NetEase (NTES) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NetEase in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NTES shares.
View NTES analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 12-month price objectives for NetEase's shares. Their NTES share price forecasts range from $105.00 to $135.00. On average, they anticipate the company's share price to reach $122.13 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price.
View analysts price targets for NTES or view top-rated stocks among Wall Street analysts.

NetEase's stock was trading at $72.63 at the beginning of the year. Since then, NTES shares have increased by 33.3% and is now trading at $96.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our NTES earnings forecast.

NetEase, Inc. (NASDAQ:NTES) issued its quarterly earnings results on Thursday, August, 24th. The technology company reported $13.88 earnings per share for the quarter, topping the consensus estimate of $9.14 by $4.74. The technology company earned $24.01 billion during the quarter, compared to analysts' expectations of $24.85 billion. NetEase had a trailing twelve-month return on equity of 22.78% and a net margin of 25.84%. The firm's revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 EPS.

NetEase declared a quarterly dividend on Thursday, August 24th. Shareholders of record on Friday, September 8th will be given a dividend of $0.525 per share on Friday, September 22nd. This represents a $2.10 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, September 7th. This is a positive change from the stock's previous quarterly dividend of $0.47.
Read our dividend analysis for NTES.

ETFs with the largest weight of NetEase (NASDAQ:NTES) stock in their portfolio include Global X Metaverse ETF (VR), Global X Video Games & Esports ETF (HERO), VanEck Video Gaming and eSports ETF (ESPO), Global X Social Media Index ETF (SOCL), Global X Emerging Markets Internet & Ecommerce ETF (EWEB), AdvisorShares Vice ETF (VICE), First Trust S-Network Streaming and Gaming ETF (BNGE) and Global X E-Commerce ETF (EBIZ).

NetEase (NASDAQ:NTES) pays an annual dividend of $2.09 per share and currently has a dividend yield of 2.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NTES will have a dividend payout ratio of 32.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTES.

NetEase shares split on the morning of Friday, October 2nd 2020. The 5-1 split was announced on Friday, September 18th 2020. The newly issued shares were payable to shareholders after the market closes on Thursday, October 1st 2020. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

39 employees have rated NetEase Chief Executive Officer William Lei Ding on Glassdoor.com. William Lei Ding has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other NetEase investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Baidu (BIDU), Advanced Micro Devices (AMD), Salesforce (CRM), Micron Technology (MU), JD.com (JD) and Walt Disney (DIS).

NetEase trades on the NASDAQ under the ticker symbol "NTES."

NetEase's stock is owned by a number of retail and institutional investors. Top institutional investors include Ninety One UK Ltd (1.04%), Nuveen Asset Management LLC (0.23%), Nuveen Asset Management LLC (0.23%), Fisher Asset Management LLC (0.22%), Dimensional Fund Advisors LP (0.16%) and Capital International Investors (0.16%).

Shares of NTES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NTES stock can currently be purchased for approximately $96.80.

NetEase (NASDAQ:NTES) has a market capitalization of $63.38 billion and generates $13.99 billion in revenue each year. The technology company earns $2.95 billion in net income (profit) each year or $5.57 on an earnings per share basis.

The company employs 31,119 workers across the globe.

NetEase's mailing address is NetEase Building No.599 Wangshang Road Binjiang District, HANGZHOU F4, 310052. The official website for the company is ir.netease.com. The technology company can be reached via phone at 8657189853378, via email at ir@service.netease.com, or via fax at 86-571-8738-1002.