NTES - NetEase, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
227.62
-13.52 (-5.61%)
At close: 4:00PM EST
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Previous Close241.14
Open241.75
Bid228.00 x 1800
Ask229.00 x 800
Day's Range226.08 - 241.75
52 Week Range184.60 - 329.00
Volume1,106,252
Avg. Volume760,971
Market Cap29.893B
Beta (3Y Monthly)0.51
PE Ratio (TTM)34.13
EPS (TTM)6.67
Earnings DateFeb 20, 2019
Forward Dividend & Yield1.67 (0.69%)
Ex-Dividend Date2018-11-29
1y Target Est288.99
Trade prices are not sourced from all markets
  • Tencent, Netease Win New Game Approvals After Months of Freeze
    Bloomberg24 days ago

    Tencent, Netease Win New Game Approvals After Months of Freeze

    Jan.24 -- Tencent Holdings Ltd. and Netease Inc. got several of their less-important games approved in China, ending a months-long freeze imposed by regulators. Lulu Chen reports on "Bloomberg Markets: China Open."

  • Ringcentral (RNG) Looks Good: Stock Adds 6.1% in Session
    Zacks5 days ago

    Ringcentral (RNG) Looks Good: Stock Adds 6.1% in Session

    Ringcentral (RNG) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • ETF Trends10 days ago

    This Sector is Hot in China, Too

    Last year, the communication services sector, a refreshed view on the old telecommunications sector, debuted as the newest S&P 500 sector. Today, the group is the fourth-largest sector weight in the S&P ...

  • Things Look Bright for Tencent in 2019
    Market Realist11 days ago

    Things Look Bright for Tencent in 2019

    Tech Updates: PayPal, Square, Spotify, and Tencent(Continued from Prior Part)China resumes games approval China recently resumed approval of new video games after a nearly nine-month pause, and several Tencent (TCEHY) games have been cleared for

  • GlobeNewswire11 days ago

    Research Report Identifies American Homes 4 Rent, SiteOne Landscape Supply, Service Corporation International, Enable Midstream Partners, LP, NetEase, and Acco Brands with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement

    NEW YORK, Feb. 07, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Gaming Industry Struggles Continue with EA’s Top-Line Miss
    Market Realist12 days ago

    Gaming Industry Struggles Continue with EA’s Top-Line Miss

    Gaming Industry Struggles Continue with EA’s Top-Line MissGaming industry Electronic Arts (EA) released its fiscal 2019 third-quarter earnings yesterday after markets closed. The stock was trading sharply lower in after-hours trading yesterday.

  • Ellie Mae (ELLI) Jumps: Stock Rises 9.9%
    Zacks13 days ago

    Ellie Mae (ELLI) Jumps: Stock Rises 9.9%

    Ellie Mae (ELLI) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.

  • InvestorPlace17 days ago

    Why Investors Should Take Profits in Zynga Stock Before Its Earnings

    Mobile-gaming company Zynga Inc (NASDAQ:ZNGA) has been on a wild ride over the past year. During the past twelve months, Zynga stock has gone from $3.30, to $4.50, back to $3.30, and back to $4.50. Needless to say, it's been a roller coaster ride for the owners of ZNGA stock. This roller-coaster ride won't end any time soon. If anything, it could get even worse, since the company's fourth-quarter numbers are due out on Feb. 6. Heading into that report, Zynga stock is out over its skis. Its valuation is pushing the upper limits of its historical range. ZNGA stock price has rallied more than 30% over the past two months. It's technically overbought, and it's way above its moving averages. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 S&P 500 Stocks to Buy That Tore Up Earnings In other words, all the good news seems priced into Zynga stock. Sure, there is a chance that the company's fourth-quarter numbers will blow the consensus estimates out of the water, enabling Zynga stock to continue its torrid run higher. But, all things considered, the likelihood of Zynga stock popping after the company's Q4 earnings is slim. As a result, this looks like a good time for investors to take the profits they've earned from Zynga stock. Over the long-term, this stock could march higher. But, in the near- term, ZNGA stock needs a breather, and the stock may take that much-needed breather after its Q4 earnings. ### This Is a Volatile And Risky Stock Back in February 2018, I wrote an article calling Zynga stock a high-risk, high-reward play on the fickle but potentially huge mobile-gaming sector. Not much has changed about Zynga's operating fundamentals since then. Consequently, Zynga still remains a high-risk, high-reward name. A few years back, Zynga shifted its focus almost exclusively to the mobile-gaming sector. In conjunction with that step, it narrowed its content portfolio, emphasizing games that were different from traditional video-game titles. This pivot has paid off tremendously for ZNGA. Its user growth, engagement growth, bookings growth, and advertising growth have all meaningfully improved over the past several years. Moreover, its margins have expanded, and its profits have significantly improved. The bull thesis on ZNGA stock is based on the idea that Zynga can transform itself into a global-mobile- gaming giant in a multi-billion dollar mobile-gaming industry. That bull thesis makes sense… if you think the mobile-gaming space can continue to grow rapidly over the next several years. I'm not convinced. Mobile engagement is rising. But a majority of the increase is due to the increased popularity of social media, not gaming. The mobile-gaming market is growing, too, but most of that growth is happening in China, thanks to the increased proliferation of smartphones in that country. In China, mobile gaming is dominated by Tencent (OTCMKTS:TCEHY) and NetEase (NASDAQ:NTES). Meanwhile, in the U.S., where Zynga rules, there are signs that the mobile gaming market may have already peaked. In the big picture, it seems like social-media platforms are becoming more multi-purpose than ever before, and in so doing, are taking share away from mobile-gaming platforms. If that trend continues, Zynga's future isn't so bright. Apparently, the market is also concerned about this issue. That's why Zynga stock has been stuck between $2 and $5 for five years. Until those concerns ease - and they won't anytime soon - it is highly unlikely that Zynga stock will break out of the multi-year trading range in which it is currently trapped. ### Zynga Stock Needs to Cool Down Right now, Zynga stock is at the upper end of its multi-year trading range. Meanwhile, its price-sales ratio has reached a multi-year high of 4.5, and Zynga is up more than 30% over the past two months, technically putting it in overbought territory, according to the Relative Strength Index. In other words, Zynga stock is red-hot right now. It's also arguably overvalued and technically overbought. In light of those conditions, Zynga stock looks poised to pull back in the near-term. Such a pullback could happen within the next week. Zynga is supposed to report its fourth-quarter numbers on Feb. 6. Those numbers likely won't be good enough to impress the investors who have pushed the stock up 30% over the past two months. Instead, the numbers will likely be similar to the company's third-quarter results, which were shaky and featured drops in daily and monthly active users. If the Q4 results do look like the Q3 numbers, Zynga stock will drop, and not by a little. ### The Bottom Line on ZNGA Stock There is a chance that Zynga will become a long-term winner as the company extends its dominance in the potentially huge mobile-gaming market. But some big risks could derail that bull thesis, and those risks aren't going away any time soon. As a result, this rally of Zynga stock looks more like a continuation of the stock's wild coaster ride than the beginning of a breakout. Consequently, fading the rally ahead of the company's earnings seems to be the smart move. As of this writing, Luke Lango was long TCEHY. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post Why Investors Should Take Profits in Zynga Stock Before Its Earnings appeared first on InvestorPlace.

  • Investing.com17 days ago

    Sony Slumps Midday on Lower 2019 Forecasts

    Sony (NYSE:SNE) fell 8% in New York after it lowered its revenue forecast to 8.5 trillion yen ($78 billion) from 8.7 trillion yen due to lower demand for its semiconductors from smartphone makers.

  • NetEase Picks Up Minority Stake in France’s Quantic Dream
    Market Realist18 days ago

    NetEase Picks Up Minority Stake in France’s Quantic Dream

    NetEase Picks Up Minority Stake in France's Quantic DreamNetEase’s minority stakeOn January 30, NetEase (NTES), a well-known gaming company in China, picked up a minority stake in Quantic Dream for an undisclosed amount. The latter is a leading

  • PR Newswire19 days ago

    NetEase to Report Fourth Quarter and Fiscal Year 2018 Financial Results on February 20

    BEIJING , Jan. 30, 2019 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) today announced that it will report financial results for the fourth quarter and 2018 fiscal year on Wednesday, February 20, 2019 , ...

