EDU Should I Buy
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New Oriental Education & Technology Group Inc (EDU) is a good buy for a beginner investor with a long-term investment horizon and $50,000-$100,000 available for investment. The company shows strong financial growth, positive analyst sentiment, and hedge fund interest, making it a promising long-term investment despite the lack of immediate trading signals.
The technical indicators show a bullish trend with moving averages in alignment (SMA_5 > SMA_20 > SMA_200). MACD is above 0 and positively contracting, indicating momentum, while RSI is neutral at 58.43. Key support and resistance levels suggest a pivot at 55.729 with resistance at 57.242 and support at 54.217.
Hedge funds are significantly increasing their positions, with a 1163.91% increase in buying over the last quarter.
Analysts have raised price targets and upgraded the stock to 'Buy' based on strong financial performance.
The company has shown robust YoY financial growth in revenue, net income, EPS, and gross margin.
The stock has a relatively low probability of significant short-term price movement based on candlestick pattern analysis.
No recent congress trading data or significant insider activity to further validate sentiment.
In Q2 FY2026, the company reported a 14.71% YoY increase in revenue, a 42.34% YoY increase in net income, a 50% YoY increase in EPS, and a 2.38% YoY improvement in gross margin to 53.26%. These metrics indicate strong financial health and growth.
Analysts are bullish on EDU, with BofA raising the price target to $71.30 and HSBC upgrading the stock to 'Buy' with a $68 price target. These upgrades reflect confidence in the company's ability to sustain growth and profitability.
