Professional
Added to YB: 2024-02-14
Pitch date: 2024-02-12
NTES [bullish]
NetEase, Inc.
+37.43%
current return
Author Info
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Company Info
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.
Market Cap
HKD 591.8B
Pitch Price
HKD 101.24
Price Target
150.00 (+8%)
Dividend
1.97%
EV/EBITDA
12.03
P/E
16.55
EV/Sales
4.07
Sector
Entertainment
Category
growth
Show full summary:
NetEase, Inc.: We See Resilience and Value in the Interactive Media Sector
$NTES: Resilient in tough macro w/ $150 PT. #2 mobile game co benefits from new titles & licenses. Iconic games, top brands & new franchises drive 30%+ gaming margins. Cloud Music to grow on affordable streaming & sticky subs. Risks: Chinese regs, user shifts, gaming concerns.
Read full article (9 min)