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NetEase Stock Soars 9%: The Gaming Giant's Winning Streak Just Got Even Hotter [Yahoo! Finance]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
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Source: Yahoo! Finance
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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US:NASDAQ Investor Relations: netease.com
Sure, revenues dipped 3.9% year-over-year to RMB26.2 billion ($3.7 billion), but the real story here is the company's knockout performance in gaming and its unstoppable push into global markets. Fan favorites World of Warcraft and Hearthstone are back with a bangplayer numbers skyrocketed by 50% and 150%, respectively, after their relaunch in China. Plus, Naraka: Bladepoint crushed it, climbing to No. 4 on iOS's grossing charts, while Racing Master dominated Japan's app store rankings. CEO William Ding isn't just resting on these wins. He's doubling down on innovation with new blockbuster titles like Marvel Rivals and Where Winds Meet slated for December. Investors are also hyped about NetEase's financial muscleRMB7.5 billion ($1.1 billion) in non-GAAP net income and a cash reserve north of RMB120 billion ($17.1 billion). Meanwhile, its side hustles, NetEase Cloud Music and Youdao, are quietly becoming growth engines, with Youdao posting its first-ever Q3 profit. What's the takeaw
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- The Global AI Defense Challenge 2024 Announces Winners Across Two Competition Tracks [Yahoo! Finance][Yahoo! Finance]
- NetEase, Inc. (NASDAQ: NTES) had its price target raised by analysts at Citigroup Inc. from $108.00 to $115.00. They now have a "buy" rating on the stock.[MarketBeat]
- NetEase, Inc. (NASDAQ: NTES) had its price target lowered by analysts at Benchmark Co. from $120.00 to $105.00. They now have a "buy" rating on the stock.[MarketBeat]
- NetEase Inc (NTES) Q3 2024 Earnings Call Highlights: Gaming Division Drives Revenue Growth ... [Yahoo! Finance][Yahoo! Finance]
- NetEase Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance][Yahoo! Finance]
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NTES
SEC Filings
SEC Filings
- 11/18/24 - Form 144
- 11/14/24 - Form 6-K
- 11/7/24 - Form 13F-HR
- NTES's page on the SEC website
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