Core Insights - NetEase, Inc. reported fiscal Q3 2025 revenue of RMB28.4 billion ($4.0 billion), an 8.2% year-over-year increase, but below analysts' expectations of $4.10 billion [1] - The company's EPS of $2.09 met consensus estimates [1] Revenue Breakdown - Revenue growth was primarily driven by Games and related value-added services, which accounted for 97.6% of total revenue, growing 11.8% year-over-year to RMB23.3 billion ($3.3 billion) [2] - The increase in gaming revenue was attributed to higher earnings from self-developed games, including Fantasy Westward Journey Online and Sword of Justice, as well as certain licensed games [2] - Fantasy Westward Journey Online achieved a record concurrent player count of 3.58 million for the fourth consecutive quarter in Q3 2025 [2] Analyst Ratings - UBS maintained a Buy rating on NetEase, Inc. with a price target of HK$302.64 [3] - NetEase is recognized as a leading Chinese internet technology corporation focused on gaming, education, music, and e-commerce, with a diverse portfolio of popular mobile and PC games [3]
NetEase (NTES) Announces Results for Fiscal Q3 2025