The current average analyst rating on the shares is buy, with 6 strong buy or buy ratings, 1 hold, and no sell or strong sell ratings.
Wall Street's median 12-month price target for Youdao Inc is $13.50, about 18.9% below its August 19 closing price of $16.65.
The stock recently traded at next 12-month earnings, versus a P/E of three months ago.
The company did not provide specific guidance for the current quarter or full year in the press release.
| Metric | Actual |
|---|---|
| Q2 Gross Margin | 48.90% |
| Q2 Gross Profit | RMB 716.90 million |
| Q2 Income from Operations | RMB 111.50 million |
| Q2 Operating Expenses | RMB 605.30 million |
China AI learning and advertising provider's Q2 revenue rose 3.5% year over year, led by learning services.
Operating profit nearly tripled year over year, with improved gross margin.
The company repurchased 7.5 million ADSs under its buyback program and appointed a new director to the board.
