FY2026 EPS Estimates for Tencent Lowered by Erste Group Bank

Key Points

• Erste Group Bank cut Tencent’s FY2026 EPS estimate to $4.01 from $4.09, roughly in line with the $4.00 consensus estimate. The bank projects FY2027 EPS of $4.20.
• Analyst sentiment remains mixed: Zacks Research downgraded Tencent to “strong sell,” while the broader analyst consensus is “Hold” with a $106 target price.
• Tencent shares opened at $54.44, near the lower end of their 52-week range of $52.84–$87.68. Raiffeisen Bank International also disclosed a new position worth approximately $13.9 million.

Tencent Holding Ltd. (OTCMKTS:TCEHY - Free Report) - Equities researchers at Erste Group Bank lowered their FY2026 EPS estimates for Tencent in a report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings per share of $4.01 for the year, down from their prior estimate of $4.09. The consensus estimate for Tencent's current full-year earnings is $4.00 per share. Erste Group Bank also issued estimates for Tencent's FY2027 earnings at $4.20 EPS.

Separately, Zacks Research downgraded shares of Tencent from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $106.00.

Tencent Stock Performance

Shares of Tencent stock opened at $54.44 on Monday. The firm has a market cap of $495.58 billion, a PE ratio of 14.92 and a beta of 0.26. The company has a quick ratio of 1.42, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. Tencent has a fifty-two week low of $52.84 and a fifty-two week high of $87.68. The business's fifty day moving average is $58.08 and its two-hundred day moving average is $60.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tencent stock. Raiffeisen Bank International AG purchased a new position in Tencent Holding Ltd. (OTCMKTS:TCEHY - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 259,080 shares of the technology company's stock, valued at approximately $13,897,000. 0.02% of the stock is owned by institutional investors and hedge funds.

About Tencent

Tencent Holdings Limited is a Chinese technology and internet company founded in 1998 and headquartered in Shenzhen, China. The company develops and operates digital platforms, online services and technology products for consumers, businesses and public-sector organizations.

Tencent's consumer businesses include WeChat, a social communications and digital services platform, and QQ, an instant-messaging and online community service. The company also develops and publishes video games through its domestic and international operations, and provides digital content such as music, video, literature and other entertainment services.

Through its fintech and business services operations, Tencent offers payment services, wealth-management products, cloud computing, cybersecurity, advertising technology and other enterprise solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.