NetEase's 2Q Results Could Disappoint on Investment Losses -- Market Talk
Dow Jones2026/07/28 04:150415 GMT - NetEase 2Q adjusted profit is likely to came in below market expectations, Nomura analysts say in a research note. This is mainly due to investment losses stemming from its holdings of shares in Alibaba Group and PDD Holdings, Nomura says. 2Q was also a quiet quarter for NetEase's online games business due to a lack of new titles, they add. That said, NetEase's online games segment is still supported by its evergreen titles, they say. Nomura maintains a buy rating and $155.00 target price on its ADRs, which last closed at $123.77. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 00:15 ET (04:15 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pundit: If You Hold XRP, XLM, or HBAR, Don’t Miss This Update
Analyst: This 2026 XRP Price Prediction Way Well Go Into the History Books
Bitcoin Red Team Claims Blockstream Ignored Warnings Before Hack
Bitcoin's Weirdest Trader Yet? Fly Brain Makes a Profit
Crypto prices
More
