Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. Here's a recap. Considering that Tencent's current valuations have priced in the known and obvious regulatory headwinds and policy issues to a large extent, I retain a Neutral rating for Tencent Holdings. 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%. 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. By Posted jordan schnitzer house In strengths and weaknesses of a volleyball player The current ABR compares to an ABR of 1.50 a month ago based on four recommendations. Tencent (OTCPK:TCEHY), one of the highest quality stocks available in the Chinese market, has seen its stock crushed in spite of not being in the direct crosshairs of the regulatory overhaul that has caused the Chinese bear market. Tencent saw a increase in short interest in February. 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. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 . Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. TCEHY is currently trading in the 20-30% percentile range relative to its historical Stock Score levels. 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. I have read and understand the, Characteristics and Risks of Standardized Options. The average price target is $48.00 with a high forecast of $48.00 and a low forecast of $48.00. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. I am not receiving compensation for it (other than from Seeking Alpha). I have obtained the market consensus' financial forecasts from S&P Capital IQ. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. A Comprehensive Guide to Video Gaming ETFs Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by Tencent Holdings Stock Rating Sell 24 ZacksTrade and Zacks.com are separate companies. NYSE and AMEX data is at least 20 minutes delayed. Tencent Holding Ltd. currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) The content on any of Financhill websites, products or communication is for educational purposes only. This payout ratio is at a healthy, sustainable level, below 75%. The high estimate is $95.00, and the low is $30.00. I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, One Way to Earn More From Dividend Stocks, How to Choose a Winning Dividend Investing Strategy, 3 Industries Leading the Stock Market Rebound, Oil Tankers Boost Dividends, See Continued Robust Business In '23. 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Ha nem szeretn, hogy mi s partnereink cookie-kat s szemlyes adatokat hasznljunk ezekre a tovbbi clokra, kattintson Az sszes elutastsa lehetsgre. Chinese stocks which had risen on excitement over AI tumbled after the report from Nikkei Asia. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. short-sightedness for playing games for a prolonged period of time). 2. Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by History; Forecast; Charts; Data; Market; Q&A; Comments; Buy CRYPTO . Disclosure: 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. CNBC's Ted Kemp reports. NASDAQ data is at least 15 minutes delayed. These returns cover a period from January 1, 1988 through January 2, 2023. Earnings for Tencent are expected to grow by 28.68% in the coming year, from $1.29 to $1.66 per share. Any trades shown are hypothetical example and do not represent actual trades. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if TCEHY could be a good portfolio addition. The three-month average daily trading value for Tencent's OTC shares and Hong Kong-listed shares were $160 million and $1.2 billion, respectively. The scores are based on the trading styles of Value, Growth, and Momentum. Receive TCEHY Stock News and Ratings via Email, February 22, 2023|americanbankingnews.com. Even before accounting for operating leverage, a 40x earnings multiple wouldnt be unreasonable in light of that growth rate. The company clearly has the financial wherewithal to direct 100% of free cash flow towards share repurchases. Free Stock Analysis Report: See The True Value of Any Stock. It operates through the following segments: Value-Added Services, Join the Conversation! The company is not yet profitable, but financials are trending in the right direction. Those who believe that the pendulum will move in one direction forever or reside at an extreme forever eventually will lose huge sums. Tencent's mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. With second-quarter earnings scheduled for Aug. 3, the short-term share price trajectory will depend on factors such as whether the company surpasses analysts' estimates, changes in its fiscal 2021 outlook and paying user base, and future developments in international market expansion and partnerships. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. 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 Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Discovery Company. What might change the downward trend? Get short term trading ideas from the MarketBeat Idea Engine. 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. In spite of modest gross margins, TCEHY has been able to generate solid non-IFRS net margins of around 25% or higher: TCEHY is trading around 20x earnings, which is incredibly cheap for a company that is growing revenues at a 20% clip. 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.". Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. 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. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. Cuando utilizas nuestros sitios y aplicaciones, usamos. 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. higher than where it traded at the beginning of 2018. 1 month ago - Bloomberg Markets and Finance, A Comprehensive Guide to Video Gaming ETFs. Which Chinese stocks does he recommend? Tencent (TCEHY) Price Target Stock Forecast. Investing involves substantial risk. past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. is $79.93 , for 2028 Mar. What is the dividend yield for Tencent? China Restricts Access to ChatGPT: Report. With the eSports market currently valued at $1.4 billion . Is It a Bad Time to Invest in China Tech Giants? AITX Stock Forecast 2023, 2025 and 2030: What is the - InvestingCube Cloudflare is currently guiding for fiscal 2021 revenue of $612 million to $616 million, implying a 42% year-over-year rise at the midpoint. Analyst Consensus: Buy Analyst Ratings Why has TCEHY still fallen if it is more insulated than others? 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. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. tcehy stock forecast 2030 - thefastmembers.com Trading stocks, options and other securities involves risk. At the same t #Morningstar #International Stocks #HowtoInvest Experts forecast that international stocks will outperform U.S. stocks in the coming decade. * 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. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. A Crypto Investment & Asset Managment Company net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. Shopee continues to dominate the Indonesian e-commerce sector, which is expected to grow faster than the Indian e-commerce market. 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 the first quarter, quarterly paying users for the company's mobile wallet were up 145% year over year to over 26.1 million. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. TCEHY Stock Forecast, Price & News (Tencent) - MarketBeat Another point is that Tencent's gaming business could possibly be the next target (after education) of the Chinese regulators. This gaming platform stands out from the competition because players can wager on these games for cash prizes, making them more attractive than free-to-play games. 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. 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. is $48.51 , for 2024 Mar. . Despite a recent report, Tencent(OTCMKTS: TCEHY) has denied that layoffs are in the works. 24 Stocks for 2030 | Morningstar Where will Tencent Holdings Stock Be In 1 Year? - Financhill The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Is Tencent Holdings A Buy Over The Next 30 Days? Zscaler, Inc Plummets, Is It Time To Buy The Dip? Vous tes ici : jacob ramsey siblings; map of california central coast cities; tcehy stock forecast 2030 . Share: Crowdsource Innovation. 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. Shares of online mobile gaming platform Skillz (SKLZ 6.72%) have declined by 30.2%in the last month. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Unfortunately, my worst fears have been confirmed to a large extent. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. Taking into account the potential downside risks to the company's bottom line in the next couple of years, I choose to keep my Neutral rating for Tencent Holdings. According to analysts' consensus price target of $189.00, Tencent has a forecasted upside of 301.1% from its current price of $47.12. 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? buying assets at a discount e.g. This represents an increase of 7.6% from the last closing price of $44.61. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Tencent Holdings' listed subsidiary, Tencent Music Entertainment (TME), which operates the country's leading music streaming platforms, was requested by "China's State Administration for Market Regulation or SAMR" to "give up exclusive music licensing rights", as reported in a recent July 24, 2021 Seeking Alpha news article. The dividend payout ratio of Tencent is 6.47%. See what's happening in the market right now with MarketBeat's real-time news feed. Disclosure: 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. Delayed quotes by FIS. The current consensus among 63 polled investment analysts is to Buy stock in Tencent Holdings Ltd. 1 year Tencent Holdings Ltd ADR Forecast: 99.000997145002 *, 5 year Tencent Holdings Ltd ADR Forecast: 409.555 *. Tencent's stock price has dropped by -21% in the past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Looking for more investing ideas like this one? This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.84% next year. * indicates the important links in the menu. (TWLO) Twilio Stock Predictions from the Leading Provider of Short and Long Term Stock Price Forecasts. The. Over the next 52 weeks, Tencent Holdings has on average historically risen by 28.7% based on the past 14 years of stock performance. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. Ceri Parker Previously Commissioning Editor, Agenda, World Economic Forum. 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. All rights reserved. I wrote this article myself, and it expresses my own opinions. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. Notably, Tencent Holdings has also decided to allocate RMB50 billion to its Sustainable Social Value Organization as a start, which will be financed by the company's "investment gains.". things fall apart chapter 10 quotes. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Tencent Stock Forecast (TCEHY): Where Does It Go From Here? This represents an update of my prior article for Tencent Holdings published on March 29, 2021. Visit www.zacksdata.com to get our data and content for your mobile app or website. The Motley Fool owns shares of and recommends Cloudflare, Inc., Nvidia, Sea Limited, Skillz Inc., and Tencent Holdings. Zacks Rank Education -- Learn more about the Zacks Rank Tencent Holdings Ltd ADR (TCEHY) stock price prediction is 100. Cloudflare now expects its total addressable market to expand from $72 billionin 2020 to $100 billion in 2024. Tencent Holdings Limited (TCEHY) Stock Price, Quote & News - Stock Analysis TCEHY Stock Price - Tencent Holdings Ltd. engages in the provision of value-added services, online advertising services, and fintech and business services. I initiated on DiDi Global with a Bearish rating in my article published on July 7, 2021, and DiDi's stock price has dropped by -48% from $15.53 as of July 2, 2021 (last traded price at the time of writing) to $8.04 as of July 26, 2021. But the current regulatory environment and the policy stance by the Chinese authorities imply that China could be willingly to "redistribute" the profits of the biggest companies in the country for the benefit of society at large in one way or another. 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%. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Online advertising was strong as usual, but the strongest performing segment was in fintech - is it too late to note that TCEHY owns one of the PayPals of China?. Build your trading network; Follow your favorite assets . Past performance is not a guarantee of future results, and a loss of original capital may occur. A szemlyes adatok felhasznlsnak mdjrl az adatvdelmi irnyelvekben s a cookie-szablyzatban olvashat tovbbi informcit. TCEHY | Tencent Holdings Ltd. ADR Analyst Estimates & Rating - WSJ The company is positioning itself as "Cisco-as-a-service,"wherein a software-based network service is used to replace all types of network hardware such as routers, firewalls, VPNs, and load balancers. A month ago, Strong Buy represented 75%. Tencent - TCEHY - Stock Price Today - Zacks ~ Howard Marks. In his unique role as chief exploration officer, David Wallerstein, searches the globe for innovations that could change the world. But the good news is, if China invades Taiwan, there is a way to protect yourself. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. How often does Tencent pay dividends? Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. And it couldnt be more wrong! Find the latest TENCENT HOLDINGS LIMITED UNSP A TCEHY analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports. US Stock Forecast Tencent Holdings Limited Stock Predictons by days: 2022 Search Stock, FX pair, Crypto, or Commodity. 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 company employs 85,858 workers across the globe. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. 7 Stocks to Buy for the Future of Virtual Reality. I explain what I am waiting for before pounding the table. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. This realization might suggest that TCEHY is a buying opportunity courtesy of the falling price. I wrote this article myself, and it expresses my own opinions. View the best growth stocks for 2023 here. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. is $78.24 , for 2032 Mar. 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. Instead, I would like to see the company execute on a material stock repurchase program at current levels. Cannabis stocks have been on a rollercoaster the past few years, acknowledges sector director Kris Inton. Cost basis and return based on previous market day close. Most stock quote data provided by BATS. Singapore-based Sea Limited (SE 3.32%) has been rapidly expanding its three business segments -- e-commerce (Shopee), digital entertainment (Garena), and digital financial services (SeaMoney and ShopeePay) -- in Southeast Asia, Taiwan, and Latin America. China 'Tries New Tactic' to Control Alibaba, Tencent. If you have $10,000 in capital that is not needed for paying bills or setting up an emergency fund, then the following digitization-driven stocks could help you increase this investment to $50,000 by 2030. Where Will Tesla Stock Be In 2030? Analyst Weighs In What is a Good Dividend Yield? 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 ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. Tencent's stock price has dropped by -21% in the past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check.
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