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IDP Education Ltd. ( (AU:IEL) ) just unveiled an update.
IDP Education Limited has announced a voluntary shift in its revenue recognition accounting policy for student placement services, aligning practices across all jurisdictions with census dates. This change, effective for FY26 reporting and FY25 restatements, aims to reflect evolving performance obligations, including increased student support, but will also impact reported financials by delaying revenue recognition in some regions, influencing earnings and equity figures, while reaffirming its FY26 EBIT guidance.
The most recent analyst rating on (AU:IEL) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.
More about IDP Education Ltd.
IDP Education Limited (IDP) is a global leader in international student placement and co-owner of the IELTS English language test. With expertise in education consulting and language training, IDP partners with over 1,000 institutions worldwide, supporting students in Australia, Canada, Ireland, New Zealand, the UK, and the USA to achieve their academic and professional goals.
Average Trading Volume: 2,217,709
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.51B
See more insights into IEL stock on TipRanks’ Stock Analysis page.