金吾财讯 | 汇丰研究发研报指，对新东方(EDU)2026财年的核心业务增长保持乐观，主要受到2025年及2026年的学校规模扩张20%及15%支持。该行料，K9非学术会按年增20%，高中会按年增低至高十位数，公司可继续提高市占率。同时，该行料海外留学业务的收入会放缓，主要因为持续的地缘政治、海外留学成本上升，以及国内就业市场具挑战性。加上成人学习服务的20%按年增幅，该行料2026财年核心收入按年升18%。该行将新东方2026年及2027年的收入预测1%至2%，将美股目标价由61美元降至60美元，评级“买入”。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.