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 to invest. The stock has strong financial performance, positive analyst ratings, and hedge fund buying interest, which align with the user's investment goals. Despite a slight pre-market and regular market decline, the technical indicators and long-term growth potential make it a solid investment opportunity.
The MACD is positive and contracting, indicating potential bullish momentum. RSI is neutral at 55.009, suggesting no overbought or oversold conditions. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key support is at 53.72, and resistance is at 57.494. Overall, the technical indicators support a positive outlook.
Hedge funds are significantly increasing their buying activity, with a 1163.91% increase in the last quarter.
Analysts have raised price targets and upgraded the stock to 'Buy' after strong financial performance in the latest quarter.
Financials show YoY growth in revenue (14.71%), net income (42.34%), and EPS (50.00%).
The stock experienced a slight decline in pre-market (-2.62%) and regular market (-1.27%) trading.
No recent news or congress trading data is available, limiting visibility into external sentiment or political interest.
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 50.00% YoY to $0.03, and gross margin improved to 53.26%, up 2.38% YoY.
Analysts are bullish on EDU. BofA raised the price target to $71.30 from $67.10 and maintained a 'Buy' rating after a strong quarter. HSBC upgraded the stock to 'Buy' with a $68 price target. These upgrades reflect confidence in the company's growth trajectory.
