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 strategy and $50,000-$100,000 available for investment. The company's strong financial performance, hedge fund buying activity, and positive analyst sentiment outweigh the current short-term price decline. Despite the lack of recent news or congress trading data, the long-term growth potential makes this stock a solid choice.
The stock's MACD is negative and expanding downward, indicating short-term bearish momentum. RSI is neutral at 46.245, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its support level of 59.5, suggesting a potential bounce. However, the overall technical indicators are mixed, with a slight lean towards bullish for the long term.
Hedge funds are significantly increasing their buying activity, with a 1163.91% increase in the last quarter.
Analysts have upgraded the stock, with price targets raised to $71.30 and $68, reflecting confidence in the company's growth.
Strong financial performance in Q2 2026, with revenue up 14.71% YoY, net income up 42.34% YoY, and EPS up 50% YoY.
Short-term price decline of -1.65% in the regular market and -1.08% in post-market trading.
No recent news or congress trading data to provide additional positive sentiment.
Short-term bearish sentiment in options trading, with a high put-call volume ratio of 2.45.
In Q2 2026, the company reported strong financial growth: Revenue increased by 14.71% YoY to $1.19 billion, net income rose by 42.34% YoY to $45.45 million, EPS grew by 50% YoY to $0.03, and gross margin improved by 2.38% YoY to 53.26%. These metrics indicate robust financial health and growth potential.
Analysts are bullish on EDU. BofA raised its price target to $71.30 from $67.10 after a strong November-end quarter, citing revenue and margin beats. HSBC upgraded the stock to Buy from Hold with a $68 price target. Both upgrades reflect confidence in the company's long-term growth prospects.
