New Oriental Education & Technology downgraded by Citigroup with a new price target
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Citigroup downgraded New Oriental Education & Technology from Buy to Neutral and set a new price target of $50.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
Citigroup downgraded New Oriental Education & Technology from Buy to Neutral and set a new price target of $50.00
Morgan Stanley downgraded New Oriental Education & Technology from Overweight to Equal-Weight and set a new price target of $52.00 from $83.00 previously
Macquarie downgraded New Oriental Education & Technology from Outperform to Underperform and set a new price target of $44.00
SC 13G/A - New Oriental Education & Technology Group Inc. (0001372920) (Subject)
SC 13G - New Oriental Education & Technology Group Inc. (0001372920) (Subject)
SC 13G/A - New Oriental Education & Technology Group Inc. (0001372920) (Subject)
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, 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$1,435.4 million for the first fiscal quarter of 2025. Total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, increased by 33.5% year over year to US$
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)
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, Jan. 18, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU and 9901.SEHK), the largest provider of private educational services in China, today announced that the board of directors has appointed Mr. Zhihui Yang as the Executive President of the Company, effective on January 15, 2021. Mr. Yang will continue to serve as the Chief Financial Officer of the Company. Mr. Zhihui Yang has served as the Company's Chief Financial Officer since April 2015. Prior to this, Mr. Yang held multiple positions after he joined our company in April 2006, including vice president of finance, deputy director of president office and senio
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