NetEase Growth Trajectory Intact -- Market Talk

Dow Jones

11/21

0439 GMT - NetEase's growth trajectory is intact, HSBC analysts say in a note. They aren't concerned about the 3Q revenue and profit miss, given the game maker's strong deferred revenue. "It is just a matter of time before the revenue is recognized," the analysts say. HSBC slightly raises its 2026-2027 game revenue growth forecasts for NetEase to factor in the upside momentum from the recent launch of the overseas version of "Where Winds Meet." It has become one of the top 10 best-selling games on PlayStation in the U.S., Germany, France and several other regions since its launch last week, the analysts note. HSBC maintains a buy call on NetEase, with its ADR target price unchanged at $185.00. Nasdaq-listed NetEase last ended at $133.95. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

November 20, 2025 23:40 ET (04:40 GMT)

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They aren't concerned about the 3Q revenue and profit miss, given the game maker's strong deferred revenue. \"It is just a matter of time before the revenue is recognized,\" the analysts say. HSBC slightly raises its 2026-2027 game revenue growth forecasts for NetEase to factor in the upside momentum from the recent launch of the overseas version of \"Where Winds Meet.\" It has become one of the top 10 best-selling games on PlayStation in the U.S., Germany, France and several other regions since its launch last week, the analysts note. HSBC maintains a buy call on NetEase, with its ADR target price unchanged at $185.00. Nasdaq-listed NetEase last ended at $133.95. 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They aren't concerned about the 3Q revenue and profit miss, given the game maker's strong deferred revenue. \"It is just a matter of time before the revenue is recognized,\" the analysts say. HSBC slightly raises its 2026-2027 game revenue growth forecasts for NetEase to factor in the upside momentum from the recent launch of the overseas version of \"Where Winds Meet.\" It has become one of the top 10 best-selling games on PlayStation in the U.S., Germany, France and several other regions since its launch last week, the analysts note. HSBC maintains a buy call on NetEase, with its ADR target price unchanged at $185.00. Nasdaq-listed NetEase last ended at $133.95. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 20, 2025 23:40 ET (04:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4501","symbol_name":"段永平概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585196831","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585196831","pubTimestamp":1763700000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0439 GMT - NetEase's growth trajectory is intact, HSBC analysts say in a note. They aren't concerned about the 3Q revenue and profit miss, given the game maker's strong deferred revenue. \"It is just a matter of time before the revenue is recognized,\" the analysts say. HSBC slightly raises its 2026-2027 game revenue growth forecasts for NetEase to factor in the upside momentum from the recent launch of the overseas version of \"Where Winds Meet.\" It has become one of the top 10 best-selling games on PlayStation in the U.S., Germany, France and several other regions since its launch last week, the analysts note. HSBC maintains a buy call on NetEase, with its ADR target price unchanged at $185.00. Nasdaq-listed NetEase last ended at $133.95. 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They aren't concerned about the 3Q revenue and profit miss, given the game maker's strong deferred revenue. \"It is just a matter of time before the revenue is recognized,\" the analysts say. HSBC slightly raises its 2026-2027 game revenue growth forecasts for NetEase to factor in the upside momentum from the recent launch of the overseas version of \"Where Winds Meet.\" It has become one of the top 10 best-selling games on PlayStation in the U.S., Germany, France and several other regions since its launch last week, the analysts note. HSBC maintains a buy call on NetEase, with its ADR target price unchanged at $185.00. Nasdaq-listed NetEase last ended at $133.95. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2025 23:40 ET (04:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}