--- title: "Research Alert: CFRA Keeps Hold Opinion On Adss Of New Oriental Education & Technology Group" type: "News" locale: "en" url: "https://longbridge.com/en/news/283876428.md" description: "CFRA has maintained a Hold opinion on New Oriental Education & Technology Group (EDU) while lowering its target price from USD 63 to USD 60. The firm projects revenue growth of 8% and 10% for FY 26 and FY 27, driven by increased enrollments in non-academic tutoring and expansion of learning centers. Net margins are expected to improve to 8.6% and 9.0% in FY 26 and FY 27, supported by better operational efficiency. Despite regulatory risks in China, EDU's expansion strategy in high-growth cities is anticipated to mitigate startup costs." datetime: "2026-04-23T17:55:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283876428.md) - [en](https://longbridge.com/en/news/283876428.md) - [zh-HK](https://longbridge.com/zh-HK/news/283876428.md) --- # Research Alert: CFRA Keeps Hold Opinion On Adss Of New Oriental Education & Technology Group 01:55 PM EDT, 04/23/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with 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. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [EDU.US](https://longbridge.com/en/quote/EDU.US.md) - [09901.HK](https://longbridge.com/en/quote/09901.HK.md) - [01797.HK](https://longbridge.com/en/quote/01797.HK.md) ## Related News & Research - [EDU Holdings Wins Strong Shareholder Backing at 2026 AGM](https://longbridge.com/en/news/286037497.md) - [New Oriental Announces Results for the Third Fiscal Quarter Ended February 28, 2026 | EDU Stock News](https://longbridge.com/en/news/283628954.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [Research Alert: CFRA Upgrades Opinion On Shares Of Tractor Supply Company To Buy From Hold](https://longbridge.com/en/news/287097602.md) - [Research Alert: CFRA Maintains Hold Opinion On Shares Of Dominion Energy, Inc.](https://longbridge.com/en/news/287097610.md)