Gaotu Techedu: Live-Streaming Business And Financial Outlook Are Key Investment Considerations [Seeking Alpha]
Gaotu Techedu Inc. American Depositary Shares (GOTU)
Company Research
Source: Seeking Alpha
But Gaotu Techedu is valued by the market at a demanding P/E multiple at the high-twenties level, and there are risks associated with the sell side's bullish FY 2024 outlook. I rate GOTU as a Hold after considering both the growth of Gaotu Techedu's live streaming business and the risk of negative earnings surprises for the company in FY 2024. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Elevator Pitch Gaotu Techedu Inc. NYSE: GOTU ) stock is awarded a Hold investment rating. My previous November 25, 2023 write-up was focused on GOTU's third quarter results review and the increase in Gaotu Techedu's share buyback authorization to $80 million. GOTU's live streaming e-commerce business has performed well, with substantial growth in followers in recent months. On the flip side, the company's 2024 financial performance could possibly fall short of expectations taking into account risks relating to costs and regul
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GOTU
News
- Gaotu Techedu Files Its Annual Report on Form 20-FPR Newswire
- Gaotu Techedu Inc. (NYSE: GOTU) was upgraded by analysts at CLSA from an "underperform" rating to an "outperform" rating.MarketBeat
- Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial ResultsPR Newswire
- Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 27, 2024PR Newswire
GOTU
Sec Filings
- 4/25/24 - Form 20-F
- 3/21/24 - Form 144
- 3/21/24 - Form 144
- GOTU's page on the SEC website