Core Viewpoint - New Oriental Education & Technology Group (09901) has provided a conservative revenue guidance for the first fiscal quarter of 2026, with expected net revenue growth of 2%-5% year-on-year, and a full-year growth forecast of 5%-10% [1] Group 1: Financial Performance - The company's stock price increased by over 6% during trading, closing at 40.2 HKD with a transaction volume of 275 million HKD [1] - The first fiscal quarter guidance is considered conservative due to challenges in the overseas business environment, high base effects, and revenue recognition timing [1] - Analysts from Dongwu Securities expect overall revenue growth to rebound after the second fiscal quarter [1] Group 2: Shareholder Returns - New Oriental announced a new three-year shareholder return plan, committing to return no less than 50% of the previous fiscal year's net profit attributable to shareholders [1] Group 3: Profit Forecast - Guosheng Securities also views the FY26Q1 guidance as conservative, anticipating an increase in growth rates starting from Q2 [1] - The company’s education business fundamentals remain stable, and profit forecasts for FY2026-2028 are adjusted to Non-GAAP net profits of 550 million, 608 million, and 647 million USD, reflecting year-on-year growth of 6.2%, 10.8%, and 6.4% respectively [1]
港股异动 | 新东方-S(09901)盘中涨超6% 26财年Q2后整体收入增速有望回升 股东回报计划彰显信心