share_log

What 5 Analyst Ratings Have To Say About NetEase

Benzinga ·  Nov 17, 2023 12:00

Over the past 3 months, 5 analysts have published their opinion on NetEase (NASDAQ:NTES) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings41000
Last 30D10000
1M Ago00000
2M Ago00000
3M Ago31000

These 5 analysts have an average price target of $132.4 versus the current price of NetEase at $115.97, implying upside.

Below is a summary of how these 5 analysts rated NetEase over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This average price target has increased by 5.08% over the past month.

Stay up to date on NetEase analyst ratings.

What Are Analyst Ratings?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment