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Analyst Nomura said in a research report that NetEase's second-quarter adjusted profit may be lower than market expectations. Nomura said this was mainly due to investment losses due to its holding shares in Alibaba Group and Pinduoduo Holdings. They added that the second quarter was also a dull quarter for NetEase's online gaming business due to a lack of new games. Despite this, they said NetEase's online gaming division is still supported by its evergreen games. Nomura maintains its ADR buy rating and target price of $155.00.

Zhitongcaijing·07/28/2026 04:25:01
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Analyst Nomura said in a research report that NetEase's second-quarter adjusted profit may be lower than market expectations. Nomura said this was mainly due to investment losses due to its holding shares in Alibaba Group and Pinduoduo Holdings. They added that the second quarter was also a dull quarter for NetEase's online gaming business due to a lack of new games. Despite this, they said NetEase's online gaming division is still supported by its evergreen games. Nomura maintains its ADR buy rating and target price of $155.00.