New Oriental Education & Technology Group Inc. Stock News

Chinese stocks ripped higher today, as the Chinese government issued its gross domestic product (GDP) target for 2025 and detailed forthcoming stimulus it plans to inject into the country's ailing economy. Hong Kong's Hang Seng index rose 2.8%.

New Oriental Education & Technology Group Inc. (NYSE:EDU ) Q2 2025 Earnings Conference Call January 21, 2025 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Director Stephen Yang - Executive President and Chief Financial Officer Conference Call Participants Yiwen Zhang - China Renaissance Felix Liu - UBS Lucy Yu - Bank of America Securities Timothy Zhao - Goldman Sachs Elsie Shen...

New Oriental Education & Technology Group (EDU -25.05%), a prominent player in China's education sector, reported mixed fiscal 2025 second-quarter earnings on Tuesday, Jan. 21. The report highlighted robust revenue growth, with a notable year-over-year increase of 19.4%, reaching $1.04 billion.

New Oriental Education & Technology Group Inc. (NYSE:EDU ) Q1 2025 Earnings Conference Call October 23, 2024 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Stephen Yang - Executive President & Chief Financial Officer Conference Call Participants Felix Liu - UBS Alice Cai - Citi Yiwen Zhang - China Renaissance Lucy Yu - Bank of America Timothy Zhao - Goldman Sachs Charlotte Wei -...

New Oriental (EDU, Financial) shares dropped by 1.87% in pre-market trading, priced at $74.36. Macquarie has revised its forecast for New Oriental's non-GAAP net profit for fiscal years 2025 to 2027, reducing it by 11.6% to 13.3%.

Shares of New Oriental (EDU, Financial) fell approximately 9.8% in pre-market trading to $71.77. This decline followed a report from Macquarie, which adjusted its forecast for New Oriental's non-GAAP net profit for fiscal years 2025 to 2027 downward by 11.6% to 13.3%.

U.S.-listed Chinese education stocks surged following the release of a new policy focusing on employment and education integration. TAL Education Group (TAL, Financial) saw its shares rise over 4%, New Oriental Education & Technology Group (EDU) gained more than 3%, and Gaotu Techedu Inc. (GOTU) increased nearly 1%.

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%.