Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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5 analysts have shared their evaluations of NetEase (NASDAQ:NTES) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 0 | 3 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for NetEase, presenting an average target of $105.4, a high estimate of $120.00, and a low estimate of $100.00. This current average has decreased by 9.91% from the previous average price target of $117.00.
The standing of NetEase among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
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Eddie Leung | B of A Securities | Lowers | Buy | $120.00 | $142.00 |
Thomas Chong | Jefferies | Lowers | Buy | $103.00 | $126.00 |
Alex Poon | Morgan Stanley | Maintains | Equal-Weight | $100.00 | $100.00 |
Alex Poon | Morgan Stanley | Maintains | Equal-Weight | $100.00 | $100.00 |
Jiong Shao | Barclays | Announces | Equal-Weight | $104.00 | - |
To gain a panoramic view of NetEase's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on NetEase analyst ratings.
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).
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Positive Revenue Trend: Examining NetEase's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.21% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Net Margin: NetEase's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 28.43% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): NetEase's ROE stands out, surpassing industry averages. With an impressive ROE of 6.07%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): NetEase's ROA excels beyond industry benchmarks, reaching 4.01%. This signifies efficient management of assets and strong financial health.
Debt Management: NetEase's debt-to-equity ratio is below the industry average at 0.2, reflecting a lower dependency on debt financing and a more conservative financial approach.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: NTES