New Oriental Education & Technology Group stock surged 13% after analyst upgrade

From Nasdaq: 2025-06-24 17:09:00

New Oriental Education & Technology Group (NYSE: EDU) shares surged over 13% on Tuesday, outperforming the S&P 500. Analyst DS Kim from J.P. Morgan upgraded the stock to overweight, with a price target of $62 per share. Kim believes the stock is undervalued and has better prospects in fiscal 2026. However, recent earnings reports have shown significant misses in net income, raising concerns about future performance. Investors are awaiting the final quarter of fiscal 2025 results, expected in mid-to-late July. Consider all factors before investing in New Oriental Education & Technology Group.



Read more at Nasdaq: Why New Oriental Education & Technology Group Soared 13% Higher on Tuesday