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    Gaotu Techedu upgraded by Citigroup with a new price target

    1/3/24 10:22:14 AM ET
    $GOTU
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    Citigroup upgraded Gaotu Techedu from Sell to Buy and set a new price target of $4.50
    Get the next $GOTU alert in real time by email

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    Recent Analyst Ratings for
    $GOTU

    DatePrice TargetRatingAnalyst
    8/27/2024Buy → Sell
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    2/28/2024Underperform → Outperform
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    1/3/2024$4.50Sell → Buy
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    8/31/2023Outperform → Underperform
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    • Gaotu Techedu Announces First Quarter 2025 Unaudited Financial Results and a New Share Repurchase Program

      BEIJING, May 15, 2025 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE:GOTU) ("Gaotu" or the "Company"), a leading technology-driven education company in China focused on enabling lifelong learning through AI-powered solutions, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights[1] Net revenues were RMB1,493.0 million, increased by 57.7% from RMB946.9 million in the same period of 2024.Gross billings[2] were RMB888.7 million, increased by 21.8% from RMB729.4 million in the same period of 2024.Income from operations was RMB34.8 million, compared with loss from operations of RMB77.7 million in the same period of 2024.Net income was

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      BEIJING, April 30, 2025 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE:GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2025, before U.S. markets open on Thursday, May 15, 2025. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, May 15, 2025 (8:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: International: +1-412-317-6061 United States: +1-888-317-6003 Hong Kong: 800-963-976 Mainland China: 400-120-6115 Passcod

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      BEIJING, April 22, 2025 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE:GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed on the Company's investor relations website at https://ir.gaotu.cn/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Gaotu

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      Citigroup upgraded Gaotu Techedu from Sell to Buy and set a new price target of $4.50

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      BEIJING, May 15, 2025 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE:GOTU) ("Gaotu" or the "Company"), a leading technology-driven education company in China focused on enabling lifelong learning through AI-powered solutions, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights[1] Net revenues were RMB1,493.0 million, increased by 57.7% from RMB946.9 million in the same period of 2024.Gross billings[2] were RMB888.7 million, increased by 21.8% from RMB729.4 million in the same period of 2024.Income from operations was RMB34.8 million, compared with loss from operations of RMB77.7 million in the same period of 2024.Net income was

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      BEIJING, Feb. 26, 2025 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE:GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights[1] Net revenues were RMB1,388.6 million, increased by 82.5% from RMB761.0 million in the same period of 2023.Gross billings[2] were RMB2,160.2 million, increased by 69.0% from RMB1,278.1 million in the same period of 2023.Loss from operations was RMB149.3 million, compared with loss from operations of RMB187.9 million in the same period of 2023.Net loss was R

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