NetEase's 2Q Results Could Disappoint on Investment Losses
Dow Jones12:15
0415 GMT - NetEase 2Q adjusted profit is likely to came in below market expectations, Nomura analysts say in a research note. This is mainly due to investment losses stemming from its holdings of shares in Alibaba Group and PDD Holdings, Nomura says. 2Q was also a quiet quarter for NetEase's online games business due to a lack of new titles, they add. That said, NetEase's online games segment is still supported by its evergreen titles, they say. Nomura maintains a buy rating and $155.00 target price on its ADRs, which last closed at $123.77. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 00:15 ET (04:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments