Greenridge Global set USD 10.00 target for 17 Education & Technology Group stock

Published on 10/16/2026 at 00:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Greenridge Global set a USD 10.00 target on September 17, 2026. 17 Education & Technology Group stock grew revenue 254.60 percent in the second quarter.

Profit recovery and valuation

Greenridge Global set a USD 10.00 target on September 17, 2026.
Second-quarter revenue reached RMB 90.1 million, up 254.60 percent year over year.
YQ traded at USD 3.40 on Nasdaq on October 15, 2026, within a USD 1.68 to USD 6.45 52-week range.

YQ, US81807M3043, Illustration mit AI erstellt.

17 Education & Technology Group (ISIN US81807M3043) received a USD 10.00 price target from Greenridge Global on September 17, 2026, when the analyst began coverage with a Buy rating, according to Investing.com. The target was set against YQ's latest reported recovery in quarterly revenue and profitability.

Quarterly revenue changed the story

For the second quarter of 2026, revenue reached RMB 90.1 million, a 254.60 percent increase from the prior-year quarter. Net income was RMB 1.1 million, compared with a RMB 26.0 million loss in the second quarter of 2025, while gross margin reached 69.2 percent, according to Investing.com. Standardized financial data put second-quarter gross profit at RMB 62.32 million and total assets at RMB 593.92 million as of June 30, 2026.

The comparison matters because first-quarter revenue was RMB 99.45 million and net income was negative RMB 19.36 million. The second-quarter figures therefore show a shift from a quarterly loss to a small profit, although the revenue sequence still requires attention.

What does the USD 10.00 target mean?

The target lies 194.12 percent above the USD 3.40 last price on Nasdaq on October 15, 2026 at 4:00 p.m. ET. That valuation gap is the clearest market test for the recovery narrative, while the 69.2 percent gross margin provides the operating figure behind the analyst view.

Three dated developments shape the picture

17 Education & Technology Group announced a USD 10.00 million share buyback on September 3, 2026, according to RTTNews. The September 17 analyst initiation followed the second-quarter figures, and the company describes its business as an AI-powered education application service provider in China, focused on personalized learning solutions, according to 17 Education & Technology Group.

Stock stays inside its yearly range

YQ was last at USD 3.40 on Nasdaq on October 15, 2026 at 4:00 p.m. ET. Its 52-week range was USD 1.68 to USD 6.45, placing the latest price 47.29 percent below the high and 102.38 percent above the low. The company serves education authorities, schools, teachers, students and parents through digital teaching, learning and assessment products.