Core Viewpoint - New Oriental's stock price increased by 3.22% to HKD 47.52, with a trading volume of HKD 170 million, following the release of its Q2 financial results for FY2026, which showed significant growth in revenue and profit [1][5]. Financial Performance - Net revenue for Q2 FY2026 rose by 14.7% year-on-year to USD 1.191 billion [1][5]. - Operating profit surged by 244.4% year-on-year to USD 66.3 million [1][5]. - Net profit attributable to shareholders increased by 42.3% year-on-year to USD 45.5 million [1][5]. Revenue Guidance - The company raised its full-year revenue guidance for FY2026 to a range of USD 5.292 billion to USD 5.488 billion, reflecting a year-on-year growth of 8% to 12% [1][5]. Analyst Ratings - JPMorgan reiterated its "Overweight" rating on New Oriental and raised the target price from HKD 53 to HKD 55 [1][5]. - The positive Q2 performance and revised guidance mark the first time in two years that the company has exceeded expectations [1][5]. - Management's optimistic outlook led JPMorgan to increase its operating profit forecast for FY2026 to FY2027 by 7% [1][5].
新东方-S午前涨超3% 摩根大通将目标价由53港元升至55港元