FY2026 EPS Estimates for Tencent Lifted by Erste Group Bank

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for Tencent to $4.07 (from $4.06) and retained a "Hold" rating on the stock.
• Analyst sentiment is mixed after Zacks downgraded Tencent from "strong-buy" to "hold"; overall there are two Buy and two Hold ratings, leaving a MarketBeat average rating of "Moderate Buy" with an average target of $102.00.
• Tencent shares were trading near $64.87 with a market cap of $591.86 billion, a PE ratio of 19.19, and a 52-week range of $55.06–$87.68.

Tencent Holding Ltd. (OTCMKTS:TCEHY - Free Report) - Equities researchers at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for Tencent in a note issued to investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the technology company will earn $4.07 per share for the year, up from their prior estimate of $4.06. Erste Group Bank has a "Hold" rating on the stock. The consensus estimate for Tencent's current full-year earnings is $2.74 per share.

Separately, Zacks Research cut Tencent from a "strong-buy" rating to a "hold" rating in a report on Monday, March 23rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Tencent currently has an average rating of "Moderate Buy" and an average target price of $102.00.

Tencent Trading Up 0.2%

TCEHY opened at $64.87 on Friday. Tencent has a one year low of $55.06 and a one year high of $87.68. The stock has a market capitalization of $591.86 billion, a PE ratio of 19.19 and a beta of 0.34. The business's 50 day moving average price is $67.13 and its 200 day moving average price is $75.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.35 and a current ratio of 1.36.

About Tencent

Tencent Holdings Limited is a Chinese multinational technology conglomerate headquartered in Shenzhen, Guangdong. Founded in 1998, the company grew from early instant-messaging products into a diversified internet services group and is listed on the Hong Kong Stock Exchange. Tencent's businesses span consumer-facing applications, digital content, cloud services and financial technology, supported by a broad investment program in global technology and gaming companies.

At the consumer level Tencent operates major social and communication platforms such as QQ and WeChat (Weixin), which combine messaging, social networking, mobile payments and a wide range of mini-programs and services.

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