NetEase, Inc. (NTES) Stock Price & Analysis
NetEase, Inc. (NTES) closed at USD 118.67 on Thursday, October 22, 2026, down 3.50% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 122.98; the Oct 22, 2026 session ranged USD 116.43–118.81 on volume of 957,551 shares. Market capitalization is $75.99B, with a 52-week range of USD 106.06–149.11 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:49 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NTES.md
Key facts (NTES)
- 3 of 80 tracked superinvestors hold NTES (13F, Q2 2026): 1 new, 2 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $1.4M; 2 not under a Rule 10b5-1 plan ($1.4M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.82 on a 1–5 scale) (33 analysts), mean target USD 163.13 (range 133.11–201.29).
- Total return with dividends: 1Y -17.4% vs S&P 500 +14.9%; 5Y +29.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-19, EPS estimate USD 16.13, revenue estimate $30.3B.
Superinvestors (SEC 13F-HR, Q2 2026) (NTES)
3 of 80 tracked investors hold NTES. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.79% | $73.3M | New position |
| Christopher Davis | Davis Advisors | 0.34% | $78.5M | Added +45.0% |
| Dodge & Cox Funds | Dodge & Cox | 0.15% | $277M | Added +0.3% |
Insider sales (SEC Form 4, open-market, last ~7 months) (NTES)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-02 | Mo Bin | Vice President, Finance | 716 | $86K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-29 | Boltz Paul William Jr | General Counsel | 10,000 | $1.3M | 45% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NTES)
Consensus Buy (mean 1.82 on a 1–5 scale), 33 analysts; mean target USD 163.13 (low 133.11, high 201.29).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-28 | Morgan Stanley | Reiterated | Overweight | $163 |
Total return (dividends reinvested) (NTES)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -17.4% | +29.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -17.4% | +5.3% |
| Volatility (annualized) | 33.0% | 37.8% |
| Max drawdown | -25.2% (Jan 2026→Mar 2026) | -51.4% (Nov 2021→Oct 2022) |
NTES suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Youdao, Inc. (DAO) | “We incur revenue sharing costs, including fees shared with third-party platform providers, game developers, owners of intellectual property licensed to us and other third parties related to mobile games, course instructors related to Youdao's services, music labels and other copyright and content partners related to NetEase Cloud Music's services and others in connection with our other innovative businesses, which…” |
| Partner | Microsoft (MSFT) | “We have a number of licensing arrangements, including an exclusive agreement with Mojang AB, a subsidiary of Microsoft, pursuant to which Microsoft and Mojang agreed to license the operation of Minecraft in the PRC to us.” |
| Partner | ByteDance | “This was ultimately resolved through a joint venture deal with ByteDance and American and global investors to operate TikTok's business in the U.S. in January 2026.” |
| Competitor | Tencent | “Our competition primarily comes from global online game developers and operators, such as Tencent, established online and offline education service providers and manufacturers of smart hardware or devices in China, as well as leading digital media and entertainment providers.” |
Quoted from the company's 20-F filed Apr 15, 2026.
