NetEase (NTES) Soars 9%: Is Further Upside Left in the Stock?

Zacks2021-08-25

NetEase (NTES) shares soared 9% in the last trading session to close at $92.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...

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2abbfa10
2021-08-25
2abbfa10
Maybe don't play too much games... [呆住]
5a4a94cf
2021-08-25
5a4a94cf
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The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netease-ntes-soars-9-further-121812874.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NTES","symbol_name":"网易","start_time":0,"source_url":"https://finance.yahoo.com/news/netease-ntes-soars-9-further-121812874.html","article_id":"2162054849","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2162054849","pubTimestamp":1629901790,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"NetEase (NTES) shares soared 9% in the last trading session to close at $92.65. The move was backed ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NTES":"网易"},"translate_title":"网易(NTES)大涨9%：该股还剩进一步上涨空间吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NTES":0.9},"content_text":"NetEase (NTES) shares soared 9% in the last trading session to close at $92.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.9% loss over the past four weeks.\nIncreased optimism over steady user growth fueled by strength in the company's diversified online gaming portfolio primarily drove the stock higher. Further, its expanded international presence with titles like Knives Out, Identity V and Marvel Super War is noteworthy.\nThis internet technology company is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of -20.4%. Revenues are expected to be $3.18 billion, up 23.6% from the year-ago quarter.\nEarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.\nFor NetEase, the consensus EPS estimate for the quarter has been revised 0.7% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on NTES going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank 3 (Hold).","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":837435677,"gmtCreate":1629904257099,"gmtModify":1631893271291,"author":{"id":"3555134782523638","authorId":"3555134782523638","name":"2abbfa10","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3555134782523638","authorIdStr":"3555134782523638"},"htmlText":"Maybe don't play too much games...&nbsp;[呆住]&nbsp;","listText":"Maybe don't play too much games...&nbsp;[呆住]&nbsp;","text":"Maybe don't play too much games... 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