Should I buy or sell Tencent stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TCEHY shares. View TCEHY analyst ratings or view top-rated stocks .

What is Tencent's stock price target for 2024?

2 equities research analysts have issued 12 month price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $375.00. On average, they anticipate the company's stock price to reach $210.50 in the next year. This suggests a possible upside of 450.9% from the stock's current price. View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts .

How have TCEHY shares performed in 2024?

Tencent's stock was trading at $37.79 at the start of the year. Since then, TCEHY stock has increased by 1.1% and is now trading at $38.21. View the best growth stocks for 2024 here .

Are investors shorting Tencent?

Tencent saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,834,800 shares, an increase of 24.8% from the March 15th total of 3,072,700 shares. Based on an average daily trading volume, of 4,629,100 shares, the short-interest ratio is presently 0.8 days. View Tencent's Short Interest .

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) posted its quarterly earnings data on Wednesday, March, 20th. The technology company reported $0.52 earnings per share for the quarter. The technology company had revenue of $21.54 billion for the quarter. Tencent had a trailing twelve-month return on equity of 14.60% and a net margin of 18.88%.

How often does Tencent pay dividends? What is the dividend yield for Tencent?

Tencent announced a dividend on Saturday, May 13th. Shareholders of record on Friday, May 19th will be given a dividend of $0.2691 per share on Tuesday, June 20th. This represents a yield of 4.41%. The ex-dividend date of this dividend is Thursday, May 18th. This is a positive change from the stock's previous dividend of $0.18. Read our dividend analysis for TCEHY .

Is Tencent a good dividend stock?

Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.27 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 16.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 8.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TCEHY .

What ETFs hold Tencent's stock?

ETFs with the largest weight of Tencent (OTCMKTS:TCEHY) stock in their portfolio include Amplify International Enhanced Dividend Income ETF (IDVO) , Goldman Sachs MarketBeta Total International Equity ETF (GXUS) and ActivePassive International Equity ETF (APIE) . AAM Transformers ETF (TRFM) .

How do I buy shares of Tencent?

Shares of TCEHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Tencent have any subsidiaries?

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. Read More

OTCMKTS:TCEHY

Tencent (TCEHY) Stock Price, News & Analysis

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$38.21

-0.17 (-0.44%)

(As of 04/17/2024 ET)

Compare

Today's Range: $38.14
▼
$38.58
50-Day Range: $34.06
▼
$39.88
52-Week Range: $33.00
▼
$47.07

Volume: 1.85 million shs
Average Volume: 2.17 million shs
Market Capitalization: $361.55 billion

P/E Ratio: 22.88
Dividend Yield: 0.71%
Price Target: $210.50

Get Tencent alerts:

Tencent MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 450.9% Upside
$210.50 Price Target
Short Interest: Healthy
0.04% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.97
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 20.15%
From $2.68 to $3.22 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.43 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Tencent has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Tencent has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.04% of the outstanding shares of Tencent have been sold short.
Short Interest Ratio / Days to Cover
Tencent has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tencent has recently increased by 24.80%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Tencent has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tencent does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tencent is 16.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tencent will have a dividend payout ratio of 8.39% next year. This indicates that Tencent will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TCEHY.

2.2

News and Social Media Coverage

News Sentiment
Tencent has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Tencent this week, compared to 3 articles on an average week.
Search Interest
Only 8 people have searched for TCEHY on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Tencent to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tencent insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.02% of the stock of Tencent is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Tencent are expected to grow by 20.15% in the coming year, from $2.68 to $3.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tencent is 22.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tencent is 22.88, 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 220.92.
Price to Book Value per Share Ratio
Tencent has a P/B Ratio of 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Tencent Stock (OTCMKTS:TCEHY)

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offers digital tools including user insight, creative management, placement strategy, digital assets management, etc.; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio & television application. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

TCEHY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TCEHY Stock News Headlines

March 28, 2024 | marketbeat.com

Here's How to Dip into Chinese Stocks if You Live in the U.S. (TCEHY)

Wondering how to invest in Chinese stocks? China has the globe’s largest population and second-largest economy when measured by GDP.

March 26, 2024 | marketbeat.com

Tencent Is Looking to Fill Nvidia's Gap in China's Chip Market

The United States and China have been in an ongoing conflict over technology. Every week seems to bring a new ban on what China can and cannot use in terms of chip and semiconductor technology.

