NetEase's Gaming Business Could Gain Strength in 2026 -- Market Talk

Dow Jones

Nov 21, 2025

0401 GMT - Netease's gaming business could gain strength in 2026, Citi analysts say in a research note. Steady gross income from its evergreen titles and the upcoming release of "Ananta" should support Netease's gaming portfolio, the analysts say. Management at a post-earnings call didn't share the exact timing of its release, but noted that development gross is on track, the analysts noted. Citi maintains a buy call on NetEase but raises its ADR target price to US$161.00 from US$158.00 as the bank likes NetEase's improving resiliency and sustainability of evergreen franchise titles and growing diversification of games portfolio. Netease is also growing its global market share steadily with consistent shareholder returns, they add. ADR last ended at US$133.95. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

November 20, 2025 23:01 ET (04:01 GMT)

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Steady gross income from its evergreen titles and the upcoming release of \"Ananta\" should support Netease's gaming portfolio, the analysts say. Management at a post-earnings call didn't share the exact timing of its release, but noted that development gross is on track, the analysts noted. Citi maintains a buy call on NetEase but raises its ADR target price to US$161.00 from US$158.00 as the bank likes NetEase's improving resiliency and sustainability of evergreen franchise titles and growing diversification of games portfolio. Netease is also growing its global market share steadily with consistent shareholder returns, they add. ADR last ended at US$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 23:01 ET (04:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NetEase's Gaming Business Could Gain Strength in 2026 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetEase's Gaming Business Could Gain Strength in 2026 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-21 12:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0401 GMT - Netease's gaming business could gain strength in 2026, Citi analysts say in a research note. Steady gross income from its evergreen titles and the upcoming release of \"Ananta\" should support Netease's gaming portfolio, the analysts say. Management at a post-earnings call didn't share the exact timing of its release, but noted that development gross is on track, the analysts noted. Citi maintains a buy call on NetEase but raises its ADR target price to US$161.00 from US$158.00 as the bank likes NetEase's improving resiliency and sustainability of evergreen franchise titles and growing diversification of games portfolio. Netease is also growing its global market share steadily with consistent shareholder returns, they add. ADR last ended at US$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 23:01 ET (04:01 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":"LU0173614495.USD","symbol_name":"富达中国焦点A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585519538","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585519538","pubTimestamp":1763697660,"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":"0401 GMT - Netease's gaming business could gain strength in 2026, Citi analysts say in a research note. Steady gross income from its evergreen titles and the upcoming release of \"Ananta\" should support Netease's gaming portfolio, the analysts say. Management at a post-earnings call didn't share the exact timing of its release, but noted that development gross is on track, the analysts noted. Citi maintains a buy call on NetEase but raises its ADR target price to US$161.00 from US$158.00 as the bank likes NetEase's improving resiliency and sustainability of evergreen franchise titles and growing diversification of games portfolio. Netease is also growing its global market share steadily with consistent shareholder returns, they add. ADR last ended at US$133.95. 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Steady gross income from its evergreen titles and the upcoming release of \"Ananta\" should support Netease's gaming portfolio, the analysts say. Management at a post-earnings call didn't share the exact timing of its release, but noted that development gross is on track, the analysts noted. Citi maintains a buy call on NetEase but raises its ADR target price to US$161.00 from US$158.00 as the bank likes NetEase's improving resiliency and sustainability of evergreen franchise titles and growing diversification of games portfolio. Netease is also growing its global market share steadily with consistent shareholder returns, they add. ADR last ended at US$133.95. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2025 23:01 ET (04:01 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}