10 Best Gaming Stocks to Invest In According to Billionaires

6. NetEase, Inc. (NASDAQ:NTES)

Number of Billionaire Investors: 11

Number of Hedge Fund Holders: 38

NetEase, Inc. (NASDAQ:NTES) is a Chinese internet technology corporation that is primarily focused on gaming, education, music, and e-commerce. The company develops and operates a diverse portfolio of popular mobile and PC games for the Chinese market and international markets. According to billionaires, NetEase, Inc. (NASDAQ:NTES) is one of the best gaming stocks to buy.

On February 21, Benchmark analysts raised the firm’s price target on NetEase, Inc. (NASDAQ:NTES) from $105 to $115 and maintained a “Buy” rating. This change followed the company’s Q4 2024 financial report, which showed mixed results. While the revenue fell short of expectations due to weaker mobile gaming performance, NetEase, Inc. (NASDAQ:NTES) managed to exceed profitability forecasts. The revenue miss because of the mobile games segment was partly offset by strong PC game growth, driven by the return of popular Blizzard titles like “World of Warcraft” and “Hearthstone,” continued success of existing games, and new releases. Benchmark analysts are optimistic about NetEase, Inc.’s (NASDAQ:NTES) future, particularly in PC gaming, with the launch of high-profile games like “Marvel Rivals” expected to drive growth in fiscal year 2025. Although mobile games underperformed in Q4 2024, there were early signs of stabilization in deferred revenue. Benchmark analysts now forecast a 6.5% year-over-year increase for NetEase, Inc.’s (NASDAQ:NTES) games segment in FY25, up from the firm’s previous 5% estimate.