Should I buy or sell Tencent stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last year. There are currently 1 hold rating and 2 buy ratings 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?

3 Wall Street research analysts have issued 1 year price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $375.00. On average, they expect the company's share price to reach $210.50 in the next twelve months. This suggests a possible upside of 481.0% 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 beginning of 2024. Since then, TCEHY shares have decreased by 4.1% and is now trading at $36.23. View the best growth stocks for 2024 here .

Are investors shorting Tencent?

Tencent saw a increase in short interest in January. As of January 15th, there was short interest totaling 5,642,000 shares, an increase of 29.7% from the December 31st total of 4,350,800 shares. Based on an average daily volume of 5,377,300 shares, the days-to-cover ratio is currently 1.0 days. View Tencent's Short Interest .

How were Tencent's earnings last quarter?

Tencent Holdings Limited (OTCMKTS:TCEHY) released its quarterly earnings results on Wednesday, November, 15th. The technology company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The technology company earned $21.37 billion during the quarter, compared to the consensus estimate of $22.28 billion. Tencent had a net margin of 32.33% 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 a dividend on Saturday, May 13th. Investors of record on Friday, May 19th will be paid a dividend of $0.2691 per share on Tuesday, June 20th. This represents a dividend yield of 4.41%. The ex-dividend date of this dividend is Thursday, May 18th. This is an increase 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 0.71%. The dividend payout ratio is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.07% 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) and ActivePassive International Equity ETF (APIE) . Goldman Sachs MarketBeta Total International Equity ETF (GXUS) .

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

$36.23

-1.04 (-2.79%)

(As of 02/8/2024 ET)

Compare

Today's Range: $36.21
▼
$36.74
50-Day Range: $34.12
▼
$41.62
52-Week Range: $33.48
▼
$50.64

Volume: 3.87 million shs
Average Volume: 3.97 million shs
Market Capitalization: $342.46 billion

P/E Ratio: 12.85
Dividend Yield: 0.75%
Price Target: $210.50

Get Tencent alerts:

Tencent MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 481.0% Upside
$210.50 Price Target
Short Interest: Healthy
0.06% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.21
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 33.33%
From $2.01 to $2.68 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.

3.53 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 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $210.50, Tencent has a forecasted upside of 481.0% from its current price of $36.23.
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
0.06% 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 1.1, 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 29.68%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Tencent has a dividend yield of 0.71%, 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 9.57%. 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 10.07% 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.

1.5

News and Social Media Coverage

News Sentiment
Tencent has a news sentiment score of -0.21. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Tencent this week, compared to 2 articles on an average week.
Search Interest
8 people have searched for TCEHY on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Tencent to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 0.03% of the stock of Tencent is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Tencent are expected to grow by 33.33% in the coming year, from $2.01 to $2.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tencent is 12.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tencent is 12.85, 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 243.53.
Price to Book Value per Share Ratio
Tencent has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

February 7, 2024 | msn.com

Tencent Develops Elden Ring Mobile To Revitalize Gaming Portfolio: Report

February 6, 2024 | msn.com

Tencent working on mobile version of hit console game 'Elden Ring', sources say

February 8, 2024 | Legacy Research (Ad)

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February 6, 2024 | msn.com

Tencent developing mobile version of hit console game Elden Ring - report

February 2, 2024 | msn.com

Tencent's DnF Mobile Leads Market Revival with 2.9% Stock Surge After China's Gaming Regulation Reversal

February 2, 2024 | msn.com

Tencent abandons Square Enix 'Nier' mobile game amid cost woes - report

February 1, 2024 | americanbankingnews.com

Tencent (OTCMKTS:TCEHY) Given New $46.00 Price Target at Barclays

February 1, 2024 | baystreet.ca

Why Investors Might Copy Jack Ma and Buy Alibaba Stock

February 8, 2024 | Legacy Research (Ad)

LIVE DEMO: Elon Musk’s AI hits 65 MPH

January 31, 2024 | finance.yahoo.com

Tencent CEO Pony Ma asks fintech unit to cede share in payments market to avoid challenging banks

January 31, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Tencent Holdings (OtherTCEHY), Alphabet Class A (GOOGL) and Verizon (VZ)

January 30, 2024 | msn.com

Tencent CEO Pony Ma Shifts Focus to AI as Gaming Faces Tough Competition, Reveals New Plans

