New Oriental Education & Technology Group, Inc. (NYSE:EDU) Receives $56.87 Consensus Price Target from Analysts

Shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU) have been assigned a consensus rating of “Hold” from the ten ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $56.8667.

Several research firms have recently commented on EDU. Citigroup reduced their price target on New Oriental Education & Technology Group from $77.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. HSBC lowered New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of New Oriental Education & Technology Group in a research note on Saturday. Hsbc Global Res raised shares of New Oriental Education & Technology Group to a “hold” rating in a research report on Wednesday, July 30th. Finally, Bank of America lifted their price target on shares of New Oriental Education & Technology Group from $56.20 to $58.20 and gave the company a “buy” rating in a research report on Monday, September 29th.

Institutional Trading of New Oriental Education & Technology Group

Institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new stake in New Oriental Education & Technology Group in the 1st quarter valued at about $448,000. Robeco Institutional Asset Management B.V. lifted its position in New Oriental Education & Technology Group by 7.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 32,397 shares of the company’s stock valued at $1,549,000 after buying an additional 2,239 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in New Oriental Education & Technology Group by 3,276.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,056,414 shares of the company’s stock valued at $50,507,000 after buying an additional 1,025,130 shares during the last quarter. KBC Group NV acquired a new position in New Oriental Education & Technology Group in the first quarter valued at about $192,000. Finally, Pekin Hardy Strauss Inc. acquired a new position in New Oriental Education & Technology Group in the first quarter valued at about $344,000.

New Oriental Education & Technology Group Stock Performance

Shares of EDU stock opened at $60.12 on Friday. The stock’s fifty day moving average is $52.14 and its two-hundred day moving average is $49.40. The firm has a market capitalization of $10.31 billion, a P/E ratio of 26.72, a PEG ratio of 1.93 and a beta of 0.27. New Oriental Education & Technology Group has a fifty-two week low of $40.66 and a fifty-two week high of $68.53.

New Oriental Education & Technology Group (NYSE:EDU) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.19 billion. New Oriental Education & Technology Group had a return on equity of 11.32% and a net margin of 7.59%.The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 EPS. New Oriental Education & Technology Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities analysts forecast that New Oriental Education & Technology Group will post 2.75 earnings per share for the current year.

About New Oriental Education & Technology Group

New Oriental Education & Technology Group, Inc is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses, Private Label Products and Livestreaming E-Commerce, Overseas Study Consulting Services, and Educational Materials and Distribution.