New Street Research - NetEase Inc. Sponsored ADR (NEH) ... New Street: NTES 2Q22 Results - 2H Gaming Remains Resilient

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New Street Research

Jin Yoon

New Street: NTES 2Q22 Results - 2H Gaming Remains Resilient

What's new: NetEase reported 2Q22 results were above consensus estimates. While PC gaming rev growth could slow down due to tougher comps, mobile games could remain resilient driven by newly released titles such as Diablo Immortal which could incrementally add to topline growth in 2H. We maintain our PT at USD125.

Analysts:
Jin Yoon

22/08/2022 1 EN

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NetEase Inc. Sponsored ADR

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US64110W1027 Berlin Stock Exchange Germany

NetEase Inc

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Analysts

Jin Yoon

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New Street: NTES 2Q22 Results - 2H Gaming Remains Resilient

NetEase Inc: 1 director

NTES 1Q25 Results: Gaming Rev Growth Momentum to Continue in 2Q

NetEase (9999 HK): 1Q25: Solid earnings beat fuelled by revitalised online games growth.

SATS, Carr, and the Art of the No Deal…Yet

Supreme Court Upholds USF Framework but Reform Still Ahead

CMCSA quick hit: Comcast continues to make the right pricing moves

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