Morgan Stanley kept its USD 163.00 target for NetEase stock
Published on 10/08/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NetEase (ISIN US64110W1027) was trading at EUR 106.00 at Lang & Schwarz on October 8, 2026 at 11:02 a.m. CEST, while Morgan Stanley kept its USD 163.00 target on September 28, 2026, according to Yahoo Finance. The latest market figure sits against a second-quarter revenue increase and a profit shortfall that still shape the next earnings test.
Revenue grew as profit lagged
NetEase reported RMB 30.1 billion in revenue for the second quarter of 2026, up 7.9 percent from the year-earlier period, according to StockAnalysis. Games and related services generated RMB 25.0 billion, a 9.7 percent year-over-year increase, while the gross margin reached 70.5 percent.
The earnings mix was less favorable than the revenue line. Net income fell to RMB 7.0 billion from RMB 8.6 billion in the second quarter of 2025, while adjusted earnings per American depositary share came to USD 1.77 against a USD 2.28 consensus estimate, according to Vectorial Data.
Target remains above the market
Morgan Stanley's USD 163.00 target stood 53.77 percent above the EUR 106.00 Lang & Schwarz price only as a directional cross-market reference, not as a calculated return, because the two figures use different currencies. The cleaner comparison is the US listing: NetEase last traded at USD 120.61 on Nasdaq on October 7, 2026, while the 52-week range was USD 106.06 to USD 156.44.
The upcoming reporting date gives the valuation debate a defined checkpoint. Zacks lists November 19, 2026, as the expected next earnings release and places the consensus estimate at USD 2.58 per share for the quarter ending September 2026. That estimate is materially above the USD 1.77 adjusted figure reported for the second quarter, making earnings execution the key counterweight to the target.
Share count adds a second monitor
NetEase's October 7, 2026 Form 6-K described September share movements, including 401,170 more issued shares after restricted-share-unit transfers and a 15,695-share repurchase held in treasury, according to StockTitan. The filing leaves the capital structure as a specific item to track alongside revenue growth and earnings conversion.
NetEase stock stays below its yearly high
At Lang & Schwarz, NetEase stock was trading at EUR 106.00 on October 8, 2026 at 11:02 a.m. CEST, down 0.93 percent versus the prior close of EUR 107.00. The Nasdaq quote was last at USD 120.61 on October 7, 2026, while the company had a market capitalization of USD 77.0 billion as of that session.
The further course of trading is shown by the continuously updated real-time quote of NetEase stock.
NetEase stock facts
- Company: NetEase, Inc.
- ISIN: US64110W1027
- Ticker: NTES
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 8, 2026, 11:02 a.m. CEST): EUR 106.00
- Change versus prior close: minus 0.93 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 107.00
- Market capitalization: USD 77.0 billion (as of October 7, 2026)
- 52-week range: USD 106.06-156.44 (as of October 7, 2026)
- Sector / Industry: Communication Services / Electronic Gaming and Multimedia
- Next earnings date: November 19, 2026
