NetEaseNTES
NTES
About: NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).
Employees: 29,128
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.08% more ownership
Funds ownership: 2.09% [Q2] → 2.17% (+0.08%) [Q3]
1% less capital invested
Capital invested by funds: $6.45B [Q2] → $6.38B (-$70M) [Q3]
3% less call options, than puts
Call options by funds: $223M | Put options by funds: $228M
6% less funds holding
Funds holding: 383 [Q2] → 359 (-24) [Q3]
19% less funds holding in top 10
Funds holding in top 10: 16 [Q2] → 13 (-3) [Q3]
29% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 63
35% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 155
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$105
4%
upside
Avg. target
$113
12%
upside
High target
$122
21%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
B of A Securities Eddie Leung 29% 1-year accuracy 2 / 7 met price target | 21%upside $122 | Buy Maintained | 15 Jan 2025 |
Morgan Stanley Alex Poon 50% 1-year accuracy 3 / 6 met price target | 7%upside $108 | Overweight Upgraded | 8 Jan 2025 |
Citigroup Alicia Yap 51% 1-year accuracy 18 / 35 met price target | 14%upside $115 | Buy Maintained | 15 Nov 2024 |
Benchmark Fawne Jiang 58% 1-year accuracy 32 / 55 met price target | 4%upside $105 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 5 articles about NTES published over the past 30 days
Positive
Zacks Investment Research
5 days ago
NetEase (NTES) Moves 8.2% Higher: Will This Strength Last?
NetEase (NTES) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Neutral
PRNewsWire
1 week ago
Youdao Dictionary Pen Unveils at CES 2025, Showcasing Cutting-Edge AI Innovations and Applications in Education
LAS VEGAS , Jan. 10, 2025 /PRNewswire/ -- Youdao, a leading intelligent learning company in China, is showcasing its AI-equipped smart device, the Youdao Dictionary Pen X7 series, at the International Consumer Electronics Show (CES 2025).This event showcases the strength of 'Chinese AI' in the field of educational technology to a global audience. The Youdao booth attracted significant attention at the exhibition.
Positive
MarketBeat
3 weeks ago
Power Up: Gaming Industry Expansion Fuels Stock Opportunities
The gaming industry is experiencing explosive growth, fueled by rapid technological advancements and soaring consumer demand. Valued at $220 billion in 2024, the gaming sector is projected to reach $260 billion by 2026.
Positive
Zacks Investment Research
3 weeks ago
NetEase Rises 7% in a Month: Is the Stock a Portfolio Must Have?
NTES' strong portfolio, backed by continuous efforts to enhance its offerings, demonstrates solid growth prospects, making the stock an attractive buy.
Positive
Seeking Alpha
4 weeks ago
NetEase: The Chinese Stock In The Right Industry At The Right Price
The developer of newly released Marvel Rivals is trading at a cheap valuation despite the successful launch of their popular title in December. NetEase is trading at an 8.8x TTM free cash flow to enterprise value. As of Q3 2024, NetEase had ~$18.6 billion in cash and short-term investments with less than ~$1.6 billion in debt.
Positive
Zacks Investment Research
1 month ago
NetEase (NTES) Upgraded to Strong Buy: Here's What You Should Know
NetEase (NTES) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
Best Momentum Stock to Buy for December 19th
NTES, PLAB and SEIC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 19, 2024.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for December 16th
ZIM, NTES and WTBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 16, 2024.
Neutral
PRNewsWire
1 month ago
Netease Cloud Music Expands Galaxy Album Writing Camp's Reach with Global Talent
HANGZHOU, China , Dec. 11, 2024 /PRNewswire/ -- Netease Cloud Music's (NCM) Galaxy Album Writing Camp, a premier songwriting initiative, established to support domestic music artists, has expanded to embrace international music artists and songwriters aiming to enhance cross-market collaborations and cultural exchange. Into its 10th season, the Galaxy Album Writing Camp brought together talented songwriters and producers from around the world for intensive writing sessions held at the China Musical Techno Base in Xiaoshan, Hangzhou from Dec 2, 2024.
Positive
Zacks Investment Research
1 month ago
NetEase (NTES) Crossed Above the 200-Day Moving Average: What That Means for Investors
From a technical perspective, NetEase (NTES) is looking like an interesting pick, as it just reached a key level of support. NTES recently overtook the 200-day moving average, and this suggests a long-term bullish trend.
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