NetEase (NASDAQ:NTES – Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 15th. Analysts expect NetEase to post earnings of $2.03 per share and revenue of $28.39 billion for the quarter.
NetEase (NASDAQ:NTES – Get Free Report) last issued its earnings results on Thursday, February 20th. The technology company reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.14. NetEase had a net margin of 28.17% and a return on equity of 22.12%. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $27.16 billion. On average, analysts expect NetEase to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
NetEase Price Performance
Shares of NASDAQ NTES opened at $106.40 on Wednesday. The company has a market capitalization of $67.41 billion, a P/E ratio of 16.70, a price-to-earnings-growth ratio of 3.37 and a beta of 0.66. The business’s 50-day moving average price is $101.86 and its two-hundred day moving average price is $96.47. NetEase has a one year low of $75.85 and a one year high of $110.66.
NetEase Dividend Announcement
Institutional Inflows and Outflows
A hedge fund recently raised its stake in NetEase stock. Brighton Jones LLC boosted its holdings in shares of NetEase, Inc. (NASDAQ:NTES – Free Report) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,297 shares of the technology company’s stock after buying an additional 117 shares during the period. Brighton Jones LLC’s holdings in NetEase were worth $919,000 as of its most recent SEC filing. 11.07% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on NTES shares. Bank of America lifted their price objective on NetEase from $120.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Morgan Stanley upped their price target on NetEase from $108.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft assumed coverage on NetEase in a research report on Monday. They issued a “buy” rating and a $130.00 price objective for the company. Barclays upped their price target on NetEase from $82.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Finally, Benchmark upped their price target on NetEase from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, NetEase presently has a consensus rating of “Moderate Buy” and an average target price of $115.14.
Get Our Latest Stock Report on NetEase
About NetEase
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.
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