NetEase (NTES) Stock Forecast, Price Target & Predictions
NTES Stock Forecast
NetEase stock forecast is as follows: an average price target of $117.90 (represents a 47.86% upside from NTES’s last price of $79.74) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
NTES Price Target
The average price target for NetEase (NTES) is $117.90 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $82.00. This represents a potential 47.86% upside from NTES's last price of $79.74.
NTES Analyst Ratings
According to 11 Wall Street analysts, NetEase's rating consensus is 'Buy'. The analyst rating breakdown for NTES stock is 0 'Strong Buy' (0.00%), 10 'Buy' (90.91%), 1 'Hold' (9.09%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
NetEase Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Jiong Shao | Barclays | $82.00 | $82.08 | -0.10% | 2.83% |
| Aug 22, 2024 | Thomas Chong | Jefferies | $103.00 | $82.25 | 25.23% | 29.17% |
| Aug 05, 2024 | Thomas Chong | Jefferies | $216.00 | $88.00 | 145.45% | 170.88% |
| Jun 13, 2024 | Jiong Shao | Barclays | $104.00 | $92.92 | 11.92% | 30.42% |
| May 24, 2024 | Ahmad Halim | CFRA | $130.00 | $94.74 | 37.22% | 63.03% |
| May 23, 2024 | Thomas Chong | Jefferies | $129.00 | $94.74 | 36.16% | 61.78% |
| Apr 12, 2024 | Alex Poon | Morgan Stanley | $120.00 | $97.15 | 23.52% | 50.49% |
| Apr 02, 2024 | Thomas Chong | Jefferies | $133.00 | $98.71 | 34.74% | 66.79% |
| Apr 02, 2024 | Alex Poon | Morgan Stanley | $135.00 | $98.71 | 36.76% | 69.30% |
| Jun 05, 2023 | Robin Zhu | Bernstein | $120.00 | $86.85 | 38.17% | 50.49% |
The latest NetEase stock forecast, released on Aug 26, 2024 by Jiong Shao from Barclays, set a price target of $82.00, which represents a -0.10% decrease from the stock price at the time of the forecast ($82.08), and a 2.83% increase from NTES last price ($79.74).
NetEase Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 9 |
| Avg Price Target | - | $133.67 | $128.00 |
| Last Closing Price | $79.74 | $79.74 | $79.74 |
| Upside/Downside | -100.00% | 67.63% | 60.52% |
In the current month, the average price target of NetEase stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NetEase's last price of $79.74. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Macquarie | Outperform | Outperform | Hold |
| Aug 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 23, 2024 | Morgan Stanley | Buy | Buy | Hold |
| Aug 05, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 05, 2024 | Morgan Stanley | Buy | Buy | Hold |
| Jun 25, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 13, 2024 | Barclays | - | Equal-Weight | Initialise |
| May 24, 2024 | Benchmark | Buy | Buy | Hold |
| May 24, 2024 | CFRA | Buy | Buy | Hold |
| May 24, 2024 | Bank of America Securities | Buy | Buy | Hold |
NetEase's last stock rating was published by Macquarie on Oct 07, 2024. The company gave NTES a "Outperform" rating, the same as its previous rate.
NetEase Financial Forecast
NetEase Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.05B | $25.35B | $24.43B | $23.16B | $23.56B | $24.37B | $22.19B | $20.52B | $20.52B | $19.76B | $18.66B | $18.18B | $17.06B | $15.73B | $14.64B |
| Avg Forecast | $31.74B | $31.56B | $32.38B | $33.59B | $29.70B | $30.10B | $29.81B | $30.51B | $27.76B | $26.93B | $26.00B | $26.99B | $28.04B | $27.23B | $24.81B | $25.00B | $25.19B | $24.59B | $23.26B | $22.78B | $24.06B | $21.31B | $20.55B | $20.16B | $19.69B | $18.12B | $16.98B | $15.70B | $15.26B | $17.58B |
| High Forecast | $31.74B | $31.56B | $32.38B | $33.59B | $29.70B | $30.10B | $29.81B | $30.51B | $27.76B | $26.93B | $26.00B | $26.99B | $28.61B | $27.23B | $24.81B | $25.00B | $25.19B | $24.59B | $23.26B | $22.78B | $24.06B | $21.31B | $20.55B | $20.16B | $19.69B | $18.12B | $16.98B | $15.70B | $15.26B | $17.58B |
| Low Forecast | $31.74B | $31.56B | $32.38B | $33.59B | $29.70B | $30.10B | $29.81B | $30.51B | $27.76B | $26.93B | $26.00B | $26.99B | $27.40B | $27.23B | $24.81B | $25.00B | $25.19B | $24.59B | $23.26B | $22.78B | $24.06B | $21.31B | $20.55B | $20.16B | $19.69B | $18.12B | $16.98B | $15.70B | $15.26B | $17.58B |
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 0.99% | 1.00% | 1.03% | 1.01% | 1.04% | 1.00% | 1.02% | 1.00% | 1.03% | 1.07% | 1.09% | 1.03% | 0.83% |
NetEase's average Quarter revenue forecast for Jun 23 based on 6 analysts is $24.81B, with a low forecast of $24.81B, and a high forecast of $24.81B. NTES's average Quarter revenue forecast represents a -0.94% decrease compared to the company's last Quarter revenue of $25.05B (Mar 23).
NetEase EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.22B | $5.83B | $2.71B | $5.40B | $6.92B | $7.86B | $5.14B | $5.86B | $6.92B | $2.90B | $4.70B | $6.89B | $5.67B | $4.91B | $14.74B |
| Avg Forecast | $7.73B | $7.69B | $7.89B | $8.18B | $7.24B | $7.33B | $7.26B | $7.43B | $6.76B | $6.56B | $6.33B | $6.58B | $6.83B | $6.63B | $6.04B | $6.09B | $6.14B | $5.99B | $5.67B | $5.55B | $5.86B | $5.19B | $5.01B | $4.91B | $4.80B | $4.41B | $4.14B | $3.83B | $3.72B | $4.28B |
| High Forecast | $7.73B | $7.69B | $7.89B | $8.18B | $7.24B | $7.33B | $7.26B | $7.43B | $6.76B | $6.56B | $6.33B | $6.58B | $6.97B | $6.63B | $6.04B | $6.09B | $6.14B | $5.99B | $5.67B | $5.55B | $5.86B | $5.19B | $5.01B | $4.91B | $4.80B | $4.41B | $4.14B | $3.83B | $3.72B | $4.28B |
| Low Forecast | $7.73B | $7.69B | $7.89B | $8.18B | $7.24B | $7.33B | $7.26B | $7.43B | $6.76B | $6.56B | $6.33B | $6.58B | $6.68B | $6.63B | $6.04B | $6.09B | $6.14B | $5.99B | $5.67B | $5.55B | $5.86B | $5.19B | $5.01B | $4.91B | $4.80B | $4.41B | $4.14B | $3.83B | $3.72B | $4.28B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 0.95% | 0.45% | 0.95% | 1.25% | 1.34% | 0.99% | 1.17% | 1.41% | 0.60% | 1.06% | 1.67% | 1.48% | 1.32% | 3.44% |
6 analysts predict NTES's average Quarter EBITDA for Jun 23 to be $6.04B, with a high of $6.04B and a low of $6.04B. This is -26.45% lower than NetEase's previous annual EBITDA (Mar 23) of $8.22B.
