Your Best Stock

NetEase NTES

$118.14
+$1.12 (+0.95%)
Market open · Sep 24, 1:10 pm ET
After hours $117.02 0.00%
Open$119.00
Prev close$117.02
Day range$117.78 – $119.06
Volume157.3K
Market cap$75.39B
P/E (TTM)15.8
Dividend yield2.62%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

NTES at a glance

NTES last changed hands at $118.14 (up 0.95%). At $75.39B, NetEase is ranked #222 by size among the 300 stocks on BeStock.

Over the past 52 weeks it has traded between $105.01 and $152.74, so it sits 22.7% below the top of that range. Holders are behind 19.4% over twelve months, but up 0.8% across the last three months.

On the chart it has slipped under both the 50-day ($123.61) and 200-day ($122.33) moving averages; RSI is 44, and the last 30 sessions moved at roughly 40% annualized volatility.

In the quarter ended Jun 2026 the company brought in CN¥30.11B of revenue, up 7.9% from a year earlier, with CN¥7.17B of net profit (a 27.9% margin).

The stock changes hands at 15.8 times trailing earnings, 17% below its five-year average of 19.1. The median for its industry group is 17.0.

6 analysts follow the stock and the average call is "buy". The mean target, $160.58, sits 35.9% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

NetEase: the business

NetEase is a Chinese internet company known for online games such as Fantasy Westward Journey, plus music streaming and education.

What tends to move it. New game launches and China regulatory policy on gaming drive results. It pays a growing dividend.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+1.0%
1 week
+0.3%
1 month
-3.5%
3 months
+0.8%
6 months
+6.4%
Year to date
-12.4%
1 year
-19.4%
Day range
$117.78$119.06
52-week range
$105.01$152.74

Technical signals

Full technicals →
Trend readLeaning bearish

2 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-0.4%Bearish
Price vs 50-day average-4.4%Bearish
Price vs 200-day average-3.4%Bearish
50-day vs 200-day50d above 200dBullish
RSI (14)44.1Bearish
MACD (12,26,9)-1.82Bullish
Bollinger band position45%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$118.07 / $118.20
Average price today$118.37
Volume157.3KAvg (90d) 928.9K
Turnover$18.62M
Turnover rate0.05%of shares outstanding
Volume ratio0.57vs. recent average pace
Day amplitude1.09%
Market cap$75.39B
Float market cap$41.11B
Shares outstanding347.99M
EPS (TTM)$7.80
P/E (TTM)15.76
P/B3.03
Book value / share$38.99
Earnings yield0.19%
Dividend (TTM)$3.09 / shareYield 2.62%
Net profit (TTM)$4.98B
Net assets$24.88B
30-day volatility40.3%annualized
Avg daily range (ATR)1.82%of price, 14 days
Max drawdown (1y)-30.5%-24.1% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How NTES ranks on BeStock

Market value#222 of 300
P/E (cheapest = 1)#42 of 283
Dividend yield#76 of 244
Closeness to 52-week high#234 of 300
Dollar volume today#296 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in CNY

RevenueCN¥30.11B+7.9% YoY
Operating profitCN¥12.09B+33.4% YoY
Net profitCN¥7.17B-21.1% YoY
Diluted EPSCN¥10.85-18.7% YoY
Free cash flowCN¥9.89B-4.5% YoY
Operating cash flowCN¥9.97B

Revenue, last 8 quarters

CN¥26.2BSep '24CN¥26.7BDec '24CN¥28.8BMar '25CN¥27.9BJun '25CN¥28.4BSep '25CN¥27.5BDec '25CN¥30.6BMar '26CN¥30.1BJun '26

Net profit, last 8 quarters

CN¥6.7BSep '24CN¥8.9BDec '24CN¥10.5BMar '25CN¥9.1BJun '25CN¥8.8BSep '25CN¥6.4BDec '25CN¥10.8BMar '26CN¥7.2BJun '26

Profitability & balance sheet

Gross margin67.2%
Operating margin35.2%
Net margin27.9%
Return on equity20.5%
Return on assets14.8%
Return on invested capital17.3%
Current ratio3.45
Liabilities / assets26.1%
Cash & investmentsCN¥175.39B
Total debtCN¥12.60B
Net cash (debt)CN¥162.79B
Free cash flow / sales42.9%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Games and related value-added servicesCN¥25.02B 83.1%
  • NetEase Cloud MusicCN¥1.98B 6.6%
  • Innovative businesses and othersCN¥1.64B 5.4%
  • YoudaoCN¥1.47B 4.9%
Average move on report day±4.7%last 16 reports
Closed higher4 of 1625% of the time
Best reaction+14.6%
Worst reaction-11.2%

