Unveiling the Potential of NetEase Stocks

Shares of Technology sector company NetEase moved 6.2% today, and are now trading at a price of $94.15. The Large-Cap stock's daily volume was 2,888,239 compared to its average volume of 1,648,155. The S&P 500 index returned a 1.0% performance.

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company is based in Hangzhou and has 29,128 full time employees. Its market capitalization is $61,293,535,232. NetEase currently offers its equity investors a dividend that yields 17.5% per year.

28 analysts are following NetEase and have set target prices ranging from $101.92 to $147.78 per share. On average, they have given the company a rating of buy. At today's prices, NTES is trading -28.52% away from its average analyst target price of $131.71 per share.

Over the last year, NTES shares have gone down by -3.0%, which represents a difference of -27.0% when compared to the S&P 500. The stock's 52 week high is $118.9 per share and its 52 week low is $81.3. With average free cash flows of $3.26 Billion that have been growing at an average rate of 19.1% over the last 5 years, NetEase declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 4,976,306 324,167 4,652,139 25.29
2022 4,017,461 304,510 3,712,951 1.44
2021 3,911,547 251,362 3,660,185 0.21
2020 3,814,281 161,773 3,652,508 58.86
2019 2,472,990 173,731 2,299,259 45.2
2018 1,951,260 367,704 1,583,556
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.