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NetEase, Inc. (NTES), a prominent Internet technology firm in China, reported a 7% year-over-year revenue growth in its latest quarterly results. Analysts have raised EPS growth expectations significantly, predicting a 19% increase with nearly 10% sales growth for the current fiscal year.
The company’s success is largely attributed to its hit game Marvel Rivals, which surged to the top of Steam’s global sales chart after its Season 2 update in April. Following favorable results, NetEase holds a Zacks Rank of #1 (Strong Buy), marking it as a high-performing stock.
CEO William Ding stated that the company entered 2025 with “solid momentum,” supported by ongoing innovation and diverse game titles. Recent trends have shown a positive shift in analyst sales expectations following this strong performance.
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