NetEase's Gaming Performance Likely to Stay Muted in 4Q

Dow Jones10-22

0336 GMT - NetEase's gaming performance will likely remain muted in 4Q, Nomura analysts say in a research note. They expect the Chinese videogame maker's 3Q revenue to have risen 4% on year, reflecting a soft online gaming and value-added service segment. Nomura attributes the likely muted gaming performance to a high comparison base for the PC version of "Fantasy Westward Journey" and the lackluster performance of "Sea of Remnants," which was launched in July. The weakness could persist in 4Q ahead of the launch of its highly anticipated new title "Ananta" in January. Nomura maintains a buy call on NetEase but lowers its ADR target price to $155.00 from $157.00. Shares last ended 1.7% lower at $122.98.

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2677987734?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-22 11:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2677987734","market":"fut","top_or_hot":-1,"title":"NetEase's Gaming Performance Likely to Stay Muted in 4Q","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>0336 GMT - NetEase's gaming performance will likely remain muted in 4Q, Nomura analysts say in a research note. They expect the Chinese videogame maker's 3Q revenue to have risen 4% on year, reflecting a soft online gaming and value-added service segment. Nomura attributes the likely muted gaming performance to a high comparison base for the PC version of \"Fantasy Westward Journey\" and the lackluster performance of \"Sea of Remnants,\" which was launched in July. The weakness could persist in 4Q ahead of the launch of its highly anticipated new title \"Ananta\" in January. Nomura maintains a buy call on NetEase but lowers its ADR target price to $155.00 from $157.00. Shares last ended 1.7% lower at $122.98.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NetEase's Gaming Performance Likely to Stay Muted in 4Q</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetEase's Gaming Performance Likely to Stay Muted in 4Q\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-10-22 11:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>0336 GMT - NetEase's gaming performance will likely remain muted in 4Q, Nomura analysts say in a research note. They expect the Chinese videogame maker's 3Q revenue to have risen 4% on year, reflecting a soft online gaming and value-added service segment. Nomura attributes the likely muted gaming performance to a high comparison base for the PC version of \"Fantasy Westward Journey\" and the lackluster performance of \"Sea of Remnants,\" which was launched in July. The weakness could persist in 4Q ahead of the launch of its highly anticipated new title \"Ananta\" in January. Nomura maintains a buy call on NetEase but lowers its ADR target price to $155.00 from $157.00. Shares last ended 1.7% lower at $122.98.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0431992006.USD","symbol_name":"摩根大通新兴市场机会A（acc）","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2677987734","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2677987734","pubTimestamp":1792640160,"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":"0336 GMT - NetEase's gaming performance will likely remain muted in 4Q, Nomura analysts say in a research note. They expect the Chinese videogame maker's 3Q revenue to have risen 4% on year, reflecting a soft online gaming and value-added service segment. Nomura attributes the likely muted gaming performance to a high comparison base for the PC version of \"Fantasy Westward Journey\" and the lackluster performance of \"Sea of Remnants,\" which was launched in July. The weakness could persist in 4Q ahead of the launch of its highly anticipated new title \"Ananta\" in January. Nomura maintains a buy call on NetEase but lowers its ADR target price to $155.00 from $157.00. Shares last ended 1.7% lower at $122.98.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0431992006.USD":"摩根大通新兴市场机会A（acc）","09999":"网易","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","NERD":"Roundhill Video Games ETF","K3MD.SI":"NTES ADR US$+","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU1688375341.USD":"贝莱德中国灵活股票基金","NTES":"网易","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU0117844026.USD":"JPM ASIA PACIFIC INCOME \"A\" (USD) INC","IE0003795394.USD":"BNY MELLON ASIAN EQUITY \"A\" (USD) ACC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","BNGE":"First Trust S-Network Streaming and Gaming ETF","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","BK1588":"回港中概股","TCHI":"iShares MSCI China Multisector Tech ETF","LU0231483743.USD":"abrdn SICAV I - ALL CHINA SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","ODDS":"Pacer BlueStar Digital Entertainment ETF","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","ESPO":"VanEck Video Gaming and eSports ETF","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4501":"段永平概念","HERO":"Global X Video Games & Esports ETF","IE0031814852.USD":"FSSA GREATER CHINA GROWTH \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","LU1228905037.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) ACC","LU0455707207.USD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (USD) INC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU1785774172.SGD":"JPM TOTAL EMERGING MARKETS INCOME \"A\" (SGD) INC","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","KWEB":"中国海外互联网ETF-KraneShares","LU0140636845.USD":"施罗德大中华区股票A Acc","BK4503":"景林资产持仓","FDNI":"First Trust Dow Jones International Internet ETF","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD"},"translate_title":"网易第四季度游戏业绩可能保持低迷","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"K3MD.SI":0.9,"HERO":0.6,"KWEB":0.6,"BNGE":0.6,"ODDS":0.6,"09999":1.5,"ESPO":0.6,"TCHI":0.6,"FDNI":0.6,"NERD":0.6,"NTES":1.5},"content_text":"0336 GMT - NetEase's gaming performance will likely remain muted in 4Q, Nomura analysts say in a research note. They expect the Chinese videogame maker's 3Q revenue to have risen 4% on year, reflecting a soft online gaming and value-added service segment. Nomura attributes the likely muted gaming performance to a high comparison base for the PC version of \"Fantasy Westward Journey\" and the lackluster performance of \"Sea of Remnants,\" which was launched in July. The weakness could persist in 4Q ahead of the launch of its highly anticipated new title \"Ananta\" in January. Nomura maintains a buy call on NetEase but lowers its ADR target price to $155.00 from $157.00. Shares last ended 1.7% lower at $122.98.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.0","shortVersion":"4.52.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2677987734","isCrawlerRequest":true}