Youdao (NYSE:DAO): Is the Recent Share Price Rally Supported by Current Valuation?
Youdao (NYSE:DAO) shares are catching some attention today as investors revisit the company’s recent performance in light of shifting trends within the online education sector. The stock has moved about 7% higher in the last day, which has sparked conversation around its momentum.
See our latest analysis for Youdao.
After a pronounced dip last month, Youdao’s share price has bounced back with a sharp 7% gain on the day and a year-to-date share price return of nearly 35%. Long-term investors have enjoyed an even better ride, with the company posting an impressive 85% total shareholder return over the past year. This suggests growing confidence in its turnaround and growth narrative.
If Youdao’s recent surge has you thinking bigger,…