April 18, 2024 | GoldenCrest Metals (Ad)

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Tencent Is Looking to Fill Nvidia’s Gap in China’s Chip Market (TCEHY)

Tencent is looking to fill a potential $7 billion gap left by Nvidia's banishment from China's A.I. market, Wall Street sees triple-digit upside now

March 21, 2024 | marketbeat.com

Reddit IPO: Analyzing Upvotes, Downvotes, and Financial Potential (TCEHY)

Reddit's IPO is a gamble on the power of online communities, with the potential for meme-fueled gains and the risk of unpredictable market behavior.

April 18, 2024 | theglobeandmail.com

Tencent Publishes 2023 Weixin Brand Protection Platform (BPP) Report

April 14, 2024 | americanbankingnews.com

Tencent Holdings Limited (OTCMKTS:TCEHY) Sees Large Growth in Short Interest

April 12, 2024 | pymnts.com

Tencent Simplifies Process of Linking International Cards With Weixin Pay

April 18, 2024 | Weiss Ratings (Ad)

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

April 10, 2024 | msn.com

TikTok Parent ByteDance's Profits Rise 60% Year-Over-Year As Company Grapples With Potential US Ban

April 10, 2024 | msn.com

TikTok's parent ByteDance sees profit surge nearly 60% in 2023 -report

April 9, 2024 | americanbankingnews.com

Tencent (OTCMKTS:TCEHY) Shares Pass Above Two Hundred Day Moving Average of $37.95

April 4, 2024 | benzinga.com

EXCLUSIVE: 'China's Stock Market Has Bottomed, Indicating A Potentially Rare Opportunity,' Says Investment Strategist

April 2, 2024 | msn.com

Tencent Holdings notches seventh straight session of gains

April 2, 2024 | seekingalpha.com

Tencent: Revenue Rebounds With Improving FCF Margins

March 31, 2024 | seekingalpha.com

Tencent Is Improving Advertising With AI

March 27, 2024 | msn.com

How Tencent's New Mobile Ventures Aim To Mimic Palworld's Global Success

March 25, 2024 | investorplace.com

7 Stocks That Could Be the Next Amazon or Google: March 2024 Edition

March 24, 2024 | seekingalpha.com

Buy Tencent: The Buybacks Are Here

March 23, 2024 | investorplace.com

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March 22, 2024 | markets.businessinsider.com

Barclays Reaffirms Their Buy Rating on Tencent Holdings (TCEHY)

March 22, 2024 | markets.businessinsider.com

Tencent Stock (OTC:TCEHY): Rising Dividends, Buybacks Will Reel in the Bulls

March 21, 2024 | benzinga.com

Epic Games Announces Expansion To iOS And Android Platforms

March 21, 2024 | reuters.com

Focus: Tencent's next level up: fewer big foreign franchise games, more in-house

March 20, 2024 | money.yahoo.com

Tencent announces stock buyback after Q4 revenue miss

March 20, 2024 | msn.com

TCEHY Earnings: Tencent Plans to Double Buybacks Post Sales Disappointment

March 20, 2024 | proactiveinvestors.com

Tencent to double buybacks after another muted year

See More Headlines

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Company Calendar

Last Earnings: 3/20/2024
Today: 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Computer and Technology
Industry: Miscellaneous business services
Sub-Industry: N/A
Current Symbol: OTCMKTS:TCEHY
CUSIP: N/A
CIK: 1293451
Web: www.tencent.com
Phone: 86-755-8601-3388
Fax: 86-755-8601-3399
Employees: 108,436
Year Founded: 1998

Price Target and Rating

Average Stock Price Target: $210.50
High Stock Price Target: $375.00
Low Stock Price Target: $46.00
Potential Upside/Downside: +450.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.67
Trailing P/E Ratio: 22.88
Forward P/E Ratio: 14.26
P/E Growth: N/A
Net Income: $16.30 billion
Net Margins: 18.88%
Pretax Margin: N/A
Return on Equity: 14.60%
Return on Assets: 7.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $86.17 billion
Price / Sales: 4.20
Cash Flow: $2.50 per share
Price / Cash Flow: 15.29
Book Value: $12.16 per share
Price / Book: 3.14

Miscellaneous

Outstanding Shares: 9,462,070,000
Free Float: N/A
Market Cap: $361.55 billion
Optionable: Not Optionable
Beta: 0.32

