N

    NetEase Inc (NTES)

    Official site

    COMMUNICATION SERVICES • ELECTRONIC GAMING & MULTIMEDIA • NASDAQ

    $121.78
    -0.98 (-0.80%)

    Market Cap: $78.60B

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    70%(28/40)
    Avg Surprise
    +14.40%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$16.15
    Range$14.80 - $17.82
    11 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate Drift
    90d ago$15.63-3.2%
    60d ago$15.63-3.2%
    30d ago$15.64-3.2%
    7d ago$15.58-3.5%
    Current$16.15
    Revenue Consensus
    $30.3B
    Range$29.4B - $30.7B
    13 analysts
    Period ending Dec 31, 2026
    EPS Consensus$14.90
    Range$11.09 - $17.55
    21 analysts
    Revenue Consensus
    $31.2B
    Range$24.5B - $35.4B
    32 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$14.90---
    Sep 26EST
    		-$16.15---
    Jun 26
    Reported Aug 13
    		$1.60$2.20-27.27%Miss-89.2%
    Mar 26
    Reported May 21
    		$17.46$15.39+13.45%Beat+690.0%
    Dec 25
    Reported Feb 11
    		$10.95$14.12-22.45%Miss-27.4%
    Sep 25
    Reported Nov 20
    		$14.73$14.81-0.54%Miss+26.7%
    Jun 25
    Reported Aug 14
    		$14.81$15.02-1.40%Miss+22.9%
    Mar 25
    Reported May 15
    		$2.21$1.79+23.46%Beat-83.1%
    Dec 24
    Reported Mar 6
    		$15.09$12.56+20.14%Beat+33.1%
    Sep 24
    Reported Nov 14
    		$11.63$12.36-5.91%Miss-12.6%
    Jun 24
    Reported Aug 22
    		$12.05$12.09-0.33%Miss-13.2%
    Mar 24
    Reported May 23
    		$13.10$12.44+5.31%Beat+12.7%
    Dec 23
    Reported Feb 29
    		$11.34$12.08-6.13%Miss+14.3%
    Sep 23
    Reported Nov 16
    		$13.30$10.67+24.65%Beat+17.3%
    Jun 23
    Reported Aug 24
    		$13.88$9.03+53.71%Beat+69.7%
    Mar 23
    Reported May 25
    		$11.62$8.59+35.27%Beat+50.5%
    Dec 22
    Reported Feb 23
    		$9.92$7.82+26.85%Beat+0.0%
    Sep 22
    Reported Nov 17
    		$11.34$7.46+52.01%Beat+97.2%
    Jun 22
    Reported Aug 18
    		$8.18$7.03+16.36%Beat+31.1%
    Mar 22
    Reported May 24
    		$7.72$7.17+7.67%Beat+3.3%
    Dec 21
    Reported Feb 24
    		$9.92$6.74+47.18%Beat+323.9%
    Sep 21
    Reported Nov 16
    		$5.75$5.96-3.52%Miss+7.5%
    Jun 21
    Reported Aug 31
    		$6.24$6.11+2.13%Beat-21.6%
    Mar 21
    Reported May 18
    		$7.47$6.26+19.33%Beat+16.2%
    Dec 20
    Reported Feb 25
    		$2.34$2.94-20.41%Miss-58.3%
    Sep 20
    Reported Nov 19
    		$5.35$3.09+73.14%Beat-26.3%
    Jun 20
    Reported Aug 13
    		$7.96$6.41+24.18%Beat+41.9%
    Mar 20
    Reported May 19
    		$6.43$5.65+13.81%Beat+37.7%
    Dec 19
    Reported Feb 26
    		$5.61$4.97+12.88%Beat+53.3%
    Sep 19
    Reported Nov 20
    		$7.26$4.38+65.75%Beat+104.5%
    Jun 19
    Reported Aug 7
    		$5.61$3.71+51.21%Beat+34.5%
    Mar 19
    Reported May 15
    		$4.67$3.33+40.24%Beat+131.2%
    Dec 18
    Reported Feb 20
    		$3.66$3.34+9.58%Beat+28.9%
    Sep 18
    Reported Nov 14
    		$3.55$3.47+2.31%Beat-22.1%
    Jun 18
    Reported Aug 8
    		$4.17$3.73+11.80%Beat-20.4%
    Mar 18
    Reported May 16
    		$2.02$2.82-28.37%Miss-69.1%
    Dec 17
    Reported Feb 7
    		$2.84$3.01-5.65%Miss-52.5%
    Sep 17
    Reported Nov 15
    		$4.56$4.28+6.54%Beat+0.0%
    Jun 17
    Reported Aug 9
    		$5.24$5.45-3.85%Miss-
    Mar 17
    Reported May 10
    		$6.53$5.61+16.40%Beat-
    Dec 16
    Reported Feb 15
    		$5.98$4.96+20.56%Beat-
    Sep 16
    Reported Nov 9
    		$4.56$4.31+5.80%Beat-

