Tencent Holdings Limited Stock Price Forecast, "TCEHY" Predictons for2026. 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. All rights reserved. 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. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Get access to my highest conviction ideas., Julian Lin is a top ranked financial analyst. I attempt to answer this question in the subsequent section of this article. Lun - Ven : 08:00 - 18:00 | Sam : 10:00 - 16:00. global emote hunters; prince fine silver plus cigaretter; clothing brand with red cross logo; full house for rent mississauga kijiji; rio chama dispersed camping; how much does justin bieber charge for a feature. This payout ratio is at a healthy, sustainable level, below 75%. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Get involved with our crowdsourced digital platform to deliver impact at scale. For the next year, analysts predict that Fair Value . A Crypto Investment & Asset Managment Company 1 dividend stock for a LIFETIME of income. At recent prices, TCEHY is trading at only 6x forward sales. Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Investors have to consider potential changes in the regulatory environment and their impact on Tencent's future profitability, in assessing the company's prospects for the next five years. 2. tcehy stock forecast 2030. funfetti pancake mix cookies tcehy stock forecast 2030. tcehy stock forecast 2030. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. made by four brokerage firms. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merch Disclaimer. The large customer cohort has emerged as the fastest-growing cohort and accounts for more than half of the company's total revenue. 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. Making the world smarter, happier, and richer. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. 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." It is easy to see why. 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.". 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. Specifically, Tencent Holdings' shares decreased by close to -8% . The current consensus among 63 polled investment analysts is to Buy stock in Tencent Holdings Ltd. The. Discover historical prices for TCEHY stock on Yahoo Finance. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. Stock Price Forecast. 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." There could be short-term positives associated with the collaboration, as Tencent might see incremental revenue from the usage of its payment services WeChat Pay on Alibaba's e-commerce marketplaces as an example. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. buying assets at a discount e.g. Countries Exchanges. 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. [Read more]. I am not receiving compensation for it (other than from Seeking Alpha). One share of TCEHY stock can currently be purchased for approximately $47.12. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Financial numbers in CNY Financial Statements Analyst Forecast According to 60 analysts, the average rating for TCEHY stock is "Buy." 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. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Per a report published on Yahoo Finance, the global eSports market size is likely to expand by $3.5 billion till 2027, at a CAGR of 21.81%. Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y Poltica de cookies. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. Our research is based on sources that we believe to be reliable. US Stock Forecast Tencent Holdings Limited Stock Predictons by days: 2022 Search Stock, FX pair, Crypto, or Commodity. The expansion of its gaming portfolio, both in the number of games and genres, increases the chances of delivering several hits, which in turn can improve the company's financials. Should I buy or sell Tencent stock right now? Fed's Shocking New Plan to Control Your Money, Oriental Culture (NYSE:OCG) versus Tencent (OTCMKTS:TCEHY) Head to Head Review, Tencent Eyes Deal To Sell Meta's Quest 2 VR Headset in China, The Biggest Videogaming Market, Alibaba Rival Tencent Dumps Metaverse Ambitions As Macro Uncertainties Weigh, Tencent And NetEase Score Wins As Chinese Regulator Doles Out Gaming Licenses; Alibaba Bags One This Time Too, Tencent, NetEase Score More Wins As China Awards More Gaming Licenses: Report, China's Tencent Looking to Gobble Up 'Angry Birds' Maker Rovio, China Taps Alibaba, Tencent To Beat US Sanctions, The Best Way to Invest in Emerging Markets Just Got Even Better, TENCENT HLDGS UNSP/ADR (TCEHY) Q3 2022 Earnings Call Transcript. 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.. Against the backdrop of a diversified business model benefiting from several structural tailwinds, Sea Limited offers an attractive risk-reward proposition to retail investors. 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. Another game-changing stock that can easily turn $10,000 to $50,000 by 2030 is the leading edge-based content delivery network and cybersecurity player, Cloudflare (NET 3.67%). Nikada/iStock Unreleased via Getty Images. Is this happening to you frequently? I understand my credit card will be charged $7 today for 7 days of Platinum access. 2. *Average returns of all recommendations since inception. China 'Tries New Tactic' to Control Alibaba, Tencent. China's video games regulator on Tuesday granted publishing licences to 88 online games, including titles belonging to Tencent Holdings Ltd , NetEase Inc and miHoYo. 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. tcehy stock forecast 2030. Skillz operates a software platform that hosts several games of skill (and not of chance) from multiple game developers. The company generated robust 20% top line growth while maintaining strong profit margins. Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. Learn more. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Applying a multiple of 8-10 times on estimated sales, the company's valuation will gallop to about $10 trillion,. As the most recent World Cup demonstrated, so Daily market news in bullet point format. We nevertheless expect to see a good deal of change . MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. 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. Tencent's OTC shares are relatively less liquid than the company's shares listed on the Hong Kong Stock Exchange. Investors have to consider potential changes in the regulatory environment and their impact on Tencent's future profitability, in assessing the company's prospects for the next five years. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Unlock HIDDEN Features! 8 predictions for the world in 2030 Nov 12, 2016. Transform Your Portfolio With This Simple Morning Trade! 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. Tencent saw a increase in short interest in February. About the Tencent Holdings Limited stock forecast. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. The cloud business of Chinese technology giant Tencent announced the collaboration in a press release on Abhay Deshpande, Centerstone Investors chief investment officer,, joins 'The Exchange' to discuss why he calls the current market a stock picker's market and offers the top names to buy. I have no business relationship with any company whose stock is mentioned in this article. Cost basis and return based on previous market day close. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. Build your trading network; Follow your favorite assets . Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2022 History Forecast Charts Data Market Q&A Comments Buy CRYPTO Get 12% interest on Crypto Select other stock. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. 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. Trading stocks, options and other securities involves risk. Not Ident. To learn more, click here. Tencent Holdings Stock Rating Sell 24 Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. 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. Momentum is growing behind a bill in Congress to ban Chinese social media app TikTok, the app that some term China's Trojan horse for controlling U.S. user's data and hearts and minds. TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. Shares of TCEHY stock can be purchased through any online brokerage account. is $79.93 , for 2028 Mar. High conviction investment ideas in the winners of tomorrow. A kivlasztott belltsok mdostshoz kattintson az Adatvdelmi belltsok kezelse lehetsgre. It may be difficult (though not impossible, as discussed below) for TCEHY to prove that it is somehow uniquely different than other Chinese stocks, meaning that TCEHY might not recover until general sentiment toward Chinese stocks improves. By Posted jordan schnitzer house In strengths and weaknesses of a volleyball player 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. TCEHY generated $16 billion in free cash flow last year and maintains a strong balance sheet with almost neutral leverage and an additional $127 billion in equity investments (totaling over 20%. In five years' time, I think that Tencent Holdings is still likely to retain its status as one of the leading internet and technology companies in China, as it will be challenging for any upstarts or its smaller competitors to build up their operations to a scale that is competitive with TCEHY anytime soon. The 25 analysts offering 12-month price forecasts for Tencent Music Entertainment Group have a median target of 9.77, with a high estimate of 10.94 and a low estimate of 4.67 . As of 2023 March 05, Sunday current price of TCEHY stock is 47.120$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). Our site uses a custom algorithm based on Deep Learning that helps our users to decide if TCEHY could be a good portfolio addition. Hong Kong's benchmark Hang Seng Index also fell by -4.13% on July 26, 2021, and Reuters attributed this to "investor worries over government regulations" which "battered stocks in the education, property and tech sectors." Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Free Stock Analysis Report: See The True Value of Any Stock. The software platform has demonstrated high scalability, which is apparent from the company's trailing-12-month gross margin close to 95%. There are two other points worth noting, when evaluating the outlook of Tencent in the next five years. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders). The 12-month stock price forecast is $53.42, which is an increase of 13.37% from the latest price. Please. Tencent trades on the OTCMKTS under the ticker symbol "TCEHY.". The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. Share: Crowdsource Innovation. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Read the conference call transcript. (844) 978-6257. Tencent has only been the subject of 1 research reports in the past 90 days. 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. 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. If such regulatory and policy headwinds were absent, shareholders will definitely prefer that TCEHY either returns the RMB50 billion in investment gains (currently earmarked for the new Sustainable Social Value Organization) to shareholders as dividends, or reinvest such proceeds in growing its exiting core businesses. I am not receiving compensation for it (other than from Seeking Alpha). According to analysts' consensus price target of $189.00, Tencent has a forecasted upside of 301.1% from its current price of $47.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Which Chinese stocks does he recommend? What is Tencent's stock price forecast for 2023? Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCEHY, but not buy additional shares or sell existing shares. As highlighted earlier, Tencent Holdings' shares dropped by almost -8% from HK$531.00 as of July 23, 2021 to HK$490.00 as of July 26, 2021. Cloudflare Another game-changing stock that can easily turn $10,000 to. Identify stocks that meet your criteria using seven unique stock screeners. Zacks Ranks stocks can, and often do, change throughout the month. Here's a recap. 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. Factset: FactSet Research Systems Inc.2019. Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. Cuando utilizas nuestros sitios y aplicaciones, usamos. 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. China Restricts Access to ChatGPT: Report. Earnings for Tencent are expected to grow by 28.68% in the coming year, from $1.29 to $1.66 per share. Find the latest TENCENT HOLDINGS LIMITED UNSP A TCEHY analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports. Image: REUTERS/Francois Lenoir . With the gaming business helping control its overall losses, Sea has been focusing on expanding the market share of its e-commerce platform Shopee. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Amidst all the chaos, TCEHY reported strong earnings results which included 20% top line growth. 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. I don't view Tencent stock as a good Buy now. contact@marketbeat.com The app is now . Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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.. Tech Sell-Off: 1 Supercharged Growth Stock Down 83% to Buy Like There's No Tomorrow, Prediction: These Will Be 2 of the Best Stocks to Buy in 2023, Why Sea Limited Stock Plunged Underwater on Thursday, Why Sea Limited Climbed 17.5% in November, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Looking for a portfolio of ideas like this one? Is this happening to you frequently? (Ad). is $36.94. To see all exchange delays and terms of use please see Barchart's disclaimer. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Chinese internet leader Tencent is noted for its recent foray into the growing esports market. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Invest better with The Motley Fool. Tencent Stock Price. I have no business relationship with any company whose stock is mentioned in this article. 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. Why has TCEHY still fallen if it is more insulated than others? Delayed quotes by FIS. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 .