If you have an ad-blocker enabled you may be blocked from proceeding. 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. This indicates that Tencent will be able to sustain or increase its dividend. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The P/E ratio of Tencent is 16.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.03. This represents an update of my prior article for Tencent Holdings published on March 29, 2021. The content on any of Financhill websites, products or communication is for educational purposes only. On the positive side of things, Tencent is sending a strong signal to the Chinese authorities that it is and wants to be a good corporate citizen. View the best growth stocks for 2023 here. Visit Performance Disclosure for information about the performance numbers displayed above. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. The scores are based on the trading styles of Value, Growth, and Momentum. 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. [Read more]. 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. 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. Sign-up to receive the latest news and ratings for Tencent and its competitors with MarketBeat's FREE daily newsletter. 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. Microsoft: Competitive Positioning Just Got Better Amid All The Uncertainty, Tencent Hits Lowest Price in Five Years on China Economy Concern - Bloomberg, Tencent steps up buybacks as share price sinks - Financial Times, Tencent was China's most valuable company for 6 years, but the glory days are over - Business Insider, Swarmio Media, Globe Telecom and Tencent Games Collaborate to Launch Two Exclusive Gaming Tournaments with PUBG MOBILE in the Philippines - Yahoo Finance, What the eclipse of Tencent by a liquor company says about Xi's China - Financial Times, Alibaba, Tencent Holdings among leaders in Chinese tech sector rally (NYSE:BABA) - Seeking Alpha, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know - Nasdaq, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know, Skydance Media Announces $400 Million Strategic Investment Round Led by KKR and The Ellison Family Plus Existing Investors RedBird Capital Partners and Tencent - Business Wire, Tencent-Backed Airwallex Retains $5.5 Billion Value With Funding - Bloomberg, Elon Musks X app for everything might be a non-starter in the US - TechCrunch, Alibaba And Tencent: Can Value Investing Work In China? Si quieres personalizar tus opciones, haz clic en Gestionar configuracin de privacidad. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. I have no business relationship with any company whose stock is mentioned in this article. Tencent has received a consensus rating of Hold. Instead, I would like to see the company execute on a material stock repurchase program at current levels. View Tencent's Short Interest. I maintain my Neutral rating for Tencent Holdings Limited (OTCPK:TCEHY) [700:HK]. 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. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Please. Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. With the gaming business helping control its overall losses, Sea has been focusing on expanding the market share of its e-commerce platform Shopee. A Crypto Investment & Asset Managment Company 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." Against this backdrop, the stock seems to be well-positioned to emerge as a wealth generator in the coming years. The technology company can be reached via phone at 86-755-8601-3388, via email at ir@tencent.com, or via fax at 86-755-8601-3399. The risk involved with trading stocks, options and other securities is not suitable for all investors. Tencent (TCEHY) Price Target Stock Forecast. 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. Will Tencent Holdings Stock Go Up Next Year? Transform Your Portfolio With This Simple Morning Trade! The company employs 85,858 workers across the globe. past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. is $78.24 , for 2032 Mar. 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. 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. Should you buy Chinese tech stocks now that China is reopening? 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. Which Chinese stocks does he recommend? Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. gaming and social media), and the company's access to a significant amount of critical data relating to Chinese users (e.g. Tencent has only been the subject of 1 research reports in the past 90 days. buying assets at a discount e.g. 7 Stocks to Buy for the Future of Virtual Reality. Zacks Ranks stocks can, and often do, change throughout the month. At the same t #Morningstar #International Stocks #HowtoInvest Experts forecast that international stocks will outperform U.S. stocks in the coming decade. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Disclaimer: Past performance is no guarantee of future performance. buying assets at a discount e.g. Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. Please log in to your account or sign up in order to add this asset to your watchlist. In five years' time, I think that Tencent Holdings is still likely to retain its status as one of the leading internet and technology companies in China, as it will be challenging for any upstarts or its smaller competitors to build up their operations to a scale that is competitive with TCEHY anytime soon. The. BREAKING: Tiny biotech successfully treats blindness (Ad), My No. Share: Crowdsource Innovation. Real-time analyst ratings, insider transactions, earnings data, and more. Investing involves substantial risk. 