    Dividends

    Dividend Metrics

    Yield2.48%
    Annual/Share$3.02
    Payout Ratio33.77%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+26.07%
    5Y CAGR+26.74%
    View NTES's full dividend history

    Key Metrics

    Valuation
    P/E Ratio2.72EV/EBITDA8.49x
    Price/FCF10.94xFCF Yield9.14%
    Profitability
    Profit Margin27.90%Operating Margin40.20%
    ROE20.40%ROIC19.12%
    Financial Health
    Debt/Equity0.08xInterest CoverageN/A
    Current Ratio3.45xQuick Ratio3.44x
    Trading Statistics
    Beta0.80Avg Volume822.95K
    52-Week High$156.4152-Week Low$105.44

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$124.24
    SMA 20$126.06
    SMA 50$126.86
    SMA 200$124.28
    EMA 10$124.07
    EMA 20$125.26
    EMA 50$125.41
    EMA 200$123.78

    MACD

    Line: -1.21Signal: -0.75Hist: -0.46

    ADX

    ADX: 8.6+DI: 28.0-DI: 32.7

    Aroon & PSAR

    Aroon Up40.0
    Aroon Down72.0
    PSAR$127.35

    Bollinger Bands

    Upper Band$133.59
    Lower Band$118.54
    %B Position1194%(Upper)
    Band Width0.22

    RSI (14-Day)

    Neutral
    45.0

    Momentum Oscillators

    Stoch %K26.5
    Stoch %D31.2
    Williams %R-76.0
    ROC (10d)-2.1%
    Momentum-2.62
    CCI (20d)-84.6
    MFI (14d)45.2

    Volatility Measures

    ATR (14d)$3.84(3.2%)
    StdDev (20d)3.76
    Hist Vol49.4%(High)

    Volume Flow

    VWAP$122.23
    OBV9.1M
    AD Line-655.6M
    CMF (20d)0.106

    Volume Metrics

    Avg Vol (20d)836.5K
    Vol Ratio0.5x(Low)
    VWMA (20d)$125.58

    Pivot Points

    R3$125.65
    R2$124.74
    R1$123.75
    Pivot Point$122.84
    S1$121.85
    S2$120.94
    S3$119.95

    Advanced Oscillators

    TSI-5.80
    Ultimate Osc50.7
    KST-36.61

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$30.02B$30.59B$27.55B$28.36B$27.89B$28.83B$26.75B$26.21B$25.49B$26.85B$27.14B$27.27B
    Cost of Revenue$8.86B$9.37B$9.85B$10.18B$9.84B$10.35B$10.48B$9.73B$9.44B$9.84B$10.32B$10.30B
    Gross Profit$21.16B$21.22B$17.69B$18.18B$18.05B$18.48B$16.27B$16.48B$16.04B$17.02B$16.83B$16.97B
    Operating Expenses$9.10B$8.56B$9.37B$10.16B$8.99B$8.04B$8.45B$9.33B$9.05B$9.39B$9.96B$9.41B
    R&D$4.63B$4.48B$4.43B$4.54B$4.36B$4.39B$4.47B$4.42B$4.46B$4.17B$4.48B$4.35B
    SG&A$0$636.60M$1.05B$1.16B$1.06B$956.34M$1.16B$1.10B$1.09B$1.20B$1.25B$1.49B
    Operating Income$12.06B$12.66B$8.32B$8.01B$9.06B$10.44B$7.82B$7.15B$6.99B$7.62B$6.87B$7.56B
    Interest Income$0$890.27M$1.00B$936.71M$953.49M$1.06B$1.17B$1.28B$1.19B$1.28B$1.26B$1.15B
    Interest Expense$2.46B$0$698.78M$0$0$0$0$0$0$0$0$0
    Income Before Tax$9.60B$13.37B$7.62B$10.11B$10.65B$12.45B$10.30B$8.00B$8.13B$9.29B$7.74B$9.10B
    Income Tax Expense$2.45B$2.52B$1.25B$1.32B$1.56B$1.91B$1.39B$1.29B$1.30B$1.49B$1.07B$1.29B
    Net Income$6.96B$10.67B$6.24B$8.62B$8.60B$10.30B$8.77B$6.54B$6.76B$7.63B$6.58B$7.84B
    EBITDA$12.49B$13.80B$8.33B$10.73B$11.08B$12.93B$8.52B$8.52B$8.76B$9.86B$7.53B$9.75B
    EBIT$12.06B$13.37B$7.62B$10.11B$10.65B$12.45B$7.82B$8.00B$8.13B$9.29B$6.87B$9.10B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Vault Keeps Getting Heavier: NetEase at the Strong Buy Line

    Structural disconnect - NTES trades ~14% below its 200-day MA at ~$115 while cash generation, buybacks and a rising dividend suggest the slide is market-driven, not a broken business. Operating engine intact - FY25 games revenue 92.1B RMB (~$12.9B), games 82% of sales; 5-year revenue up $12.85B to $16.51B, operating income 2.41B to 5.25B, FCF 3.20B to 7.14B. Pristine liquidity and shareholder return profile - cash & equivalents >$15B, current ratio 3.45, debt/equity 0.04, interest coverage 51x, shareholder yield ~18% and forward dividend ~2.6%. Attractive valuation - trading at 14x trailing, 12x forward, ~11x FCF; GNG fair value $160.52 (-28% discount), Vulcan blend $139.25 implies ~17% upside, DCF $143.80 crossed the 20% Strong Buy threshold. Defined trade plan and risks - GNG Strong Buy trigger $114.27 qualifies now, 12-month expected return ~17% (median +12%), start small at $115, add low $110s, size up at $100, re-underwrite if close < $96.

    Unknown Author
    •
    4/24/26
    •
    104
    China Stocks
    Gaming
    Quality Compounder
    Also mentions:
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    News

    NetEase Inc (NTES) Shares Fall 4.1% -- What GF Score of 96 Tells Investors

    NetEase Inc (NTES) shares recently dropped 4.1%, continuing a year-to-date decline of 9.2%. Despite this, the company boasts a strong GF Score of 96/100, indicating robust overall performance, especially in profitability. However, investors are advised to exercise caution due to recent insider selling activity, which contrasts with a generally positive sentiment among institutional investors.

    GuruFocus•8/24/26•
    Neutral

    CICC Keeps Their Buy Rating on Netease Inc (9999)

    CICC has reiterated its Buy rating on Netease Inc (9999) with a price target of HK$265.00, while the stock closed yesterday at HK$202.00. The general Street consensus also indicates a Strong Buy with an average price target of HK$247.42. This follows Netease's strong Q2 earnings, reporting a quarterly revenue of HK$29.98 billion and a net profit of HK$6.95 billion.

    The Globe and Mail•8/23/26•
    Neutral

    ETFs Investing in Netease Inc Stocks

    This article provides a comprehensive list of ETFs that include Netease Inc. (4Y01) stocks in their holdings. The ETFs are sorted by market value and include details such as weight, issuer, management style, expense ratio, AUM, price, change percentage, and 3-year total return. This information helps investors identify various options for investing in Netease Inc. through diversified funds.

    TradingView•8/23/26•
    Neutral

    NetEase, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

    NetEase, Inc. (HKG:9999) shares rose 4.3% despite missing second-quarter earnings expectations, with earnings per share falling short of forecasts, though revenues slightly exceeded them. Following these results, analysts have modestly downgraded their earnings per share estimates for 2026, while revenue forecasts and the consensus price target of HK$250 remain stable, indicating that the lower earnings forecast isn't expected to impact the stock price significantly. The company's projected revenue growth aligns with the broader industry.

    Simply Wall Street•8/23/26•
    Somewhat-Bearish

    NetEase to Report First Quarter 2026 Financial Results on May 21

    NetEase, Inc. announced it will report its first quarter 2026 financial results on Thursday, May 21, 2026, before the U.S. markets open. A teleconference call and webcast will accompany the release, allowing management to discuss results and answer questions. The event will be accessible to interested parties via phone and a live webcast on NetEase's Investor Relations website.

    Eastern Progress•8/22/26•
    Neutral

    Frequently Asked Questions About NTES

    What is NTES's current dividend yield?
    NetEase Inc (NTES) has a current dividend yield of 2.48%.
    Does NTES pay dividends?
    Yes, NetEase Inc pays dividends with a current yield of 2.48%.
    What is NTES's P/E ratio?
    NetEase Inc has a price-to-earnings (P/E) ratio of 2.72.
    What is NTES's market cap?
    NetEase Inc (NTES) has a market capitalization of $78.60B with a current stock price of $121.78.

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