Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CMBI Elevates New Oriental Education & Technology Group (EDU.US) TP to US$82 on Stable Rev. Growth/ Margin Expansion
Recommend 5 Positive 3 Negative 1 |
||||
|
||||
|
NEW ORIENTAL-S (09901.HK) announced its 3FQ26 results, with net revenue increasing 20% YoY to US$1.42 billion, 4% above market consensus, mainly benefiting from solid growth in new educational business initiatives and currency tailwind, CMBI published a research report saying. Management expected 4FQ26 net revenue to grow 15-18% YoY to US$1.43-1.47 billion, ahead of the market consensus of US$1.43 billion, and expressed optimism about further margin improvement in 4FQ26 and FY2027. CMBI raised its FY2026-2028 non-GAAP operating profit forecasts for NEW ORIENTAL-S by 5-14% to reflect its robust core education business and improved efficiency. Based on the sum-of-the-parts (SOTP) valuation method, the broker elevated its target price for NEW ORIENTAL-S' US stock from US$78 to US$82, with rating kept at Buy. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