NetEase Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.75B | $3.95B | $6.70B | $5.29B | $4.39B | $5.66B | $3.18B | $3.54B | $4.44B | $975.70M | $3.00B | $4.54B | $3.55B | $3.05B | $12.73B |
| Avg Forecast | $9.32B | $9.84B | $10.57B | $10.58B | $9.13B | $9.42B | $9.25B | $9.56B | $8.18B | $8.08B | $7.79B | $35.71B | $7.92B | $7.08B | $5.94B | $30.87B | $5.26B | $4.97B | $4.71B | $25.93B | $4.22B | $3.90B | $3.95B | $23.45B | $1.83B | $2.08B | $4.17B | $21.59B | $3.22B | $2.86B |
| High Forecast | $9.32B | $9.84B | $10.57B | $10.58B | $9.13B | $9.42B | $9.25B | $9.56B | $8.18B | $8.92B | $7.84B | $42.86B | $7.97B | $7.32B | $6.10B | $37.04B | $5.26B | $4.97B | $4.88B | $31.12B | $4.22B | $3.90B | $4.10B | $28.14B | $1.83B | $2.08B | $4.17B | $25.91B | $3.22B | $2.86B |
| Low Forecast | $9.32B | $9.84B | $10.57B | $10.58B | $9.13B | $9.42B | $9.25B | $9.56B | $8.18B | $7.25B | $7.75B | $28.57B | $7.88B | $6.84B | $5.78B | $24.70B | $5.26B | $4.97B | $4.55B | $20.75B | $4.22B | $3.90B | $3.80B | $18.76B | $1.83B | $2.08B | $4.17B | $17.28B | $3.22B | $2.86B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | 0.75% | 1.35% | 1.12% | 0.17% | 1.34% | 0.82% | 0.90% | 0.19% | 0.53% | 1.44% | 1.09% | 0.16% | 0.95% | 4.45% |
NetEase's average Quarter net income forecast for Jun 23 is $5.94B, with a range of $5.78B to $6.10B. NTES's average Quarter net income forecast represents a -12.04% decrease compared to the company's last Quarter net income of $6.75B (Mar 23).
NetEase SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.93B | $4.72B | $5.03B | $4.41B | $3.93B | $4.46B | $4.27B | $4.02B | $3.72B | $3.89B | $4.23B | $3.21B | $2.75B | $2.97B | $2.37B |
| Avg Forecast | $5.76B | $5.72B | $5.87B | $6.09B | $5.39B | $5.46B | $5.41B | $5.53B | $5.03B | $4.89B | $4.72B | $4.90B | $5.09B | $4.94B | $4.50B | $4.54B | $4.57B | $4.46B | $4.22B | $4.13B | $4.36B | $3.87B | $3.73B | $19.63B | $3.57B | $3.29B | $3.08B | $2.85B | $2.77B | $3.19B |
| High Forecast | $5.76B | $5.72B | $5.87B | $6.09B | $5.39B | $5.46B | $5.41B | $5.53B | $5.03B | $4.89B | $4.72B | $4.90B | $5.19B | $4.94B | $4.50B | $4.54B | $4.57B | $4.46B | $4.22B | $4.13B | $4.36B | $3.87B | $3.73B | $23.56B | $3.57B | $3.29B | $3.08B | $2.85B | $2.77B | $3.19B |
| Low Forecast | $5.76B | $5.72B | $5.87B | $6.09B | $5.39B | $5.46B | $5.41B | $5.53B | $5.03B | $4.89B | $4.72B | $4.90B | $4.97B | $4.94B | $4.50B | $4.54B | $4.57B | $4.46B | $4.22B | $4.13B | $4.36B | $3.87B | $3.73B | $15.71B | $3.57B | $3.29B | $3.08B | $2.85B | $2.77B | $3.19B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 1.03% | 1.13% | 1.05% | 0.95% | 1.02% | 1.11% | 1.08% | 0.19% | 1.09% | 1.29% | 1.04% | 0.96% | 1.07% | 0.74% |
NetEase's average Quarter SG&A projection for Jun 23 is $4.50B, based on 6 Wall Street analysts, with a range of $4.50B to $4.50B. The forecast indicates a 14.61% rise compared to NTES last annual SG&A of $3.93B (Mar 23).
