EDU Stock Recent News

Chinese stocks ripped higher today, as the Chinese government issued its gross domestic product (GDP) target for 2025 and detailed forthcoming stimulus it plans to inject into the country's ailing economy. Hong Kong's Hang Seng index rose 2.8%.

EDU's fiscal second-quarter results benefit from new educational business initiatives.

New Oriental Education & Technology Group Inc. (NYSE:EDU ) Q2 2025 Earnings Conference Call January 21, 2025 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Director Stephen Yang - Executive President and Chief Financial Officer Conference Call Participants Yiwen Zhang - China Renaissance Felix Liu - UBS Lucy Yu - Bank of America Securities Timothy Zhao - Goldman Sachs Elsie Sheng - CLSA DS Kim - JPMorgan Alice Cai - Citi Operator Good evening and thank you for standing by for New Oriental's FY 2025 Second Quarter Results Earnings Conference Call. At this time, all participants are in a listen-only mode.

New Oriental Education & Technology Group (EDU -25.05%), a prominent player in China's education sector, reported mixed fiscal 2025 second-quarter earnings on Tuesday, Jan. 21. The report highlighted robust revenue growth, with a notable year-over-year increase of 19.4%, reaching $1.04 billion.

U.S. stock futures were higher this morning, with the Dow futures gaining over 200 points on Tuesday.

Here's why a portfolio manager with decades of success is highlighting a for-profit education stock amid China market rally

Shares of New Oriental Education & Technology Group Inc (EDU, Financial) surged 1.83% in mid-day trading on Oct 2. The stock reached an intraday high of $87.26, before settling at $78.60, up from its previous close of $77.19.

New Oriental (EDU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

BEIJING , Sept. 25, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2024 with the Securities and Exchange Commission ("SEC") on September 25, 2024.

New Oriental Education is assigned a Buy rating, considering the stock's attractive valuations and the presence of potential re-rating catalysts. EDU's capital return outlook is positive, with a significant increase in its share repurchase authorization and the potential for additional special or regular dividends. The company is expected to achieve significant operating margin expansion in Q1 FY 2025 and beyond, driven by strong revenue growth and the improved utilization rate for new learning centers.