Gaotu Techedu Inc., a technology-driven education company, provides online K-12 after-school tutoring services in the People's Republic of China. Its K-12 after-school tutoring courses cover various K-12 academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science. The company also provides foreign language courses comprising English and Japanese, as well as English test preparation courses for students taking post-graduate entrance exams; and professional courses primarily for working adults preparing for professional qualification exams, such as teacher's qualification, the Chartered Financial Analyst designation, securities qualification exams, and other exams. In addition, it offers admission courses for admission tests, including national graduate entrance examination, civil service examinations, and others; and Gaotu App, an interactive learning app to various student groups. Further, the company provides other courses, including offline business consulting courses to enhance management skills for principals and other officers of private education institutions; and develops and sells smart devices, such as multi-function translation pen, as well as teaching and learning tools, which includes smart learning machine. The company was formerly known as GSX Techedu Inc. and changed its name to Gaotu Techedu Inc. in June 2021. Gaotu Techedu Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2019
Exchange: NYSE
Website: https://ir.gaotu.cn
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/27/2024 | Buy → Sell | Citigroup | |
| 2/28/2024 | Underperform → Outperform | CLSA | |
| 1/3/2024 | $4.50 | Sell → Buy | Citigroup |
| 11/24/2023 | Neutral | Goldman | |
| 11/24/2023 | Buy → Hold | China Renaissance | |
| 8/31/2023 | Outperform → Underperform | CLSA | |
| 2/13/2023 | Underperform → Outperform | CLSA | |
| 12/30/2022 | $1.30 | Sell | Citigroup |
| 3/11/2022 | Sell → Underperform | CLSA |
Citigroup downgraded Gaotu Techedu from Buy to Sell
CLSA upgraded Gaotu Techedu from Underperform to Outperform
Citigroup upgraded Gaotu Techedu from Sell to Buy and set a new price target of $4.50
Goldman initiated coverage of Gaotu Techedu with a rating of Neutral
China Renaissance downgraded Gaotu Techedu from Buy to Hold
CLSA downgraded Gaotu Techedu from Outperform to Underperform
CLSA upgraded Gaotu Techedu from Underperform to Outperform
Citigroup resumed coverage of Gaotu Techedu with a rating of Sell and set a new price target of $1.30
CLSA upgraded Gaotu Techedu from Sell to Underperform
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 announced that Mr. Ming Liao has tendered his resignation as an independent director of the Company for personal reasons, effective on April 22, 2025. Mr. Ming Liao also stepped down as a member of the audit committee and the compensation committee, and the chair of nominating and corporate governance committee on the same date. The resignation of Mr. Ming Liao does not result from any dispute or disagreement with the Company. The Company further announced the appointment of Mr. Hao Sun as a
BEIJING, Oct. 12, 2023 /PRNewswire/ -- So-Young International Inc. (NASDAQ:SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that Mr. Min Yu, Mr. Xuejian Li, Mr. Charles Zhaoxuan Yang and Mr. Harry Jiannan Wang have tendered their resignations as directors of the Company for personal reasons, effective as of October 12, 2023. The board of directors of the Company (the "Board") has approved the appointment of Ms. Nan Shen as an independent director of the Company where she will serve as the chair of the audit committee and as a member of the compensat
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
20-F - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
20-F - Gaotu Techedu Inc. (0001768259) (Filer)
6-K - Gaotu Techedu Inc. (0001768259) (Filer)
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
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
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
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 announced that Mr. Ming Liao has tendered his resignation as an independent director of the Company for personal reasons, effective on April 22, 2025. Mr. Ming Liao also stepped down as a member of the audit committee and the compensation committee, and the chair of nominating and corporate governance committee on the same date. The resignation of Mr. Ming Liao does not result from any dispute or disagreement with the Company. The Company further announced the appointment of Mr. Hao Sun as a
BEIJING, March 11, 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 that it expects a meaningful reduction in its non-GAAP operating loss for 2025 compared to 2024. The Company's 2025 financial projections reflect anticipated cost and expense trends, including, among others, the impact of lease commitments, ensuring a well-measured outlook for business growth across both online and offline operations. Gaotu is committed to providing investors with accurate and transparent disclosures. All financial guidance and estimates follow applicable accounting
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
BEIJING, Feb. 13, 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 fourth quarter and fiscal year 2024 ended December 31, 2024, before U.S. markets open on Wednesday, February 26, 2025. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, February 26, 2025 (9:00 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
BEIJING, Dec. 4, 2024 /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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights[1] Net revenues were RMB1,208.3 million, increased by 53.1% from RMB789.4 million in the same period of 2023.Gross billings[2] were RMB1,069.2 million, increased by 67.2% from RMB639.3 million in the same period of 2023.Loss from operations was RMB490.1 million, compared with loss from operations of RMB99.5 million in the same period of 2023.Net loss was RMB471.3 million, comp
BEIJING, Nov. 19, 2024 /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 third quarter ended September 30, 2024, before U.S. markets open on Wednesday, December 4, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, December 4, 2024 (9:00 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
BEIJING, Aug. 27, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights[1] Net revenues were RMB1,009.8 million, increased by 43.6% from RMB703.1 million in the same period of 2023.Gross billings[2] were RMB1,653.7 million, increased by 87.4% from RMB882.3 million in the same period of 2023.Loss from operations was RMB464.8 million, compared with income from operations of RMB43.3 million in the same period of 2023.Net loss was RMB429.6 million, comp
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
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
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
BEIJING, Feb. 13, 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 fourth quarter and fiscal year 2024 ended December 31, 2024, before U.S. markets open on Wednesday, February 26, 2025. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, February 26, 2025 (9:00 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
BEIJING, Dec. 4, 2024 /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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights[1] Net revenues were RMB1,208.3 million, increased by 53.1% from RMB789.4 million in the same period of 2023.Gross billings[2] were RMB1,069.2 million, increased by 67.2% from RMB639.3 million in the same period of 2023.Loss from operations was RMB490.1 million, compared with loss from operations of RMB99.5 million in the same period of 2023.Net loss was RMB471.3 million, comp
BEIJING, Nov. 19, 2024 /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 third quarter ended September 30, 2024, before U.S. markets open on Wednesday, December 4, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, December 4, 2024 (9:00 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
BEIJING, Aug. 27, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights[1] Net revenues were RMB1,009.8 million, increased by 43.6% from RMB703.1 million in the same period of 2023.Gross billings[2] were RMB1,653.7 million, increased by 87.4% from RMB882.3 million in the same period of 2023.Loss from operations was RMB464.8 million, compared with income from operations of RMB43.3 million in the same period of 2023.Net loss was RMB429.6 million, comp
BEIJING, Aug. 5, 2024 /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 second quarter ended June 30, 2024, before U.S. markets open on Tuesday, August 27, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (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 Passc
BEIJING, May 21, 2024 /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 first quarter ended March 31, 2024. First Quarter 2024 Highlights[1] Net revenues were RMB946.9 million, increased by 33.9% from RMB707.3 million in the same period of 2023.Gross billings[2] were RMB729.4 million, increased by 35.3% from RMB539.0 million in the same period of 2023.Loss from operations was RMB77.7 million, compared with income from operations of RMB95.1 million in the same period of 2023.Net loss was RMB12.3 million, compared wit
BEIJING, April 30, 2024 /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, 2024, before U.S. markets open on Tuesday, May 21, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 21, 2024 (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 Passcode:
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