NTES Price Prediction Next Week
Based on the provided data and recent market activity, here's a comprehensive analysis for NTES stock price prediction for the next trading week:
Technical Analysis
The stock closed at $103.18 on January 24, 2025, showing a positive momentum with a 3.75% gain during regular trading hours . Key technical indicators suggest:
- RSI (14) at 67.04 indicates the stock is approaching but not yet in overbought territory
- MACD at 2.94 shows positive momentum
- Current price is trading above both SMA-20 ($94.40) and SMA-200 ($89.82), indicating a bullish trend
Price Targets and Support/Resistance Levels Based on Fibonacci analysis:
- Resistance levels: R1: $103.48, R2: $106.91, R3: $112.46
- Support levels: S1: $92.38, S2: $88.95, S3: $83.40
- Pivot point: $97.93
Recent Catalysts
- Positive Analyst Coverage:
- Citi raised price target from $115 to $121, citing strong potential from Marvel Rivals game
- B of A Securities maintains Buy rating with $122 price target
- Jefferies maintains Buy rating with price target of $120
- Game Revenue Growth:
- Marvel Rivals expected to generate RMB 3.6 billion in annual revenue
- Where Winds Meet projected to generate RMB 4 billion in 2025
- Overall gaming revenue expected to grow 8% year-over-year in 2025
Price Prediction for Next Week
Based on technical indicators and recent catalysts:
- Bullish scenario (60% probability): Stock could test R2 level at $106.91
- Base scenario (30% probability): Consolidation between $103-$105
- Bearish scenario (10% probability): Pull back to S1 level at $92.38
Trading Recommendation BUY with entry point at current levels ($103.18) with the following strategy:
- Target: $106.90 (R2 level)
- Stop loss: $97.93 (Pivot point)
- Time horizon: 1 week
The strong analyst coverage, positive gaming revenue outlook, and technical indicators all point to continued upward momentum in the short term.
NTES Similar Chart Price Prediction
The price of NTES is predicted to go up -14.18%, based on the high correlation periods with SHAK. The similarity of these two price pattern on the periods is 96.45%.
NTES
SHAK
Down: -14.18%Similarity: 96.45%
NTES Revenue Forecast
NTES EPS Forecast
NTES FAQs
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NTES VS S&P500
NetEase's expertise in asymmetric multiplayer (Identity V and Dead by Daylight) would allow it to capitalize on future opportunities in this genre.
The firm has done an admirable job at organically expanding into Japan, and it is likely that it will be able to replicate same success in Europe and the US.
NetEase Music could see stronger user growth now that Tencent Music was told to end its exclusive licensing agreements with music labels on anti-trust grounds.
NTES Analyst's Forecast
Alex Poon
Morgan Stanley
Hold → Buy
Price Target
$90 → $108
Upside
+17.04%
Morgan Stanley analyst Alex Poon upgraded NetEase to Overweight from Equal Weight with a price target of $108, up from $90. The company's" strong" PC game pipeline should drive an earnings turnaround, the analyst tells investors in a research note. The firm says PC games have become a "growth engine" for NetEase, citing sustained record high grossing from Blizzard games after being reintroduced to China. It also sees potential strong international revenue from the recently launched PC game Marvel Rivals and the potential launch of FragPunk in Q1.
Alicia Yap
Citigroup
Strong Buy
Price Target
$108 → $115
Upside
+34.52%
Fawne Jiang
Benchmark
Strong Buy
Price Target
$120 → $105
Upside
+22.82%