NetEase Cloud Music Inc. Reports Fiscal Year 2024 Financial Results

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Citi Reiterates Buy Rating on NetEase.com (NTES)

February 20, 2025 4:59 AM EST

Citi analyst Hillman Chan reiterated a Buy rating and $121.00 price target on NetEase.com (NASDAQ: NTES)

The analyst comments "NTES reported 4Q24 total net revenues of Rmb26.7bn (-1.4% y/y, +2.1% q/q), missed Citi by 2% and 1.8% below consensus forecast of Rmb27.2bn mainly... More