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An announcement from iCollege Ltd. ( (AU:NXD) ) is now available.
NextEd Group’s 2025 Annual General Meeting highlighted the company’s strategic reset and growth plans. Despite a challenging fiscal year with a net loss due to non-cash impairments, NextEd improved its cash flow and strengthened its financial position. The company is poised for disciplined growth, focusing on expanding its course portfolio in high-demand areas and leveraging its collaboration with OpenAI to lead in AI-enabled education. The sector’s improving conditions and NextEd’s strong operational foundations position it well for future success, although challenges like high visa fees for short-term students remain.
The most recent analyst rating on (AU:NXD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.
More about iCollege Ltd.
NextEd Group is one of Australia’s largest private education providers, offering a wide range of courses across English language, vocational, and higher education sectors. With campuses in major Australian cities and recruitment offices worldwide, NextEd focuses on industries such as business, technology, design, hospitality, health, and community services, aiming to empower students with skills and knowledge for career and personal growth.
Average Trading Volume: 424,183
Technical Sentiment Signal: Hold
Current Market Cap: A$88.98M
See more insights into NXD stock on TipRanks’ Stock Analysis page.