NetEase (NASDAQ:NTES) Raised to “Buy” at Wall Street Zen

NetEase (NASDAQ:NTES) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other research firms have also recently issued reports on NTES. Barclays lowered their price objective on NetEase from $135.00 to $132.00 and set an “equal weight” rating on the stock in a report on Thursday, February 12th. Citigroup reiterated a “buy” rating on shares of NetEase in a report on Wednesday, February 11th. Nomura lowered their price objective on NetEase from $160.00 to $155.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating and issued a $154.00 price objective on shares of NetEase in a report on Monday, March 2nd. Finally, Benchmark restated a “buy” rating on shares of NetEase in a report on Friday. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.88.

NetEase Trading Up 1.9%

NTES stock opened at $116.55 on Friday. NetEase has a 12-month low of $106.06 and a 12-month high of $159.55. The stock has a market cap of $73.84 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.47 and a beta of 0.72. The business’s 50-day moving average is $114.55 and its 200 day moving average is $126.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of NetEase by 68,860.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,551,117 shares of the technology company’s stock worth $1,299,684,000 after purchasing an additional 8,538,717 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in NetEase by 25.2% in the first quarter. Renaissance Technologies LLC now owns 1,363,188 shares of the technology company’s stock valued at $152,595,000 after acquiring an additional 274,500 shares during the last quarter. Bank of America Corp DE lifted its holdings in NetEase by 111.4% in the first quarter. Bank of America Corp DE now owns 1,325,317 shares of the technology company’s stock valued at $148,356,000 after acquiring an additional 698,318 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in NetEase by 4.7% in the third quarter. Fisher Asset Management LLC now owns 1,133,052 shares of the technology company’s stock valued at $172,213,000 after acquiring an additional 50,861 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in NetEase by 16.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,079,110 shares of the technology company’s stock valued at $120,697,000 after acquiring an additional 155,784 shares during the last quarter. 11.07% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NetEase

Here are the key news stories impacting NetEase this week:

• Positive Sentiment: NetEase reported first-quarter revenue of about RMB 30.6 billion ($4.44 billion), topping analyst estimates and showing that demand in its gaming business remains strong. The company’s earnings call highlights also pointed to continued growth driven by successful game titles and a planned Q3 launch window for Sea of Elements. NetEase Announces First Quarter 2026 Unaudited Financial Results
• Positive Sentiment: NetEase also declared a first-quarter 2026 cash dividend for Hong Kong shareholders, which may appeal to income-focused investors and signal confidence in cash generation. NetEase Declares First-Quarter 2026 Cash Dividend for Hong Kong Shareholders
• Neutral Sentiment: Several market summaries and transcript write-ups focused on the earnings call and presentation, reinforcing that investors are still parsing management’s outlook and product pipeline. NetEase, Inc. (NTES) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the revenue beat, NetEase missed earnings per share expectations, reporting $0.51 per share versus forecasts of $2.19. That profit shortfall appears to be the main reason the stock has moved lower today, overshadowing the revenue outperformance. NetEase earnings report

About NetEase

NetEase, Inc (NASDAQ: NTES) is a Chinese technology company headquartered in Hangzhou that develops and operates Internet services and products. Founded in 1997 by William Ding (Ding Lei), the company has grown from an early web portal and e-mail provider into a diversified online services group. William Ding has served as the company’s founder and long-time leader, guiding its expansion into games, digital content and consumer services.

The company’s primary business is interactive entertainment: NetEase Games designs, develops and publishes PC and mobile games for domestic and international audiences, offering a mix of self-developed franchises and titles published under licensing and strategic partnerships.