HSBC Boosts New Oriental Education & Technology Group to Buy Following Q2 FY2026 Results
ByAinvest
Saturday, Jan 31, 2026 7:14 pm ET1min read
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HSBC upgraded New Oriental Education & Technology Group from Hold to Buy with a $68 price target following Q2 FY2026 results. The company reported net revenue of $1.19 billion, surpassing estimates by $28.62 million and up 14.7% YoY. Adjusted EPS was $0.45, exceeding estimates by $0.11 per share. Net profit was $45.5 million, a 42.3% growth from a year ago.
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