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The average of price targets set by Wall Street analysts indicates a potential upside of 28.5% in NetEase (NTES). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Large-caps are well-established, have more analyst coverage, and frequently pay dividends, all undeniably significant benefits that make them so popular among investors.
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.
ELF, VSAT and NTES made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 6, 2023.
The board of NetEase, Inc. ( NASDAQ:NTES ) has announced that it will be paying its dividend of CN¥0.4625 on the 26th...
Investors may keep a tab on stocks like LOW, NTES, CM, HLNE and IEX, which have lately hiked their dividend payments.
Key Insights Using the 2 Stage Free Cash Flow to Equity, NetEase fair value estimate is US$82.79 With US$83.77 share...
A Chinese court has ordered an Alibaba Group unit that developed the hit mobile game "Three Kingdoms Tactics" to pay NetEase Inc 50 million yuan ($7.2 million) in compensation over copyright infringement, according to a statement from NetEase. "Three Kingdoms Tactics" is Alibaba's most profitable game, earning more than $1.97 billion from player spending since launching in 2019, according to data firm App Magic.
HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile game "Three Kingdoms Tactics" to pay NetEase Inc 50 million yuan ($7.2 million) in compensation over copyright infringement, according to a statement from NetEase. "Three Kingdoms Tactics" is Alibaba's most profitable game, earning more than $1.97 billion from player spending since launching in 2019, according to data firm App Magic.
Key Insights Insiders appear to have a vested interest in NetEase's growth, as seen by their sizeable ownership A total...
NetEase, Vipshop, Momo, KE Holdings and Trip.com Group are part of the Zacks top Analyst Blog.
Bet on China stocks like NetEase (NTES), Vipshop (VIPS), Momo (MOMO), KE Holdings (BEKE) and Trip.com Group (TCOM) that are poised to make the most of the strength in China's economy.
NetEase (NASDAQ:NTES) has had a great run on the share market with its stock up by a significant 7.4% over the last...
While low-beta tech stocks may not experience the same rapid growth as higher-beta technology stocks, they can provide steady, long-term growth potential due to their stability.
(Bloomberg) -- In January, NetEase Inc. smashed into pieces its giant statue of World of Warcraft’s legendary Gorehowl axe, a fitting symbol for the termination of its 14-year partnership with US studio Blizzard Entertainment.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskSwiss Prosecutors Probe Credit Suisse Deal, Job Cuts SeenRussia Blames Ukraine as Suspect Held in Pro-War Blogger’s DeathBillionaire Blocked From His New Palace Blasts ‘Socialist’ IndiaDubai’s
The SLG game released by NetEase is organizing a fanfiction contest for its character Mathom Peddler, where winners will receive round-trip tickets to visit the Hobbiton movie set in New Zealand.
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
The consensus price target hints at a 33.5% upside potential for NetEase (NTES). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
HONG KONG -China's online gaming regulator on Monday granted licences to 27 foreign games in March, including titles to be published by Tencent Holdings, NetEase Inc and Bilibili Inc. Among the imported online games approved by the National Press and Publication Administration is at least one by Tencent, a game called Merge Mansion, according to a list the regulator released on Monday. NetEase secured approval for at least one mobile game named Audition: Everybody Party, while Bilibili received a licence for a game called Shanyao!
CliCli is excited to announce that its innovative accessible game creation tool and global distribution platform, is now available for alpha testing. CliCli seeks to offer more choices to the industry by simplifying game development and offering ample opportunities for financial success to developers.
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...
(Bloomberg) -- China’s technology stocks took a beating after more firms reported earnings, just when price wars and geopolitical tensions cloud the growth outlook for the sector.Most Read from BloombergSorry, Twitter. Elon Found His Next Shiny Object.How to Get a Free Flight to Hong Kong in 500,000 Airline Ticket GiveawayWorld’s Rich Take Advantage as $1 Trillion Property Market CratersTycoon Deripaska Warns Russia May Run Out of Money in 2024NetEase Inc. slumped 11% Friday after a profit miss,
NetEase (NTES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
(Bloomberg) -- Investors in the sizzling rally in global artificial intelligence-related stocks are getting a reality check. Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaGunman Kills Three at Michigan State; Suspect Found DeadUS Scrambles Jets for ‘Routine’ Intercept of Russian WarplanesGoogle’s demonstration of its
The mean of analysts' price targets for NetEase (NTES) points to a 26.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.