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New Oriental Education & Technology Group (EDU) Stock Forecast, Price Target & Predictions

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EDU Stock Forecast

New Oriental Education & Technology Group stock forecast is as follows: an average price target of $67.78 (represents a 23.12% upside from EDU’s last price of $55.05) 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 $67.78 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 23.12% upside from EDU's last price of $55.05.

EDU Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Eddy WangMorgan Stanley$83.00$69.6519.17%50.77%
Mar 25, 2024Felix LiuUBS$119.50$90.8031.61%117.08%
Jul 29, 2022Lucy YuNew Street$36.60$26.8036.57%-33.51%
Jun 17, 2022-Citigroup$32.00$22.0245.32%-41.87%
May 02, 2022-New Street$14.00$12.5511.55%-74.57%
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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 50.77% increase from EDU last price ($55.05).

New Oriental Education & Technology Group Price Target by Period

1M3M12M
# Anlaysts112
Avg Price Target$83.00$83.00$101.25
Last Closing Price$55.05$55.05$55.05
Upside/Downside50.77%50.77%83.92%

In the current month, the average price target of New Oriental Education & Technology Group stock is $83.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 50.77% increase as opposed to New Oriental Education & Technology Group's last price of $55.05. This month's average price target is down 0.00% compared to last quarter, and down -18.02% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024Morgan StanleyOverweightOverweightHold
Apr 25, 2024CitigroupBuyBuyHold
Mar 28, 2024Morgan StanleyOverweightOverweightHold
Mar 25, 2024UBSBuyBuyHold
Oct 27, 2022CLSA-BuyUpgrade
Jul 29, 2022New Street-BuyUpgrade
Jul 29, 2022Bank of America Securities-BuyUpgrade
Jul 28, 2022Macquarie-OutperformUpgrade
Jun 17, 2022CitigroupBuyBuyHold
Jun 06, 2022UBS-BuyUpgrade
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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 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20Mar 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$614.16M$689.08M$517.38M$319.22M$595.89M$1.07B$1.13B$1.14B$885.88M$952.58M$796.63M$924.94M
High Forecast$2.03B$2.11B$1.55B$2.19B$1.67B$1.73B$1.26B$1.83B$1.42B$1.38B$1.06B$1.45B$1.14B$1.09B$830.69M$1.02B$875.37M$766.19M$657.64M$689.08M$517.38M$319.22M$595.89M$1.07B$1.13B$1.14B$885.88M$952.58M$796.63M$924.94M
Low Forecast$1.75B$1.82B$1.34B$1.89B$1.44B$1.49B$1.08B$1.58B$1.22B$1.20B$987.11M$1.45B$1.14B$1.09B$808.51M$1.00B$755.35M$661.14M$567.47M$689.08M$517.38M$319.22M$595.89M$1.07B$1.13B$1.14B$885.88M$952.58M$796.63M$924.94M
# Analysts222222111442112634222244433595
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 2 analysts is $614.16M, with a low forecast of $567.47M, and a high forecast of $657.64M. 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 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20Mar 20
# Analysts222222111442112634222244433595
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$101.73M$105.65M$77.57M$109.64M$83.67M$86.44M$62.88M$91.74M$70.89M$69.00M$53.07M$72.43M$56.97M$199.08M$41.62M$51.14M$43.85M$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$87.78M$91.16M$66.93M$94.61M$72.19M$74.59M$54.26M$79.16M$61.17M$60.08M$49.45M$72.42M$56.97M$132.72M$40.51M$50.19M$37.84M$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%-

2 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 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20Mar 20
# Analysts222222111442112634222244433595
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--------$63.29M$157.74M$57.46M$249.43M$81.35M$151.92M$47.10M$133.52M$88.24M$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--------$52.23M$130.17M$47.42M$236.83M$67.13M$101.28M$38.87M$128.64M$72.82M$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 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20Mar 20
# Analysts222222111442112634222244433595
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$1.05B$1.09B$803.41M$1.14B$866.60M$895.36M$651.31M$950.26M$734.26M$714.72M$549.69M$750.17M$590.04M$551.70M$431.06M$529.75M$454.24M$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$909.25M$944.26M$693.25M$979.96M$747.78M$772.60M$562.01M$819.97M$633.59M$622.34M$512.23M$750.17M$590.04M$367.80M$419.55M$519.85M$391.96M$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 2 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 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20Mar 20
# Analysts222222111442112634222244433595
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$0.04$0.16$-0.21$-1.10$-1.49$-0.52$0.25$0.63$0.26$0.96$0.27$0.75
High Forecast--------$0.38$0.95$0.35$1.50$0.49$0.80$0.28$0.80$0.53$0.14$0.04$0.16$-0.21$-1.10$-1.49$-0.52$0.25$0.63$0.26$0.96$0.27$0.75
Low Forecast--------$0.31$0.78$0.29$1.43$0.40$0.66$0.23$0.78$0.44$0.11$0.03$0.16$-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 2 Wall Street analysts, New Oriental Education & Technology Group's projected average Quarter EPS for Dec 22 is $0.04, with a low estimate of $0.03 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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CHGGChegg$1.71$30.421678.95%Hold
TWOU2U$1.58$15.36872.15%Hold
COURCoursera$7.08$18.35159.18%Buy
VSTAVasta Platform$2.46$5.75133.74%Buy
TALTAL Education Group$9.45$21.83131.01%Buy
DAOYoudao$4.95$6.5031.31%Buy
EDUNew Oriental Education & Technology Group$55.05$67.7823.12%Buy
STRAStrategic Education$96.64$115.0019.00%Buy
GOTUGaotu Techedu$2.62$2.9412.21%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 $67.78 with a range of $32 to $119.5, implying a 23.12% from its last price of $55.05. 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 23.12% (from the last price of $55.05 to the average price target of $67.78), up by 117.08% based on the highest stock price target, and down by -41.87% based on the lowest stock price target.

Can New Oriental Education & Technology Group stock reach $80?

EDU's highest twelve months analyst stock price target of $119.5 supports the claim that New Oriental Education & Technology Group can reach $80 in the near future.

What is New Oriental Education & Technology Group's current price target trend?

1 Wall Street analyst forecast a $83 price target for New Oriental Education & Technology Group (EDU) this month, up 50.77% from its last price of $55.05. Compared to the last 3 and 12 months, the average price target increased by 50.77% and increased by 83.92%, respectively.

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 $6.05B (high $6.48B, low $5.59B), average EBITDA is $303.26M (high $324.73M, low $280.21M), average net income is $0 (high $0, low $0), average SG&A $3.14B (high $3.36B, low $2.9B), 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 $7.36B (high $7.88B, low $6.8B), average EBITDA is $368.5M (high $394.59M, low $340.49M), average net income is $0 (high $0, low $0), average SG&A $3.82B (high $4.09B, low $3.53B), 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 $205.52M by -570.79%. 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, beating the average analysts' forecast of $689.08M by 8.09%. The company's EBITDA was $78.31M, beating the average prediction of $21.58M by 262.89%. New Oriental Education & Technology Group's net income was $66M, beating the average estimation of $26.74M by 146.82%. The company's SG&A was $354.77M, missing the average forecast of $357.57M by -0.78%. Lastly, the company's EPS was $0.4, beating the average prediction of $0.16 by 150.00%