5 Analysts Assess NetEase: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have published ratings on NetEase (NASDAQ:NTES), with a mix of bullish and bearish perspectives. The average 12-month price target is $119.0, with a high of $145.00 and a low of $100.00. Recent analyst actions include Barclays' Jiong Shao announcing an Equal-Weight rating with a $104.00 price target, Benchmark's Fawne Jiang raising the price target to $145.00, and Morgan Stanley's Alex Poon lowering the price target to $100.00. NetEase has shown positive revenue growth and strong financial metrics, including a net margin of 28.43% and a debt-to-equity ratio of 0.2.
June 13, 2024 | 3:00 pm
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NetEase (NASDAQ:NTES) has received mixed ratings from analysts over the past three months, with an average 12-month price target of $119.0. Recent actions include Barclays' Equal-Weight rating and Benchmark's raised target to $145.00. The company's strong financial metrics, including a net margin of 28.43% and a debt-to-equity ratio of 0.2, indicate robust performance.
The mixed analyst ratings and recent price target adjustments indicate a diverse range of perspectives on NetEase's future performance. However, the company's strong financial metrics, including a high net margin and low debt-to-equity ratio, suggest a positive outlook. The average price target of $119.0, despite being lower than previous estimates, still indicates potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100