Nomura analyst Jessie Xu maintained a Buy rating on Youdao (NYSE:DAO) on Friday, setting a price target of $42, which is approximately 31.21% above the present share price of $32.01.
Xu expects Youdao to post earnings per share (EPS) of -$7.79 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Youdao, with an average price target of $42.
The analysts price targets range from a high of $42 to a low of $42.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $896.04 million and a net profit of -$894 million. The company's market cap is $3.74 billion.
According to TipRanks.com, Nomura analyst Jessie Xu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 20.7% and a 82.61% success rate.
Youdao, Inc. engages in the provision of learning content, applications, and solutions. It operates through the Learning Services and Products; and Online Marketing Services segments. The Learning Services and Products segment offers online courses such as Youdao Premium Courses, NetEase (NASDAQ:NTES) Cloud Classroom, and China University MOOC. The Online Marketing Services segment involves in the development of different formats of advertising solutions. The company was founded in March 2006 and is headquartered Hangzhou, China.