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NetEase (NTES) Stock Forecast, Price Target & Predictions

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NTES Stock Forecast

NetEase stock forecast is as follows: an average price target of $96.67 (represents a -4.18% downside from NTES’s last price of $100.89) 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 $96.67 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $82.00. This represents a potential -4.18% downside from NTES's last price of $100.89.

NTES Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Robin ZhuBernstein$105.00$101.363.59%4.07%
Aug 26, 2024Jiong ShaoBarclays$82.00$82.08-0.10%-18.72%
Aug 22, 2024Thomas ChongJefferies$103.00$82.2525.23%2.09%
Aug 05, 2024Thomas ChongJefferies$216.00$88.00145.45%114.09%
Jun 13, 2024Jiong ShaoBarclays$104.00$92.9211.92%3.08%
May 24, 2024Ahmad HalimCFRA$130.00$94.7437.22%28.85%
May 23, 2024Thomas ChongJefferies$129.00$94.7436.16%27.86%
Apr 12, 2024Alex PoonMorgan Stanley$120.00$97.1523.52%18.94%
Apr 02, 2024Thomas ChongJefferies$133.00$98.7134.74%31.83%
Apr 02, 2024Alex PoonMorgan Stanley$135.00$98.7136.76%33.81%
Jun 05, 2023Robin ZhuBernstein$120.00$86.8538.17%18.94%
Aug 19, 2022Citigroup$140.00$86.1162.58%38.76%
Jul 13, 2022Esme PauMacquarie$129.00$89.7843.68%27.86%
May 25, 2022HSBC$122.00$97.4925.14%20.92%
Oct 05, 2021Sophie HuangCMB International Securities$123.00$82.6348.86%21.91%
May 20, 2021Julia PanUOB Kay Hian$110.00$117.68-6.53%9.03%
May 19, 2021Han Joon KimMacquarie$118.00$108.978.29%16.96%

The latest NetEase stock forecast, released on Dec 09, 2024 by Robin Zhu from Bernstein, set a price target of $105.00, which represents a 3.59% increase from the stock price at the time of the forecast ($101.36), and a 4.07% increase from NTES last price ($100.89).

NetEase Price Target by Period

1M3M12M
# Anlaysts-110
Avg Price Target-$105.00$125.70
Last Closing Price$100.89$100.89$100.89
Upside/Downside-100.00%4.07%24.59%

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 $100.89. 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

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024BernsteinOutperformOutperformHold
Oct 07, 2024MacquarieOutperformOutperformHold
Aug 26, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 23, 2024Morgan StanleyBuyBuyHold
Aug 05, 2024JefferiesBuyBuyHold
Jul 05, 2024Morgan StanleyBuyBuyHold
Jun 25, 2024CitigroupBuyBuyHold
Jun 13, 2024BarclaysEqual-WeightInitialise
May 24, 2024BenchmarkBuyBuyHold
May 24, 2024CFRABuyBuyHold
May 24, 2024Bank of America SecuritiesBuyBuyHold
May 23, 2024JefferiesBuyBuyHold
May 23, 2024CitigroupBuyBuyHold
May 22, 2024Morgan StanleyOverweightEqual-WeightDowngrade
May 20, 2024Morgan StanleyOverweightOverweightHold
Apr 02, 2024JefferiesBuyBuyHold
Apr 02, 2024Morgan StanleyOverweightOverweightHold
Jun 05, 2023BernsteinOutperformInitialise
May 30, 2023UOB Kay HianBuyUpgrade
May 26, 2023CitigroupBuyBuyHold
May 26, 2023BenchmarkBuyBuyHold
Aug 19, 2022CitigroupBuyBuyHold
Jul 13, 2022MacquarieOutperformInitialise
May 25, 2022HSBCBuyBuyHold

NetEase's last stock rating was published by Bernstein on Dec 09, 2024. The company gave NTES a "Outperform" rating, the same as its previous rate.

