NetEase, Inc. (NTES)
| Market Cap | 55.85B |
| Revenue (ttm) | 15.07B |
| Net Income (ttm) | 3.92B |
| Shares Out | 3.20B |
| EPS (ttm) | 1.21 |
| PE Ratio | 14.24 |
| Forward PE | 11.14 |
| Dividend | $1.74 (1.99%) |
| Ex-Dividend Date | Sep 6, 2024 |
| Volume | 1,080,729 |
| Open | 86.54 |
| Previous Close | 85.68 |
| Day's Range | 85.89 - 87.61 |
| 52-Week Range | 75.85 - 117.47 |
| Beta | 0.80 |
| Analysts | Strong Buy |
| Price Target | 107.29 (+22.58%) |
| Earnings Date | Nov 14, 2024 |
About NTES
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; Cloud Music; and Innovative Businesses and Others segments. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company’s products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to ... [Read more]
Financial Performance
In 2023, NetEase's revenue was 103.47 billion, an increase of 7.23% compared to the previous year's 96.50 billion. Earnings were 29.42 billion, an increase of 44.64%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for NTES stock is "Strong Buy." The 12-month stock price forecast is $107.29, which is an increase of 22.58% from the latest price.
News
NetEase, Inc. (NTES) Q3 2024 Earnings Call Transcript
NetEase, Inc. (NASDAQ:NTES) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Brandi Piacente - Investor Relations William Ding - Founder, Director and Chief Executiv...
NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant's profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.
Youdao Reports Third Quarter 2024 Unaudited Financial Results
HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its una...
Youdao, Inc. to Hold Annual General Meeting on December 12, 2024
BEIJING , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will ho...
NetEase: Robust IP, Strong R&D, And An Attractive Price
NetEase has a strong history of developing successful games and maintaining profitability, with a focus on mobile-first gaming and robust intellectual property. The company demonstrates impressive net...
Youdao to Report Third Quarter 2024 Financial Results on November 14
HANGZHOU, China , Oct. 31, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it...
NetEase Cloud Music Acquires Exclusive 30-Day Premiere for Kakao Entertainment's Latest K-POP Hits in China
HANGZHOU, China , Oct. 23, 2024 /PRNewswire/ -- NetEase Cloud Music, a leading online music platform in China, has joined forces with Kakao Entertainment, a prominent South Korean entertainment compan...
Delek Logistics Partners, Futu Holdings, NetEase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.
Chinese Tech Stocks Slump as Nasdaq's Golden Dragon Index Dips
On Tuesday, major Chinese stocks experienced significant declines, leading to a 6.85% drop in the Nasdaq Golden Dragon China Index (HXC). Among those showing gains, Taiwan Semiconductor Manufacturing ...
NetEase (NTES) Stock Dips Amid Game Launch Issues in China
NetEase (NTES, Financial) shares experienced a significant decline in pre-market trading, dropping over 8.8% to $90.7. On the Hong Kong Stock Exchange, its shares closed with a decline of over 10.8%, ...
Mixed Performance for Chinese Stocks with HXC Index Down 2.37%
Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufa...
NetEase Inc (NTES) Trading 4.88% Higher on Oct 2
Shares of NetEase Inc (NTES, Financial) surged 4.88% in mid-day trading on Oct 2. The stock reached an intraday high of $103.78, before settling at $101.36, up from its previous close of $96.64.
NetEase releases gaming limits for children for upcoming holidays
NetEase Games on Monday released specific dates and time slots during which Chinese children will be permitted to play its video games during the upcoming Mid-Autumn Festival and National Day holidays...
NetEase: The Post-Q2 Sell-Off Is A Buying Opportunity
NetEase's Q2 showed top-line growth (+6.1% revenue, +11.6% gross profit) but a 17% drop in net income, leading to a 12% stock decline since my last analysis. AI-driven innovations and global expansion...
NetEase Stock Drops on Weaker-Than-Expected Profits
NetEase (NTES) American depository receipts (ADRs) tumbled as the company's second-quarter profit failed to meet expectations despite growing video game revenue.
NetEase, Inc. (NTES) Q2 2024 Earnings Call Transcript
NetEase, Inc. (NASDAQ:NTES) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Brandi Piacente - President, Piacente Financial Communications William Ding - Founder, Dir...
Cloud Music Inc. Reports First Half 2024 Financial Results
HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...
Youdao Reports Second Quarter 2024 Unaudited Financial Results
HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its una...
NetEase Q2 Earnings Preview: Great Games On The Horizon, Great Financial Position
NetEase, Inc. reports Q2 earnings pre-market on August 16th. Analysts expect $3.65B in revenue, $1.67 non-GAAP EPS, and $1.52 GAAP EPS. Expect updates on mobile games like Eggy Party and Naraka: Blade...
Cloud Music Inc. to Report First Half 2024 Financial Results on August 22, 2024
HANGZHOU, China , Aug. 5, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced that it will report its ...
Youdao to Report Second Quarter 2024 Financial Results on August 22
HANGZHOU, China , Aug. 5, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it ...
NetEase Cloud Music Partners with Timbaland's Beatclub™ to Revolutionise China's Beat Marketplace
HANGZHOU, China , July 17, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...
NetEase: Undervalued In The Near Term
NetEase's valuation contractions stem from lower growth expectations, but near-term alpha is possible if valuation multiple contractions are overextended. Regulatory pressures, economic conditions, an...
