Should I buy or sell Tencent stock right now?

2 Wall Street 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 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 analysts have issued twelve-month price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $46.00. On average, they expect the company's stock price to reach $46.00 in the next year. This suggests that the stock has a possible downside of 6.5%. 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 beginning of 2024. Since then, TCEHY shares have increased by 30.2% and is now trading at $49.21. View the best growth stocks for 2024 here .

Are investors shorting Tencent?

Tencent saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,468,900 shares, an increase of 47.1% from the April 15th total of 3,037,900 shares. Based on an average daily volume of 6,037,300 shares, the short-interest ratio is presently 0.7 days. View Tencent's Short Interest .

How were Tencent's earnings last quarter?

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

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

Tencent declared an annual dividend on Thursday, April 25th. Investors of record on Monday, May 20th will be given a dividend of $0.3839 per share on Monday, June 17th. This represents a dividend yield of 0.88%. The ex-dividend date is Friday, May 17th. This is a boost from the stock's previous annual dividend of $0.10. 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 0.57%. 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 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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Free TCEHY Stock Alerts

$49.21

+1.65 (+3.47%)

(As of 05/13/2024 ET)

Compare

Today's Range: $48.43
▼
$49.33
50-Day Range: $34.06
▼
$49.21
52-Week Range: $33.00
▼
$49.33

Volume: 5.81 million shs
Average Volume: 2.78 million shs
Market Capitalization: $464.81 billion

P/E Ratio: 29.47
Dividend Yield: 0.55%
Price Target: $46.00

Get Tencent alerts:

Tencent MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 6.5% Downside
$46.00 Price Target
Short Interest: Healthy
0.05% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.56
Based on 12 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.

1.81 out of 5 stars

1.3

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 received no research coverage in the past 90 days.
Read more about Tencent's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
0.05% 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 0.7, 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 47.10%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Tencent has a dividend yield of 0.57%, 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.
Read more about Tencent's dividend.

N/A

Sustainability and ESG

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

2.5

News and Social Media Coverage

News Sentiment
Tencent has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Tencent this week, compared to 4 articles on an average week.
Search Interest
Only 9 people have searched for TCEHY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
5 people have added Tencent to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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.
Read more about Tencent's insider trading history.

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 29.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tencent is 29.47, 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 230.89.
Price to Book Value per Share Ratio
Tencent has a P/B Ratio of 4.05. 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, and digital assets management; 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

May 14 at 9:39 AM | msn.com

China Urges Tech Giants To Shift Away From Nvidia And Other Foreign Chip Makers, Boost Domestic AI Chip Purchases: Report

May 14 at 9:39 AM | msn.com

Tencent's Q1 revenue grows as ad sales, business services offset slower gaming

May 14 at 9:39 AM | msn.com

Tencent Non-GAAP EPS of RMB5.26, revenue of RMB159.5B

May 14 at 4:54 AM | cnbc.com

Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming

May 14 at 4:38 AM | reuters.com

China's Tencent posts strong revenue growth as ad sales and business services shine

May 13 at 6:38 PM | markets.businessinsider.com

Hong Kong Stocks: Tencent Music Exceeds Q1 Revenue Estimates, Shares Gain

May 12 at 1:11 PM | investorplace.com

Better Than Truth Social? 3 Social Media Stocks to Buy Instead.

May 9, 2024 | finance.yahoo.com

Toyota's Blockbuster Report Amid The EV Slowdown Reflect Its Determination To Catch Up On Software

May 8, 2024 | seekingalpha.com

Tencent: Still A Bargain!

May 7, 2024 | investorplace.com

The 3 Most Undervalued Chinese Stocks to Buy in May 2024

May 4, 2024 | investorplace.com

Stock Market Crash Alert: 3 Must-Buy Social Media Stocks When Prices Plunge

May 3, 2024 | msn.com

3 Under-The-Radar Stocks That Could Be Worth Over $1 Trillion by 2030

May 3, 2024 | investorplace.com

3 Under-The-Radar Stocks That Could Be Worth Over $1 Trillion by 2030

May 2, 2024 | markets.businessinsider.com

Buy Rating for Take-Two: Anticipating Long-Term Gains Despite Short-Term Earnings Revision

May 2, 2024 | markets.businessinsider.com

Unity Software: Leadership Transition and Strategic Outlook Amidst Neutral Rating

May 2, 2024 | msn.com

TikTok Ban: Is The US Government Taking A Page From China's Censorship Book?

