Gaotu Techedu (GOTU) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaotu Techedu in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GOTU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GOTU, but not buy additional shares or sell existing shares.
View GOTU analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year target prices for Gaotu Techedu's shares. Their GOTU share price forecasts range from $1.30 to $1.30. On average, they predict the company's share price to reach $1.30 in the next twelve months. This suggests that the stock has a possible downside of 47.8%.
View analysts price targets for GOTU or view top-rated stocks among Wall Street analysts.

Gaotu Techedu's stock was trading at $2.36 at the beginning of 2023. Since then, GOTU stock has increased by 5.5% and is now trading at $2.49.
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Gaotu Techedu saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 10,160,000 shares, a decrease of 10.4% from the March 31st total of 11,340,000 shares. Based on an average trading volume of 4,340,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 6.8% of the company's stock are sold short.
View Gaotu Techedu's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023.
View our GOTU earnings forecast.

Gaotu Techedu will be holding an earnings conference call on Tuesday, May 30th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "5551166".

ETFs with the largest weight of Gaotu Techedu (NYSE:GOTU) stock in their portfolio include Global X Education ETF (EDUT),

Gaotu Techedu trades on the New York Stock Exchange (NYSE) under the ticker symbol "GOTU."

Gaotu Techedu's stock is owned by a variety of retail and institutional investors. Top institutional investors include Keystone Investors PTE Ltd. (2.17%), Strategic Vision Investment Ltd (2.06%), Renaissance Technologies LLC (1.50%), Acadian Asset Management LLC (1.29%), Bank of America Corp DE (1.21%) and Hidden Lake Asset Management LP (0.42%).

Shares of GOTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GOTU stock can currently be purchased for approximately $2.49.

Gaotu Techedu (NYSE:GOTU) has a market capitalization of $640.00 million and generates $362.21 million in revenue each year. The company earns $1.91 million in net income (profit) each year or $0.01 on an earnings per share basis.

The company employs 4,002 workers across the globe.

Gaotu Techedu's mailing address is TOWER C BEYONDSOFT BLDG. 7 EAST ZONE 10 XIBEIWANG EAST ROAD HAIDIAN DISTRICT, BEIJING F4, 100193. The official website for the company is www.baijia.com. The company can be reached via phone at 861082826826 or via email at ir@genshuixue.com.