NASDAQ:NTESNetEase Stock Price, Forecast & News

NetEase's stock was trading at $324.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NTES stock has increased by 49.5% and is now trading at $484.46. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetEase in the last year. There are currently 1 hold rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NetEase.

NetEase is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for NetEase.

NetEase Inc (NASDAQ:NTES) announced its earnings results on Tuesday, May, 19th. The technology company reported $32.17 earnings per share for the quarter, beating the consensus estimate of $3.51 by $28.66. The technology company earned $2.41 billion during the quarter, compared to analyst estimates of $2.31 billion. NetEase had a net margin of 33.53% and a return on equity of 37.00%. View NetEase's earnings history.

NetEase announced a quarterly dividend on Tuesday, May 19th. Investors of record on Friday, June 12th will be given a dividend of $1.16 per share on Tuesday, June 23rd. This represents a $4.64 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, June 11th. This is a positive change from NetEase's previous quarterly dividend of $1.02. View NetEase's dividend history.

13 brokerages have issued 1-year target prices for NetEase's shares. Their forecasts range from $274.60 to $464.00. On average, they anticipate NetEase's share price to reach $399.97 in the next twelve months. This suggests that the stock has a possible downside of 17.4%. View analysts' price targets for NetEase.

Media headlines about NTES stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NetEase earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about NetEase.

Some companies that are related to NetEase include Paypal (PYPL), Accenture (ACN), Pinduoduo (PDD), Fidelity National Information Servcs (FIS), Mercadolibre (MELI), Global Payments (GPN), eBay (EBAY), Msci (MSCI), CoStar Group (CSGP), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Trip.com Group (TCOM), Ctrip.Com International (CTRP), Broadridge Financial Solutions (BR) and Zillow Group (Z). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NetEase investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Baidu (BIDU), Tesla (TSLA), Broadcom (AVGO), Micron Technology (MU), Mastercard (MA), JD.Com (JD) and Visa (V).

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 shareholders include Genesis Investment Management LLP (0.45%), E Fund Management Hong Kong Co. Ltd. (0.01%), Envestnet Asset Management Inc. (0.01%), Diversified Trust Co (0.00%), Hexavest Inc. (0.00%) and FNY Investment Advisers LLC (0.00%).

NTES stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Hexavest Inc., Diversified Trust Co, OmniStar Financial Group Inc., Envestnet Asset Management Inc., and Carroll Financial Associates Inc..

NTES stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, E Fund Management Hong Kong Co. Ltd., QP Wealth Management LLC, and Carnegie Capital Asset Management LLC.

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

One share of NTES stock can currently be purchased for approximately $484.46.

NetEase has a market capitalization of $61.99 billion and generates $8.51 billion in revenue each year. The technology company earns $3.09 billion in net income (profit) each year or $14.67 on an earnings per share basis. NetEase employs 20,797 workers across the globe.

The official website for NetEase is ir.netease.com.

NetEase's mailing address is NetEase Building No.599 Wangshang Road Binjiang District, HANGZHOU F4, 310052. The technology company can be reached via phone at 86-571-8985-3378 or via email at [email protected]