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Most stock quote data provided by BATS. Only 0.03% of the stock of Tencent is held by institutions. This realization might suggest that TCEHY is a buying opportunity courtesy of the falling price. See rankings and related performance below. TENCENT HOLDINGS LIMITED UNSP A (TCEHY) Stock Forecasts - Yahoo! The company employs 85,858 workers across the globe. Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. This includes personalizing content and advertising. Twilio Fair Value Forecast for 2023 - 2025 - 2030. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. A kivlasztott belltsok mdostshoz kattintson az Adatvdelmi belltsok kezelse lehetsgre. The official website for the company is www.tencent.com. Finally, although digital financial services are currently a small part of Sea's revenue mix, it is growing at a fast pace. Instead, I would like to see the company execute on a material stock repurchase program at current levels. 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. China 'Tries New Tactic' to Control Alibaba, Tencent. is $48.51 , for 2024 Mar. On average, analysts rate TCEHY stock as a buy. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. 7 Stocks to Buy for the Future of Virtual Reality. Please disable your ad-blocker and refresh. In tandem with the new "three-child" policy, it is not unthinkable that the Chinese gaming sector has to face new regulatory headwinds again. (Ad). China Restricts Access to ChatGPT: Report. 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. ", At the company's most recent 1Q 2021 earnings call on May 20, 2021, Tencent emphasized that it will "pursue long-term social value, rather than economic profits" via the "development of self-sustainable operations, which could create new value from related industries and for society" and "charitable donations." 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. 1 year Tencent Holdings Ltd ADR Forecast: 99.000997145002 *, 5 year Tencent Holdings Ltd ADR Forecast: 409.555 *. 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 . 8 predictions for the world in 2030 Nov 12, 2016. 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. Skillz operates a software platform that hosts several games of skill (and not of chance) from multiple game developers. How were Tencent's earnings last quarter? Tencent Holdings Limited Stock Forecast, "TCEHY" Stock Predictons by P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Find the latest TENCENT HOLDINGS LIMITED UNSP A (TCEHY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating. A Comprehensive Guide to Video Gaming ETFs 2. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. Tencent Holdings Stock Rating Sell 24 The 12-month stock price forecast is $53.42, which is an increase of 13.37% from the latest price. I am not receiving compensation for it (other than from Seeking Alpha). See: Characteristics and Risks of Standardized Options. The Motley Fool has a disclosure policy. made by four brokerage firms. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. The Stocks Are Climbing. Investing involves substantial risk. Discover historical prices for TCEHY stock on Yahoo Finance. Disclaimer: Past performance is no guarantee of future performance. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 3 Stocks That Could Turn $10,000 Into $50,000 by 2030 I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. AITX Stock Forecast 2023, 2025 and 2030: What is the - InvestingCube These Stocks Plunge. Zacks Ranks stocks can, and often do, change throughout the month. I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. Tencent Stock Price. TCEHY | Tencent Holdings Ltd. ADR Analyst Estimates & Rating - WSJ The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Earnings for Tencent are expected to grow by 28.68% in the coming year, from $1.29 to $1.66 per share. Shopify Stock Forecast 2023 - 2025 - 2030 | StockForecast.com Yahoo Finance's Ines Ferre joins the Live show to discuss the downturn across Chinese tech stocks. Identify stocks that meet your criteria using seven unique stock screeners. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. If you have an ad-blocker enabled you may be blocked from proceeding. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. Tencent announced a dividend on Saturday, May 14th. Tencent had a trailing twelve-month return on equity of 8.93% and a net margin of 32.16%. Where will Tencent Holdings Stock Be In 1 Year? - Financhill I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Stock Price Forecast The 53 analysts offering 12-month price forecasts for Tencent Holdings Ltd have a median target of 52.38, with a high estimate of 74.70 and a low estimate of 31.85. Looking for a portfolio of ideas like this one? 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. The company clearly has the financial wherewithal to direct 100% of free cash flow towards share repurchases. Nikada/iStock Unreleased via Getty Images. The company charges 15% of the gross proceeds paid by players for its services. 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. The strength of Sea's gaming portfolio is apparent, considering that its internally developed game Free Fire was the most downloaded game in the world in 2020. 