Do Analysts Expect Gaotu Techedu Inc (GOTU) Stock to Rise After It Is Up 8.30% in a Month?

InvestorsObserver is giving Gaotu Techedu Inc (GOTU) an Analyst Rating Rank of 1, meaning GOTU is ranked higher by analysts than 1% of stocks. The average price target for GOTU is $2.3 and analyst’s rate the stock as a Sell.

Wall Street analysts are rating GOTU a Sell today. Find out what this means to you and get the rest of the rankings on GOTU!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Gaotu Techedu Inc Stock Today?

Gaotu Techedu Inc (GOTU) stock is up 4.39% while the S&P 500 has fallen -0.02% as of 10:09 AM on Friday, Nov 17. GOTU is up $0.12 from the previous closing price of $2.62 on volume of 231,717 shares. Over the past year the S&P 500 is up 14.21% while GOTU is up 149.09%. GOTU earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 81.5. Click Here to get the full Stock Report for Gaotu Techedu Inc stock.