Gaotu Techedu Inc has a consensus price target of $7.23 based on the ratings of 2 analysts. The high is $8.65 issued by CLSA on February 28, 2024. The low is $5.81 issued by Citigroup on August 5, 2024. The 3 most-recent analyst ratings were released by Citigroup, CLSA, and Citigroup on August 5, 2024, February 28, 2024, and January 3, 2024, respectively. With an average price target of $6.32 between Citigroup, CLSA, and Citigroup, there's an implied 159.02% upside for Gaotu Techedu Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Gaotu Techedu (NYSE:GOTU) was reported by Citigroup on August 5, 2024. The analyst firm set a price target for $5.81 expecting GOTU to rise to within 12 months (a possible 138.11% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Gaotu Techedu (NYSE:GOTU) was provided by Citigroup, and Gaotu Techedu maintained their buy rating.
The last upgrade for Gaotu Techedu Inc happened on February 28, 2024 when CLSA raised their price target to $8.65. CLSA previously had an underperform for Gaotu Techedu Inc.
The last downgrade for Gaotu Techedu Inc happened on August 31, 2023 when CLSA changed their price target from $3.32 to $3.3 for Gaotu Techedu Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Gaotu Techedu, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Gaotu Techedu was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest Gaotu Techedu (GOTU) rating was a maintained with a price target of $12.34 to $5.81. The current price Gaotu Techedu (GOTU) is trading at is $2.44, which is out of the analyst’s predicted range.
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