Tencent - TCEHY Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TCEHY shares. 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.
View TCEHY analyst ratings or view top-rated stocks.

5 brokerages have issued 1 year price objectives for Tencent's shares. Their TCEHY share price forecasts range from $48.00 to $330.00. On average, they anticipate the company's stock price to reach $189.00 in the next year. This suggests a possible upside of 291.7% from the stock's current price.
View analysts price targets for TCEHY or view top-rated stocks among Wall Street analysts.

Tencent's stock was trading at $42.36 at the beginning of 2023. Since then, TCEHY stock has increased by 13.9% and is now trading at $48.25.
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Tencent saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 8,236,500 shares, an increase of 24.8% from the December 31st total of 6,597,900 shares. Based on an average trading volume of 7,533,700 shares, the short-interest ratio is currently 1.1 days.
View Tencent's Short Interest.

Tencent Holdings Limited (OTCMKTS:TCEHY) released its quarterly earnings data on Wednesday, November, 16th. The technology company reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. The technology company had revenue of $19.73 billion for the quarter, compared to analyst estimates of $20.32 billion. Tencent had a trailing twelve-month return on equity of 8.93% and a net margin of 32.16%.

Tencent announced a dividend on Saturday, May 14th. Stockholders of record on Friday, May 20th will be paid a dividend of $0.18 per share on Tuesday, June 21st. This represents a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, May 19th.
Read our dividend analysis for TCEHY.

Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.18 per share and currently has a dividend yield of 0.37%. The dividend payout ratio is 6.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TCEHY.

Tencent trades on the OTCMKTS under the ticker symbol "TCEHY."

Shares of TCEHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TCEHY stock can currently be purchased for approximately $48.25.

Tencent (OTCMKTS:TCEHY) has a market capitalization of $461.67 billion and generates $86.82 billion in revenue each year. The technology company earns $34.85 billion in net income (profit) each year or $2.78 on an earnings per share basis.

The company employs 85,858 workers across the globe.

Tencent's mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The official website for the company is www.tencent.com. 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.