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.. major impact on the company's business operations in the medium term. In the first quarter, App Annie ranked Shoppe as a leading app on Android platforms in Southeast Asia and Taiwan in the shopping category based on average monthly users and total time spent. The Motley Fool owns shares of and recommends Cloudflare, Inc., Nvidia, Sea Limited, Skillz Inc., and Tencent Holdings. mostrar anuncios y contenido personalizados basados en perfiles de inters; medir la efectividad de los anuncios y el contenido personalizados, y. desarrollar y mejorar nuestros productos y servicios. How were Tencent's earnings last quarter? . All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. Value added services dragged on overall results, perhaps due to the rising regulation in the video game industry. Chinese stocks which had risen on excitement over AI tumbled after the report from Nikkei Asia. American Consumer News, LLC dba MarketBeat 2010-2023. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? I note that TCEHY hasnt been completely spared from recent regulatory actions. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. See: Characteristics and Risks of Standardized Options. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. * indicates the important links in the menu. Most stock quote data provided by BATS. Actual results may differ. Momentum is growing behind a bill in Congress to ban Chinese social media app TikTok, the app that some term China's Trojan horse for controlling U.S. user's data and hearts and minds. The first point is that Tencent and Alibaba "are considering moves to gradually open up their services to one another" such as enabling "Alibaba services to access WeChat (Tencent's dominant social media platform) users via so-called Mini-Programs (Tencent's version of apps)" in response to "mounting regulatory pressure", as reported by The Wall Street Journal on July 14, 2021. 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. Shares of online mobile gaming platform Skillz (SKLZ 6.72%) have declined by 30.2%in the last month. Financial numbers in CNY Financial Statements Analyst Forecast According to 60 analysts, the average rating for TCEHY stock is "Buy." the Chinese bear market. Please disable your ad-blocker and refresh. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. tcehy stock forecast 2030. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China. We use cookies to understand how you use our site and to improve your experience. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. 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. On an absolute basis, these valuations do seem reasonably attractive for one of China's largest and most dominant internet & technology companies (which is not necessarily a positive factor now). 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. Invest better with The Motley Fool. See what's happening in the market right now with MarketBeat's real-time news feed. This includes personalizing content and advertising. Export data to Excel for your own analysis. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. Despite a recent report, Tencent(OTCMKTS: TCEHY) has denied that layoffs are in the works. There are two other points worth noting, when evaluating the outlook of Tencent in the next five years. Investors are always searching for opportunities to yield handsome returns. View which stocks are hot on social media with MarketBeat's trending stocks report. On average, analysts rate TCEHY stock as a buy. Compare Top Brokerages Here. What is a Good Dividend Yield? 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. I explain what I am waiting for before pounding the table. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. 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. 5 brokerages have issued 12 month price targets for Tencent's stock. Tencent announced a dividend on Saturday, May 14th. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. 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 $189.00 In-depth profiles and analysis for 20,000 public companies. Stock Price Forecast The 53 analysts offering 12-month price forecasts for Tencent Holdings Ltd have a median target of 52.38, with a high estimate of 74.70 and a low estimate of 31.85. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. These returns cover a period from January 1, 1988 through January 2, 2023. Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. proporcionarte nuestros sitios y aplicaciones; autenticar usuarios, aplicar medidas de seguridad y evitar el spam y los abusos, y. medir el uso que haces de nuestros sitios y aplicaciones. Earnings were 224.82 billion, an increase of 40.65%. As of 2023 February 28, Tuesday current price of TCEHY stock is 44.480$ 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. is $48.51 , for 2024 Mar. ZacksTrade and Zacks.com are separate companies. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. That said, TCEHY has noted that it has complied with the new regulation and only 2.6% of game grossing receipts came from players aged under 16. 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. View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The 7 Best Growth Stocks to Buy to Retire Early. The Financhill.com educational training program and software services are provided to improve financial understanding. Sign in to your free account to enjoy all that MarketBeat has to offer. Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. This product is for educational purposes only. Get access to my highest conviction ideas., Julian Lin is a top ranked financial analyst. 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. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. 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 $50,000 by 2030. The expansion of its gaming portfolio, both in the number of games and genres, increases the chances of delivering several hits, which in turn can improve the company's financials. Specifically, Tencent is dominant in the Chinese games market with an estimated 40% market share, which raises antitrust concerns. Tencent Stock Price. Is this happening to you frequently? This gaming platform stands out from the competition because players can wager on these games for cash prizes, making them more attractive than free-to-play games. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. The P/E ratio of Tencent is 16.95, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 361.38. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders). Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. Factset: FactSet Research Systems Inc.2019. As of 2023 March 05, Sunday current price of TCEHY stock is 47.120$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). 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. What is Tencent's stock price forecast for 2023? An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. I am not receiving compensation for it (other than from Seeking Alpha). About the Tencent Holdings Limited stock forecast. is $36.94. The monthly returns are then compounded to arrive at the annual return. Cloudflare now expects its total addressable market to expand from $72 billionin 2020 to $100 billion in 2024. 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 Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. What is the dividend yield for Tencent? Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Past performance is not a guarantee of future results, and a loss of original capital may occur. made by four brokerage firms. 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's stock was trading at $42.36 at the start of the year. is $59.05 , for 2027 Mar. A kivlasztott belltsok mdostshoz kattintson az Adatvdelmi belltsok kezelse lehetsgre. Disclaimer. However, in the long run, the company has solid potential to increase its paying user base since it currently accounts for only 17% of the total user base. The official website for the company is www.tencent.com. 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. For more coverage of undervalued growth stocks, including my top picks, consider subscribing to Best of Breed. The dividend payout ratio is 6.47%. is $79.93 , for 2028 Mar. With the eSports market currently valued at $1.4 billion . Free Stock Analysis Report: See The True Value of Any Stock. Exchanges . More importantly, there is market speculation that Tencent Holdings might eventually be hit with a substantial financial penalty relating to anti-trust issues, just like its major Chinese internet peer company, Alibaba (BABA) which was given a fine of RMB18 billion in April 2021. The pandemic-accelerated digitization of the global economy has brought to the forefront several new avenues for wealth creation. Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Future price of the stock is predicted at 99.000997145002$ (110.104% ) after a year according to our prediction system. (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The software platform has demonstrated high scalability, which is apparent from the company's trailing-12-month gross margin close to 95%. It operates through the following segments: Value-Added Services, Join the Conversation! ~ Howard Marks. I have no business relationship with any company whose stock is mentioned in this article. 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. The company's software-defined networking (SDN) model has made its network highly scalable and cheaper than the hardware-based networks of peers such as Akamai Technologies and Limelight Networks. tcehy stock forecast 2030. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. 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. It is also worth noting that both DiDi and Tencent were penalized by regulators in early-July 2021 for not submitting certain proposed M&A transactions to the authorities for relevant approvals. My Seeking Alpha peers in general have expressed bullishness on the name. 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%. Visit www.zacksdata.com to get our data and content for your mobile app or website. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. All Rights Reserved. To see all exchange delays and terms of use please see Barchart's disclaimer. The average price target represents a 10.02% change from the last price of $43.63. None of the information presented should be construed as an offer to sell or buy any particular security. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. Cloudflare is currently guiding for fiscal 2021 revenue of $612 million to $616 million, implying a 42% year-over-year rise at the midpoint. !! Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. The recent acquisition of demand-side advertising platform Aarki is expected to reduce the company's customer-acquisition expenses and, subsequently, its losses. tcehy stock forecast 2030. funfetti pancake mix cookies tcehy stock forecast 2030. tcehy stock forecast 2030. Practical application of the products herein are at your own risk and Financhill.com, its partners, representatives and employees assume no responsibility or liability for any use or mis-use of the product. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. One share of TCEHY stock can currently be purchased for approximately $47.12. It offers online games and social network services; FinTech and cloud services, and online advertising services. 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). 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. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. This could possibly translate to a lower degree of regulatory scrutiny for the company in the future. We nevertheless expect to see a good deal of change . 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 . Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y Poltica de cookies. I would expect that if it announced and actually repurchased even $10 billion of stock, then I personally might find myself buying the stock upon evidence of an executed material buyback program. 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. I have no business relationship with any company whose stock is mentioned in this article. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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% of the current market cap). 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. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating. Shares of TCEHY stock can be purchased through any online brokerage account. I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue.
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