Guosheng Securities Inc. released a research report stating that NEW ORIENTAL-S (09901) has a solid foundation in its education business. Starting from Q2, management has provided optimistic guidance for its K12 education segment and profit margins. The firm adjusted its earnings forecasts, projecting Non-GAAP net profits attributable to shareholders of $568 million, $642 million, and $707 million for FY2026-2028, representing year-on-year growth of 9.7%, 13.2%, and 10.0%, respectively. The "Buy" rating was maintained.

The report noted that in FY2026 Q1 (June 1, 2025–August 31, 2025), the company achieved net revenue of $1.523 billion (YoY +6.1%), exceeding the previous quarter's guidance ($1.464–$1.507 billion). Operating profit stood at $311 million (YoY +6.0%), while net profit attributable to shareholders was $241 million (YoY -1.9%). Non-GAAP net profit attributable to shareholders reached $258 million (YoY -1.6%).

On July 29, the company approved a three-year shareholder return plan, committing to allocate no less than 50% of the prior fiscal year's net profit attributable to shareholders for shareholder returns starting from FY26. To implement this plan, on October 28, the company announced an approved cash dividend distribution of approximately $190 million and a share repurchase program of up to $300 million over the next 12 months.