Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Tencent trades on the OTCMKTS under the ticker symbol "TCEHY.". Please disable your ad-blocker and refresh. This represents a dividend yield of 3.2%. The company clearly has the financial wherewithal to direct 100% of free cash flow towards share repurchases. Tencent's mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. TCEHY generated $16 billion in free cash flow last year and maintains a strong balance sheet with almost neutral leverage and an additional $127 billion in equity investments (totaling over 20%. Asia Value & Moat Stocks is a research service for value investors seeking value stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. The Stocks Are Climbing. (TWLO) Twilio Stock Predictions from the Leading Provider of Short and Long Term Stock Price Forecasts. I have no business relationship with any company whose stock is mentioned in this article. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. contact@marketbeat.com Tencent (TCEHY) Price Target Stock Forecast. Sign in to your free account to enjoy all that MarketBeat has to offer. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. Facing the future. Cannabis stocks have been on a rollercoaster the past few years, acknowledges sector director Kris Inton. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. major impact on the company's business operations in the medium term. The monthly returns are then compounded to arrive at the annual return. Based on its last traded price of HK$490.00 as of July 26, 2021, Tencent Holdings is valued by the market at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 28.1 times and 22.5 times, respectively. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, If You Invested $1,000 in Nvidia in 1999, Here's the Shocking Amount You Would Have Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. Tencent had a trailing twelve-month return on equity of 8.93% and a net margin of 32.16%. Is this happening to you frequently? However, this pullback presents a unique entry opportunity to buy shares of this high-margin and no-debt gaming company. Ha nem szeretn, hogy mi s partnereink cookie-kat s szemlyes adatokat hasznljunk ezekre a tovbbi clokra, kattintson Az sszes elutastsa lehetsgre. Tencent Holdings Stock Rating Sell 24 Tencent announced a dividend on Saturday, May 14th. I wrote this article myself, and it expresses my own opinions. Online advertising was strong as usual, but the strongest performing segment was in fintech - is it too late to note that TCEHY owns one of the PayPals of China?. Most stock quote data provided by BATS. I am not receiving compensation for it (other than from Seeking Alpha). In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. The current consensus among 63 polled investment analysts is to Buy stock in Tencent Holdings Ltd. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. In addition to acquiring new customers, Cloudflare's existing customers are also purchasing more of its products as evidenced by the first-quarter dollar-based net retention rate of 123%(the same customers have spent 23% more dollars in the first quarter as compared to that spent in the same quarter of the prior year). I have read and understand the, Characteristics and Risks of Standardized Options. 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. The company trades at only 20x earnings even before accounting for equity investments on its balance sheet, which total over 20% of the current market cap. Should I buy or sell Tencent stock right now? Furthermore, Tencent's current consensus forward next twelve months' normalized P/E multiple of 26.8 times represents a significant discount to its five-year and 10-year average forward P/E multiples of 33.0 times and 31.0 times, respectively. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? The company also disclosed in the announcement that it "will integrate the existing Corporate Social Responsibility and charitable activities into a new Sustainable Social Value Organization. I am not receiving compensation for it (other than from Seeking Alpha). History; Forecast; Charts; Data; Market; Q&A; Comments; Buy CRYPTO . I also stressed in that article the possibility of "further selling pressure for the stock (Tencent) if more new policies with a negative impact on Tencent and the Chinese internet market are announced." Although the concept might sound utterly ridiculous to those stemming from particular generations, the rise of video game professionalism implies strongly that investors should at least consider e-spo China's video games regulator on Friday approved 87 new video games for the month of Feburary including titles under Tencent Holdings , Alibaba Group and NetEase. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. In five years' time, I see slower earnings growth and reduced profitability for Tencent, as the company tries to strike a delicate balance between the interests of its shareholders and those of the nation. With the gaming business helping control its overall losses, Sea has been focusing on expanding the market share of its e-commerce platform Shopee. Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. This realization might suggest that TCEHY is a buying opportunity courtesy of the falling price. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. In the past three months, Tencent insiders have not sold or bought any company stock. Tencent's OTC shares are relatively less liquid than the company's shares listed on the Hong Kong Stock Exchange. The Financhill.com educational training program and software services are provided to improve financial understanding. How often does Tencent pay dividends? View TCEHY analyst ratings or view top-rated stocks. If you wish to go to ZacksTrade, click OK. TCEHY updated stock price target summary. The. Another point is that Tencent's gaming business could possibly be the next target (after education) of the Chinese regulators. I note that TCEHY hasnt been completely spared from recent regulatory actions. The company charges 15% of the gross proceeds paid by players for its services. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. In view of the current regulatory headwinds and Tencent Holdings' share price weakness, it is natural to ask if this is an investment opportunity for investors with a long, multi-year investment time horizon. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. This payout ratio is at a healthy, sustainable level, below 75%. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. (Ad). Considering that Tencent's current valuations have priced in the known and obvious regulatory headwinds and policy issues to a large extent, I retain a Neutral rating for Tencent Holdings. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. In spite of modest gross margins, TCEHY has been able to generate solid non-IFRS net margins of around 25% or higher: TCEHY is trading around 20x earnings, which is incredibly cheap for a company that is growing revenues at a 20% clip. Is Tencent Holdings A Buy Over The Next 30 Days? tcehy stock forecast 2030. Singapore-based Sea Limited (SE 3.32%) has been rapidly expanding its three business segments -- e-commerce (Shopee), digital entertainment (Garena), and digital financial services (SeaMoney and ShopeePay) -- in Southeast Asia, Taiwan, and Latin America. Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. Julian Lin runsBest Of Breed Growth Stocks, a research service uncovering high conviction ideas in the winners of tomorrow., Get access to hishighest conviction ideas here.. Ceri Parker Previously Commissioning Editor, Agenda, World Economic Forum. Shopify Stock Forecast and Price Target If the average 2023 price target of $45.00 recently set by Twenty one prominent experts for Shopify is met, there would be a potential upside of approximately 9.38% from the last closing price in February, 2023. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. The following companies are subsidiares of Tencent: 10 Chambers Collective, 1C Entertainment, APKPure Inc., Beijing BIZCOM Technology Company Limited, Beijing Starsinhand Technology Company Limited, Beijing Tencent Culture Media Company Limited, Bitauto, Cat Cake, China Literature Limited, China Music Corp, Cloudary, Comsenz, Fatshark, Funcom Games, Grinding Gear Games, HUYA, Inflexion Games, Klei Entertainment, Leyou Group, Linktech Navi, Miniclip SA, Nanjing Wang Dian Technology Company Limited, Riot Games, Riot Games Inc., Sanook, Sharkmob, Shenzhen Domain Networks, Shenzhen Shiji Kaixuan Technology Company Limited, Shenzhen Tencent Culture Media Company Limited, Slamfire Inc., Stunlock Studios, Supercell, Supercell Oy, TME, Tencent Asset Management Limited, Tencent Cloud Computing (Beijing) Company Limited, Tencent Computer, Tencent Cyber (Shenzhen) Company Limited, Tencent Cyber (Tianjin) Company Limited, Tencent Technology, Tencent Technology (Beijing) Company Limited, Tencent Technology (Chengdu) Company Limited, Tencent Technology (Shanghai) Company Limited, Tencent Technology (Wuhan) Company Limited, Tequila Works, Turtle Rock Studios, Wake Up Interactive Ltd., Yager Development GmbH, Zam, and iFlix. Get short term trading ideas from the MarketBeat Idea Engine. Future price of the stock is predicted at 99.000997145002$ (110.104% ) after a year according to our prediction system. proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. 1 dividend stock for a LIFETIME of income. I have no business relationship with any company whose stock is mentioned in this article. Nikada/iStock Unreleased via Getty Images. Move your mouse over a quarter or year to see how estimates have changed over time. 5 brokerages have issued 12 month price targets for Tencent's stock. Tencent Holding Ltd. currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) 1. All Rights Reserved. The risk involved with trading stocks, options and other securities is not suitable for all investors. Read our dividend analysis for TCEHY. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. Disclaimer: Past performance is no guarantee of future performance. These Stocks Plunge. China's greatest challenge is arguably an ageing population and its ills, and the country's recent crackdown on tutoring companies is seen as a way to support its new "three-child" policy and encourage more people to have children without being worried about the stress that their kids could be faced with. Their TCEHY share price forecasts range from $48.00 to $330.00. The 12-month stock price forecast is $53.42, which is an increase of 13.37% from the latest price. A RMB10 billion financial penalty will be roughly equivalent to about 6% of TCEHY's FY 2020 net profit attributable to shareholders, based on S&P Capital IQ data. More importantly, there is market speculation that Tencent Holdings might eventually be hit with a substantial financial penalty relating to anti-trust issues, just like its major Chinese internet peer company, Alibaba (BABA) which was given a fine of RMB18 billion in April 2021. The average price target is $48.00 with a high forecast of $48.00 and a low forecast of $48.00. Read the conference call transcript. Tencent does not have a long track record of dividend growth. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The technology company earned $15.02 billion during the quarter, compared to analyst estimates of $14.76 billion. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals. Tencent Holdings Limited Stock Price Forecast, "TCEHY" Predictons for2026. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. On the negative side of things, it is a worry that Tencent is prioritizing national interest over profit maximization. higher than where it traded at the beginning of 2018. With edge-based network architecture allowing for data and computations to be performed at a localized data center closer to the user instead of a centralized data center, Cloudflare's network is inherently fast, reliable, and more secure. Discovery Company. NASDAQ data is at least 15 minutes delayed. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if TCEHY could be a good portfolio addition. Get involved with our crowdsourced digital platform to deliver impact at scale. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. I have no business relationship with any company whose stock is mentioned in this article. Unlock HIDDEN Features! I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. Is this happening to you frequently? Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Tencent also runs China's largest social media super app--WeChat. Tencent's stock price has fallen by -21% from HK$620.00 as of March 26, 2021 to HK$490.00 as of July 26, 2021. Zacks Style Scores Education - Learn more about the Zacks Style Scores. * indicates the important links in the menu. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. But the current regulatory environment and the policy stance by the Chinese authorities imply that China could be willingly to "redistribute" the profits of the biggest companies in the country for the benefit of society at large in one way or another. Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. Free Stock Analysis Report: See The True Value of Any Stock. (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. things fall apart chapter 10 quotes. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. Here's a recap. In-depth profiles and analysis for 20,000 public companies. See: Characteristics and Risks of Standardized Options. If you do not, click Cancel. Find the latest TENCENT HOLDINGS LIMITED UNSP A (TCEHY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Instead, I would like to see the company execute on a material stock repurchase program at current levels. That said, TCEHY has noted that it has complied with the new regulation and only 2.6% of game grossing receipts came from players aged under 16. A month ago, Strong Buy represented 75%. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 326 E 8th St #105, Sioux Falls, SD 57103 This could possibly translate to a lower degree of regulatory scrutiny for the company in the future. TCEHY Stock 12 Months Forecast $48.00 (10.02% Upside) Based on 1 Wall Street analysts offering 12 month price targets for Tencent Holdings in the last 3 months. Tencent's stock was trading at $42.36 at the start of the year. Unfortunately, my worst fears have been confirmed to a large extent. is $79.93 , for 2028 Mar. gaming and social media), and the company's access to a significant amount of critical data relating to Chinese users (e.g. Shopee is also making rapid inroads in Brazil. Our research is based on sources that we believe to be reliable. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Specifically related to TCEHY, the Chinese government has been cracking down on the video game industry, expressing concerns that the industry is focused on profits and placing more restrictions on the industry. is $48.51 , for 2024 Mar. I am not receiving compensation for it (other than from Seeking Alpha). Currency in USD Follow 47.12 -0.12. China 'Tries New Tactic' to Control Alibaba, Tencent. Chinese stocks which had risen on excitement over AI tumbled after the report from Nikkei Asia. Tencent Holdings has risen higher in 9 of those 14 years over the subsequent 52-week period, corresponding to a historical accuracy of 64.29%, Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and. Investors are always searching for opportunities to yield handsome returns. Not Ident. As of 2023 March 05, Sunday current price of TCEHY stock is 47.120$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. The Motley Fool has a disclosure policy. To be put it more specifically for those not familiar with TCEHY, the company is known by many for its blockbuster games such as League of Legends, and for WeChat, which is known as the Facebook of China.. