06:50 AM EDT, 06/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 2025-2026 earnings per ADS to CNY53/CNY58 (from CNY48/CNY52), as we now believe Q1 2025's beat was structurally driven. Our 12-month target price is raised to USD145 (from USD130), at 19.7x our 2025 earnings per ADS forecast, a modest ~15% premium to its five-year forward P/E average of 17x. We believe this premium is warranted given NetEase's ( NTES ) consistent earnings delivery, strong net cash position, and growing monetization strength across both new and legacy titles globally. Although NetEase's ( NTES ) earnings are typically front-loaded due to holiday seasonality, we believe this quarter's strength was structurally driven by disciplined cost control and early success of high-margin console/PC titles. With Blizzard's relisted games contributing meaningfully, and global titles such as FragPunk, Once Human, and Marvel Rivals demonstrating robust early engagement, we now expect earnings strength to be more evenly distributed across the year.