NetEase 1Q Results Likely Supported by Legacy Titles -- Market Talk

Dow Jones05-05

0259 GMT - NetEase's 1Q results are likely to come in slightly above market expectations, say Nomura analysts in a note. While the quarter was relatively quiet in terms of new releases from the Chinese technology company's gaming business, demand for its legacy titles likely stayed resilient, they say. They estimate overall top line growth at 4% while adjusted earnings per American depository receipt likely falling 7%, both beating consensus estimates. Game business growth could accelerate to a 10% gain in 2H on the release of its new game "Sea of Remnants." Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 22:59 ET (02:59 GMT)

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Game business growth could accelerate to a 10% gain in 2H on the release of its new game \"Sea of Remnants.\" Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. 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While the quarter was relatively quiet in terms of new releases from the Chinese technology company's gaming business, demand for its legacy titles likely stayed resilient, they say. They estimate overall top line growth at 4% while adjusted earnings per American depository receipt likely falling 7%, both beating consensus estimates. Game business growth could accelerate to a 10% gain in 2H on the release of its new game \"Sea of Remnants.\" Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 04, 2026 22:59 ET (02:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0164865239.USD","symbol_name":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633083993","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633083993","pubTimestamp":1777949940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0259 GMT - NetEase's 1Q results are likely to come in slightly above market expectations, say Nomura analysts in a note. While the quarter was relatively quiet in terms of new releases from the Chinese technology company's gaming business, demand for its legacy titles likely stayed resilient, they say. They estimate overall top line growth at 4% while adjusted earnings per American depository receipt likely falling 7%, both beating consensus estimates. Game business growth could accelerate to a 10% gain in 2H on the release of its new game \"Sea of Remnants.\" Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. 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While the quarter was relatively quiet in terms of new releases from the Chinese technology company's gaming business, demand for its legacy titles likely stayed resilient, they say. They estimate overall top line growth at 4% while adjusted earnings per American depository receipt likely falling 7%, both beating consensus estimates. Game business growth could accelerate to a 10% gain in 2H on the release of its new game \"Sea of Remnants.\" Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. 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