Gaotu Techedu (GOTU) Shares Rise Ahead of Earnings Announcement

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Feb 18, 2025

Gaotu Techedu (GOTU, Financial) shares increased by 4.4%, reaching $2.38 in pre-market trading. The company is set to announce its financial results for the fourth quarter and full year of 2024 on February 26, 2025.

Recently, BOCOM International raised its forecast for Gaotu's Q4 2024 collections and revenue by 11% and 4%, respectively. This adjustment is due to better-than-expected retention rates and return on investment in new student acquisitions. Additionally, the K12 segment has shown robust growth. Looking ahead, BOCOM International anticipates a 27% increase in collections and a 26% rise in revenue for 2025.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.