NetEase (NTES): Gaming Demand Drives Stock MomentumNetEase, Inc. (NTES) is a leading Chinese internet and gaming company, best known for developing and operating some of the most popular online games in China. The company also runs platforms for online education, music streaming, and e-commerce. With a strong portfolio of in-house games and partners
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
6.45 USD
4.13 B USD
14.63 B USD
621.89 M
About NetEase, Inc.
Sector
Industry
CEO
Lei Ding
Website
Headquarters
Hangzhou
Founded
1997
FIGI
BBG000BX72V8
NetEase, Inc. is an internet technology company, which engages in the provision of premium online services centered around content, community, communication and commerce. It develops and operates some of the most popular PC-client and mobile games in China. The firm also operates some of the most popular international online games in China by partnering with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers. NetEase also offers other services, including the intelligent learning services of its majority-controlled subsidiary, Youdao, its music streaming platform, NetEase Cloud Music, and its private label e-commerce platform, Yanxuan. The company operates through the following business segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. The Online Game Services segment produces online PC-client games. The Youdao segment is an online education service provider in China. The Cloud Music segment represents revenue from online music services through the sales of membership subscriptions in various content and service packages. The Innovative Businesses and Others segment offers other services, which includes live video streaming and its private label e-commerce platform, Yanxuan. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.
NetEase, Inc. – Head & Shoulders Breakdown Setup📉 Short Setup
🔍 Description:
NetEase (NASDAQ: NTES) is forming a Head & Shoulders pattern, a bearish reversal signal. A breakdown below the confirmation level would confirm the setup and indicate further downside.
📊 Trade Details:
Entry: Below confirmation level
🔴 Stop Loss: 109.37
$NTES NETEASE to benefit from Chinese stimulus.NetEase, Inc. is a prominent Chinese internet technology firm established by Ding Lei in June 1997. The company offers a diverse range of online services encompassing content, community engagement, communication, and commerce. It specializes in the development and operation of online games for both
This Chinese stock might have a big fall before new highs.NTES is more likely to drop at this point. I would long in the BOX. I expect Netease to drop with the other chinese stocks, but It wont have as large of a recovery as baba, nio and bidu. If it ever gets to the box i would take a long term position.
5/22/24 - $ntes - i'd buy the AM print, valuation checks boxes5/22/24 - vrockstar - NASDAQ:NTES - not typically one i'd buy to hold, but the setup looks reasonable into the print at 13x PE, growing LSD and throwing off mountains of cash (and the buyback presumably should increase) and without a stock comp issue as i've discussed in other comments. high singl
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where NTES is featured.