Huatai Securities maintains a "buy" rating on Dao (DAO.US) with a target price of $12.46.

According to the APP of the Securities Times, recently, NetEase Youdao (DAO.US) released its third-quarter financial report for 2025, achieving profitability for five consecutive quarters, with operating profit in the first three quarters increasing by nearly 150% year-on-year. Huatai Securities maintains a "buy" rating for Youdao in its latest research report, setting a target price of $12.46, pointing out that the company's advertising business is accelerating growth, AI subscription services are performing well, and profitability quality and growth momentum continue to improve.