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. TCEHY generated $16 billion in free cash flow last year and maintains a strong balance sheet with almost neutral leverage and an additional $127 billion in equity investments (totaling over 20% of the current market cap). Tencent Holdings Limited (TCEHY) Stock Price, News, Quote & History - Yahoo Finance Tencent Holdings Limited (TCEHY) Other OTC - Other OTC Delayed Price. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. We nevertheless expect to see a good deal of change . In this Bloomberg article, it is speculated that because tutoring companies were targeted by the authorities because "excessive tutoring torments youths, burdens parents with expensive fees and exacerbates inequalities in society." 8 predictions for the world in 2030 Nov 12, 2016. Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. Future price of the stock is predicted at 99.000997145002$ (110.104% ) after a year according to our prediction system. Tencent Holdings Limited Stock Price Forecast, "TCEHY" Predictons for2026. 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? 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). (TWLO) Twilio Stock Predictions from the Leading Provider of Short and Long Term Stock Price Forecasts. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. 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 . If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. In his unique role as chief exploration officer, David Wallerstein, searches the globe for innovations that could change the world. 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. Chinese internet leader Tencent is noted for its recent foray into the growing esports market. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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. We use cookies to understand how you use our site and to improve your experience. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. Sign up here to get started today! 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. 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. At the same t #Morningstar #International Stocks #HowtoInvest Experts forecast that international stocks will outperform U.S. stocks in the coming decade. Our research is based on sources that we believe to be reliable. By creating a free account, you agree to our, In Britain, warm hubs emerge to beat soaring energy costs, In Chicago, adapting electric buses to winters challenges, Global race to boost electric vehicle range in cold weather, Ukraine ally Kallas fights for reelection in Estonia vote, Paid express lanes grow more popular in once-reluctant South, Pot vote has Oklahoma hungry to rake in green from Texas, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, COO and Pres of Platform & Content Group & Interactive Entertainment Group, Sr. EVP and Pres of Technology & Engineering Group. TCEHY Stock Price - Tencent Holdings Ltd. engages in the provision of value-added services, online advertising services, and fintech and business services. Factset: FactSet Research Systems Inc.2019. 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. Hungary, 2030, rd, Balatoni t 103/b. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. Investors of record on Friday, May 20th will be given a dividend of $0.18 per share on Tuesday, June 21st. 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. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. I wrote this article myself, and it expresses my own opinions. According to analysts' consensus price target of $189.00, Tencent has a forecasted upside of 301.1% from its current price of $47.12. Earnings for Tencent are expected to grow by 28.68% in the coming year, from $1.29 to $1.66 per share. The app is now . Since then, TCEHY shares have increased by 11.2% and is now trading at $47.12. Real time prices by BATS. Tencent's stock was trading at $42.36 at the start of the year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. I have read and understand the, I understand that I will be billed $1,794 annually if I choose to continue. I am not receiving compensation for it (other than from Seeking Alpha). 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. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Applying a multiple of 8-10 times on estimated sales, the company's valuation will gallop to about $10 trillion,. A kivlasztott belltsok mdostshoz kattintson az Adatvdelmi belltsok kezelse lehetsgre. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. As always, use your best judgment when investing. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Get access to my highest conviction ideas., Julian Lin is a top ranked financial analyst. This represents an update of my prior article for Tencent Holdings published on March 29, 2021. Notably, Tencent Holdings' core Value-added Services or VAS business, comprising of social networking and online gaming operations, have a significant influence on society and youths. (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. tcehy stock forecast 2030. 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. Learn More. 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. What is the dividend yield for Tencent? 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. I have no business relationship with any company whose stock is mentioned in this article. This all started at the beginning of the month, when DiDi Global (DIDI), the largest player in the Chinese ride-hailing market, was requested by the Chinese regulators to undergo a cyber-security review a few days following its IPO on the NYSE. tcehy stock forecast 2030. 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. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. NASDAQ data is at least 15 minutes delayed. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. 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. Based on a highly scalable SDN model, large addressable market, and a partnership with Nvidiato imbibe artificial intelligence capabilitiesin its edge network, Cloudflare is a solid long-term pick for retail investors. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. 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. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. The. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals. 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. See: Characteristics and Risks of Standardized Options. Trading stocks, options and other securities involves risk. 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.. To see all exchange delays and terms of use please see Barchart's disclaimer. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Tencent announced a dividend on Saturday, May 14th. tcehy stock forecast 2030. funfetti pancake mix cookies tcehy stock forecast 2030. tcehy stock forecast 2030. 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 Visit Performance Disclosure for information about the performance numbers displayed above. 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. Most stock quote data provided by BATS. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Free Stock Analysis Report: See The True Value of Any Stock. This suggests a possible upside of 301.1% from the stock's current price. * indicates the important links in the menu. But the good news is, if China invades Taiwan, there is a way to protect yourself. Amidst all the chaos, TCEHY reported strong earnings results which included 20% top line growth. Tencent also runs China's largest social media super app--WeChat. I understand my credit card will be charged $7 today for 7 days of Platinum access. Ceri Parker Previously Commissioning Editor, Agenda, World Economic Forum. Please. All rights reserved. I have no business relationship with any company whose stock is mentioned in this article. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. 7 Stocks to Buy for the Future of Virtual Reality. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. 326 E 8th St #105, Sioux Falls, SD 57103 For the next year, analysts predict that Fair Value . What might change the downward trend? Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, March, 18th. The dividend payout ratio is 6.47%. Discovery Company. is $36.94. Tencent (OTCMKTS:TCEHY) has a market capitalization of $450.39 billion and generates $86.82 billion in revenue each year. Not Ident. The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders). 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 I am not receiving compensation for it (other than from Seeking Alpha). There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock.
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