The GSX Techedu Inc. (GOTU) share price is expected to decrease by 75.76% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered GOTU. Price targets range from $0.40966 at the low end to $0.91824 at the high end. The current analyst consensus for GOTU is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assigned GOTU 0 buy ratings, 0 hold ratings, and 1 sell ratings. This means that analysts expect GSX Techedu Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GOTU. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of GOTU.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mark Li Citigroup | Buy | $5.81 | Maintains | Aug 5, 2024 |
Jeffrey Chan CLSA | Outperform | $8.65 | Upgrade | Feb 28, 2024 |
Mark Li Citigroup | Buy | $4.5 | Upgrade | Jan 3, 2024 |
Jeffrey Chan CLSA | Underperform | $3.3 | Downgrade | Aug 31, 2023 |
Jeffrey Chan CLSA | Outperform | Upgrade | Feb 13, 2023 | |
Jeffrey Chan CLSA | Underperform | Upgrade | Mar 11, 2022 | |
Christine Cho Goldman Sachs | Sell | $2.6 | Downgrade | Jul 26, 2021 |
DS Kim JP Morgan | Underweight | $3.5 | Downgrade | Jul 23, 2021 |
Citigroup | Sell | Downgrade | Jun 11, 2021 | |
Christine Cho Goldman Sachs | Neutral | $20 | Downgrade | Jun 2, 2021 |
Jessie Xu Nomura | Neutral | $29.5 | Upgrade | May 10, 2021 |
Goldman Sachs | Buy | Upgrade | Apr 28, 2021 | |
JP Morgan | Neutral | Upgrade | Apr 7, 2021 | |
Citigroup | Buy | Upgrade | Mar 29, 2021 | |
CLSA | Sell | Downgrade | Mar 8, 2021 | |
JP Morgan | Underweight | Downgrade | Feb 1, 2021 | |
Goldman Sachs | Sell | Downgrade | Jan 28, 2021 | |
UBS | Neutral | Downgrade | Dec 17, 2020 | |
Nomura Instinet | Reduce | Downgrade | Oct 22, 2020 | |
Deutsche Bank | Hold | Downgrade | Jul 27, 2020 |
When did it IPO
2019
Staff Count
7,767
Country
China
Sector/Industry
Consumer Defensive/Education & Training Services
CEO
Mr. Xiangdong Chen
Market Cap
$808.6M
In 2023, GOTU generated $2.96B in revenue, which was a increase of 18.52% from the previous year. This can be seen as a signal that GOTU's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - U.S.-listed Chinese education stocks rose after a new policy on employment and education integration, with TAL up 4%, EDU up 3%, and GOTU up nearly 1%.
Why It Matters - The surge in U.S.-listed Chinese education stocks signals renewed investor confidence in the sector, driven by favorable policy changes that may boost growth and profitability.
Summary - Oversold stocks in the consumer discretionary sector may offer investment opportunities in undervalued companies.
Why It Matters - Oversold stocks in the consumer discretionary sector indicate potential bargains, suggesting a chance for significant returns as valuations correct.
Summary - Gaotu Techedu reported strong Q2 2024 revenue growth but incurred net losses due to upfront expenses. Its cash-rich balance sheet and share repurchase program provide downside protection. Non-academic tutoring contributed over 20% to revenues.
Why It Matters - Gaotu Techedu's strong revenue growth and cash reserves signal potential recovery despite losses. The thriving non-academic segment suggests resilience and future profitability, enhancing long-term investment appeal.
Summary - Gaotu Techedu Inc. (NYSE:GOTU) held its Q2 2024 earnings conference call on August 27, 2024, featuring key executives including CEO Larry Chen and CFO Shannon Shen.
Why It Matters - The earnings call signals a critical moment for Gaotu Techedu, potentially impacting stock performance and investor sentiment based on financial results and future outlook.
Summary - Gaotu Techedu Inc. (NYSE: GOTU) reported Q2 2024 net revenues of RMB1,009.8 million, a 43.6% increase from RMB703.1 million in Q2 2023.
Why It Matters - Gaotu Techedu's 43.6% revenue growth signals strong demand and market position, potentially enhancing investor confidence and interest in the company's stock.
Summary - China has relaxed after-school tutoring regulations, which could benefit companies like GOTU. Rising youth unemployment may prompt government support for this sector. GOTU's non-academic tutoring is expanding quickly.
Why It Matters - Loosened regulations on after-school tutoring in China may enhance GOTU's growth potential, especially in non-academic segments, potentially leading to higher valuations and investor returns.