# NetEase Inc (NTES) Earnings Preview

Source: https://www.equity-rank.com/earnings-preview/NTES

Next report: **Thu, Nov 19, 2026, before the open**. Analysts' average EPS estimate: $2.40. The facts below describe past reports and today's prices; none of them predicts the result.

- Move the option market prices in: &plusmn;8.0% (at-the-money straddle, 2026-11-20 expiry)
- Typical move after a report: &plusmn;4.0% (median of the last 8, either direction)
- Model fair value (multi-method blend): Not published against a $129.45 price

## The last 8 reports

Reported EPS came in above the estimate 3 of 8 times.

| Reported | EPS estimate | EPS actual | Surprise | Stock move |
| --- | --- | --- | --- | --- |
| Thu, Aug 20, 2026 | $2.20 | $1.60 | -27.3% | -5.8% |
| Thu, May 21, 2026 | $15.39 | $17.46 | +13.5% | -2.1% |
| Wed, Feb 11, 2026 | $14.12 | $10.95 | -22.5% | -4.1% |
| Thu, Nov 20, 2025 | $14.81 | $14.73 | -0.5% | +0.4% |
| Thu, Aug 14, 2025 | $15.02 | $14.81 | -1.4% | -3.9% |
| Thu, May 15, 2025 | $1.79 | $2.21 | +23.5% | +14.6% |
| Thu, Mar 6, 2025 | $12.56 | $15.09 | +20.1% | -1.1% |
| Thu, Nov 14, 2024 | $12.36 | $11.63 | -5.9% | +10.4% |

Stock move = closing price change across the report.

[Full NTES valuation](https://www.equity-rank.com/stocks/NTES) · [Other upcoming reports](https://www.equity-rank.com/earnings-preview)

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Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.