  • PR Newswire20 days ago

    NetEase Games Acquires Minority Stake in Quantic Dream

    GUANGZHOU, China, Jan. 29, 2019 /PRNewswire/ -- NetEase Games, the online games division of NetEase, Inc. (NTES), one of China's largest internet companies, today announced that it has acquired a minority stake in Quantic Dream S.A. to further the development and distribution of global online games. Quantic Dream will continue to operate independently under the direction of industry veterans David Cage and Guillaume de Fondaumière.

  • Chinese gaming giant grabs stake in 'Detroit' studio Quantic Dream
    Engadget20 days ago

    Chinese gaming giant grabs stake in 'Detroit' studio Quantic Dream

    China's NetEase may be struggling to get its games whitelisted in its native country, but that isn't stopping it from making waves in the wider gaming industry. The internet giant's gaming unit has acquired a minority stake in David Cage's studio Quantic Dream, best known for its cinematic PlayStation exclusives Heavy Rain and Detroit: Become Human, both of which incorporate interactive storytelling techniques and motion capture technology.

  • China expands its gaming whitelist with titles from Tencent and NetEase
    Engadget21 days ago

    China expands its gaming whitelist with titles from Tencent and NetEase

    More than a month after China lifted its freeze on video games, it's finally given the all clear to a handful of titles from the country's two biggest publishers. Offerings from Tencent and NetEase are on the latest list of 95 government-approved games, according to the South China Morning Post. The video game blockade was introduced in March as the government began restructuring the country's gaming body amid renewed criticism of addiction and sexual and violent content.

  • Reuters23 days ago

    Tencent gets China nod for two mobile games, but not for blockbusters

    Chinese regulators have approved two of Tencent's mobile games for commercial launch, the first green lights for the firm in almost a year, though they are yet to make a keenly-awaited ruling on blockbuster PlayerUnknown's Battlegrounds. China's State Administration of Press, Publication, Radio, Film and Television on Thursday approved 95 games in its fourth list since December, including two mobile games from Tencent Holdings Ltd and one from NetEase Inc (NTES.O), government data showed. The Tencent games are Wood Joints and Folding Fan, both educational games that teach traditional Chinese architecture and craftsmanship.

  • Reuters23 days ago

    UPDATE 2-Tencent gets China nod for two mobile games, but not for blockbusters

    Chinese regulators have approved two of Tencent's mobile games for commercial launch, the first green lights for the firm in almost a year, though they are yet to make a keenly-awaited ruling on blockbuster PlayerUnknown's Battlegrounds. China's State Administration of Press, Publication, Radio, Film and Television on Thursday approved 95 games in its fourth list since December, including two mobile games from Tencent Holdings Ltd and one from NetEase Inc, government data showed. The Tencent games are Wood Joints and Folding Fan, both educational games that teach traditional Chinese architecture and craftsmanship.

  • China Stocks Jump As Regulators Approve More Online Games
    Investor's Business Daily24 days ago

    China Stocks Jump As Regulators Approve More Online Games

    Tencent, NetEase, Sina and other China stocks rose Friday after Chinese regulators approved more online games following a nine-month freeze over violent content concerns.

  • TheStreet.com24 days ago

    Tencent Poised for Stock Price Gains After Key Government Approval

    has been held ransom by the Chinese government, which froze the approval of new video games in China for nine months. , the two largest Chinese video game makers, have both just won their first licenses for new games after that government-enforced hiatus. Tencent and NetEase rely on video games as their largest revenue generators.

  • Reuters24 days ago

    Tencent shares jump 3 percent after Chinese regulators approve new games

    Tencent Holdings Ltd saw its shares jump more than 3 percent on Friday as investors cheered Chinese regulators' approval of mobile games published by the industry leader for the first time since a freeze on approvals imposed in March. The State Administration of Press, Publication, Radio, Film and Television on Thursday approved 95 games in its fourth list since December, with two mobile games from Tencent and a first from NetEase Inc. Tencent, Asia's biggest listed firm by market value, has been reeling from increased scrutiny of online gaming amid calls to tackle child addiction in the world's largest gaming market.

  • Reuters24 days ago

    Tencent shares jump 3 pct after Chinese regulators approve new games

    Tencent Holdings Ltd saw its shares jump more than 3 percent on Friday as investors cheered Chinese regulators' approval of mobile games published by the industry leader for the first time since a freeze on approvals imposed in March. The State Administration of Press, Publication, Radio, Film and Television on Thursday approved 95 games in its fourth list since December, with two mobile games from Tencent and a first from NetEase Inc. Tencent, Asia's biggest listed firm by market value, has been reeling from increased scrutiny of online gaming amid calls to tackle child addiction in the world's largest gaming market.

