Weekly Recap | NTES -7.44%, most brokers rate it buy
Weekly Review·
- NetEase shares fell 7.44% to close at 183 HKD this week, underperforming the Hang Seng Index amid broader tech sector weakness.
- Nomura lowered its target price to 155 USD due to expected weak Q3 gaming performance, while 24 out of 25 tracked institutions maintained buy or overweight ratings with a consensus target price of 254.65 HKD.
- Market focus shifts to NetEase's Q3 financial results on November 19, 2026, which will test expectations regarding revenue and earnings per share.
