Alert: Major Price Decline (12/22/23)-Netease Inc (NASDAQ: NTES).


Netease Inc (NASDAQ: NTES) stock suffered a major decline of -16.1% on 12/22/23. The shares closed at $87.64. Moreover, exceptionally high trading volume at 1287% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -16.1% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, NTES is expected to continue to be a modest Value Builder.

Netease has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Netease has a neutral Appreciation Score of 43 but a good Power Rating of 79, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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