I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. In his unique role as chief exploration officer, David Wallerstein, searches the globe for innovations that could change the world. 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. This represents a dividend yield of 3.2%. Another point is that Tencent's gaming business could possibly be the next target (after education) of the Chinese regulators. 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 Holdings Limited Stock Forecast and Price Prognosis Data for 2022 History Forecast Charts Data Market Q&A Comments Buy CRYPTO Get 12% interest on Crypto Select other stock. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. Investors have to consider potential changes in the regulatory environment and their impact on Tencent's future profitability, in assessing the company's prospects for the next five years. Any trades shown are hypothetical example and do not represent actual trades. If you have an ad-blocker enabled you may be blocked from proceeding. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Please. 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. Is this happening to you frequently? The ex-dividend date is Thursday, May 19th. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. I am not receiving compensation for it (other than from Seeking Alpha). View daily, weekly or monthly format back to when Tencent Holdings Limited stock was issued. View which stocks are hot on social media with MarketBeat's trending stocks report. Tencent (OTCMKTS:TCEHY) has a market capitalization of $450.39 billion and generates $86.82 billion in revenue each year. Past success does not guarantee future profit !! 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." Further, owners, employees, agents or representatives of Financhill are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. Over the next 52 weeks, Tencent Holdings has on average historically risen by 28.7% based on the past 14 years of stock performance. Members of Best Of Breed get exclusive access to our model portfolio. With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Earnings were 224.82 billion, an increase of 40.65%. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. This could possibly translate to a lower degree of regulatory scrutiny for the company in the future. It offers online games and social network services; FinTech and cloud services, and online advertising services. 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. Skillz operates a software platform that hosts several games of skill (and not of chance) from multiple game developers. Tencent does not have a long track record of dividend growth. Stock Price Forecast. 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. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. It is easy to see why. Lun - Ven : 08:00 - 18:00 | Sam : 10:00 - 16:00. global emote hunters; prince fine silver plus cigaretter; clothing brand with red cross logo; full house for rent mississauga kijiji; rio chama dispersed camping; how much does justin bieber charge for a feature. 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 This realization might suggest that TCEHY is a buying opportunity courtesy of the falling price. I am not receiving compensation for it (other than from Seeking Alpha). Zacks Rank Education -- Learn more about the Zacks Rank 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. 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. Tencent has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends. Those who believe that the pendulum will move in one direction forever or reside at an extreme forever eventually will lose huge sums. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. buying assets at a discount e.g. Which Chinese stocks does he recommend? 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.) 1. Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. Will Tencent Holdings Stock Go Up Next Year? Here's a recap. View Tencent's Short Interest. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. For more coverage of undervalued growth stocks, including my top picks, consider subscribing to Best of Breed. Our daily ratings and market update email newsletter. Further, we expressly disclaim any responsibility to update such research. Tencent Layoffs 2023: Is TCEHY Gearing Up for More Job Cuts? The current ABR compares to an ABR of 1.50 a month ago based on four recommendations. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Beijing is working to take golden shares' in units of both companies, according to reports. Digital entertainment (involving game development and publishing) is the only profit-making business and the main source of cash flow for the company. The dividend payout ratio of Tencent is 6.47%. With the eSports market currently valued at $1.4 billion . Yahoo Finance's Ines Ferre joins the Live show to discuss the downturn across Chinese tech stocks. We use cookies to understand how you use our site and to improve your experience. made by four brokerage firms. * 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. Facing the future. The company charges 15% of the gross proceeds paid by players for its services. 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." By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. If you do not, click Cancel. In view of the current regulatory headwinds and Tencent Holdings' share price weakness, it is natural to ask if this is an investment opportunity for investors with a long, multi-year investment time horizon. Shopee continues to dominate the Indonesian e-commerce sector, which is expected to grow faster than the Indian e-commerce market. What is the dividend yield for Tencent? 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. Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. Learn More. Stock Price Forecast 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. Move your mouse over a quarter or year to see how estimates have changed over time. The Stocks Are Climbing. The average price target is $48.00 with a high forecast of $48.00 and a low forecast of $48.00. Against the backdrop of a diversified business model benefiting from several structural tailwinds, Sea Limited offers an attractive risk-reward proposition to retail investors. Zscaler, Inc Plummets, Is It Time To Buy The Dip? TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. I have read and understand the, Characteristics and Risks of Standardized Options. Tencent has only been the subject of 1 research reports in the past 90 days. All Rights Reserved. Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. TCEHY Stock Price - Tencent Holdings Ltd. engages in the provision of value-added services, online advertising services, and fintech and business services. