05:15 AM EDT, 05/19/2025 (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 maintain a Hold rating on NetEase ( NTES ) and raise our 12-month target price to USD130 (from USD110), reflecting improving earnings visibility, cost discipline, and expanding global game monetization. At our 12-month target price, NetEase ( NTES ) would trade at 19.5x our 2025 earnings per ADS forecast, a modest 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. The stock's historical range during prior upcycles ranges between 19x and 22x, and we view the current trajectory of global game scaling and margin stability as supportive of this higher band. While valuation is already at the top end of NetEase's ( NTES ) usual trading range, given the Q1 earnings beat, the structural change in its revenue mix, increasing traction from its gaming portfolio, and higher appetite for China technology names, we think the premium should hold.