Earnings Beat: NetEase, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Simplywall
2026.05.24 00:40
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NetEase, Inc. (HKG:9999) reported quarterly results exceeding analyst expectations, with revenues of CN¥31b and earnings per share up 19%. Analysts have revised their forecasts, projecting revenues of CN¥121.3b and EPS of CN¥12.56 for 2026, indicating a more optimistic outlook. However, the consensus price target remains unchanged at HK$250, reflecting no significant long-term valuation changes. NetEase's growth rate aligns with industry averages, suggesting stable prospects ahead.