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Actual results may differ. things fall apart chapter 10 quotes. 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 At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Should I buy or sell Tencent stock right now? Tencent (TCEHY) Price Target Stock Forecast. 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 had a trailing twelve-month return on equity of 8.93% and a net margin of 32.16%. To be put it more specifically for those not familiar with TCEHY, the company is known by many for its blockbuster games such as League of Legends, and for WeChat, which is known as the Facebook of China.. All rights reserved. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. I have no business relationship with any company whose stock is mentioned in this article. The 12-month stock price forecast is $53.42, which is an increase of 13.37% from the latest price. To make the world smarter, happier, and richer. Tencent Holdings Limited Stock Forecast and Price Prognosis Data for 2026 . contact@marketbeat.com As of February 15th, there was short interest totaling 9,381,500 shares, an increase of 20.5% from the January 31st total of 7,784,700 shares. Future price of the stock is predicted at 99.000997145002$ (110.104% ) after a year according to our prediction system. Nikada/iStock Unreleased via Getty Images. Tencent Holdings Ltd. ADR analyst ratings, historical stock prices, earnings estimates & actuals. Making the world smarter, happier, and richer. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, March, 18th. 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 Those who understand the pendulum's behavior can benefit enormously. I have no business relationship with any company whose stock is mentioned in this article. 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. What is Tencent's stock price forecast for 2023? 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. Earnings were 224.82 billion, an increase of 40.65%. The Motley Fool owns shares of and recommends Cloudflare, Inc., Nvidia, Sea Limited, Skillz Inc., and Tencent Holdings. 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. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Visit www.zacksdata.com to get our data and content for your mobile app or website. We nevertheless expect to see a good deal of change . I also stressed in that article the possibility of "further selling pressure for the stock (Tencent) if more new policies with a negative impact on Tencent and the Chinese internet market are announced." 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. 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. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. The expansion of its gaming portfolio, both in the number of games and genres, increases the chances of delivering several hits, which in turn can improve the company's financials. Tencent has a P/B Ratio of 3.33. I attempt to answer this question in the subsequent section of this article. 8 predictions for the world in 2030 Nov 12, 2016. *Average returns of all recommendations since inception. 1 month ago - Bloomberg Markets and Finance, A Comprehensive Guide to Video Gaming ETFs. Exchanges . 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. 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%. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. This means that if you invested $100 now, your current investment may be worth 210.104$ on 2024 March 05, Tuesday. In the last two years, Twilio's Price has decreased from $76.06 to $0.00 - a 100.00% drop. NASDAQ data is at least 15 minutes delayed. 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. The technology company earned $15.02 billion during the quarter, compared to analyst estimates of $14.76 billion. Another game-changing stock that can easily turn $10,000 to $50,000 by 2030 is the leading edge-based content delivery network and cybersecurity player, Cloudflare (NET 3.67%). !! I have no business relationship with any company whose stock is mentioned in this article. The large customer cohort has emerged as the fastest-growing cohort and accounts for more than half of the company's total revenue. Learn more. Tencent - TCEHY - Stock Price Today - Zacks Tencent (TCEHY) (Delayed Data from OTC) $47.12 USD -0.12 (-0.25%) Updated Mar 3, 2023 03:59 PM ET Add to portfolio Zacks Rank: 3-Hold 3 Style. Amikor a webhelyeinket s alkalmazsainkat hasznlja, a webhelyek s alkalmazsok szolgltatsa, a felhasznlk hitelestse, biztonsgi funkcik mkdtetse, a levlszemt s a visszalsek megelzse, valamint, a webhelyek s alkalmazsok hasznlatnak mrse, szemlyre szabott hirdetsek s tartalom megjelentse rdekldsi profilok alapjn, a szemlyre szabott hirdetsek s tartalom hatkonysgnak mrse, valamint, a termkeink s szolgltatsaink tovbbfejlesztse. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. CNBC's Ted Kemp reports. View the best growth stocks for 2023 here. Transform Your Portfolio With This Simple Morning Trade! This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Many investors think Beijing's crackdown on technology firms is ending, but the Chinese government will still hold influence over names like Alibaba and Tencent. 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. More importantly, Tencent Holdings has previously suffered from a suspension of new game approvals for months in the country in 2018 when Chinese regulators became concerned about the effects of games on the health of youths in areas such as mental health (e.g. 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. Asia Value & Moat Stocks is a research service for value investors searching for attractive Asia-listed investment opportunities with a huge gap between price and intrinsic value, leaning towards both deep value balance sheet bargains (i.e. Ha nem szeretn, hogy mi s partnereink cookie-kat s szemlyes adatokat hasznljunk ezekre a tovbbi clokra, kattintson Az sszes elutastsa lehetsgre. Please log in to your account or sign up in order to add this asset to your watchlist. 1 year Tencent Holdings Ltd ADR Forecast: 99.000997145002 *, 5 year Tencent Holdings Ltd ADR Forecast: 409.555 *. Tencent has received a consensus rating of Hold. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. This indicates that Tencent will be able to sustain or increase its dividend. Image: REUTERS/Francois Lenoir . See: Characteristics and Risks of Standardized Options. These Stocks Plunge. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The scores are based on the trading styles of Value, Growth, and Momentum. 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. The company generated robust 20% top line growth while maintaining strong profit margins. 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.. 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?.