NetEase, Inc. (NTES)

NASDAQ: NTES · IEX Real-Time Price · USD
88.38
-2.31 (-2.55%)
At close: Mar 29, 2023, 4:00 PM
87.41
-0.97 (-1.10%)
Pre-market: Mar 30, 2023, 8:00 AM EDT
-2.55%
Market Cap 58.05B
Revenue (ttm) 13.84B
Net Income (ttm) 2.92B
Shares Out 656.80M
EPS (ttm) 4.43
PE Ratio 20.28
Forward PE 14.31
Dividend $1.39 (1.57%)
Ex-Dividend Date Mar 8, 2023
Volume 10,879
Open 88.75
Previous Close 90.69
Day's Range 87.42 - 88.89
52-Week Range 53.09 - 108.77
Beta 0.49
Analysts Buy
Price Target 111.58 (+26.25%)
Earnings Date Feb 23, 2023

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]

IPO Date Jun 30, 2000
Employees 32,064
Stock Exchange NASDAQ
Ticker Symbol NTES
Full Company Profile

Financial Performance

In 2022, NetEase's revenue was 96.50 billion, an increase of 10.15% compared to the previous year's 87.61 billion. Earnings were 20.34 billion, an increase of 20.65%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 37 analysts, the average rating for NTES stock is "Buy." The 12-month stock price forecast is $111.58, which is an increase of 26.25% from the latest price.

Price Target
$111.58
(26.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cloud Music Inc. Amplifies C-Pop Content with Extended Rock Records Partnership

HANGZHOU, China , March 30, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced...

8 hours ago - PRNewsWire

7 Hot Gaming Stocks to Invest in Now

For this column, I will define “hot gaming stocks” as companies in the gambling and video-game sectors that have positive momentum. In the U.S., gambling stocks are generally poised to generate strong...

Other symbols: CZRLVSBILIMGMMLCO
4 days ago - InvestorPlace

Does NetEase (NTES) Have the Potential to Rally 33.54% as Wall Street Analysts Expect?

The consensus price target hints at a 33.5% upside potential for NetEase (NTES). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate ...

1 week ago - Zacks Investment Research

China to import 27 new video games, including Tencent, NetEase titles

China's online gaming regulator on Monday granted licences to 27 foreign games in March including titles to be published by Tencent Holdings and NetEase.

Other symbols: TCEHY
1 week ago - Reuters

NetEase Showcases a Diverse Slate of Presentations at GDC 2023

Over 20 NetEase Games experts have been shortlisted to present at GDC this year, delivering more than 16 talks across the Core Concepts and Summits sessions. Presentations from NetEase Games sessions ...

2 weeks ago - PRNewsWire

Are China Internet Stocks Set Up To Rally In The Second Quarter?

Chinese Internet stocks are behaving like an unruly group of children rather than marching together in unison. E-commerce platform PDD Holdings Inc. (NASDAQ: PDD) is among large-cap price leaders.

Other symbols: BABABIDUMCHIPDDTCEHY
3 weeks ago - MarketBeat

Cloud Music Inc. Reports Fiscal Year 2022 Financial Results

HANGZHOU, China , Feb. 23, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...

1 month ago - PRNewsWire

Youdao Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

HANGZHOU, China , Feb. 23, 2023 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading technology-focused intelligent learning company in China, today announced its unaudited ...

Other symbols: DAO
1 month ago - PRNewsWire

Why Earnings Season Could Be Great for NetEase (NTES)

NetEase (NTES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Cloud Music Inc. to Report Fiscal Year 2022 Financial Results on February 23

HANGZHOU, China , Feb. 16, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced ...

1 month ago - PRNewsWire

China's tech giants are launching ChatGPT clones — and Beijing is watching closely

Chinese technology giants from Alibaba to Baidu have announced their intentions to launch ChatGPT-style products.

Other symbols: BABABIDUJD
1 month ago - CNBC

Chinese companies announce competitors to ChatGPT

CNBC's Eunice Yoon joins 'Power Lunch' to report on Chinese efforts to ramp up artificial intelligence technology.

Other symbols: BABABIDUJDTME
1 month ago - CNBC Television

China stocks and ETFs drop after the US shoots down suspected spy balloon, raising tensions between the economic superpowers

The "damage has been done on the geopolitical front" between the US and China, one analyst said after the US destroyed China's high-altitude balloon.

Other symbols: BABABIDUJDKWEBMCHI
1 month ago - Business Insider

Wall Street Analysts Predict a 26.69% Upside in NetEase (NTES): Here's What You Should Know

The mean of analysts' price targets for NetEase (NTES) points to a 26.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts...

1 month ago - Zacks Investment Research

Youdao to Report Fourth Quarter and Fiscal Year 2022 Financial Results on February 23

HANGZHOU, China , Feb. 2, 2023 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading technology-focused intelligent learning company in China, today announced that it will re...

Other symbols: DAO
2 months ago - PRNewsWire

7 Cheap Chinese Stocks to Buy Before the Rebound

Years after the devastating coronavirus pandemic capsized global economies, China finally made the decision to reopen its economy, thus presenting possible opportunities in cheap Chinese stocks to buy...

Other symbols: ATHMDQFINVMOMONOAHVIPS
2 months ago - InvestorPlace

These 3 Tech Stocks Are Already up 15% In 2023

With sentiment slowly shifting following better-than-expected inflation data over the last several weeks, buyers have finally returned to the Technology sector after a long hibernation. Can the hot st...

Other symbols: CRMJBL
2 months ago - Zacks Investment Research

How Much Upside is Left in NetEase (NTES)? Wall Street Analysts Think 27.24%

The average of price targets set by Wall Street analysts indicates a potential upside of 27.2% in NetEase (NTES). While the effectiveness of this highly sought-after metric is questionable, the positi...

2 months ago - Zacks Investment Research

China's NetEase criticizes Blizzard offer as unequal, unfair

China games company NetEase Inc. has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, calling th...

Other symbols: ATVI
2 months ago - TechXplore

Shares of Tencent, NetEase rise as China gaming crackdown ends

Shares of Tencent Holdings , the world's largest gaming company, and smaller rival NetEase Inc rose on Wednesday after China's video games regulator granted the first gaming licences in 2023, further ...

Other symbols: TCEHY
2 months ago - Reuters

Activision Says NetEase Rejected Offer to Extend China Licensing Partnership

Activision Blizzard said it is in talks with several videogame firms to find a new partner in China.

Other symbols: ATVI
2 months ago - WSJ

China approves 88 games in January, including titles by Tencent and NetEase

China's video games regulator on Tuesday granted publishing licences to 88 online games, including titles belonging to Tencent Holdings Ltd , NetEase Inc and miHoYo.

Other symbols: TCEHY
2 months ago - Reuters

Blizzard says China's NetEase rejects proposal to extend partnership for six months

Activision Blizzard , the U.S. video game giant behind hit franchise Warcraft, said on Tuesday that its Chinese publisher NetEase had turned down a proposal to extend their partnership for six months.

Other symbols: ATVI
2 months ago - Reuters

China's NetEase buys gaming studio involved in major titles including Halo Infinite and Minecraft

NetEase has ramped up its international expansion efforts in gaming over the last two years as China's domestic market has slowed amid tougher regulation.

2 months ago - CNBC

Why Futu Holdings And NetEase Shares Are Trading Higher

Futu Holdings Ltd FUTU and NetEase Inc NTES shares are trading higher Wednesday morning. Shares of Chinese companies at large are trading higher after Chinese regulators reportedly approved a capital ...

Other symbols: FUTU
3 months ago - Benzinga