NetEase, Inc. (NTES)

NASDAQ: NTES · IEX Real-Time Price · USD
93.60
+2.74 (3.02%)
At close: Jun 24, 2022 4:00 PM
94.24
+0.64 (0.68%)
After-hours: Jun 24, 2022 7:36 PM EDT
3.02%
Market Cap 61.62B
Revenue (ttm) 14.16B
Net Income (ttm) 2.63B
Shares Out 658.36M
EPS (ttm) 3.75
PE Ratio 24.96
Forward PE 19.65
Dividend $1.19 (1.27%)
Ex-Dividend Date Jun 7, 2022
Volume 2,026,987
Open 92.83
Previous Close 90.86
Day's Range 91.93 - 93.71
52-Week Range 68.62 - 118.19
Beta 0.41
Analysts Buy
Price Target 130.22 (+39.1%)
Earnings Date May 24, 2022

About NTES

NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. 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 support translation... [Read more...]

Industry Entertainment
IPO Date Jun 30, 2000
CEO Lei Ding
Employees 32,064
Stock Exchange NASDAQ
Ticker Symbol NTES
Full Company Profile

Financial Performance

In 2021, NetEase's revenue was 87.61 billion, an increase of 18.92% compared to the previous year's 73.67 billion. Earnings were 16.86 billion, an increase of 39.74%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for NTES stock is "Buy." The 12-month stock price forecast is 130.22, which is an increase of 39.12% from the latest price.

Price Target
$130.22
(39.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Red Flags for NetEase's Future

The Chinese gaming giant faces a lot of near-term headwinds.

Gaming giant NetEase plunges nearly 7% after it delays release of Diablo Immortal in China

NetEase and Blizzard's move comes at a tough time for China's gaming sector which is only just emerging for a months-long freeze of approvals from regulators.

Cloud Village Inc. Enters Licensing Agreement with TF Entertainment

HANGZHOU, China , June 20, 2022 /PRNewswire/ -- Cloud Village Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...

NetEase delays Diablo Immortal's China launch, shares tumble

Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch, a move that comes just after the game's official account on Weib...

NetEase Games Announced Industry Veteran Emile Liang to Join its Montréal Studio

HANGZHOU, China , June 16, 2022 /PRNewswire/ -- NetEase Games, the online games division of NetEase, Inc. (NASDAQ: NTES, HKEX: 9999), is excited to announce the appointment of Emile Liang as a Lead Prod...

NetEase offers a rare chance in an overheating economy

NetEase Inc (HKG:09999) is a rare tech stock this year. The stock has a year-to-date return of 4.48%, despite the bruises that other tech giants have suffered.

KraneShares: Confident the worst is over for Chinese tech companies on the regulatory front

Brendan Ahern, CIO at KraneShares, discusses whether signs China's regulatory crackdown on tech giants is easing opens up the door for investors to jump back into the sector.

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Cloud Village Inc. Adds Expansive K-Pop Portfolio with SM Entertainment Agreement

HANGZHOU, China , June 10, 2022 /PRNewswire/ -- Cloud Village Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...

3 Chinese Companies That Will Rise As Lockdowns Ease In China

Some Chinese companies have already rebounded.

Other symbols: BABABIDU

NetEase Shares Gain Post Q1 On Solid Contributions From Steady Online Game Services

NetEase, Inc (NASDAQ: NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew 15.3% Y/Y to $2.7 billion.

Cloud Village Inc. Announces Results for 2022 First Quarter

HANGZHOU, China, May 24, 2022 /PRNewswire/ -- Cloud Village Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced it...

3 Chinese Stocks to Buy in May 2022

These Chinese stocks to buy represent the crème de la crème and are likely to be excellent long-term bets. The post 3 Chinese Stocks to Buy in May 2022 appeared first on InvestorPlace.

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Cloud Village Inc. to Report First Quarter 2022 Financial Results on May 24

HANGZHOU, China , May 10, 2022 /PRNewswire/ -- Cloud Village Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced t...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NetEase, Inc. - NTES

New York, New York--(Newsfile Corp. - May 9, 2022) - Pomerantz LLP is investigating claims on behalf of investors of NetEase, Inc. ("NetEase" or the "Company") (NASDAQ: NTES). Such investors are advised...

China's gaming giant NetEase opens first US studio in Austin

NetEase, the second-largest gaming company in China and the sixth-largest in the world, has opened its first US-based studio in Austin as China's gaming industry slows. The company's archrival Tencent w...

Chinese tech giant NetEase launches first gaming studio in U.S. in international push

The studio, called Jackalope Games, is based in Austin, TX and will be tasked with creating new PC and console games for NetEase.

NetEase Games Launches First Studio in the U.S.

NetEase Games is launching its first-ever first-party studio in the United States, with creative freedom and funding to create incredible new games! GUANGZHOU, China, May 5, 2022 /PRNewswire/ -- NetEase...

Youdao Filed 2021 Annual Report on Form 20-F

HANGZHOU, China , April 28, 2022 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading intelligent learning company in China, today announced that the Company had filed its ann...

Other symbols: DAO

NetEase's Cloud Music sues Tencent Music for alleged unfair competition

NetEase's Cloud Music unit said on Wednesday it has initiated legal proceedings against Tencent Music Entertainment (TME), alleging unfair competition.

Other symbols: TCEHYTME

3 Undervalued Chinese Stocks Worth Considering

Chinese stocks recently saw panic selling amid concerns about several issues. Contrarian investors should review undervalued Chinese stocks.

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11 Emerging Market Stocks That Analysts Love

Right now, it's easy to be down on the global stock market. While the U.S. market is off about 7% so far in 2022, emerging market stocks are about 10% lower than where they were to start the year.

Why Bilibili and NetEase Shares Are Trading Higher Today

XD Inc has won a publishing license for its title "Party Star" in one of China's first approvals of a game since July last year, Reuters reports. The National Press and Publication Administration soon l...

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Chinese gaming stocks jump as regulator approves new titles after months-long freeze

Shares of NetEase, Bilibili and other Chinese gaming stocks were higher after regulators approved the first batch of games for monetization since July 2021.

Other symbols: BILIDOYUHUYATCEHY

NetEase Games Developer Summit 2022 Event Begins on April 18

The NetEase Games Developer Summit 2022 event will be held from April 18-21. The event will bring together industry experts to share their knowledge and insights on a number of exciting video game devel...

Are Investors Bullish On Chinese Stocks Again?

A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullis...

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