NetEase (NTES) is a top gaming stock favored by billionaires and analysts predict future growth

From Yahoo Finance: 2025-03-30 16:34:00

The gaming industry has seen ups and downs, with growth during the pandemic but a slowdown post-restrictions. Analysts predict a rebound with major releases like GTA VI and the new Switch console. Console software revenue is expected to outperform PC software, with total playtime increasing in 2024, especially in Q4.

NetEase, Inc. (NASDAQ:NTES) is a top gaming stock, highly favored by billionaires with 11 investors and 38 hedge fund holders. Benchmark analysts raised the price target to $115 due to Q4 2024 results showing strong PC game growth offsetting weaker mobile performance. Future growth is expected with new releases like “Marvel Rivals” in FY25.

While NetEase, Inc. (NTES) ranks 6th on the list of best gaming stocks, some AI stocks may offer higher returns. NTES showed promising PC gaming growth despite mobile game underperformance in Q4 2024. Benchmark analysts forecast a 6.5% year-over-year increase in the games segment for FY25. For a promising AI stock, check out the report on the cheapest AI stock.

The gaming industry is poised for recovery with major releases driving growth. NetEase, Inc. (NTES) stands out as a top gaming stock favored by billionaires and hedge funds. Despite challenges, the industry is expected to see a rebound, with console software revenue projected to outperform PC software revenue growth until 2027.



Read more at Yahoo Finance: Is NetEase(NTES) One of the Best Gaming Stocks to Invest In According to Billionaires?