Companies that name NTES in their SEC reports
| Relationship to NTES | Company | Filing | Sentence |
|---|---|---|---|
| related | Youdao, Inc. (DAO) | 20-F Apr 15, 2026 | “Related Party Transactions—Transactions with NetEase and Other Related Parties."” |
NTES analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $16.13 | $15.64 | +3.2% | $30.28B | 11 |
| Next quarter (ends Dec 2026) | $15.50 | $15.70 | -1.3% | $29.51B | 9 |
| Current fiscal year (ends Dec 2026) | $61.45 | $64.72 | -5.1% | $120.59B | 22 |
| Next fiscal year (ends Dec 2027) | $71.82 | $71.60 | +0.3% | $129.68B | 24 |
NTES options: expected move
Options price a move of about ±10.0% (±$11.85) by Nov 20, 2026, which includes earnings on Nov 19, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 44.1% | ±10.0% |
| Dec 18, 2026 | 56 | 36.3% | ±11.5% |
| Jan 15, 2027 | 84 | 36.0% | ±13.9% |
| Mar 19, 2027 | 147 | 38.4% | ±19.6% |
| Jun 17, 2027 | 237 | 38.2% | ±24.3% |
| Sep 17, 2027 | 329 | 38.7% | ±28.7% |
30-day implied volatility 40.1% vs 28.7% realized over the last 30 trading days. Put/call ratio (volume) 0.92. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:49 UTC)
| Price | USD 118.67 |
|---|---|
| Change | ▼ 3.50% (down) |
| Previous Close | USD 122.98 |
| Open | USD 116.43 |
| Day Range | USD 116.43 – 118.81 |
| 52-Week Range | USD 106.06 – 149.11 |
| Volume | 957,551 shares |
| Market Cap | $75.99B |
| Exchange | NMS |
Technical Analysis (NTES)
Nexqual's technical model rates NTES "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:49 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 42.83 (neutral) |
| vs SMA50 | Below (USD 121.1) |
| MACD | 0.83 (positive) |
Analyst Ratings (NTES)
Wall Street analysts rate NTES "Buy" based on 33 analysts, with a mean price target of USD 163.13 (range USD 133.11–201.29), per Nexqual as of October 23, 2026 at 09:49 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 33 |
| Mean Target | USD 163.13 |
| High Target | USD 201.29 |
| Low Target | USD 133.11 |
| Buy / Hold / Sell | 32 / 1 / 0 |
Earnings (NTES)
| Next Earnings Date | 2026-11-19 |
|---|---|
| EPS Estimate | USD 16.13 |
| Revenue Estimate | $30.28B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 12.02 vs est 15.54 ▼ miss |
| 2026-03-31 | USD 17.46 vs est 15.39 ▲ beat |
| 2025-12-31 | USD 10.95 vs est 14.12 ▼ miss |
| 2025-09-30 | USD 14.73 vs est 14.81 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financials & Fundamentals (NTES)
| Total Revenue | $116.60B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.90% |
| Gross Margin | +67.15% |
| Operating Margin | +40.16% |
| Profit Margin | +27.88% |
| ROE | +20.37% |
| Debt / Equity | 0.07 |
| Current Ratio | 3.45 |
| Total Cash | $175.39B |
| Total Debt | $12.60B |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financial Health Score (NTES)
Nexqual rates NetEase, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 09:49 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 67%, operating 40% (last 12 months) |
| Balance Sheet | Strong — CNY 175.4B cash vs CNY 12.6B debt, net cash position |
| Cash Flow | Solid — Operating cash flow CNY 51.5B (TTM) |
| Efficiency | Strong — ROE 20%, ROA 11.7% |
Ownership (NTES)
| Insider Ownership | +1.39% |
|---|---|
| Institutional Ownership | +9.85% |
| Shares Outstanding | 640.33M |
| Float | 1.75B |
| Short % of Float | +0.85% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Leadership (NTES)
NetEase, Inc. is led by Lei Ding, Founder, CEO & Director, per Nexqual as of October 23, 2026 at 09:49 UTC.
| Founder, CEO & Director | Lei Ding |
|---|---|
| Vice President of Finance | Aileen Bin Mo |
| IR Director | Margaret Shi |
| Vice President of Corporate Development | Bill Pang |
| President & Representative Director of PinCool Inc. | Ryutaro Ichimura |
Major Backers & Investors (NTES)
Notable institutional backers of NetEase, Inc. include UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC, Ninety One UK Ltd, Orbis Allan Gray Ltd, according to Nexqual as of October 23, 2026 at 09:49 UTC.
Active Investors
| Investor | Stake |
|---|---|
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.26% |
| Ninety One UK Ltd | 0.9% |
| Orbis Allan Gray Ltd | 0.55% |
| FMR, LLC | 0.39% |
| Harding Loevner LP | 0.35% |
| Dodge & Cox Inc. | 0.34% |
| Invesco | 0.32% |
| Massachusetts Financial Services Co. | 0.25% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TTWO | Take-Two Interactive Software, | USD 207.81 | ▲ 0.8% |
| RBLX | Roblox Corporation | USD 53.96 | ▲ 2.68% |
| PLTK | Playtika Holding Corp. | USD 2.06 | ▲ 0% |
| DDI | DoubleDown Interactive Co., Ltd | USD 13.34 | ▼ 2.91% |
| GRVY | GRAVITY Co., Ltd. | USD 66.19 | ▼ 0.05% |
| SOHU | Sohu.com Limited | USD 12.73 | ▲ 1.68% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:49 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt