BOCOM Intl: Netease (NTES.US) new game schedule enhances performance growth certainty in "Da Hang".

BOCOM Intl released a report stating that Netease's mobile game "Endless Hegemony" is scheduled to launch on July 25th, with over 30 million pre-registrations across the entire network. It is estimated to become the main driving force for mobile game growth in the third quarter. The mobile game is optimized for mobile device operations, solving the difficult points of operation for fighting games on touch screens. The bank estimates that in the third quarter and this year, the revenue from the "Endless Hegemony" mobile game will reach RMB 2 billion and RMB 4.4 billion respectively, contributing 8% and 5% to the company's mobile game revenue. The bank expects that Netease's mobile game revenue will increase by 15% annually in the second quarter and decrease by 9% quarterly, mainly due to seasonal factors and new games in the second quarter.

AASTOCKSJun 28 15:42

Bocom intl: Maintains buy rating on Netease-S (09999), target price of HKD 182.

BOCOM Intl estimates that Eternal Requiem, a mobile game by Netease-S (09999), will contribute 8% and 5% of the company's mobile game revenue in the third quarter of 2024 and in the long run, respectively.

Zhitong FinanceJun 28 09:40

US stocks early trading | Three major indexes show divergent trends, Micron Technology drops more than 4% after earnings.

Most new energy auto stocks have weakened, with xpeng and Rivian falling nearly 5%, while Faraday Future has risen against the trend by over 16%.

新浪美股Jun 27 21:56

NetEase Inc (NASDAQ:NTES): The Best Chinese Tech Stock to Buy for the Third Quarter?

Yahoo FinanceJun 27 21:36

Morgan Stanley Maintains Equal-Weight on NetEase, Maintains $100 Price Target

Morgan Stanley analyst Alex Poon maintains NetEase (NASDAQ:NTES) with a Equal-Weight and maintains $100 price target.

BenzingaJun 27 18:41

NetEase Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/27/2024 4.04% Morgan Stanley $100 → $100 Maintains Equal-Weight 06/13/2024 8.2% Barclays → $104 Initiat

BenzingaJun 27 18:40