Date | Price Target | Rating | Analyst |
---|---|---|---|
11/8/2023 | $7.00 → $4.59 | Buy → Neutral | Daiwa Securities |
3/20/2023 | $4.00 → $9.50 | Neutral → Outperform | Daiwa Securities |
2/24/2023 | $4.59 → $10.00 | Hold → Buy | Jefferies |
3/7/2022 | $13.00 → $15.00 | Equal-Weight → Overweight | Morgan Stanley |
2/25/2022 | $15.00 → $15.50 | Neutral → Buy | Citigroup |
9/3/2021 | $10.00 → $13.50 | Underperform → Neutral | Daiwa Securities |
8/30/2021 | $11.40 | Overweight → Equal-Weight | Morgan Stanley |
7/27/2021 | $38.00 → $9.30 | Buy → Neutral | Citigroup |
HANGZHOU, China, Aug. 22, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or the ", Company", ))), a leading internet and game services provider, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Net revenues were RMB25.5 billion (US$3.5 billion), an increase of 6.1% compared with the same quarter of 2023.Games and related value-added services net revenues were RMB20.1 billion (US$2.8 billion), an increase of 6.7% compared with the same quarter of 2023.Youdao net revenues were RMB1.3 billion (US$181.9 million), an increase of 9.5% compared with the same quarter of 2023.Cloud Music net revenues w
HANGZHOU, China, Aug. 22, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$181.9 million), representing a 9.5% increase from the same period in 2023.- Net revenues from learning services were RMB643.8 million (US$88.6 million), representing a 5.5% decrease from the same period in 2023.- Net revenues from smart devices were RMB166.7 million (US$22.9 million), representing a 25.0% decrease from the same period in 2023.- N
HANGZHOU, China, Aug. 5, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or the ", Company", ))), a leading internet and game services provider, today announced that it will report financial results for the 2024 second quarter on Thursday, August 22, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 8:00 a.m. Eastern Time on Thursday, August 22, 2024 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, August 22, 2024). NetEase's management will be on the call to discuss the quarterly results and answer questions. Interested parties may participate in the conference call by dialing 1-914-202-3258 and providing con
Daiwa Securities downgraded Youdao from Buy to Neutral and set a new price target of $4.60 from $7.00 previously
Daiwa Securities upgraded Youdao from Neutral to Outperform and set a new price target of $9.50 from $4.00 previously
Jefferies upgraded Youdao from Hold to Buy and set a new price target of $10.00 from $4.60 previously
6-K - Youdao, Inc. (0001781753) (Filer)
6-K - Youdao, Inc. (0001781753) (Filer)
6-K - Youdao, Inc. (0001781753) (Filer)
SC 13G/A - Youdao, Inc. (0001781753) (Subject)
SC 13G/A - Youdao, Inc. (0001781753) (Subject)
SC 13G/A - Youdao, Inc. (0001781753) (Subject)
NetEase, Inc (NASDAQ:NTES) reported fiscal first-quarter 2024 revenue growth of 7.2% year-on-year to $3.72 billion (26.9 billion Chinese yuan), missing the analyst consensus estimate of $3.79 billion. The Chinese gaming player's adjusted EPADS of $1.81 beat the analyst consensus estimate of $1.79. Segments and margins: Games and related value-added services revenues grew 7.0% year over year to $3.0 billion. The corresponding gross margin increased by 280 bps to 69.5%, attributable to changes in revenue contribution from different platforms and revenues from NetEase's self-developed games. Youdao, Inc.'s (NYSE:DAO) revenue climbed by 19.7% year over year to $192.8 million, but the co
Youdao (NYSE:DAO) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.12) by 116.67 percent. This is a 108.7 percent increase over losses of $(0.23) per share from the same period last year. The company reported quarterly sales of $192.80 million which beat the analyst consensus estimate of $186.62 million by 3.31 percent. This is a 13.82 percent increase over sales of $169.38 million the same period last year.
NetEase, Inc (NASDAQ:NTES) reported fourth-quarter fiscal 2023 revenue growth of 7.0% year-on-year to $3.82 billion, missing the consensus of $3.94 billion. The Chinese gaming player’s adjusted EPADS of $1.60 missed the consensus of $1.71. The stock price slid after the results. Segments and margins: Games and related value-added services revenues grew 9.6% Y/Y to $2.9 billion. The corresponding gross margin increased by 1,040 bps to 69.5%, attributable to a higher proportion of net revenues from NetEase’s self-developed games. Also Read: Tencent And NetEase Surge After Chinese Regulator Pulls Draft Gaming Rules From Website Youdao, Inc (NYSE:DAO) revenue climbed by 1.8% Y/Y to $
HANGZHOU, China, Aug. 22, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or the ", Company", ))), a leading internet and game services provider, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Net revenues were RMB25.5 billion (US$3.5 billion), an increase of 6.1% compared with the same quarter of 2023.Games and related value-added services net revenues were RMB20.1 billion (US$2.8 billion), an increase of 6.7% compared with the same quarter of 2023.Youdao net revenues were RMB1.3 billion (US$181.9 million), an increase of 9.5% compared with the same quarter of 2023.Cloud Music net revenues w
HANGZHOU, China, Aug. 22, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$181.9 million), representing a 9.5% increase from the same period in 2023.- Net revenues from learning services were RMB643.8 million (US$88.6 million), representing a 5.5% decrease from the same period in 2023.- Net revenues from smart devices were RMB166.7 million (US$22.9 million), representing a 25.0% decrease from the same period in 2023.- N
HANGZHOU, China, Aug. 5, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ:NTES, ", NetEase", or the ", Company", ))), a leading internet and game services provider, today announced that it will report financial results for the 2024 second quarter on Thursday, August 22, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 8:00 a.m. Eastern Time on Thursday, August 22, 2024 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, August 22, 2024). NetEase's management will be on the call to discuss the quarterly results and answer questions. Interested parties may participate in the conference call by dialing 1-914-202-3258 and providing con