On January 24 | GOTU.US (GOTU.US) rose 4.23% to $3.45 in the premarket. BOC International expects Gaotu's total revenue for the fourth quarter of 2023 to increase 15% year-on-year to 726 million yuan, better than the previous company's guidance of 668 million yuan to 688 million yuan (6.1% to 9.3% year-on-year increase). Gaotu Jiapin has not yet consolidated its consolidated report. In 2024, it may contribute about 12 million yuan to Gaotu's net profit forecast. Considering the continuous optimization of K12 business profit margins (better than the previous forecast of about 2 percentage points), corresponding to the 2024 online education price-earnings ratio of 17 times, the target price was raised to 3.8 US dollars (originally 3.1 US dollars) to maintain the purchase rating.
美股异动 | 高途盘前涨超4% 机构看高目标价至3.8美元 料Q4总收入增15%
Changes in US stocks | Gaotu rose more than 4% before the market, institutions are bullish on the target price to $3.8 and expect total Q4 revenue to increase 15%
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Hot News
Updated