New Oriental Education & Technology Group’s ADS are moving up as investors digest a fresh beat-and-raise quarter and a renewed push on capital returns. For fiscal Q3 2026 (ended Feb. 28, 2026), the company reported net revenues of $1.417B (+19.8% year over year) and net income per ADS of $0.80, alongside higher profitability metrics versus last year. (investor.neworiental.org)

Alongside the quarter, management lifted its FY2026 revenue outlook to $5.561B–$5.599B (13%–14% year-over-year growth), a key support for the stock after recent volatility in China consumer/education names. The board also approved the second installment of its FY2026 ordinary dividend at $0.60 per ADS, with holders of record as of May 15, 2026 and expected ADS payment around June 5, 2026—keeping attention on yield and buybacks as part of a multi-year return plan. (investor.neworiental.org)

New Oriental’s repurchase program remains a near-term support: as of April 21, 2026, it had repurchased about 3.3M ADSs for roughly $184.3M under its $300M authorization, leaving meaningful capacity if management continues to buy stock on weakness. Liquidity remains sizable, with cash and cash equivalents of $1.783B plus term deposits and short-term investments cited in the same update, giving the company flexibility for buybacks, dividends, and product investment. (investor.neworiental.org)

Traders will likely focus on whether management’s momentum carries into the fiscal Q4 period (March 1, 2026 to May 31, 2026) and whether cost controls translate into sustained margin gains. Any incremental updates on AI-driven product initiatives and progress across new education initiatives could further shape sentiment, especially as investors weigh growth quality and cash-return discipline in U.S.-listed China ADRs. (investor.neworiental.org)