New Oriental Education & Technology downgraded by China Renaissance
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China Renaissance downgraded New Oriental Education & Technology from Buy to Hold
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| 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 |
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