NetEase (NTES) Projected to Post Earnings on Thursday

NetEase (NASDAQ:NTES) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 15th. Analysts expect the company to announce earnings of $2.03 per share and revenue of $28.39 billion for the quarter.

NetEase (NASDAQ:NTES) last issued its quarterly earnings data on Thursday, February 20th. The technology company reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.14. NetEase had a return on equity of 22.12% and a net margin of 28.17%. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $27.16 billion. On average, analysts expect NetEase to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

NetEase Stock Performance

Shares of NASDAQ:NTES opened at $106.82 on Tuesday. The company’s fifty day moving average is $101.77 and its 200-day moving average is $96.41. NetEase has a 52 week low of $75.85 and a 52 week high of $110.66. The company has a market capitalization of $67.68 billion, a PE ratio of 16.77, a P/E/G ratio of 3.37 and a beta of 0.66.

NetEase Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 1.63%. The ex-dividend date was Thursday, March 6th. NetEase’s dividend payout ratio is currently 76.45%.

Analysts Set New Price Targets

Several analysts have weighed in on NTES shares. Deutsche Bank Aktiengesellschaft assumed coverage on shares of NetEase in a research note on Monday. They set a “buy” rating and a $130.00 price objective on the stock. Morgan Stanley lifted their price objective on NetEase from $108.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Benchmark raised their price objective on shares of NetEase from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Barclays upped their target price on shares of NetEase from $82.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Finally, Bank of America boosted their price objective on shares of NetEase from $120.00 to $122.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, NetEase currently has a consensus rating of “Moderate Buy” and an average price target of $115.14.

Institutional Investors Weigh In On NetEase

A hedge fund recently raised its stake in NetEase stock. Brighton Jones LLC raised its holdings in shares of NetEase, Inc. (NASDAQ:NTES) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 10,297 shares of the technology company’s stock after acquiring an additional 117 shares during the period. Brighton Jones LLC’s holdings in NetEase were worth $919,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 11.07% of the company’s stock.

NetEase Company Profile

NetEase, Inc engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.