NetEase Financial Forecast

NetEase Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$30.59B$32.69B$32.79B$33.95B$30.75B$30.19B$29.33B$30.01B$27.08B$26.55B$26.02B$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$32.93B$35.19B$35.30B$36.55B$33.10B$32.51B$31.58B$30.80B$28.09B$28.59B$28.01B$29.06B$28.61B$29.32B$26.71B$26.92B$26.59B$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$29.09B$31.09B$31.18B$32.28B$29.24B$28.71B$27.89B$29.23B$26.06B$25.25B$24.74B$25.67B$27.40B$25.90B$23.60B$23.78B$23.64B$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
# Analysts1111111284648464535364641098765
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 $23.60B, and a high forecast of $26.71B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111284648464535364641098765
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$7.81B$8.34B$8.37B$8.67B$7.85B$7.71B$7.49B$7.66B$6.91B$6.78B$6.64B$6.89B$7.16B$6.95B$6.33B$6.38B$6.43B$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$8.41B$8.98B$9.01B$9.33B$8.45B$8.30B$8.06B$7.86B$7.17B$7.30B$7.15B$7.42B$7.30B$7.48B$6.82B$6.87B$6.79B$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$7.42B$7.94B$7.96B$8.24B$7.46B$7.33B$7.12B$7.46B$6.65B$6.45B$6.32B$6.55B$7.00B$6.61B$6.02B$6.07B$6.03B$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 %---------------1.29%0.91%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 $6.33B, with a high of $6.82B and a low of $6.02B. This is -22.92% lower than NetEase's previous annual EBITDA (Mar 23) of $8.22B.

NetEase Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111284648464535364641098765
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$45.48B$52.79B$53.99B$53.96B$47.31B$47.63B$45.63B$47.16B$40.81B$39.73B$39.06B$35.71B$39.61B$35.42B$29.71B$30.87B$35.13B$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$50.01B$58.04B$59.37B$59.33B$52.01B$52.37B$50.18B$48.83B$44.11B$43.68B$39.26B$42.86B$39.83B$36.61B$30.50B$37.04B$42.15B$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$42.59B$49.42B$50.55B$50.52B$44.29B$44.60B$42.73B$45.50B$37.27B$37.20B$38.86B$28.57B$39.39B$34.22B$28.91B$24.70B$28.10B$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%0.11%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 $29.71B, with a range of $28.91B to $30.50B. NTES's average Quarter net income forecast represents a 339.78% increase compared to the company's last Quarter net income of $6.75B (Mar 23).

NetEase SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111284648464535364641098765
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$5.55B$5.93B$5.95B$6.16B$5.58B$5.48B$5.32B$5.44B$4.91B$4.82B$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$5.97B$6.38B$6.40B$6.63B$6.00B$5.90B$5.73B$5.59B$5.10B$5.19B$5.08B$5.27B$5.19B$5.32B$4.85B$4.88B$4.82B$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$5.28B$5.64B$5.66B$5.86B$5.30B$5.21B$5.06B$5.30B$4.73B$4.58B$4.49B$4.66B$4.97B$4.70B$4.28B$4.31B$4.29B$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 $4.28B to $4.85B. The forecast indicates a 14.61% rise compared to NTES last annual SG&A of $3.93B (Mar 23).

NetEase EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111284648464535364641098765
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$13.97$16.21$16.58$16.57$14.53$14.63$14.01$14.48$12.53$12.20$11.99$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$15.36$17.82$18.23$18.22$15.97$16.08$15.41$14.99$13.55$13.41$12.06$12.62$12.23$11.24$9.36$9.55$8.66$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$13.08$15.18$15.52$15.51$13.60$13.69$13.12$13.97$11.45$11.42$11.93$12.58$12.10$10.51$8.88$8.13$7.43$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DDIDoubleDown Interactive$10.14$18.1378.80%Buy
EAElectronic Arts$117.10$165.1441.02%Buy
PLTKPlaytika$7.44$8.7517.61%Buy
TTWOTake-Two Interactive Software$190.09$185.33-2.50%Buy
NTESNetEase$100.89$96.67-4.18%Buy
SKLZSkillz$6.66$6.00-9.91%Hold
RBLXRoblox$70.08$52.25-25.44%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 $96.67 with a range of $82 to $105, implying a -4.18% from its last price of $100.89. 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 down by -4.18% (from the last price of $100.89 to the average price target of $96.67), up by 4.07% based on the highest stock price target, and down by -18.72% based on the lowest stock price target.

Can NetEase stock reach $200?

NTES's average twelve months analyst stock price target of $96.67 does not support the claim that NetEase can reach $200 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 $120.28B (high $127.98B, low $115.07B), average EBITDA is $30.7B (high $32.67B, low $29.37B), average net income is $187.74B (high $203.39B, low $177.11B), average SG&A $21.82B (high $23.21B, low $20.87B), and average EPS is $57.65 (high $62.46, low $54.39). NTES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $130.01B (high $139.97B, low $123.64B), average EBITDA is $33.19B (high $35.73B, low $31.56B), average net income is $206.23B (high $226.75B, low $193.08B), average SG&A $23.58B (high $25.39B, low $22.43B), and average EPS is $63.33 (high $69.63, low $59.29).

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 $23.64B by -11.74%. The company's net income was $20.34B, missing the average estimation of $70.75B by -71.25%. 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 $6.38B by 28.75%. 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%