Zhi Tong Cai Jing·2025-09-15 02:44Core Viewpoint - Goldman Sachs has raised its earnings per share forecast for NetEase-S (09999) by 2-3% for the years 2025-2027, citing stronger game revenue growth and higher profit margins from the "Fantasy Westward Journey" series [1] Group 1: Financial Performance - The target price for NetEase has been increased to HKD 252 [1] - NetEase's stock price has risen by 74% year-to-date and increased by 19% following the release of its Q2 earnings, outperforming the Chinese internet sector [1] Group 2: Future Outlook - Goldman Sachs anticipates that NetEase will deliver solid performance in the second half of 2025, driven by strong results from its classic games [1] - For 2026, the company is expected to benefit from two upcoming potential blockbuster games and success in overseas markets, which may lead to a revaluation of its stock price [1]