Gaotu Techedu Inc has a consensus price target of $9.75, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from CLSA, Citigroup, and CLSA on February 28, 2024, January 3, 2024, and August 31, 2023. With an average price target of $5.48 between CLSA, Citigroup, and CLSA, there's an implied -16.54% downside for Gaotu Techedu Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/28/2024 | GOTU | Buy Now | Gaotu Techedu | $6.57 | 31.66% | CLSA | Jeffrey Chan | → $8.65 | Upgrade | Underperform → Outperform | Get Alert |
01/03/2024 | GOTU | Buy Now | Gaotu Techedu | $6.57 | -31.51% | Citigroup | Mark Li | $2.48 → $4.5 | Upgrade | Sell → Buy | Get Alert |
08/31/2023 | GOTU | Buy Now | Gaotu Techedu | $6.57 | -49.77% | CLSA | Jeffrey Chan | $3.32 → $3.3 | Downgrade | Outperform → Underperform | Get Alert |
02/13/2023 | GOTU | Buy Now | Gaotu Techedu | $6.57 | — | CLSA | Jeffrey Chan | — | Upgrade | Underperform → Outperform | Get Alert |
03/11/2022 | GOTU | Buy Now | Gaotu Techedu | $6.57 | — | CLSA | Jeffrey Chan | — | Upgrade | Sell → Underperform | Get Alert |
07/26/2021 | GOTU | Buy Now | Gaotu Techedu | $6.57 | -60.43% | Goldman Sachs | Christine Cho | — | Downgrade | Neutral → Sell | Get Alert |
07/23/2021 | GOTU | Buy Now | Gaotu Techedu | $6.57 | -46.73% | JP Morgan | DS Kim | — | Downgrade | Neutral → Underweight | Get Alert |
06/11/2021 | GOTU | Buy Now | Gaotu Techedu | $6.57 | 82.65% | Citigroup | Mark Li | — | Downgrade | Buy → Sell | Get Alert |
06/02/2021 | GOTU | Buy Now | GSX Techedu | $6.57 | 204.41% | Goldman Sachs | Christine Cho | — | Downgrade | Buy → Neutral | Get Alert |
05/10/2021 | GOTU | Buy Now | GSX Techedu Inc. American Depositary Shares | $6.57 | 349.01% | Nomura | Jessie Xu | — | Upgrade | Reduce → Neutral | Get Alert |
The latest price target for Gaotu Techedu (NYSE: GOTU) was reported by CLSA on February 28, 2024. The analyst firm set a price target for $8.65 expecting GOTU to rise to within 12 months (a possible 31.66% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Gaotu Techedu (NYSE: GOTU) was provided by CLSA, and Gaotu Techedu upgraded their outperform 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 February 28, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
While ratings are subjective and will change, the latest Gaotu Techedu (GOTU) rating was a upgraded with a price target of $0.00 to $8.65. The current price Gaotu Techedu (GOTU) is trading at is $6.57, which is within the analyst’s predicted range.
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