As always, use your best judgment when investing. Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by Practical application of the products herein are at your own risk and Financhill.com, its partners, representatives and employees assume no responsibility or liability for any use or mis-use of the product. About the Tencent Holdings Limited stock forecast. Members of Best Of Breed get exclusive access to our model portfolio. Tencent has only been the subject of 1 research reports in the past 90 days. * indicates the important links in the menu. View Tencent's Short Interest. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The high estimate is $95.00, and the low is $30.00. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. I have obtained the market consensus' financial forecasts from S&P Capital IQ. Stock Price Forecast According to 60 stock analysts, the average 12-month stock price forecast for TCEHY stock is $ 53.42 , which predicts an increase of 13.08%. None of the information presented should be construed as an offer to sell or buy any particular security. TCEHY shareholders are unlikely to be swayed by the 0.35% dividend yield or token stock repurchases that the company does every year. The company generated robust 20% top line growth while maintaining strong profit margins. Should I buy or sell Tencent stock right now? social media data). Will Tencent Holdings Stock Go Up Next Year? tcehy stock forecast 2030 - apnaswarg.com Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Hungary, 2030, rd, Balatoni t 103/b. One share of TCEHY stock can currently be purchased for approximately $47.12. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. This represents a dividend yield of 3.2%. Analyst Consensus: Buy Analyst Ratings The company charges 15% of the gross proceeds paid by players for its services. TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. Export data to Excel for your own analysis. Date Range investment. To see all exchange delays and terms of use please see Barchart's disclaimer. Wall Street has a famous saying: Show me the money! If TCEHY (or any Chinese company for that matter) wants to prove that they are worthy of investment in spite of the regulatory risk, then an easy and efficient method would be to distribute capital to shareholders. See: Characteristics and Risks of Standardized Options. Please log in to your account or sign up in order to add this asset to your watchlist. 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. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. Over the next 52 weeks, Tencent Holdings has on average historically risen by 28.7% based on the past 14 years of stock performance. 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. 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. Tencent announced a dividend on Saturday, May 14th. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. 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.. The risk of loss in trading securities can be substantial. TCEHY : TENCENT HOLDINGS LTD-UNS ADR stock forecast 2022 - 2025 - 2030 Shopee is also making rapid inroads in Brazil. 2. According to its sources, Reuters claimed in a late-April 2021 article that "Tencent should expect a penalty of at least 10 billion yuan." Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 . Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. Tencent Holdings Limited Stock Price Forecast, "TCEHY" Predictons for2026. This represents an update of my prior article for Tencent Holdings published on March 29, 2021. 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 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. 3 Stocks That Could Turn $10,000 Into $50,000 by 2030 Please disable your ad-blocker and refresh. Where will Tencent Holdings Stock Be In 1 Year? - Financhill 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. TENCENT HOLDINGS LIMITED UNSP A (TCEHY) Stock Forecasts 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 In the first quarter, quarterly paying users for the company's mobile wallet were up 145% year over year to over 26.1 million. Of course, the quantum of the financial penalty is not as important as the signal on antitrust sent by the Chinese regulators and authorities if this does come true. 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. Trading stocks, options and other securities involves risk. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. ZacksTrade and Zacks.com are separate companies. 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 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. I wrote this article myself, and it expresses my own opinions. Shares of TCEHY stock can be purchased through any online brokerage account. !! Dominant companies operating in sectors critical to the livelihood of ordinary Chinese people like Tencent could be compelled to accept slower earnings growth and reduced profitability in the best interests of the country, as indicated by TCEHY's comments at its most recent results briefing referenced to above. Tencent trades on the OTCMKTS under the ticker symbol "TCEHY.". Cost basis and return based on previous market day close. Amidst all the chaos, TCEHY reported strong earnings results which included 20% top line growth. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Identify stocks that meet your criteria using seven unique stock screeners. [Read more]. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. As the most recent World Cup demonstrated, so Daily market news in bullet point format. Our research is based on sources that we believe to be reliable. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. certain games promote negative values) and physical health (e.g. Is this happening to you frequently? 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. 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.. Tencent (OTCMKTS:TCEHY) has a market capitalization of $450.39 billion and generates $86.82 billion in revenue each year. 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. Get short term trading ideas from the MarketBeat Idea Engine. Tencent Holdings Limited (TCEHY) Stock Historical Prices & Data - Yahoo! I have no business relationship with any company whose stock is mentioned in this article. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Earnings were 224.82 billion, an increase of 40.65%. 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). Stock Price Forecast The 53 analysts offering 12-month price forecasts for Tencent Holdings Ltd have a median target of 52.38, with a high estimate of 74.70 and a low estimate of 31.85. dolphfyn/iStock Editorial via Getty Images. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. tcehy stock forecast 2030 - dgeniusholdings.com At the end of the first quarter (ending March 31, 2021), the company's total customer count (free and paying customers) rose 46% year over year to 4.1 million, while its large customer count (annual spend of more than $100,000) was up 70% year over year to 945. Uncover cheap stocks, great businesses listed in Asia focusing on HongKong. At the same t #Morningstar #International Stocks #HowtoInvest Experts forecast that international stocks will outperform U.S. stocks in the coming decade. I wrote this article myself, and it expresses my own opinions. Cuando utilizas nuestros sitios y aplicaciones, usamos. is $78.24 , for 2032 Mar. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. View TCEHY analyst ratings or view top-rated stocks. Is this happening to you frequently? tcehy stock forecast 2030. is $79.93 , for 2028 Mar. Tencent Holdings Limited (TCEHY) Stock Forecast & Price Targets - Stock Real-time analyst ratings, insider transactions, earnings data, and more. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. On the negative side of things, it is a worry that Tencent is prioritizing national interest over profit maximization. Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by 1. 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. The technology company earns $34.85 billion in net income (profit) each year or $2.78 on an earnings per share basis. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. I don't view Tencent stock as a good Buy now. * Tencent Holdings stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences. 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. I understand my credit card will be charged $7 today for 7 days of Platinum access. Where Will Tencent (TCEHY) Stock Be In 5 Years? The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. While not yet a profitable venture, gross orders on Shopee jumped 134.6% year over year to one billion and gross merchandise value of orders processed on the platform rose year over year by 112.5% to $11.9 billion in the first quarter. 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. 2022 Cable News Network. Disclaimer: Past performance is no guarantee of future performance. Investors are always searching for opportunities to yield handsome returns. Tencent (TCEHY) Price Target Stock Forecast. 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. All Rights Reserved. There are two other points worth noting, when evaluating the outlook of Tencent in the next five years. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. Tencent has received a consensus rating of Hold. Discovery Company. A Warner Bros. 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. In the past three months, Tencent insiders have not sold or bought any company stock. I have read and understand the, Characteristics and Risks of Standardized Options. This payout ratio is at a healthy, sustainable level, below 75%. What is the current Price Target and Forecast for Tencent (TCEHY) Get the latest Tencent Holdings ADR (TCEHY) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. All rights reserved. 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." 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. made by four brokerage firms. Further, we expressly disclaim any responsibility to update such research. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. Earnings were 224.82 billion, an increase of 40.65%. TCEHY - Tencent Holdings Ltd Forecast - CNNMoney.com Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years.
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