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Key Executives

Mr. Huateng Ma (Age 52)
Co-Founder, Chairman & CEO
Comp: $5.36M
Mr. Chi Ping Lau (Age 51)
President
Comp: $4.04M
Mr. Liqing Zeng (Age 54)
Co-Founder & Advisor Emeritus
Mr. Chenye Xu (Age 53)
Co-Founder & Chief Information Officer
Mr. Zhidong Zhang (Age 52)
Co-Founder & Advisor Emeritus
Comp: $2.23M
Mr. Yidan Chen (Age 53)
Co-Founder & Advisor Emeritus
Mr. Weibiao Zhan (Age 51)
Managing Director
Mr. Shek Hon Lo (Age 55)
CFO & Senior VP
Mr. Yuxin Ren (Age 48)
COO and President of Platform & Content Group & Interactive Entertainment Group
Mr. Shan Lu (Age 49)
Senior EVP and President of Technology & Engineering Group

Key Competitors

View All Competitors

Should I Buy Tencent Stock? TCEHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tencent Holdings:

Tencent Holdings (TCEHY) has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company's diverse portfolio of products and services, including gaming, social media, and fintech, provides a well-rounded investment opportunity.
Recent strategic partnerships and acquisitions have expanded Tencent's global presence and market reach, potentially leading to increased profitability.
Tencent's innovative technology advancements, such as AI and cloud computing, position the company well for future growth and competitiveness in the tech industry.
With a current stock price that reflects the company's growth potential, investors may find Tencent Holdings a compelling investment option.

Cons

Investors should be bearish about investing in Tencent Holdings for these reasons:

Regulatory challenges in China's tech sector could pose risks to Tencent's operations and future growth prospects.
Intense competition in key markets, especially in the gaming and social media sectors, may impact Tencent's market share and profitability.
Concerns about data privacy and security issues could lead to increased scrutiny and potential legal implications for Tencent.
Fluctuations in global economic conditions and currency exchange rates may affect Tencent's financial performance and stock valuation.
Investors should closely monitor Tencent's quarterly earnings reports and regulatory developments to make informed investment decisions.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Tencent pros and cons to contact@marketbeat.com.

TCEHY Stock Analysis - Frequently Asked Questions

Should I buy or sell Tencent stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TCEHY shares.
View TCEHY analyst ratings or view top-rated stocks.
What is Tencent's stock price target for 2024?: 2 equities research analysts have issued 12 month price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $375.00. On average, they anticipate the company's stock price to reach $210.50 in the next year. This suggests a possible upside of 450.9% from the stock's current price.
View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts.
How have TCEHY shares performed in 2024?: Tencent's stock was trading at $37.79 at the start of the year. Since then, TCEHY stock has increased by 1.1% and is now trading at $38.21.
View the best growth stocks for 2024 here.
Are investors shorting Tencent?: Tencent saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,834,800 shares, an increase of 24.8% from the March 15th total of 3,072,700 shares. Based on an average daily trading volume, of 4,629,100 shares, the short-interest ratio is presently 0.8 days.
View Tencent's Short Interest.
How were Tencent's earnings last quarter?: Tencent Holdings Limited (OTCMKTS:TCEHY) posted its quarterly earnings data on Wednesday, March, 20th. The technology company reported $0.52 earnings per share for the quarter. The technology company had revenue of $21.54 billion for the quarter. Tencent had a trailing twelve-month return on equity of 14.60% and a net margin of 18.88%.
How often does Tencent pay dividends? What is the dividend yield for Tencent?: Tencent announced a dividend on Saturday, May 13th. Shareholders of record on Friday, May 19th will be given a dividend of $0.2691 per share on Tuesday, June 20th. This represents a yield of 4.41%. The ex-dividend date of this dividend is Thursday, May 18th. This is a positive change from the stock's previous dividend of $0.18.
Read our dividend analysis for TCEHY.

Is Tencent a good dividend stock?: Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.27 per share and currently has a dividend yield of 0.70%. The dividend payout ratio is 16.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 8.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TCEHY.
What ETFs hold Tencent's stock?: ETFs with the largest weight of Tencent (OTCMKTS:TCEHY) stock in their portfolio include Amplify International Enhanced Dividend Income ETF (IDVO), Goldman Sachs MarketBeta Total International Equity ETF (GXUS) and ActivePassive International Equity ETF (APIE).AAM Transformers ETF (TRFM).
How do I buy shares of Tencent?: Shares of TCEHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Tencent have any subsidiaries?: 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.
Read More

This page (OTCMKTS:TCEHY) was last updated on 4/18/2024 by MarketBeat.com Staff

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