NTES - NetEase, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
233.74
+6.12 (+2.69%)
As of 10:22AM EST. Market open.
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Previous Close227.62
Open235.00
Bid232.00 x 1000
Ask232.60 x 800
Day's Range231.00 - 238.70
52 Week Range184.60 - 329.00
Volume519,398
Avg. Volume761,100
Market Cap30.697B
Beta (3Y Monthly)0.51
PE Ratio (TTM)35.05
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
  • Amazon is reportedly merging its China import unit with NetEase
    TechCrunch4 hours ago

    Amazon is reportedly merging its China import unit with NetEase

    You'd be forgiven for not knowing Amazon has operated in China for more thana decade, but perhaps not for much longer

  • Reuters16 minutes ago

    Amazon's China unit in merger talks with NetEase's Kaola - report

    Kaola, owned by Nasdaq-listed NetEase Inc, sells apparel, household appliances and other products, and is the biggest among Chinese shopping sites that focus on imported goods, followed by Tmall Global and JD Worldwide, according to a report from consulting agency iiMedia. It buys goods directly from overseas manufacturers and last year it imported more than 5,000 brands from 80 countries.

  • Reuters51 minutes ago

    Amazon's China unit in merger talks with NetEase's Kaola: report

    Kaola, owned by Nasdaq-listed NetEase Inc, sells apparel, household appliances and other products, and is the biggest among Chinese shopping sites that focus on imported goods, followed by Tmall Global and JD Worldwide, according to a report from consulting agency iiMedia. It buys goods directly from overseas manufacturers and last year it imported more than 5,000 brands from 80 countries.

  • Ringcentral (RNG) Looks Good: Stock Adds 6.1% in Session
    Zacks6 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 Trends11 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 Realist12 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

  • GlobeNewswire12 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 Realist13 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%
    Zacks14 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.

  • InvestorPlace18 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.com18 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 Realist19 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 Newswire20 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 Newswire21 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.