April 26, 2024 | finance.yahoo.com

Foreign automakers eager for Chinese partners at Beijing auto show

April 26, 2024 | seekingalpha.com

Meta's Focus May Shift More To AI As It Competes With China's Tencent

April 25, 2024 | reuters.com

Toyota says to partner with Tencent in China

April 22, 2024 | fool.com

Why Chinese Stocks Tencent, PDD Holdings, and JD.com Surged Today

April 22, 2024 | investing.com

Tencent shares jump on 'Dungeon and Fighter' launch update

April 22, 2024 | msn.com

Tencent (OTC:TCEHY) Is Launching the Dungeon & Fighter Mobile Game Next Month

April 22, 2024 | fool.com

3 Dividend-Paying Tech Stocks to Buy Right Now

April 22, 2024 | proactiveinvestors.com

Tencent shares pop as it targets early release for hit game

April 22, 2024 | wsj.com

Stocks to Watch Monday: Tesla, Salesforce, Verizon

See More Headlines

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Company Calendar

Last Earnings: 3/20/2024
Today: 5/14/2024
Ex-Dividend for 6/17 Dividend: 5/17/2024
Dividend Payable: 6/17/2024
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: $46.00
High Stock Price Target: $46.00
Low Stock Price Target: $46.00
Potential Upside/Downside: -6.5%
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: 29.47
Forward P/E Ratio: 18.36
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: 5.39
Cash Flow: $2.60 per share
Price / Cash Flow: 18.94
Book Value: $12.16 per share
Price / Book: 4.05

Miscellaneous

Outstanding Shares: 9,445,350,000
Free Float: N/A
Market Cap: $464.81 billion
Optionable: Not Optionable
Beta: 0.27

Social Links

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Key Executives

Mr. Huateng Ma (Age 52)
Co-Founder, Chairman & CEO
Comp: $5.93M
Mr. Chi Ping Lau (Age 51)
President
Comp: $2.29M
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

TCEHY Stock Analysis - Frequently Asked Questions

Should I buy or sell Tencent stock right now?: 2 Wall Street 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 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 analysts have issued twelve-month price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $46.00. On average, they expect the company's stock price to reach $46.00 in the next year. This suggests that the stock has a possible downside of 6.5%.
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 beginning of 2024. Since then, TCEHY shares have increased by 30.2% and is now trading at $49.21.
View the best growth stocks for 2024 here.
Are investors shorting Tencent?: Tencent saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,468,900 shares, an increase of 47.1% from the April 15th total of 3,037,900 shares. Based on an average daily volume of 6,037,300 shares, the short-interest ratio is presently 0.7 days.
View Tencent's Short Interest.
How were Tencent's earnings last quarter?: Tencent Holdings Limited (OTCMKTS:TCEHY) released its quarterly earnings data on Wednesday, March, 20th. The technology company reported $0.52 earnings per share (EPS) for the quarter. The technology company had revenue of $21.54 billion for the quarter. Tencent had a net margin of 18.88% and a trailing twelve-month return on equity of 14.60%.
How often does Tencent pay dividends? What is the dividend yield for Tencent?: Tencent declared an annual dividend on Thursday, April 25th. Investors of record on Monday, May 20th will be given a dividend of $0.3839 per share on Monday, June 17th. This represents a dividend yield of 0.88%. The ex-dividend date is Friday, May 17th. This is a boost from the stock's previous annual dividend of $0.10.
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 0.57%. 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 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 5/14/2024 by MarketBeat.com Staff

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Tencent (TCEHY) Stock Price, News & Analysis

Tencent MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Dividend Coverage

Dividend Sustainability

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Tencent Stock (OTCMKTS:TCEHY)

TCEHY Stock Price History

TCEHY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

TCEHY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™