NetEase, Inc. (NTES)

NASDAQ: NTES · IEX Real-Time Price · USD
89.94
-0.48 (-0.53%)
At close: Apr 17, 2024, 4:00 PM
90.92
+0.98 (1.09%)
Pre-market: Apr 18, 2024, 7:28 AM EDT
-0.53%
Market Cap 56.43B
Revenue (ttm) 14.59B
Net Income (ttm) 4.15B
Shares Out 627.38M
EPS (ttm) 6.25
PE Ratio 14.44
Forward PE 12.32
Dividend $2.56 (2.85%)
Ex-Dividend Date Mar 13, 2024
Volume 1,108,857
Open 90.09
Previous Close 90.42
Day's Range 89.19 - 90.40
52-Week Range 80.79 - 118.90
Beta 0.56
Analysts Strong Buy
Price Target 126.33 (+40.46%)
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]

IPO Date Jun 30, 2000
Employees 31,119
Stock Exchange NASDAQ
Ticker Symbol NTES
Full Company Profile

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 Statements

Analyst 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 40.46% from the latest price.

Price Target
$126.33
(40.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.

Other symbols: MSFT
7 days ago - Investopedia

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...

Other symbols: MSFT
7 days ago - Barrons

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.

Other symbols: MSFT
8 days ago - VentureBeat

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.

Other symbols: MSFT
8 days ago - WSJ

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...

Other symbols: MSFT
8 days ago - Reuters

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...

Other symbols: MSFT
8 days ago - Business Wire

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 ...

7 weeks ago - PRNewsWire

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...

Other symbols: DAO
7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

Other symbols: DAO
2 months ago - PRNewsWire

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...

2 months ago - Yahoo Finance

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.

Other symbols: BABAJDTCEHY
3 months ago - Barrons

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...

Other symbols: TCEHY
3 months ago - TechCrunch

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...

Other symbols: TCEHY
3 months ago - Reuters

Swinging With Bollinger Bands

While I typically focus on value investing, there is a swing trading strategy I like that uses a combination of GuruFocus' All-in-One Screener and Interactive Charts. This strategy involves a technica...

Other symbols: AONDISKONKESBUXTR
3 months ago - GuruFocus

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...

Other symbols: TCEHY
3 months ago - Forbes

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.

Other symbols: TCEHY
3 months ago - Reuters

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.

Other symbols: TCEHY
4 months ago - Market Watch

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

4 months ago - Market Watch

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...

Other symbols: TCEHY
4 months ago - CNBC

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.

Other symbols: VSME
4 months ago - Benzinga

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.

Other symbols: BILITCEHY
4 months ago - CNBC

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...

Other symbols: TCEHY
4 months ago - Forbes

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...

Other symbols: TCEHY
4 months ago - Reuters

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.

Other symbols: TCEHY
4 months ago - Market Watch