$EDU

Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Friday Trading

Asian equities traded in the US as American depositary receipts were slightly higher on Friday morning, up 0.1% to 2,934.38 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by sports schools operator Leifras (LFS) and cloud service provider Kingsoft Cloud (KC), which climbed 11% and 7.4% respectively.They were followed by tech and e-commerce giant Alibaba (BABA) and private education services provider New Oriental Education (EDU), which rose 3.2% and 2.6% respectively.The decliners from North Asia were led by Internet and data center service provider VNET (VNET) and autonomous driving technology company WeRide (WRD), which fell 4% and 2.9% respectively.They were followed by steelmaker Posco (PKX), which shed 2.6%.From South Asia, the gainers were led by travel service provider Trip.com (TCOM), which added 0.4%.The decliners from South Asia were led by HDFC Bank (HDB), which fell 1.1%, followed by telecom PLDT (PHI), which was down 1%.

New Oriental Education's Fiscal Q4 Adjusted Earnings Fall, Revenue Rises; Fiscal 2027 Sales Outlook Set

New Oriental Education & Technology (EDU) reported fiscal Q4 non-GAAP earnings Wednesday of $0.55 per diluted American depositary share, down from $0.61 a year earlier.Net revenue for the quarter ended May 31 was $1.53 billion, up from $1.24 billion a year earlier.Analysts polled by FactSet expected $1.46 billion.For fiscal 2027, the company expects its net revenue guidance to be between $6.45 billion and $6.68 billion. Analysts expect $6.26 billion.Shares of New Oriental rose more than 3% in recent premarket activity Wednesday.Price: $52.51, Change: $+1.72, Percent Change: +3.39%

Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

Asian equities traded in the US as American depositary receipts were higher on Tuesday morning, adding 0.9% to 2,938.12 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by private education company New Oriental Education & Tech (EDU) and financial services company Mitsubishi UFJ Financial Group (MUFG), which advanced 3.6% and 3.5%, respectively.They were followed by solar module manufacturer JinkoSolar (JKS) and semiconductor company United Microelectronics (UMC), which climbed 2.2% and 1.2%, respectively.The decliners from North Asia were led by semiconductor services company ChipMOS Technologies (IMOS) and tech company Baidu (BIDU), which dropped 6.8% and 5%, respectively.They were followed by tech and gaming firm NetEase (NTES) and semiconductor maker Himax (HIMX), which shed 2.3% and 1%, respectively.From South Asia, the gainers were led by telecom PLDT (PHI) and online travel agency Trip.com (TCOM), which rose 0.8% and 0.2%, respectively.The decliners from South Asia were led by tech company Infosys (INFY), which fell 3.2%, followed by bank HDFC (HDB), which was down 1.3%.

Asian Equities Traded in the US as American Depositary Receipts Advance in Monday Trading

Asian equities traded in the US as American depositary receipts were slightly higher on Monday morning, up 0.2% to 2,938.75 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by technology company NetEase (NTES) and financial group Mitsubishi UFJ Financial (MUFG), which advanced 3.4% and 1.4% respectively. They were followed by private education service provider New Oriental Education & Tech (EDU), which added 0.7%.The decliners from North Asia were led by solar technology companies Daqo New Energy (DQ) and JinkoSolar (JKS), which fell 4.5% and 2.9% respectively.From South Asia, the gainers were led by technology company Infosys (INFY) and tech conglomerate Sea (SE), which rose 3.7% and 2.8% respectively.The decliners from South Asia were led by technology company Sify Technologies (SIFY), which fell 3.3%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which was down 1.5%.

New Oriental Education & Technology Shares Rise After Goldman Sachs Upgrade

New Oriental Education & Technology (EDU) shares rose 3.6% on Friday after Goldman Sachs upgraded the stock to buy from neutral and adjusted its price target to $65 per share from $67.Trading volume stood at around 236,000 shares compared with a daily average of 751,282.Price: $46.86, Change: $+1.66, Percent Change: +3.67%

Goldman Sachs Upgrades New Oriental Education & Technology to Buy From Neutral, Cuts Price Target to $65 From $67

Research Alert: CFRA Keeps Hold Opinion On Adss Of New Oriental Education & Technology Group

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our target price to USD60 from USD63, at a FY 27 (May) P/E of 18x, largely in line with its three-year average, balancing our projected healthy growth outlook for EDU with regulatory risks in China. We forecast revenue to grow 8%/10% in FY 26/FY 27, mainly supported by higher enrollments for EDU's non-academic tutoring courses (such as music and sports lessons) and its ongoing expansion plan for schools and learning centers. We also expect revenue growth to sustain for the overseas test preparation and study consulting businesses. We project net margin to improve to 8.6%/9.0% in FY 26/FY 27 (7.6% in FY 25), supported by higher utilization of its existing learning centers/classrooms, better operating efficiency, and improved profit contribution from East Buy. Despite higher startup costs for new initiatives, EDU's disciplined expansion into high-income, high-growth cities should help mitigate these pressures. Our EPADS forecasts are unchanged.

Research Alert: Edu: Solid Q3 Fy 26 On Core Growth And Margin Expansion

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EDU's Q3 FY 26 (May) EPADS of USD0.79 (+46% Y/Y) meets our expectation. Revenue rose 20% Y/Y, driven by solid growth across core education segments, including overseas test preparation (+7.4% Y/Y) and domestic test preparation for adults and university students (+15% Y/Y), alongside strong momentum in new initiatives (+23% Y/Y), non-academic tutoring (458k new enrollments), and intelligent learning systems. We view this as a sign of a more diversified and resilient growth profile. Net margin expanded 1.5%-pts Y/Y, supported by improved operational efficiency, better utilization, and ongoing cost optimization, with additional uplift from operating leverage as enrollment scaled. Management remains focused on strengthening its core education offerings, improving teaching quality, and optimizing costs, while deepening AI integration across its OMO system. It also plans to enhance customer retention and advance East Buy through multi-channel expansion, private labels, and membership initiatives.

Update: New Oriental Education Fiscal Q3 Adjusted Earnings, Revenue Rise; Fiscal 2026 Sales Outlook Increased

(Updates with most recent stock price movement in the last paragraph.)New Oriental Education & Technology (EDU) reported fiscal Q3 non-GAAP earnings Wednesday of $0.95 per diluted American depositary share, up from $0.70 a year earlier.Net revenue for the quarter ended Feb. 28 was $1.42 billion, compared with $1.18 billion a year earlier.Analysts polled by FactSet expected $1.36 billion.The company expects fiscal Q4 net revenue of $1.43 billion to $1.47 billion. Analysts surveyed by FactSet expect $1.43 billion.For fiscal 2026, the company raised its net revenue guidance to now be between $5.56 billion and $5.60 billion, from its prior range of between $5.29 billion and $5.49 billion.Analysts polled by FactSet expect $5.48 billion.New Oriental shares rose 3% in Tuesday premarket activity.Price: $58.00, Change: $+1.64, Percent Change: +2.91%