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-0.000671478932348483 -0.000251804599630696 -0.00100721839852267 0.000923283531979179 0.0114151418499245 0.0105757931844889 0.00738626825583355 0.0117508813160988
Stock impact report

HSBC Upgrades New Oriental Education & Technology Group to Buy Following Strong Q2 FY2026 Results [Yahoo! Finance]

New Oriental Education & Technology Group, Inc. Sponsored ADR representing 1 Ordinary Share (Cayman Islands) (EDU) 
Last new oriental education & technology group, inc. sponsored adr representing 1 ordinary share (cayman islands) earnings: 1/22 03:18 am Check Earnings Report
US:NYSE Investor Relations: investor.neworiental.org
Company Research Source: Yahoo! Finance
On January 29, HSBC upgraded New Oriental Education & Technology Group Inc. (NYSE:EDU) from Hold to Buy. Charlotte Wei from HSBC lifted the rating on EDU following the Q2 FY2026 results and kept the price target at $68. Antonio Guillem/Shutterstock.com On January 28, New Oriental Education & Technology Group Inc. reported quarterly results for the second quarter of fiscal year 2026. The company posted net revenue of around $1.19 billion, surpassing consensus estimates by $28.62 million and up 14.7% year-over-year. Adjusted earnings per share were approximately $0.45, exceeding estimates by $0.11 per share. The company's net profit was $45.5 million, a notable growth of 42.3% from a year ago. Chenggang Zhou, New Oriental's Chief Executive Officer, said: In this fiscal quarter, we executed cautious capacity expansion while carefully balancing revenue growth and operational efficiency. In parallel, we enhanced our OMO (online-merge-offline) teaching system while investing in AI in Show less Read more
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