Stock move on the day after each report

+10.4%2024/Q3-2.6%2024/Q4+14.6%2025/Q1-3.9%2025/Q2+0.4%2025/Q3-4.1%2025/Q4-2.1%2026/Q1-5.8%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings15.4x
CheapRich

Below its usual level · 23rd percentile, 5-year average 19.1x

#1146 of 2977 stocks by PE (1 = cheapest)

Price / book3.0x
CheapRich

Near the bottom of its 5-year range · 6th percentile, 5-year average 3.8x

#3557 of 5304 stocks by PB (1 = cheapest)

Price / sales4.2x
CheapRich

Below its usual level · 31st percentile, 5-year average 4.6x

#3614 of 5143 stocks by PS (1 = cheapest)

P/E over five years

10x21x31x41xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$200.00
Price vs. fair value-40.9%Trading below the estimate
Star rating★★★★☆
Economic moatNarrow
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts6
Average target$160.58+35.9% vs. price
  • Buy 83%
  • Hold 17%
Low $132.00Now $118.14Avg $160.58High $180.00

Latest rating actions

  • 24 Aug 2026Goldman SachsBUY · PT $168.00
  • 24 Aug 2026J.P. MorganBUY · PT $180.00
  • 21 Aug 2026CMBIBUY · PT $159.50
  • 20 Aug 2026BofA SecuritiesBUY · PT $174.00
  • 20 Aug 2026BarclaysHOLD · PT $132.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership34.4%-1.95 pts vs. prior quarter
Institutions holding788-11 vs. prior quarter
Insider trades (recent)0 buys / 0 sellsBalanced
Short interest0.42% of floatDays to cover 3.1 · as of 31 Aug 2026
Short-sale volume share16.5%5-day average of daily volume

Short-sale volume as % of daily volume

12%15%19%23%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$9.74M (9 inflow days, 11 outflow days).

Dividends

Dividend yield (TTM)2.62%
Last dividend$0.48Ex-date 3 Sep 2026
Next-to-last$0.72
Payments on file40

Dividends paid per share, by year

1.6620186.3420193.8620200.8320211.5220221.7620232.4420243.042025

Across the full calendar years shown, the annual payout grew by roughly 9.0% a year.

Latest headlines

More news →
  • UOB Kay Hian: Greater China Internet AI cloud adoption accelerates, e-commerce remains soft, gaming shows resilience; top picks include Alibaba, Trip.com, NetEase, and ZhipuAASTOCKS · 4 Sep 2026
  • NetEase (9999.HK): Evergreen titles, new releases, and overseas expansion create a balanced offensive-defensive strategy, continuously unlocking value realization potential.CN Index International · 12 Sep 2026
  • NetEase shares rose as strong second-quarter gaming revenue prompted Citi and Bank of America to raise their target prices.Gelonghui Finance · 21 Aug 2026
  • Daiwa raises NetEase (09999.HK) target price to HK$260, expecting online gaming growth trend to continue into the third quarter.AASTOCKS · 21 Aug 2026
  • NetEase Yanxuan Q2: Dog food and pet snacks maintained double-digit growth, while fragrance sales increased by over 50% year-on-year.Sina Technology · 20 Aug 2026
  • 6-K: NetEase Appoints Mr. Chen Guozhong As Independent DirectorSEC · 14 Aug 2026

NTES stock: common questions

How is NetEase stock doing today?

$118.14 is the latest print for NTES, a move of +0.95% against yesterday's close of $117.02. Today's low and high so far: $117.78 and $119.06.

How big is NetEase?

Equity value comes to $75.39B at the current price. By that measure it is number 222 of the 300 names in our coverage.

What multiple of earnings does NTES sell for?

Buyers pay 15.8 times the last twelve months of profit (EPS $7.80). Averaged over five years the multiple has been 19.1, and today's level ranks in the 23rd percentile of its own history.

How far is NTES from its yearly high?

The year's floor is $105.01 and the ceiling $152.74. Shares are 22.7% away from that ceiling.

Are there dividends on NetEase shares?

It does. Payouts over the past twelve months work out to a 2.62% yield; the latest ex-dividend date was September 3, 2026.

Do Wall Street analysts like NTES?

Of 6 analysts, 83% say buy, 17% hold and 0% sell. Price targets average $160.58, with the most cautious at $132.00 and the most optimistic at $180.00.

How does NetEase make money?

NetEase is a Chinese internet company known for online games such as Fantasy Westward Journey, plus music streaming and education.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

Scroll to Top