NetEase, Inc. (NTES)
|Net Income (ttm)||1.84B|
|Ex-Dividend Date||Sep 13, 2021|
|Day's Range||94.31 - 96.70|
|52-Week Range||77.76 - 133.55|
|Price Target||111.29 (+16.5%)|
|Est. Earnings Date||Nov 18, 2021|
NetEase, Inc. provides online services focusing on gaming, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Games Services, Youdao, 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; smart devices, such as Youdao Smart Pen, Youdao Dictionary Pen, Youdao Pocket Translator, and Youdao Cl... [Read more...]
In 2020, NetEase's revenue was 73.67 billion, an increase of 24.35% compared to the previous year's 59.24 billion. Earnings were 12.06 billion, a decrease of -43.20%.Financial numbers in millions CNYFinancial Statements
According to 28 analysts, the average rating for NetEase stock is "Buy." The 12-month stock price forecast is 111.29, which is an increase of 16.46% from the latest price.
NetEase's stock rose by 8.3% in the last twenty-one trading days. In comparison, the broader S&P500 index declined by 2.5% over the same period.
An important strategy shift from a subsidiary is pleasing analysts and bringing back bullish investors.
Kepler Interactive, a game publisher co-owned and run by developers, on Tuesday said it got $120 million in funding from Chinese gaming firm NetEase Inc.
Despite beating the number in three of the last four quarters, estimates are falling for this stock
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Chinese gaming firm NetEase Inc (NASDAQ: NTES) scrapped some of its studios and projects started in early September amid China's video gaming sector regulatory crackdown, SCMP reports.
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Chinese regulators are temporarily halting approvals for new online games, delivering a big blow to Tencent Holdings Ltd (OTC: TCEHY), NetEase Inc (NASDAQ: NTES), Bilibili Inc (NASDAQ: BILI), Bloomberg ...
Chinese regulators summoned Tencent and NetEase on Wednesday, telling them to resolutely enforce the government's latest minor-protection rules and overhaul potential addictive gameplay.
Chinese regulators have summoned companies to demand they play down profits and further clamp down on how minors can play video games, just days after children in the country were banned from access dur...
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Chinese regulators called in Tencent, NetEase and other game companies for an interview reminding them of restrictions on game time for children.