.08B | $1.18B | $852.63M | $1.11B | $900.17M | $986.44M | $710.53M | $926.45M | $696.00M | $715.13M | $559.99M | $728.74M | $571.73M | $367.80M | $419.55M | $519.85M | $411.04M | $334.36M | $308.81M | $355.94M | $251.65M | $155.27M | $289.83M | $521.09M | $547.40M | $276.33M | $430.88M | $463.32M | $387.47M | $268.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 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 $318.69M, based on 8 Wall Street analysts, with a range of $308.81M to $337.51M. The forecast indicates a -10.17% fall 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 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 10 | 8 | 18 | 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 | - | - | - | - | - | - | - | - | $0.43 | $0.86 | $0.37 | $1.51 | $0.45 | $0.73 | $0.26 | $0.80 | $0.49 | $0.13 | $0.04 | $1.27 | $-0.21 | $-1.10 | $-1.49 | $-0.52 | $0.25 | $0.63 | $0.26 | $0.96 | $0.27 | $0.75 |
| High Forecast | - | - | - | - | - | - | - | - | $0.47 | $0.92 | $0.47 | $1.62 | $0.48 | $0.78 | $0.28 | $0.80 | $0.52 | $0.13 | $0.04 | $1.37 | $-0.19 | $-1.01 | $-1.37 | $-0.47 | $0.26 | $0.65 | $0.27 | $0.99 | $0.28 | $0.78 |
| Low Forecast | - | - | - | - | - | - | - | - | $0.42 | $0.82 | $0.29 | $1.45 | $0.43 | $0.70 | $0.25 | $0.78 | $0.47 | $0.12 | $0.04 | $1.22 | $-0.22 | $-1.14 | $-1.54 | $-0.53 | $0.23 | $0.58 | $0.24 | $0.88 | $0.25 | $0.69 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | 5.04% | - | - | -0.77% | -0.11% | - | - | 0.11% | 0.03% | - |
According to 8 Wall Street analysts, New Oriental Education & Technology Group's projected average Quarter EPS for Dec 22 is $0.04, with a low estimate of $0.04 and a high estimate of $0.04. This represents a -90.83% decrease 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 |
|---|---|---|---|---|---|
| CHGG | Chegg | $1.84 | $31.88 | 1632.61% | Hold |
| TWOU | 2U | $1.58 | $15.36 | 872.15% | Hold |
| TAL | TAL Education Group | $7.43 | $21.83 | 193.81% | Buy |
| COUR | Coursera | $7.91 | $19.17 | 142.35% | Buy |
| VSTA | Vasta Platform | $2.60 | $5.75 | 121.15% | Buy |
| DAO | Youdao | $3.05 | $6.50 | 113.11% | Buy |
| STRA | Strategic Education | $94.13 | $127.50 | 35.45% | Buy |
| GOTU | Gaotu Techedu | $2.69 | $2.94 | 9.29% | Buy |
| EDU | New Oriental Education & Technology Group | $59.67 | $62.70 | 5.08% | Buy |
EDU Forecast FAQ
Is New Oriental Education & Technology Group a good buy?
Yes, according to 7 Wall Street analysts, New Oriental Education & Technology Group (EDU) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 100.00% of EDU's total ratings.
What is EDU's price target?
New Oriental Education & Technology Group (EDU) average price target is $62.7 with a range of $32 to $119.5, implying a 5.08% from its last price of $59.67. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will New Oriental Education & Technology Group stock go up soon?
According to Wall Street analysts' prediction for EDU stock, the company can go up by 5.08% (from the last price of $59.67 to the average price target of $62.7), up by 100.27% based on the highest stock price target, and down by -46.37% based on the lowest stock price target.
Can New Oriental Education & Technology Group stock reach $90?
EDU's highest twelve months analyst stock price target of $119.5 supports the claim that New Oriental Education & Technology Group can reach $90 in the near future.
What are New Oriental Education & Technology Group's analysts' financial forecasts?
New Oriental Education & Technology Group's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $7.01B (high $7.42B, low $6.79B), average EBITDA is $174.41M (high $184.71M, low $169M), average net income is $0 (high $0, low $0), average SG&A $3.64B (high $3.85B, low $3.52B), and average EPS is $0 (high $0, low $0). EDU's analysts financial forecasts for the fiscal year (May 2027) are as follows: average revenue is $8.41B (high $8.91B, low $8.15B), average EBITDA is $209.29M (high $221.65M, low $202.8M), average net income is $0 (high $0, low $0), average SG&A $4.36B (high $4.62B, low $4.23B), and average EPS is $0 (high $0, low $0).
Did the EDU's actual financial results beat the analysts' financial forecasts?
Based on New Oriental Education & Technology Group's last annual report (May 2022), the company's revenue was $3.11B, beating the average analysts forecast of $2.5B by 24.02%. Apple's EBITDA was $-968M, missing the average prediction of $191.48M by -605.32%. The company's net income was $-1.169B, beating the average estimation of $-265M by 340.90%. Apple's SG&A was $2.33B, beating the average forecast of $1.3B by 79.60%. Lastly, the company's EPS was $-6.89, beating the average prediction of $-3.312 by 108.02%. In terms of the last quarterly report (Aug 2022), New Oriental Education & Technology Group's revenue was $744.82M, missing the average analysts' forecast of $1.18B by -37.00%. The company's EBITDA was $78.31M, missing the average prediction of $335.54M by -76.66%. New Oriental Education & Technology Group's net income was $66M, missing the average estimation of $209.34M by -68.47%. The company's SG&A was $354.77M, missing the average forecast of $444.92M by -20.26%. Lastly, the company's EPS was $0.4, missing the average prediction of $1.27 by -68.54%