View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts. Exclusive: Tencent scraps plans for VR hardware as metaverse bet falters - sources, 7 Stocks to Buy for the Future of E-Sports, China approves 87 new video games including titles by Tencent and Alibaba, Tencent and Alibaba Pop on 'Golden Share' News, Shares of Tencent, NetEase rise as China gaming crackdown ends, China approves 88 games in January, including titles by Tencent and NetEase, China to take golden shares' in tech firms Alibaba and Tencent. Making the world smarter, happier, and richer. 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. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. My view is that American investors have lumped TCEHY along with all other Chinese stocks in expressing doubt about whether China is investible. We nevertheless expect to see a good deal of change . Unfortunately, my worst fears have been confirmed to a large extent. 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. Start Now for $1 >>, Jessica Silver-Greenberg and Michael Corkery. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Tencent - TCEHY Stock Forecast, Price & News $47.24 +0.69 (+1.48%) (As of 03/2/2023 12:00 AM ET) Compare Today's Range $45.84 $47.37 50-Day Range $40.26 $52.55 52-Week Range $24.75 $53.44 Volume 4.22 million shs Average Volume 3.34 million shs Market Capitalization $451.53 billion P/E Ratio 16.99 Dividend Yield 0.38% Price Target $189.00 Where will Tencent Holdings Stock Be In 1 Year? - Financhill Microsoft: Competitive Positioning Just Got Better Amid All The Uncertainty, Tencent Hits Lowest Price in Five Years on China Economy Concern - Bloomberg, Tencent steps up buybacks as share price sinks - Financial Times, Tencent was China's most valuable company for 6 years, but the glory days are over - Business Insider, Swarmio Media, Globe Telecom and Tencent Games Collaborate to Launch Two Exclusive Gaming Tournaments with PUBG MOBILE in the Philippines - Yahoo Finance, What the eclipse of Tencent by a liquor company says about Xi's China - Financial Times, Alibaba, Tencent Holdings among leaders in Chinese tech sector rally (NYSE:BABA) - Seeking Alpha, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know - Nasdaq, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know, Skydance Media Announces $400 Million Strategic Investment Round Led by KKR and The Ellison Family Plus Existing Investors RedBird Capital Partners and Tencent - Business Wire, Tencent-Backed Airwallex Retains $5.5 Billion Value With Funding - Bloomberg, Elon Musks X app for everything might be a non-starter in the US - TechCrunch, Alibaba And Tencent: Can Value Investing Work In China? At recent prices, TCEHY is trading at only 6x forward sales. tcehy stock forecast 2030 - apnaswarg.com expressing concerns that the industry is focused on profits and placing more restrictions on the industry, Tencent is the "Facebook of China," one of the "PayPals of China," and the "Video Game King of the World.". The risk of loss in trading securities can be substantial. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. Please disable your ad-blocker and refresh. 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%). Please. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Invest better with The Motley Fool. What is a Good Dividend Yield? Tencent does not have a long track record of dividend growth. A month ago, Strong Buy represented 75%. Tencent Holdings Limited Stock Price Forecast, "TCEHY" Predictons for2026. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. 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. (Ad). While there's always a time and place to play it safe, investors at some point will likely need to consider the best growth stocks to buy to retire early. By not hosting games of chance, the company has managed to reduce its regulatory challenges associated with the likes of daily fantasy sports and online sportsbooks. 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. China Restricts Access to ChatGPT: Report. 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. 326 E 8th St #105, Sioux Falls, SD 57103 Specifically, Tencent Holdings' shares decreased by close to -8% . This represents a dividend yield of 3.2%. On the positive side of things, Tencent is sending a strong signal to the Chinese authorities that it is and wants to be a good corporate citizen. 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. How were Tencent's earnings last quarter? Receive TCEHY Stock News and Ratings via Email, February 22, 2023|americanbankingnews.com. Tencent Stock Forecast (TCEHY): Where Does It Go From Here? Compare Top Brokerages Here. 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. 2. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Those who understand the pendulum's behavior can benefit enormously. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. However, as I mentioned earlier in this article, China's new regulations and policy stance could have a negative impact on Tencent Holdings' future earnings, which are unlikely to be reflected in the company's current consensus financial numbers yet. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. The software platform has demonstrated high scalability, which is apparent from the company's trailing-12-month gross margin close to 95%. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Our daily ratings and market update email newsletter. NASDAQ data is at least 15 minutes delayed. Tencent has only been the subject of 1 research reports in the past 90 days. Disclaimer: Past performance is no guarantee of future performance. 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. About the Tencent Holdings Limited stock forecast. The dividend payout ratio of Tencent is 6.47%. Tencent saw a increase in short interest in February. Tencent has received a consensus rating of Hold. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. I have no business relationship with any company whose stock is mentioned in this article. 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. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. 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. 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. 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. tcehy stock forecast 2030 - dgeniusholdings.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. 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. Yahoo Finance's Ines Ferre joins the Live show to discuss the downturn across Chinese tech stocks. For the next year, analysts predict that Fair Value . 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. I am not receiving compensation for it (other than from Seeking Alpha). Tencent Holdings Limited (TCEHY) Stock Price, News, Quote & History - Yahoo Finance Tencent Holdings Limited (TCEHY) Other OTC - Other OTC Delayed Price. This rating has held steady since February, when it was unchanged from a Buy rating.Move your mouse over pastmonths for detail. 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. social media data). Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. Sign in to your free account to enjoy all that MarketBeat has to offer. Looking for a portfolio of ideas like this one? The technology company earns $34.85 billion in net income (profit) each year or $2.78 on an earnings per share basis. 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. 7 Stocks to Buy for the Future of Virtual Reality. 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. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. Tencent Holdings Ltd ADR (TCEHY) stock price prediction is 100. 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. 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. This represents an increase of 1.61% from the last closing price of $47.24. Specifically, Tencent Holdings' shares decreased by close to -8% in a single day on July 26, 2021. (844) 978-6257. Tencent Holdings Limited (TCEHY) Stock Historical Prices & Data - Yahoo! This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. TENCENT HOLDINGS LIMITED UNSP A (TCEHY) Stock Forecasts - Yahoo! Future price of the stock is predicted at 99.000997145002$ (110.104% ) after a year according to our prediction system. The ex-dividend date is Thursday, May 19th. 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." Find the latest TENCENT HOLDINGS LIMITED UNSP A TCEHY analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports. tcehy stock forecast 2030. While Sea pays royalties to Tencent, this distribution activity has also helped expand the company's gaming user base. To learn more, click here. Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. Amidst all the chaos, TCEHY reported strong earnings results which included 20% top line growth. TCEHY Stock Price - Tencent Holdings Ltd. engages in the provision of value-added services, online advertising services, and fintech and business services. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals.
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