Shares of NetEase have moved -2.2% today, and are now trading at a price of $92.81. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 1,227,951 compared to the stock's average volume of 1,561,177.
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company is now trading -30.55% away from its average analyst target price of $133.64 per share. The 27 analysts following the stock have set target prices ranging from $114.98 to $149.98, and on average give NetEase a rating of buy.
Over the last 52 weeks, NTES stock has risen 12.2%, which amounts to a -10.8% difference compared to the S&P 500. The stock's 52 week high is $118.9 whereas its 52 week low is $80.79 per share. With its net margins declining an average -3.2% over the last 6 years, NetEase may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) |
|---|---|---|---|
| 2022 | 13,990,577 | 2,877,007 | 21 |
| 2021 | 13,747,297 | 2,663,935 | 19 |
| 2020 | 11,289,982 | 1,889,692 | 17 |
| 2019 | 8,509,458 | 3,078,388 | 36 |
| 2018 | 9,767,501 | 942,101 | 10 |
| 2017 | 6,555,951 | 1,667,484 | 25 |
