Netease's third-quarter report is about to be released! Some games' performance, as stated by institutions, may be worth paying attention to.
How is netease's performance in the third quarter? How do institutions view netease's gaming business?
"Great Impact" Morgan Stanley's first choice for digital entertainment has been switched from Bilibili (09626.HK) to Netease (NTES.US).
JPMorgan released a research report stating that it is switching its top preference for digital entertainment from Bilibili (09626.HK) to Netease (09999.HK) (NTES.US) to better reflect its optimism about Netease's stock performance in the next 6 to 12 months. The bank believes that Netease's gaming revenue will turn positive starting from the first quarter of next year, with a PE ratio of 11 times. The bank points out that Netease's performance in the third quarter was not surprising, and significant financial data fell short of expectations, which may have a negative impact on the stock price. However, the bank believes that from a 6 to 12 month perspective, the risk-return ratio has become attractive. The bank believes that investors are nearing
[Brokerage Focus] UBS Group's feedback on the china internet plus-related industry market: Investor sentiment and industry trends.
UBS Group recently conducted a survey of 59 investors in asia, the results show that investors maintain a strong interest in china's internet plus-related industry, but adopt a cautious attitude towards online media and gaming industries. Investors prefer sub-industries that are more sensitive to the macroeconomy, such as e-commerce and local services.
Netease (09999.HK) latest rating and target price (table) (updated)
NetEase-S (09999.HK) will announce its third-quarter performance for this year after the market closes this Thursday (the 14th). Due to the impact of the higher base caused by the launch of games such as 'Hand in Hand Cold Hands', 'Peak Speed', 'Full Ming Street Basketball Party' in the same period last year, slightly lower-than-expected performance during the quarter, and exchange losses, our site has compiled predictions from 8 brokerages. NetEase's Non-GAAP attributable to shareholders' continued operation net profit for the third quarter of this year is expected to range between 7.1 billion yuan and 8.367 billion yuan, compared to 8.645 billion yuan in the same period of 2023, with a year-on-year decrease of 3.2% to 17.9%. The median is 7.787 billion yuan, a year-on-year decrease of 9.9%.
According to "Jiqian," brokerages expect netease (09999.HK) to report a 10% year-on-year decline in adjusted net profit for the third quarter, with attention on management and business guidance (update).
NetEase-S (09999.HK) will announce its third-quarter performance for this year after the market closes this Thursday (the 14th). Due to the impact of the higher base caused by the launch of games such as 'Hand in Hand Cold Hands', 'Peak Speed', 'Full Ming Street Basketball Party' in the same period last year, slightly lower-than-expected performance during the quarter, and exchange losses, our site has compiled predictions from 8 brokerages. NetEase's Non-GAAP attributable to shareholders' continued operation net profit for the third quarter of this year is expected to range between 7.1 billion yuan and 8.367 billion yuan, compared to 8.645 billion yuan in the same period of 2023, with a year-on-year decrease of 3.2% to 17.9%. The median is 7.787 billion yuan, a year-on-year decrease of 9.9%.
The Zephirin Group Adjusts NetEase's Price Target to HK$104 From HK$115, Keeps at Strong Sell