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022. Amazon led the way by losing about $856 billion in market cap nearly half its market valuation over the last 12 months, Chinese tech stocks are a great pick at current valuations but only for the long-term investors, says Anand Batepati of GFM Focus Investing. Tencent has only been the subject of 1 research reports in the past 90 days. the Chinese bear market. Those who understand the pendulum's behavior can benefit enormously. Assessing where Tencent will be in five years' time requires an understanding of the new regulatory environment in China and the top priorities of the country, and making an evaluation of how all of these could potentially impact TCEHY's future business operations. The shares retreated to a low of $0.0084, which was a few points below the year-to-date high of $0.0122. Will Tencent Holdings Stock Go Up Next Year? I understand my credit card will be charged $7 today for 7 days of Platinum access. Further, we expressly disclaim any responsibility to update such research. Which Chinese stocks does he recommend? What is a Good Dividend Yield? The company is positioning itself as "Cisco-as-a-service,"wherein a software-based network service is used to replace all types of network hardware such as routers, firewalls, VPNs, and load balancers. The app is now . All rights reserved. Learn more. I attempt to answer this question in the subsequent section of this article. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Shares of these innovative growth stocks are richly valued, yet they have solid potential to go even higher in the coming years. I understand that I am receiving a special one-time deal and will be billed $397 for 6 months membership (instead of the usual 3 months quarterly membership) and that after 6 months I will be billed at $397 quarterly thereafter unless I choose to cancel, which I may do at any time. US Stock Forecast Tencent Holdings Limited Stock Predictons by days: 2022 Search Stock, FX pair, Crypto, or Commodity. This product is for educational purposes only. Many investors think Beijing's crackdown on technology firms is ending, but the Chinese government will still hold influence over names like Alibaba and Tencent. Tencent - TCEHY - Stock Price Today - Zacks Tencent (TCEHY) (Delayed Data from OTC) $47.12 USD -0.12 (-0.25%) Updated Mar 3, 2023 03:59 PM ET Add to portfolio Zacks Rank: 3-Hold 3 Style. Tencent (OTCPK:TCEHY), one of the highest quality stocks available in the Chinese market, has seen its stock crushed in spite of not being in the direct crosshairs of the regulatory overhaul that has caused the Chinese bear market. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Stock Price Forecast The 53 analysts offering 12-month price forecasts for Tencent Holdings Ltd have a median target of 53.65, with a high estimate of 74.70 and a low estimate of 31.85. Investors of record on Friday, May 20th will be given a dividend of $0.18 per share on Tuesday, June 21st. American Consumer News, LLC dba MarketBeat 2010-2023. . I don't view Tencent stock as a good Buy, as I think the Chinese government's policies will have a major impact on the company's business operations in the medium term. TCEHY generated $16 billion in free cash flow last year and maintains a strong balance sheet with almost neutral leverage and an additional $127 billion in equity investments (totaling over 20% of the current market cap). Analyst Consensus: Buy Analyst Ratings On an absolute basis, these valuations do seem reasonably attractive for one of China's largest and most dominant internet & technology companies (which is not necessarily a positive factor now). 1 year Tencent Holdings Ltd ADR Forecast: 99.000997145002 *, 5 year Tencent Holdings Ltd ADR Forecast: 409.555 *. is $36.94. Shopee continues to dominate the Indonesian e-commerce sector, which is expected to grow faster than the Indian e-commerce market. China moving to take 'golden shares' in Alibaba, Tencent units - FT, Ten Big Tech Stocks Lost $4.6T Market Cap in 2022. Tencent's stock price has dropped by -21% in the past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Tencent's stock price has dropped by -21% in the past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Receive TCEHY Stock News and Ratings via Email, February 22, 2023|americanbankingnews.com. I note that TCEHY has a long growth runway due to its WeChat being anecdotally under-monetized and the companys direct exposure to many secular growth stories in online advertising, fintech, and video gaming. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 . Past success does not guarantee future profit !! Specifically, Tencent is dominant in the Chinese games market with an estimated 40% market share, which raises antitrust concerns. Chinese internet leader Tencent is noted for its recent foray into the growing esports market. This means that if you invested $100 now, your current investment may be worth 210.104$ on 2024 March 05, Tuesday. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The Motley Fool owns shares of and recommends Cloudflare, Inc., Nvidia, Sea Limited, Skillz Inc., and Tencent Holdings. Taking into account the potential downside risks to the company's bottom line in the next couple of years, I choose to keep my Neutral rating for Tencent Holdings. Nothing here in constitutes a recommendation respecting the particular security illustrated. The news flow for Tencent in recent weeks is also negative. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Earnings were 224.82 billion, an increase of 40.65%. Find the latest TENCENT HOLDINGS LIMITED UNSP A TCEHY analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports.