Brokerages Set New Oriental Education & Technology Group, Inc. (NYSE:EDU) PT at $56.60

Shares of New Oriental Education & Technology Group, Inc. (NYSE:EDU) have been given an average recommendation of “Hold” by the nine ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $56.8667.

A number of research firms have recently issued reports on EDU. Bank of America increased their target price on New Oriental Education & Technology Group from $56.20 to $58.20 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. upgraded New Oriental Education & Technology Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $48.00 to $62.00 in a report on Tuesday, June 24th. Citigroup reduced their target price on New Oriental Education & Technology Group from $77.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, September 9th. Hsbc Global Res upgraded New Oriental Education & Technology Group to a “hold” rating in a report on Wednesday, July 30th. Finally, HSBC lowered New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 30th.

Institutional Trading of New Oriental Education & Technology Group

Hedge funds have recently modified their holdings of the business. KBC Group NV increased its stake in shares of New Oriental Education & Technology Group by 11.3% in the second quarter. KBC Group NV now owns 4,474 shares of the company’s stock worth $241,000 after acquiring an additional 454 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of New Oriental Education & Technology Group by 6.6% in the second quarter. TD Waterhouse Canada Inc. now owns 8,890 shares of the company’s stock worth $476,000 after acquiring an additional 554 shares during the last quarter. Bessemer Group Inc. acquired a new position in shares of New Oriental Education & Technology Group in the second quarter worth $37,000. Hantz Financial Services Inc. increased its stake in shares of New Oriental Education & Technology Group by 738.0% in the second quarter. Hantz Financial Services Inc. now owns 905 shares of the company’s stock worth $49,000 after acquiring an additional 797 shares during the last quarter. Finally, Vident Advisory LLC increased its stake in shares of New Oriental Education & Technology Group by 17.3% in the second quarter. Vident Advisory LLC now owns 5,426 shares of the company’s stock worth $293,000 after acquiring an additional 800 shares during the last quarter.

New Oriental Education & Technology Group Trading Up 0.2%

Shares of NYSE:EDU opened at $53.19 on Monday. New Oriental Education & Technology Group has a one year low of $40.66 and a one year high of $87.26. The stock has a fifty day moving average of $48.96 and a 200-day moving average of $48.41.

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