NetEase Earnings Preview: Fourth Quarter Profit Maintains 4% Increase, Revenue Expected to be Approximately 27 Billion Yuan

LB Select
2025.02.19 02:37
portai
I'm PortAI, I can summarize articles.

Most institutions maintain a buy rating, with revenue continuing to grow in 2025. NetEase will release its 2024 Q4 financial report on February 20. Investment banks primarily rate the stock as a buy, with 9 investment banks giving buy ratings in the past 90 days, and the average target price in the past 90 days is HKD 175.29. CITIC Lyon maintained a "outperform the market" rating for NetEase in a research report released on January 22, 2025, and expects NetEase's total revenue in Q4 2024 to increase by 4% year-on-year, with adjusted EBITDA also expected to grow by 4% year-on-year, and revenue in 2025 may accelerate again to a year-on-year increase of 9%. China International Capital Corporation's latest research report gives NetEase an outperform industry rating, predicting operating revenue of 26.9 billion yuan and a target price of HKD 180. Guoyuan International Holdings Limited gives NetEase-S a "buy" rating with a target price set at HKD 163.0. Goldman Sachs also released a research report in mid-January, maintaining NetEase-S's last year's Non-GAAP net profit forecast at 31.72 billion yuan, raising the target price from HKD 169 to HKD 181, and expects NetEase to achieve accelerated revenue growth compared to the third quarter, with clearer performance prospects for 2025. As of the close on February 17, NetEase's Hong Kong stock closed at HKD 160.8 per share, down 2.72%

Most institutions maintain a buy rating, with continued revenue growth expected in 2025.

NetEase will release its Q4 2024 financial report on February 20. Investment banks primarily rate the stock as a buy, with 9 investment banks issuing buy ratings in the past 90 days, and the average target price over the past 90 days is HKD 175.29.

CITIC Lyon maintained a "outperform" rating for NetEase in a research report published on January 22, 2025, and expects NetEase's total revenue in Q4 2024 to increase by 4% year-on-year, with adjusted EBITDA expected to also rise by 4% year-on-year. Revenue growth may accelerate again in 2025 to a year-on-year increase of 9%.

China International Capital Corporation's latest research report gives NetEase an "outperform" rating, predicting operating revenue of 26.9 billion yuan and a target price of HKD 180. Guoyuan International Holdings Limited has given NetEase-S a "buy" rating with a target price set at HKD 163.0.

Goldman Sachs also maintained its forecast for NetEase-S's Non-GAAP net profit last year at 31.72 billion yuan in a research report released in mid-January, raising the target price from HKD 169 to HKD 181, and expects NetEase to achieve accelerated revenue growth compared to the third quarter, with clearer performance prospects for 2025.

As of the close on February 17, NetEase's Hong Kong stock closed at HKD 160.8 per share, down 2.72%

Source: LB Select The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.