NetEase, Inc. (NTES)
| Market Cap | 58.26B |
| Revenue (ttm) | 14.59B |
| Net Income (ttm) | 4.15B |
| Shares Out | 627.38M |
| EPS (ttm) | 6.25 |
| PE Ratio | 14.79 |
| Forward PE | 12.32 |
| Dividend | $2.56 (2.76%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 384,428 |
| Open | 92.39 |
| Previous Close | 92.50 |
| Day's Range | 92.15 - 93.43 |
| 52-Week Range | 80.79 - 118.90 |
| Beta | 0.56 |
| Analysts | Strong Buy |
| Price Target | 126.33 (+36.01%) |
| Earnings Date | May 23, 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 $126.33, which is an increase of 36.01% from the latest price.
News
Microsoft Could Get Boost From NetEase Deal Returning 'StarCraft' and Other Games to China
Microsoft (MSFT) and NetEase (NTES) announced a renewed publishing deal that would bring "World of Warcraft" and other popular video games back to China.
Microsoft Scores Win Bringing Diablo IV and Other Videogames Back to China
Blizzard Entertainment has reached an agreement with China's NetEase to bring its videogame titles back to the mainland Chinese market this summer. It's a boost for Microsoft, the new owner of Blizzar...
Blizzard renews agreement with NetEase to bring games back to China
Blizzard Entertainment announced that its games will return to China this summer thanks to a renewal of its publishing agreement with NetEase Games.
Blizzard Videogames to Return to China in New NetEase Deal
Blizzard Entertainment will collaborate with China's NetEase to bring its blockbuster game titles back to the mainland Chinese market this summer.
Microsoft and NetEase to re-launch Warcraft game in China, ending feud
Chinese video games giant NetEase said it is working with Microsoft to bring popular games including "World of Warcraft" back to the country after a public fallout that ended a decade-long partnership...
Blizzard Entertainment and NetEase Renew Agreement to Bring Beloved Titles Back to China; Microsoft Gaming, NetEase Enter Broader Collaboration
IRVINE, Calif. & REDMOND, Wash. & HANGZHOU, China--(BUSINESS WIRE)--Beloved video game titles from Blizzard Entertainment that captivated millions of players in China will return to the market sequent...
Cloud Music Inc. Reports Fiscal Year 2023 Financial Results
HANGZHOU, China , Feb. 29, 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 Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
HANGZHOU, China , Feb. 29, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its una...
Cloud Music Inc. to Report Fiscal Year 2023 Financial Results on February 29, 2024
HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that it will re...
Youdao to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 29
HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it ...
Chinese stocks struggle as government tries to stabilize markets
China's stocks have endured serious declines, with the median stock down over 20% amid government missteps in stabilizing markets. Beijing has been pursuing a piecemeal strategy to inject stimulus int...
Alibaba and China Stocks Rebound on Stimulus Report and Tech Rule Moves
Chinese stocks surged on Tuesday amid reports of mooted stimulus plans and a sign that tough draft tech rules could be eased.
China quietly pulls draft gaming rules from website
Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local tit...
China regulator removes draft video game rules from website; shares jump
China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a m...
Tencent And NetEase Stocks Continue To Rebound As China Reportedly Ousts Official Who Proposed New Gaming Restrictions
The Chinese government has ousted a top official in charge of regulating the country's gaming industry, according to reports, in a likely effort to stem the damage from a stock market rout over propos...
China's gaming stocks climb on report regulatory official removed
Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.
NetEase, Tencent shares rebound after China voices support for gaming industry
Recently beaten-down China online gaming stocks rebounded on Wednesday in Hong Kong on news of a more conciliatory tone on the sector by the country's top gaming regulator.
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Tencent, NetEase shares rebound after China regulator's assurance on new rules
Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country's top gaming regulator said it will “carefully study” the concerns of all stakeholders o...
Top 3 Tech And Telecom Stocks That Could Blast Off In December - NetEase (NASDAQ:NTES), Charge Enterprises (NASDAQ:CRGE)
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
China's potential new gaming rules will hit smaller developers more, analyst says
China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.
Shares Of Tencent And NetEase Nosedive After China Proposes New Online Gaming Restrictions
A Chinese government regulator released new draft regulations targeting spending and engagement on online games on Friday, causing listed shares of major domestic gaming giants to crater amid fears of...
China to curb gaming spend; Tencent, NetEase plunge
HONG KONG, Dec 22 (Reuters) - Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games...
NetEase sinks 20%, Tencent 11% after China proposes new rules for online gaming companies
Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards in online gaming.