NTES Earnings

NTES reported its FY2025Q3 earnings on 2025-11-20, showcasing a revenue of 28.36B against an estimate of 29.16B, resulting in a -2.74% surprise. The EPS was 2.07, surpassing the expected 2.08 by -0.48%. The stock experienced a 0.4% price change on the earnings day and a 4.91% change over the next five days, reflecting market reactions to the results.

Following NTES's FY2025Q3 earnings announcement on 2025-11-20, the stock price moved by 0.4% on the day of the release. Over the subsequent five days, it saw a 4.91% change. Historically, NTES's stock price tends to shift by an average of 1.34% in the 10 days leading up to earnings and 0.82% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate NTES's annual revenue to reach 30.20B, while the EPS is projected at 15.50. These estimates reflect recent revisions, with revenue estimates revised downward by -0.27% and EPS estimates revised upward by 0.02% over the past three months, indicating analyst expectation in the company's performance.

The correlation between NTES's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised downward by -0.27%, while EPS estimates moved revised upward by 0.02%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NTES's stock price typically moves by 1.34% in the 10 days before its earnings and 0.82% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 15.50 and revenue of 30.20B.

NetEase's earnings call highlights strong financial performance, with significant revenue growth in gaming and improved gross margins. The company's focus on AI in gaming and global expansion strategies are positively received by analysts. Despite some revenue declines in other segments, the overall sentiment is positive due to successful game launches and strategic initiatives. The Q&A session further supports this with positive feedback on game retention and AI investments, leading to a positive stock price outlook over the next two weeks.