智通财经APP获悉，中银国际发布研究报告称，维持网易-S(09999)首选及评级“买入”，并上调美股及港股目标价分别至127美元及198港元。该行认为，市场仍然低估了网易今年电脑游戏的增长走势，目前预测电脑游戏收入在2025年将同比增长42%至306亿元人民币。
网易的电脑游戏增长走势被低估，享受国际化加速果实。该行预测其核心线上游戏总收入同比增长6%至207亿元人民币，估计其电脑和手机方面的表现将在 第四季持续分化，电脑及手机方面收入分别同比增长48%及下降7%。另外，预计毛利率及经调整净利润率分别为61.3%及29.8%。
该行亦提到《漫威争锋》在海外的成功开局以及国内《燕云十六声》正向的玩家反馈均证明了公司坚实的核心游戏研发及经营能力，认为公司将逐步享受其坚定不移的游戏投资及策略执行所带来的国际化加速果实。
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