  • The Wall Street Journal24 days ago

    [$$] Tencent Wins Approval For Two Titles After Gaming Freeze in China

    Videogame maker Tencent won approval for two of its games from Chinese regulators following the end of a regulatory freeze on new gaming licenses that lasted most of last year.

  • InvestorPlace25 days ago

    Weibo Stock Looks Cheap

    If you glance at the one-year chart of Weibo (NASDAQ:WB) stock, you'll see that it has mostly trended downward. During this period, WB stock has gone from $140 to $53.50. And even though tech stocks have attracted many buyers so far in 2019, Weibo hasn't followed that trend. This week, WB stock has plunged by about 10%. The main cause of the weakness this week was a downgrade of WB stock by Nomura Instinet from "buy" to "neutral." Nomura, whose downgrade was very late, coming after the huge decline of WB stock, also cut its price target on Weibo stock from $74 to $64. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks to Buy Right Now It's true that WB does face some legitimate issues. U.S.-Chinese relations continue to be dicey, as there is buzz that the negotiations between the nations are going sideways. In the meantime, the Chinese economy is decelerating. In Q4, its gross domestic product (GDP) grew by 6.4%, which was the slowest increase in 28 years. This is despite the fact that the Chinese government, using methods such as tax cuts and easier monetary policies, has been ramping up its efforts to stimulate the economy. Yet despite all this, I still think the selloff of WB stock has been overdone. The fact is that the company has built a solid digital platform. It's essentially the Twitter (NYSE:TWTR) of China, but it's growing much more quickly than TWTR and has higher margins, giving WB stock an edge over Twitter stock. Consider Weibo's third-quarter results. The company's net revenues soared by 44% year-over-year to $460.2 million, and its net income jumped by 63% to $165.3 million. Moreover, WB continues to show strong user growth. In Q4, 70 million net monthly active users were added, pushing its total MAUs to 446 million. A key part of Weibo's success is that it has been laser-focused on its core competency: allowing people to discover and share news. As a result, WB has benefited from strengthening engagement trends and increased overall popularity. WB also has a strong balance sheet, as it has about $1.6 billion in the bank. One good example of WB's strategy is its investment in improving advanced recommendation algorithms, which enable it to promote much more relevant trending topics and content. Another factor that has strengthened WB is its strong video platform. In an effort to further enhance its video offerings, WB has been focusing on live broadcasting, which has become quite popular with its users. ### The Bottom Line on Weibo Stock Weibo will probably not be immune from the problems of the Chinese economy. Let's face it, when growth starts to slow down, the first area that companies look to spend less on is advertising. But Weibo stock still has a number of offsetting, positive catalysts. One such catalyst is the strong, continuous increase in the usage of digital platforms in China. In other words, companies will continue to spend more on internet ads, benefiting WB and, ultimately, WB stock. Secondly, the valuation of WB stock is certainly much more attractive now than it was six months ago, as its forward price-earnings multiple is now 17. It seems that a great deal of top-line pressure is already baked into WB stock at its current levels. What's more, Weibo stock is cheap compared to other Chinese internet companies like Alibaba (NYSE:BABA), whose forward price-earnings multiple is 23, and NetEase (NASDAQ:NTES), which has a forward price-earnings multiple of 30. Granted, Weibo stock will likely continue to be volatile. But for investors looking for an interesting play on China -- which has seen a steep drop in overall valuations -- WB stock looks like a good choice. Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks to Buy Right Now * 7 Stocks That Have Big Headwinds In 2019 * 5 Terrific Tech Stocks That Will Make You Forget About FANG Compare Brokers The post Weibo Stock Looks Cheap appeared first on InvestorPlace.

  • China finally grants a game license to Tencent
    TechCrunch25 days ago

    China finally grants a game license to Tencent

    Tencent has finally come out of a prolonged freeze on game approvals as Beijing granted licenses to two of its mobile games this month. According to a notice published by China's State Administration of Press, Publication, Radio, Film and Television on January 24, Tencent is one of nearly 200 games assigned licenses in January. Tencent is best known for its immensely popular WeChat messenger, but gaming makes up a bulk of its earnings.