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StocksMedium•11 February 2026•

1 min read

Citigroup Maintains Buy Rating on NetEase, Raises Price Target to $165

A businessman in a suit with cacao beans, chocolate products, a world map, and financial charts. Silhouettes of workers and factories are also visible.

Citigroup has reaffirmed its "Buy" rating on NetEase, Inc. (NTES), simultaneously raising its price target for the stock from $161 to $165. This decision follows the company's Q4 2025 disclosures, which analysts believe underscore NetEase's robust growth profile. Citigroup's continued confidence is rooted in anticipated upcoming game launches, favorable margin trends, and potential positive shifts in China's regulatory landscape. Despite the positive analyst outlook, the market's immediate reaction to this updated rating and price target was notably muted. The assessment suggests a moderate bullish impact on the stock, reflecting sustained confidence tempered by current market dynamics.