CMSI Raises NEW ORIENTAL TP to USD79 on Operational Optimization Driving Steady Growth

AASTOCKS News
2026.04.24 04:03
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CMSI has raised the target price for New Orientalto USD79, citing operational optimization and steady growth. The company reported a revenue of USD1.4 billion for Q3 FY2026, a 20% YoY increase, driven by growth in its K12 business. Gross margin was 53.7%, and net cash reached USD5 billion. CMSI expects revenue growth of 15% to 18% for Q4 FY2026 and has raised full-year growth guidance to 13% to 14%. The broker maintains an Overweight rating and anticipates attractive shareholder returns over the next three years.