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New Oriental Education & Technology Group (EDU) Stock Forecast & Price Target

$80.60
+1.56 (+1.97%)
(As of 10/4/2024 ET)

New Oriental Education & Technology Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
4

Based on 4 Wall Street analysts who have issued ratings for New Oriental Education & Technology Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 4 analysts, 4 have given a buy rating for EDU.

Consensus Price Target

$103.67
28.62% Upside
According to the 4 analysts' twelve-month price targets for New Oriental Education & Technology Group, the average price target is $103.67. The highest price target for EDU is $110.00, while the lowest price target for EDU is $95.00. The average price target represents a forecasted upside of 28.62% from the current price of $80.60.
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EDU Analyst Ratings Over Time

TypeCurrent Forecast
10/7/23 to 10/6/24
1 Month Ago
9/7/23 to 9/6/24
3 Months Ago
7/9/23 to 7/8/24
1 Year Ago
10/7/22 to 10/7/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
N/A
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$103.67$103.67$100.75$68.50
Forecasted Upside28.62% Upside70.59% Upside27.37% Upside13.05% Upside
Consensus Rating
Buy
Buy
Buy
N/A

EDU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EDU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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New Oriental Education & Technology Group Stock vs. The Competition

TypeNew Oriental Education & Technology GroupConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
3.00
2.56
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside28.62% Upside1,174.10% Upside7.05% Upside
News Sentiment Rating
Positive News

See Recent EDU News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/2/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$127.00 ➝ $106.00+74.17%
5/29/2024HSBC
2 of 5 stars
 Initiated CoverageBuy$110.00+35.17%
3/28/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$85.00 ➝ $95.00+8.77%
11/24/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy
7/27/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$65.00 ➝ $71.00+37.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:30 AM ET.


EDU Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for New Oriental Education & Technology Group is $103.67, with a high forecast of $110.00 and a low forecast of $95.00.

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Oriental Education & Technology Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EDU shares.

According to analysts, New Oriental Education & Technology Group's stock has a predicted upside of 28.62% based on their 12-month stock forecasts.

New Oriental Education & Technology Group has been rated by research analysts at Citigroup in the past 90 days.

Analysts like New Oriental Education & Technology Group more than other "consumer discretionary" companies. The consensus rating for New Oriental Education & Technology Group is Buy while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how EDU compares to other companies.


This page (NYSE:EDU) was last updated on 10/6/2024 by MarketBeat.com Staff
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