The company employs 85,858 workers across the globe. 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. The news flow for Tencent in recent weeks is also negative. With the eSports market currently valued at $1.4 billion . The pandemic-accelerated digitization of the global economy has brought to the forefront several new avenues for wealth creation. Tencent Holdings (TCEHY) Stock Forecast & Price Target I am not receiving compensation for it (other than from Seeking Alpha). Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. I wrote this article myself, and it expresses my own opinions. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Prior to this piece of news, the proposed merger between two of Tencent Holdings' investees, DouYu International Holdings (DOYU) and Huya (HUYA), both of which are live game streaming platform operators, was rejected by SAMR in mid-July 2021. The Motley Fool has a disclosure policy. 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. The Stocks Are Climbing. While I acknowledge the deep undervaluation of the stock, I need to see the company undertake a material repurchase program before pounding the table here. is $78.24 , for 2032 Mar. At recent prices, TCEHY is trading at only 6x forward sales. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. contact@marketbeat.com TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. 8 predictions for the world in 2030 | World Economic Forum *Average returns of all recommendations since inception. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. The ex-dividend date is Thursday, May 19th. 2. Hungary, 2030, rd, Balatoni t 103/b. Cuando utilizas nuestros sitios y aplicaciones, usamos. 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.) Tencent Holdings ADR (TCEHY) Price & News - Google Finance See: Characteristics and Risks of Standardized Options. US Stock Forecast Tencent Holdings Limited Stock Predictons by days: 2022 Search Stock, FX pair, Crypto, or Commodity. 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. CNBC's Ted Kemp reports. 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. I am not receiving compensation for it (other than from Seeking Alpha). What is the dividend yield for Tencent? Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. 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. 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. 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. higher than where it traded at the beginning of 2018. Since then, TCEHY shares have increased by 11.2% and is now trading at $47.12. TCEHY : Long term TENCENT HOLDINGS LTD-UNS ADR stock forecast for 2022, 2023 (1 year) - 2025 - 2027 (5 year) - 2030, and 2032 (10 year) Forecast for 2023 Apr. Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. 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. Invest better with The Motley Fool. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if TCEHY could be a good portfolio addition. The median estimate represents a +13.86% increase from the last price of 47.12. Start Now for $1 >>, Jessica Silver-Greenberg and Michael Corkery. I wrote this article myself, and it expresses my own opinions. 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 software platform has demonstrated high scalability, which is apparent from the company's trailing-12-month gross margin close to 95%. Countries. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? 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. The strength of Sea's gaming portfolio is apparent, considering that its internally developed game Free Fire was the most downloaded game in the world in 2020. American Consumer News, LLC dba MarketBeat 2010-2023. Delayed quotes by FIS. Tencent - TCEHY - Stock Price Today - Zacks With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Real time prices by BATS. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. Financial numbers in CNY Financial Statements Analyst Forecast According to 60 analysts, the average rating for TCEHY stock is "Buy." At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Tencent has received a consensus rating of Hold. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Over the next 52 weeks, Tencent Holdings has on average historically risen by 28.7% based on the past 14 years of stock performance. For readers keen to invest in Tencent's relatively more liquid Hong Kong-listed shares, they can use US stockbrokers with access to international equity markets like Fidelity or Interactive Brokers. I have no business relationship with any company whose stock is mentioned in this article. Earnings for Tencent are expected to grow by 28.68% in the coming year, from $1.29 to $1.66 per share. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Investors are always searching for opportunities to yield handsome returns. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. The shares retreated to a low of $0.0084, which was a few points below the year-to-date high of $0.0122. Tencent's stock was trading at $42.36 at the start of the year. This rating has held steady since February, when it was unchanged from a Buy rating.Move your mouse over pastmonths for detail. I wrote this article myself, and it expresses my own opinions. tcehy stock forecast 2030. The. Read our dividend analysis for TCEHY. 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. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. tcehy stock forecast 2030 - apnaswarg.com 1. Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by The risk of loss in trading securities can be substantial. On April 19, 2021, Tencent Holdings announced its refined strategy of "promoting sustainable innovations for social value, alongside nurturing the consumer Internet." Our research is based on sources that we believe to be reliable. I would expect that if it announced and actually repurchased even $10 billion of stock, then I personally might find myself buying the stock upon evidence of an executed material buyback program. 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%. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. While rising inflation and anticipation about the Federal Reserve increasing interest rates have made short-term investors jittery, it is not that big of an issue for long-term investors. Another point is that Tencent's gaming business could possibly be the next target (after education) of the Chinese regulators. Those who understand the pendulum's behavior can benefit enormously. Get involved with our crowdsourced digital platform to deliver impact at scale. 1 dividend stock for a LIFETIME of income. Get them exclusively at Asia Value & Moat Stocks. . 3 Stocks That Could Turn $10,000 Into $50,000 by 2030 tcehy stock forecast 2030. This payout ratio is at a healthy, sustainable level, below 75%. While Sea pays royalties to Tencent, this distribution activity has also helped expand the company's gaming user base. Further, we expressly disclaim any responsibility to update such research. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals. To learn more, click here. Past success does not guarantee future profit !! Disclaimer. Members of Best Of Breed get exclusive access to our model portfolio. Stock Price Forecast. This means that if you invested $100 now, your current investment may be worth 210.104$ on 2024 March 05, Tuesday. This suggests a possible upside of 301.1% from the stock's current price. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. 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. Things got worse last week, when Bloomberg reported on July 24, 2021 that the Chinese regulators are "banning companies that teach the school curriculum from making profits, raising capital or going public." Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, March, 18th. Notably, Tencent Holdings has also decided to allocate RMB50 billion to its Sustainable Social Value Organization as a start, which will be financed by the company's "investment gains.". Factset: FactSet Research Systems Inc.2019. Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. On the negative side of things, it is a worry that Tencent is prioritizing national interest over profit maximization. It is easy to see why. 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. Tencent has only been the subject of 1 research reports in the past 90 days. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. tcehy stock forecast 2030 Morningstar: 2019 Morningstar, Inc. All Rights Reserved. All rights reserved. Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. 2023 Stock Analysis. Zacks Rank Education -- Learn more about the Zacks Rank View which stocks are hot on social media with MarketBeat's trending stocks report. Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. 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). 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. 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. See rankings and related performance below. 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. One share of TCEHY stock can currently be purchased for approximately $47.12. As of 2023 March 05, Sunday current price of TCEHY stock is 47.120$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). Cloudflare is currently guiding for fiscal 2021 revenue of $612 million to $616 million, implying a 42% year-over-year rise at the midpoint. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, One Way to Earn More From Dividend Stocks, How to Choose a Winning Dividend Investing Strategy, 3 Industries Leading the Stock Market Rebound, Oil Tankers Boost Dividends, See Continued Robust Business In '23. Transform Your Portfolio With This Simple Morning Trade! Uncover cheap stocks, great businesses listed in Asia focusing on HongKong. Move your mouse over a quarter or year to see how estimates have changed over time. 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. The. 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. certain games promote negative values) and physical health (e.g. The official website for the company is www.tencent.com. [Read more]. Tencent also runs China's largest social media super app--WeChat. Any trades shown are hypothetical example and do not represent actual trades. 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. 2. A Warner Bros. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. 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. Sign-up to receive the latest news and ratings for Tencent and its competitors with MarketBeat's FREE daily newsletter. Cannabis stocks have been on a rollercoaster the past few years, acknowledges sector director Kris Inton. Finally, although digital financial services are currently a small part of Sea's revenue mix, it is growing at a fast pace. The dividend payout ratio is 6.47%. This product is for educational purposes only. During that same time period, TCEHY has more than doubled both its top and bottom lines: The net result is that TCEHY has seen its earnings multiple contract significantly, and its arguable that the stock was cheap even prior to this fall: Many of my Seeking Alpha peers have made the case that, in comparison with Alibaba (BABA) and other Chinese tech companies, TCEHY is more insulated from government regulatory backlash due to having already dealt with it many years ago. Twilio Stock Forecast 2023 - 2025 - 2030 | StockForecast.com Cloudflare currently offers network services in over 200 citiesand 100 countries. We use cookies to understand how you use our site and to improve your experience. Cloudflare Another game-changing stock that can easily turn $10,000 to. Where Will Tencent (TCEHY) Stock Be In 5 Years? The lowest target is $ 28.32 and the highest is $ 73.81. I understand my credit card will be charged $7 today for 7 days of Platinum access. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. A month ago, Strong Buy represented 75%. Shopify Stock Forecast 2023 - 2025 - 2030 | StockForecast.com Shopee continues to dominate the Indonesian e-commerce sector, which is expected to grow faster than the Indian e-commerce market. What is the current Price Target and Forecast for Tencent (TCEHY) All rights reserved. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. As of February 15th, there was short interest totaling 9,381,500 shares, an increase of 20.5% from the January 31st total of 7,784,700 shares. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. I attempt to answer this question in the subsequent section of this article. Disclaimer: Past performance is no guarantee of future performance. The 25 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 9.77, with a high estimate of 10.94 and a low estimate of 4.67 . Trading stocks, options and other securities involves risk. Will Tencent Holdings Stock Go Up Next Year? The technology company can be reached via phone at 86-755-8601-3388, via email at ir@tencent.com, or via fax at 86-755-8601-3399. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. But the good news is, if China invades Taiwan, there is a way to protect yourself. However, this pullback presents a unique entry opportunity to buy shares of this high-margin and no-debt gaming company. Specifically, Tencent Holdings' shares decreased by close to -8% . Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. Tencent Holdings Limited (TCEHY) Stock Price, News, Quote & History - Yahoo Finance Tencent Holdings Limited (TCEHY) Other OTC - Other OTC Delayed Price. Should I buy or sell Tencent stock right now? If you have an ad-blocker enabled you may be blocked from proceeding. Tencent (OTCMKTS:TCEHY) has a market capitalization of $450.39 billion and generates $86.82 billion in revenue each year. Feb 28, 2023, 06:55 GMT AITX stock price continued its bearish momentum this month as worries about the penny stock continued. ~ Howard Marks. On average, they predict the company's stock price to reach $189.00 in the next year. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. Is this happening to you frequently? Tencent has a P/B Ratio of 3.33. What might change the downward trend? 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. I have no business relationship with any company whose stock is mentioned in this article. Making the world smarter, happier, and richer. All times are ET. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China. Analyst Consensus: Buy Analyst Ratings Is Tencent Holdings A Buy Over The Next 30 Days? The stock appears to have around 100% upside even to conservative multiples, and I explain what investors should wait for before buying into the stock. TENCENT HOLDINGS LIMITED UNSP A (TCEHY) Stock Forecasts 2022 Cable News Network. 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. The 7 Best Growth Stocks to Buy to Retire Early. The consensus among Wall Street analysts is that investors should "hold" TCEHY shares. If you wish to go to ZacksTrade, click OK. Zscaler, Inc Plummets, Is It Time To Buy The Dip? View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts. gaming and social media), and the company's access to a significant amount of critical data relating to Chinese users (e.g. The P/E ratio of Tencent is 16.95, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 361.38. The company's freemium strategy of offering its services free to individual users and then leveraging the insights to develop premium-priced products for enterprises has been paying rich dividends. TME - Tencent Music Entertainment Group Forecast - CNNMoney.com Shares of these innovative growth stocks are richly valued, yet they have solid potential to go even higher in the coming years. Further, owners, employees, agents or representatives of Financhill are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. Here's a recap. This indicates that Tencent will be able to sustain or increase its dividend. How good is it? The P/E ratio of Tencent is 16.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.03. 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. I note that TCEHY hasnt been completely spared from recent regulatory actions. All rights reserved. Tencent does not have a long track record of dividend growth. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. There are two other points worth noting, when evaluating the outlook of Tencent in the next five years. Tencent Holdings' listed subsidiary, Tencent Music Entertainment (TME), which operates the country's leading music streaming platforms, was requested by "China's State Administration for Market Regulation or SAMR" to "give up exclusive music licensing rights", as reported in a recent July 24, 2021 Seeking Alpha news article. Actual results may differ. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. What is a Good Dividend Yield? How often does Tencent pay dividends? Please disable your ad-blocker and refresh. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Real-time analyst ratings, insider transactions, earnings data, and more. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. is $39.31 , and for 2033 Mar. Read the conference call transcript. 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