Macquarie initiated coverage on NetEase with a new price target
$NTES
Computer Software: Prepackaged Software
Technology
Macquarie initiated coverage of NetEase with a rating of Outperform and set a new price target of $129.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | $90.00 → $108.00 | Equal-Weight → Overweight | Morgan Stanley |
| 6/13/2024 | $104.00 | Equal Weight | Barclays |
| 5/23/2024 | $100.00 | Overweight → Equal-Weight | Morgan Stanley |
| 4/12/2024 | $135.00 → $120.00 | Overweight | Morgan Stanley |
| 1/11/2024 | $126.00 | Outperform | Macquarie |
| 6/5/2023 | Outperform | Bernstein | |
| 3/1/2023 | $85.00 → $100.00 | Neutral → Overweight | JP Morgan |
| 9/7/2022 | $120.00 → $90.00 | Overweight → Neutral | JP Morgan |
HANGZHOU, China, April 15, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE:DAO), an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals, today announced that the Company had filed its annual report on Form 20-F for the full year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The annual report is available on the Company's investor relations website at ir.youdao.com and on the SEC's website at www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request. Requests should be directed to Inves
HANGZHOU, China, April 15, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or ", the Company", )), a leading internet and game services provider, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the IR Department, NetEase, Inc., NetEase Building, No. 399 Wangshang Road, Binjiang District, Hangzhou, 310052, Pe
HANGZHOU, China, Feb. 20, 2025 /PRNewswire/ -- NetEase Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2024 ended December 31, 2024. Summary of Key Financial Metrics (RMB in thousands, unless otherwise stated) Year ended 31 December 2024 2023 (Unaudited) (Unaudited) Revenue 7,950,146 7,866,992 Gross profit 2,681,512 2,102,670 Profit before income tax 1,570,255 767,679 Profit for the period 1,565,369 734,182 Non-IFRS measure: Adjusted net profit (1) 1,700,078 818,500 Fiscal Year 2024 Key Financial Highlights Revenue was RMB8.0 billion, an increase of 1.1% compared with R
HANGZHOU, China, Feb. 20, 2025 /PRNewswire/ -- NetEase Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2024 ended December 31, 2024. Summary of Key Financial Metrics (RMB in thousands, unless otherwise stated) Year ended 31 December 2024 2023 (Unaudited) (Unaudited) Revenue 7,950,146 7,866,992 Gross profit 2,681,512 2,102,670 Profit before income tax 1,570,255 767,679 Profit for the period 1,565,369 734,182 Non-IFRS measure: Adjusted net profit (1) 1,700,078 818,500 Fiscal Year 2024 Key Financial Highlights Revenue was RMB8.0 billion, an increase of 1.1% compared with R
HANGZHOU, China, Feb. 20, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or the ", Company", )), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Net revenues were RMB26.7 billion (US$3.7 billion), a decrease of 1.4% compared with the same quarter of 2023.Games and related value-added services net revenues were RMB21.2 billion (US$2.9 billion), an increase of 1.5% compared with the same quarter of 2023.Youdao net revenues were RMB1.3 billion (US$183.6 million), a decrease of 9.5% compared with the same quarter of 2023.NetEase C
HANGZHOU, China, Feb. 20, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE:DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$183.6 million), representing a 9.5% decrease from the same period in 2023.- Net revenues from learning services were RMB617.7 million (US$84.6 million), representing a 21.2% decrease from the same period in 2023.- Net revenues from smart devices were RMB240.4 million (US$32.9 million), representing an 8.1% increase from the sa
6-K - NetEase, Inc. (0001110646) (Filer)
6-K - NetEase, Inc. (0001110646) (Filer)
20-F - NetEase, Inc. (0001110646) (Filer)
HANGZHOU, China, June 16, 2022 /PRNewswire/ -- NetEase Games, the online games division of NetEase, Inc. (NASDAQ:NTES, HKEX: 9999))), is excited to announce the appointment of Emile Liang as a Lead Producer of its Montréal Studio. Emile brings the studio more than two decades of rich industry expertise in triple-A game production. Located in Quebec, Canada, NetEase Games Montréal is a significant part of the Company's global strategy. The studio is dedicated to making contact with online gamers, talent and business partners in North America, and bringing top-quality games to international markets. As a 23-year veteran at Ubisoft, Emile has worked on seven shipped triple-A titles, the most re
SC 13G/A - NetEase, Inc. (0001110646) (Subject)
Morgan Stanley upgraded NetEase from Equal-Weight to Overweight and set a new price target of $108.00 from $90.00 previously
Barclays initiated coverage of NetEase with a rating of Equal Weight and set a new price target of $104.00
Morgan Stanley downgraded NetEase from Overweight to Equal-Weight and set a new price target of $100.00