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. Unfortunately, my worst fears have been confirmed to a large extent. !! Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. Get daily stock ideas from top-performing Wall Street analysts. What is a Good Dividend Yield? The stock appears to have around 100% upside even to conservative multiples, and I explain what investors should wait for before buying into the stock. Tencent has only been the subject of 1 research reports in the past 90 days. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 . Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? 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. I have obtained the market consensus' financial forecasts from S&P Capital IQ. For readers keen to invest in Tencent's relatively more liquid Hong Kong-listed shares, they can use US stockbrokers with access to international equity markets like Fidelity or Interactive Brokers. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. In the medium to long term, Tencent's competitive moat could become narrower, as the company opens up its ecosystem to more external parties and competitors as well to satisfy regulators that its market dominance does not come at the expense of fair competition and consumers' interests. Based on its last traded price of HK$490.00 as of July 26, 2021, Tencent Holdings is valued by the market at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 28.1 times and 22.5 times, respectively. Start Now for $1 >>, Jessica Silver-Greenberg and Michael Corkery. Read our dividend analysis for TCEHY. 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. The company generated robust 20% top line growth while maintaining strong profit margins. 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. Invest better with The Motley Fool. It offers online games and social network services; FinTech and cloud services, and online advertising services. 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. TCEHY : Long term TENCENT HOLDINGS LTD-UNS ADR stock forecast for 2022, 2023 (1 year) - 2025 - 2027 (5 year) - 2030, and 2032 (10 year) Forecast for 2023 Apr. My Seeking Alpha peers in general have expressed bullishness on the name. The pandemic-accelerated digitization of the global economy has brought to the forefront several new avenues for wealth creation. Our research is based on sources that we believe to be reliable. I wrote this article myself, and it expresses my own opinions. US Stock Forecast Tencent Holdings Limited Stock Predictons by days: 2022 Search Stock, FX pair, Crypto, or Commodity. Hong Kong's benchmark Hang Seng Index also fell by -4.13% on July 26, 2021, and Reuters attributed this to "investor worries over government regulations" which "battered stocks in the education, property and tech sectors." Tencent does not have a long track record of dividend growth. How often does Tencent pay dividends? Chinese internet leader Tencent is noted for its recent foray into the growing esports market. Tencent Holdings Limited (TCEHY) Stock Historical Prices & Data - Yahoo! Tencent Stock Forecast (TCEHY): Where Does It Go From Here? Actual results may differ. Sign in to your free account to enjoy all that MarketBeat has to offer. Theme #1: Cannabis. * 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. We nevertheless expect to see a good deal of change . Skillz is now focused on adding more multiplayer turn-based games and is investing in synchronous technology (allowing multiple players to play simultaneously) to add more profitable games, such as first-person shooters and real-time strategy games. Shopee is also making rapid inroads in Brazil. 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). Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The company also disclosed in the announcement that it "will integrate the existing Corporate Social Responsibility and charitable activities into a new Sustainable Social Value Organization. TCEHY - Tencent Holdings Ltd Forecast - CNNMoney.com The average price target is $48.00 with a high forecast of $48.00 and a low forecast of $48.00. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Tencent has a P/B Ratio of 3.33. It is easy to see why. Chinese stocks which had risen on excitement over AI tumbled after the report from Nikkei Asia. As of 2023 February 28, Tuesday current price of TCEHY stock is 44.480$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).. Tencent Holdings Ltd ADR stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. This payout ratio is at a healthy, sustainable level, below 75%. 1. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Zscaler, Inc Plummets, Is It Time To Buy The Dip? TME - Tencent Music Entertainment Group Forecast - CNNMoney.com If such regulatory and policy headwinds were absent, shareholders will definitely prefer that TCEHY either returns the RMB50 billion in investment gains (currently earmarked for the new Sustainable Social Value Organization) to shareholders as dividends, or reinvest such proceeds in growing its exiting core businesses. Tencent - TCEHY - Stock Price Today - Zacks