January 30, 2024 | msn.com

Tencent CEO says gaming business under stress, making strides in AI - report

January 30, 2024 | msn.com

Tencent chairman Pony Ma sets confident tone for internet giant in 2024 amid WeChat’s improved business prospects, sources say

January 23, 2024 | finance.yahoo.com

Tencent announces layoffs: 2024 labor market outlook

January 23, 2024 | finance.yahoo.com

The reason behind massive layoffs in the tech sector in 2024

January 23, 2024 | msn.com

Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs

January 23, 2024 | msn.com

Tencent's Riot Games to cut about 530 jobs amid cost woes

January 23, 2024 | msn.com

Tencent Layoffs 2024: What to Know About the Latest Riot Games Job Cuts

January 23, 2024 | morningstar.com

Tencent Holdings Ltd ADR

January 23, 2024 | wsj.com

Tencent Holdings Ltd. ADR

January 22, 2024 | msn.com

Riot Games Lay-Offs: Tencent Holdings Lets Go Of 530 Employees Globally

January 22, 2024 | investing.com

Tencent's Riot Games to lay off about 11% of staff

January 19, 2024 | finance.yahoo.com

Tencent Stock (OTC:TCEHY) May Have Bottomed. Here’s Why

January 12, 2024 | msn.com

Why This High-Performing Fund Is Betting On Tencent Amid China's Regulatory Storm

January 9, 2024 | msn.com

ByteDance reportedly in talks to sell gaming assets; potential buyers include Tencent

January 9, 2024 | msn.com

TikTok's Parent Company ByteDance In Talks To Sell Gaming Assets To Tencent: Report

See More Headlines

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Company Calendar

Last Earnings: 11/15/2023
Today: 2/08/2024
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: +481.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.82
Trailing P/E Ratio: 12.85
Forward P/E Ratio: 18.02
P/E Growth: N/A
Net Income: $27.97 billion
Net Margins: 32.33%
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: $82.41 billion
Price / Sales: 4.16
Cash Flow: $2.41 per share
Price / Cash Flow: 15.04
Book Value: $12.16 per share
Price / Book: 2.98

Miscellaneous

Outstanding Shares: 9,452,390,000
Free Float: N/A
Market Cap: $342.46 billion
Optionable: Not Optionable
Beta: 0.31

Social Links

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Key Executives

Mr. Huateng Ma (Age 52)
Co-Founder, Chairman & CEO
Comp: $5.38M
Mr. Chi Ping Lau (Age 51)
President
Comp: $4.05M
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: $2.24M
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?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last year. There are currently 1 hold rating and 2 buy ratings 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?: 3 Wall Street research analysts have issued 1 year price objectives for Tencent's stock. Their TCEHY share price targets range from $46.00 to $375.00. On average, they expect the company's share price to reach $210.50 in the next twelve months. This suggests a possible upside of 481.0% 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 beginning of 2024. Since then, TCEHY shares have decreased by 4.1% and is now trading at $36.23.
View the best growth stocks for 2024 here.
Are investors shorting Tencent?: Tencent saw a increase in short interest in January. As of January 15th, there was short interest totaling 5,642,000 shares, an increase of 29.7% from the December 31st total of 4,350,800 shares. Based on an average daily volume of 5,377,300 shares, the days-to-cover ratio is currently 1.0 days.
View Tencent's Short Interest.
How were Tencent's earnings last quarter?: Tencent Holdings Limited (OTCMKTS:TCEHY) released its quarterly earnings results on Wednesday, November, 15th. The technology company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The technology company earned $21.37 billion during the quarter, compared to the consensus estimate of $22.28 billion. Tencent had a net margin of 32.33% 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 a dividend on Saturday, May 13th. Investors of record on Friday, May 19th will be paid a dividend of $0.2691 per share on Tuesday, June 20th. This represents a dividend yield of 4.41%. The ex-dividend date of this dividend is Thursday, May 18th. This is an increase 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 0.71%. The dividend payout ratio is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.07% 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) and ActivePassive International Equity ETF (APIE).Goldman Sachs MarketBeta Total International Equity ETF (GXUS).
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 2/8/2024 by MarketBeat.com Staff

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Tencent (TCEHY) Stock Price, News & Analysis

Tencent MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

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

Earnings and Valuation

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^™