NetEase EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 6 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.50 | $6.10 | $10.25 | $8.10 | $6.70 | $8.63 | $4.80 | $5.30 | $6.65 | $1.45 | $4.45 | $7.00 | $5.50 | $4.75 | $19.75 |
| Avg Forecast | $14.31 | $15.11 | $16.22 | $16.24 | $14.02 | $14.47 | $14.20 | $14.68 | $12.55 | $12.41 | $11.97 | $12.60 | $12.16 | $10.88 | $9.12 | $8.69 | $8.07 | $7.63 | $7.24 | $7.16 | $6.48 | $5.99 | $6.07 | $6.36 | $2.82 | $3.19 | $6.41 | $5.56 | $4.94 | $4.39 |
| High Forecast | $14.31 | $15.11 | $16.22 | $16.24 | $14.02 | $14.47 | $14.20 | $14.68 | $12.55 | $13.69 | $12.04 | $12.62 | $12.23 | $11.24 | $9.36 | $8.69 | $8.07 | $7.63 | $7.49 | $7.16 | $6.48 | $5.99 | $6.30 | $6.36 | $2.82 | $3.19 | $6.41 | $5.56 | $4.94 | $4.39 |
| Low Forecast | $14.31 | $15.11 | $16.22 | $16.24 | $14.02 | $14.47 | $14.20 | $14.68 | $12.55 | $11.13 | $11.89 | $12.58 | $12.10 | $10.51 | $8.88 | $8.69 | $8.07 | $7.63 | $6.99 | $7.16 | $6.48 | $5.99 | $5.83 | $6.36 | $2.82 | $3.19 | $6.41 | $5.56 | $4.94 | $4.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 0.76% | 1.34% | 1.12% | 0.94% | 1.33% | 0.80% | 0.87% | 1.05% | 0.51% | 1.40% | 1.09% | 0.99% | 0.96% | 4.50% |
According to 6 Wall Street analysts, NetEase's projected average Quarter EPS for Jun 23 is $9.12, with a low estimate of $8.88 and a high estimate of $9.36. This represents a -13.13% decrease compared to NTES previous annual EPS of $10.50 (Mar 23).
NetEase Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SKLZ | Skillz | $5.48 | $1.40K | 25489.96% | Hold |
| PLTK | Playtika | $7.58 | $13.90 | 83.38% | Buy |
| NTES | NetEase | $79.73 | $117.90 | 47.87% | Buy |
| RBLX | Roblox | $39.86 | $52.79 | 32.44% | Buy |
| DDI | DoubleDown Interactive | $14.90 | $18.13 | 21.68% | Buy |
| TTWO | Take-Two Interactive Software | $154.79 | $176.69 | 14.15% | Buy |
| EA | Electronic Arts | $144.20 | $149.13 | 3.42% | Buy |
NTES Forecast FAQ
Is NetEase a good buy?
Yes, according to 11 Wall Street analysts, NetEase (NTES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 90.91% of NTES's total ratings.
What is NTES's price target?
NetEase (NTES) average price target is $117.9 with a range of $82 to $140, implying a 47.86% from its last price of $79.74. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NetEase stock go up soon?
According to Wall Street analysts' prediction for NTES stock, the company can go up by 47.86% (from the last price of $79.74 to the average price target of $117.9), up by 75.57% based on the highest stock price target, and up by 2.83% based on the lowest stock price target.
Can NetEase stock reach $120?
NTES's highest twelve months analyst stock price target of $140 supports the claim that NetEase can reach $120 in the near future.
What are NetEase's analysts' financial forecasts?
NetEase's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $120.12B (high $120.12B, low $120.12B), average EBITDA is $29.26B (high $29.26B, low $29.26B), average net income is $37.37B (high $37.37B, low $37.37B), average SG&A $21.79B (high $21.79B, low $21.79B), and average EPS is $57.37 (high $57.37, low $57.37). NTES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $129.27B (high $129.27B, low $129.27B), average EBITDA is $31.49B (high $31.49B, low $31.49B), average net income is $40.31B (high $40.31B, low $40.31B), average SG&A $23.45B (high $23.45B, low $23.45B), and average EPS is $61.88 (high $61.88, low $61.88).
Did the NTES's actual financial results beat the analysts' financial forecasts?
Based on NetEase's last annual report (Dec 2022), the company's revenue was $96.5B, beating the average analysts forecast of $95.82B by 0.70%. Apple's EBITDA was $20.86B, missing the average prediction of $23.34B by -10.63%. The company's net income was $20.34B, missing the average estimation of $40.87B by -50.24%. Apple's SG&A was $18.1B, beating the average forecast of $17.38B by 4.13%. Lastly, the company's EPS was $30.57, beating the average prediction of $30.11 by 1.54%. In terms of the last quarterly report (Mar 2023), NetEase's revenue was $25.05B, beating the average analysts' forecast of $25B by 0.17%. The company's EBITDA was $8.22B, beating the average prediction of $6.09B by 34.91%. NetEase's net income was $6.75B, missing the average estimation of $30.87B by -78.12%. The company's SG&A was $3.93B, missing the average forecast of $4.54B by -13.42%. Lastly, the company's EPS was $10.5, beating the average prediction of $8.69 by 20.89%