New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2020, it offered educational programs, services, and products to students through a network of 104 schools, 1,361 learning centers, and 12 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2006
Exchange: NYSE
Website: neworiental.org
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/24/2025 | Buy → Hold | China Renaissance | |
| 1/24/2025 | $50.00 | Buy → Neutral | Citigroup |
| 1/22/2025 | $83.00 → $52.00 | Overweight → Equal-Weight | Morgan Stanley |
| 1/22/2025 | $44.00 | Outperform → Underperform | Macquarie |
| 1/22/2025 | $85.00 → $50.00 | Overweight → Neutral | Analyst |
| 5/29/2024 | $110.00 | Buy | HSBC Securities |
| 11/24/2023 | Buy | Goldman | |
| 11/7/2023 | $81.00 | Overweight | Morgan Stanley |
| 12/30/2022 | Buy | Citigroup | |
| 10/27/2022 | Outperform → Buy | CLSA |
BEIJING, April 23, 2025 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the third fiscal quarter ended February 28, 2025, which is the third quarter of New Oriental's fiscal year 2025. Financial Highlights for the Third Fiscal Quarter Ended February 28, 2025 Total net revenues decreased by 2.0% year over year to US$1,183.1 million for the third fiscal quarter of 2025. Total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, increased by 21.2% year over year to
BEIJING, March 31, 2025 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE:EDU), a provider of private educational services in China, today announced that it will report its financial results for the third quarter ended February 28, 2025, before the U.S. market opens on April 23, 2025. New Oriental's management will host an earnings conference call at 8 AM on April 23, 2025, U.S. Eastern Time (8 PM on April 23, 2025, Beijing/Hong Kong Time). Participants can join the conference using the below options: Dialling-in to the conference call: Please register in advance of the conference, using the link provided below. Upon registering, you wi
BEIJING, Jan. 21, 2025 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the second fiscal quarter ended November 30, 2024, which is the second quarter of New Oriental's fiscal year 2025. Financial Highlights for the Second Fiscal Quarter Ended November 30, 2024 Total net revenues increased by 19.4% year over year to US$1,038.6 million for the second fiscal quarter of 2025. Total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, increased by 31.3% year over yea
BEIJING, Dec. 31, 2024 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE:EDU), a provider of private educational services in China, today announced that it will report its financial results for the second quarter ended November 30, 2024, before the U.S. market opens on January 21, 2025. New Oriental's management will host an earnings conference call at 8 AM on January 21, 2025, U.S. Eastern Time (9 PM on January 21, 2025, Beijing/Hong Kong Time). Participants can join the conference using the below options: Dialling-in to the conference call: Please register in advance of the conference, using the link provided below. Upon registering,
BEIJING, Dec. 11, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE:EDU), a provider of private educational services in China, today announced that Dr. John Zhuang Yang has tendered his resignation as an independent director of the Company, effective on December 16, 2024. Dr. Yang also stepped down as a member of the audit committee, a member of the compensation committee, and the chairperson of the nominating and corporate governance committee on the same date. The Company further announced the appointment of Dr. Yue Zhuge as an independent director of the Company, effective on December 16, 2024. Dr. Zhuge has also been appointed as
BEIJING, Oct. 23, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the first fiscal quarter ended August 31, 2024, which is the first quarter of New Oriental's fiscal year 2025. Financial Highlights for the First Fiscal Quarter Ended August 31, 2024 Total net revenues increased by 30.5% year over year to US$1,435.4 million for the first fiscal quarter of 2025. Total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, increased by 33.5% year over year to US$
BEIJING, Oct. 17, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that it will hold its annual general meeting of shareholders at No. 6 Hai Dian Zhong Street, Haidian District, Beijing, People's Republic of China, on November 25, 2024 at 5:00 p.m. (local time). No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company's American depositary shares ("ADSs") to discuss Company affairs with ma
BEIJING, Sept. 30, 2024 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE:EDU), a provider of private educational services in China, today announced that it will report its financial results for the first quarter ended August 31, 2024, before the U.S. market opens on October 23, 2024. New Oriental's management will host an earnings conference call at 8 AM on October 23, 2024, U.S. Eastern Time (8 PM on October 23, 2024, Beijing/Hong Kong Time). Participants can join the conference using the below options: Dialling-in to the conference call: Please register in advance of the conference, using the link provided below. Upon registering, yo
BEIJING, Sept. 25, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE:EDU), a provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2024 with the Securities and Exchange Commission ("SEC") on September 25, 2024. The annual report can be accessed on New Oriental's investor relations website at http://investor.neworiental.org as well as the SEC's website at http://www.sec.gov. New Oriental will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon
BEIJING, Aug. 19, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE:EDU), a provider of private educational services in China, today announced that its board of directors has approved a special cash dividend of US$0.06 per common share, or US$0.6 per ADS, to holders of common shares and ADSs of record as of the close of business on September 9, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the cash dividend to be paid will be approximately US$100 million. For holders of common shares, in order to qualify for the dividend, all valid documents for the transfer of shares ac
SCHEDULE 13G/A - New Oriental Education & Technology Group Inc. (0001372920) (Subject)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)