Tencent (TCEHY) Stock Forecast, Price & News

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

3 brokers have issued 12-month price objectives for Tencent's stock. Their TCEHY share price forecasts range from $50.00 to $375.00. On average, they expect the company's stock price to reach $212.50 in the next year. This suggests a possible upside of 404.4% 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 start of the year. Since then, TCEHY shares have decreased by 0.5% and is now trading at $42.13.
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Tencent saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 7,633,600 shares, a decline of 24.9% from the July 15th total of 10,164,700 shares. Based on an average daily volume of 5,673,100 shares, the short-interest ratio is currently 1.3 days.
View Tencent's Short Interest.

Tencent Holdings Limited (OTCMKTS:TCEHY) issued its quarterly earnings data on Wednesday, May, 17th. The technology company reported $0.38 EPS for the quarter. The technology company had revenue of $21.84 billion for the quarter. Tencent had a trailing twelve-month return on equity of 11.59% and a net margin of 33.01%.

Tencent announced a dividend on Saturday, May 13th. Shareholders 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 is Thursday, May 18th. This is a boost from the stock's previous dividend of $0.18.
Read our dividend analysis for TCEHY.

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).

Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.27 per share and currently has a dividend yield of 0.64%. The dividend payout ratio is 9.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCEHY will have a dividend payout ratio of 12.11% 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 $42.13.

Tencent (OTCMKTS:TCEHY) has a market capitalization of $403.36 billion and generates $82.41 billion in revenue each year. The technology company earns $27.97 billion in net income (profit) each year or $2.79 on an earnings per share basis.

The company employs 108,436 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.