Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. If you have an ad-blocker enabled you may be blocked from proceeding. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. I wrote this article myself, and it expresses my own opinions. I note that TCEHY has a long growth runway due to its WeChat being anecdotally under-monetized and the companys direct exposure to many secular growth stories in online advertising, fintech, and video gaming. 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. 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. All times are ET. Manali Bhade has no position in any of the stocks mentioned. Many investors think Beijing's crackdown on technology firms is ending, but the Chinese government will still hold influence over names like Alibaba and Tencent. is $78.24 , for 2032 Mar. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. Zacks Ranks stocks can, and often do, change throughout the month. TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, One Way to Earn More From Dividend Stocks, How to Choose a Winning Dividend Investing Strategy, 3 Industries Leading the Stock Market Rebound, Oil Tankers Boost Dividends, See Continued Robust Business In '23. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Most stock quote data provided by BATS. Export data to Excel for your own analysis. Visit www.zacksdata.com to get our data and content for your mobile app or website. It offers online games and social network services; FinTech and cloud services, and online advertising services. 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. 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. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. However, as I mentioned earlier in this article, China's new regulations and policy stance could have a negative impact on Tencent Holdings' future earnings, which are unlikely to be reflected in the company's current consensus financial numbers yet. Please log in to your account or sign up in order to add this asset to your watchlist. Tencent has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends. In this Bloomberg article, it is speculated that because tutoring companies were targeted by the authorities because "excessive tutoring torments youths, burdens parents with expensive fees and exacerbates inequalities in society." The company charges 15% of the gross proceeds paid by players for its services. It offers online games and social network services; FinTech and cloud services, and online advertising services. Specifically related to TCEHY, the Chinese government has been cracking down on the video game industry, expressing concerns that the industry is focused on profits and placing more restrictions on the industry. 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. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Here's a recap. While rising inflation and anticipation about the Federal Reserve increasing interest rates have made short-term investors jittery, it is not that big of an issue for long-term investors. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Applying a multiple of 8-10 times on estimated sales, the company's valuation will gallop to about $10 trillion,. All rights reserved. Besides Free Fire, the company also distributes several of Tencent's (TCEHY -0.25%) popular games. 2. Tencent's stock price has fallen by -21% from HK$620.00 as of March 26, 2021 to HK$490.00 as of July 26, 2021. 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.. The company's multi-year gaming agreement with the National Football League will also help in attracting new users at much lower costs. 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." (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. 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 . Financial numbers in CNY Financial Statements Analyst Forecast According to 60 analysts, the average rating for TCEHY stock is "Buy." major impact on the company's business operations in the medium term. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. The Motley Fool has a disclosure policy. The dividend payout ratio is 6.47%. 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. In the last two years, Twilio's Price has decreased from $76.06 to $0.00 - a 100.00% drop. 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent in the last twelve months. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. TCEHY is a tech conglomerate with market-leading positions in video gaming, social networks, video streaming, fintech, cloud, and more. is $59.05 , for 2027 Mar. The Stocks Are Climbing. 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. 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. The technology company earned $15.02 billion during the quarter, compared to analyst estimates of $14.76 billion. 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. Please disable your ad-blocker and refresh. View which stocks are hot on social media with MarketBeat's trending stocks report. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Past performance is not a guarantee of future results, and a loss of original capital may occur. This ironically has not appeared to be the case with TCEHY, which has fallen over 40% from all time highs earlier this year: Now trading around $59 per share, TCEHY is barely higher than where it traded at the beginning of 2018. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Start Now for $1 >>, Jessica Silver-Greenberg and Michael Corkery. Ceri Parker Previously Commissioning Editor, Agenda, World Economic Forum. In-depth profiles and analysis for 20,000 public companies. Tech Sell-Off: 1 Supercharged Growth Stock Down 83% to Buy Like There's No Tomorrow, Prediction: These Will Be 2 of the Best Stocks to Buy in 2023, Why Sea Limited Stock Plunged Underwater on Thursday, Why Sea Limited Climbed 17.5% in November, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? The average price target represents a 10.02% change from the last price of $43.63. View the best growth stocks for 2023 here. Actual results may differ. 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 consensus among Wall Street analysts is that investors should "hold" TCEHY shares. I understand that I am receiving a special one-time deal and will be billed $397 for 6 months membership (instead of the usual 3 months quarterly membership) and that after 6 months I will be billed at $397 quarterly thereafter unless I choose to cancel, which I may do at any time. Looking for a portfolio of ideas like this one? 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. In tandem with the new "three-child" policy, it is not unthinkable that the Chinese gaming sector has to face new regulatory headwinds again. ZacksTrade and Zacks.com are separate companies. Sign up here to get started today! Cost basis and return based on previous market day close. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. But the good news is, if China invades Taiwan, there is a way to protect yourself. For the next year, analysts predict that Fair Value . Against the backdrop of a diversified business model benefiting from several structural tailwinds, Sea Limited offers an attractive risk-reward proposition to retail investors. tcehy stock forecast 2030. Skillz is now focused on adding more multiplayer turn-based games and is investing in synchronous technology (allowing multiple players to play simultaneously) to add more profitable games, such as first-person shooters and real-time strategy games. I initiated on DiDi Global with a Bearish rating in my article published on July 7, 2021, and DiDi's stock price has dropped by -48% from $15.53 as of July 2, 2021 (last traded price at the time of writing) to $8.04 as of July 26, 2021. I explain what I am waiting for before pounding the table. We use cookies to understand how you use our site and to improve your experience. 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. This payout ratio is at a healthy, sustainable level, below 75%. Nosotros, Yahoo, somos parte de la familia de marcas de Yahoo. This product is for educational purposes only. For readers keen to invest in Tencent's relatively more liquid Hong Kong-listed shares, they can use US stockbrokers with access to international equity markets like Fidelity or Interactive Brokers. It is easy to see why. TCEHY Stock Price - Tencent Holdings Ltd. engages in the provision of value-added services, online advertising services, and fintech and business services. Taking into account the potential downside risks to the company's bottom line in the next couple of years, I choose to keep my Neutral rating for Tencent Holdings. In the first quarter, quarterly paying users for the company's mobile wallet were up 145% year over year to over 26.1 million. Exchanges . The current stock price only makes sense if TCEHY will never return capital to shareholders - but will management try to prove alignment with shareholders? TCEHY : Long term TENCENT HOLDINGS LTD-UNS ADR stock forecast for 2022, 2023 (1 year) - 2025 - 2027 (5 year) - 2030, and 2032 (10 year) Forecast for 2023 Apr. June 29, 2022 russell hantz wife; Category: . 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%. Discovery Company. I wrote this article myself, and it expresses my own opinions. Their TCEHY share price forecasts range from $48.00 to $330.00. 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. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Tencent has only been the subject of 1 research reports in the past 90 days. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Amikor a webhelyeinket s alkalmazsainkat hasznlja, a webhelyek s alkalmazsok szolgltatsa, a felhasznlk hitelestse, biztonsgi funkcik mkdtetse, a levlszemt s a visszalsek megelzse, valamint, a webhelyek s alkalmazsok hasznlatnak mrse, szemlyre szabott hirdetsek s tartalom megjelentse rdekldsi profilok alapjn, a szemlyre szabott hirdetsek s tartalom hatkonysgnak mrse, valamint, a termkeink s szolgltatsaink tovbbfejlesztse. View TCEHY analyst ratings or view top-rated stocks. Per a report published on Yahoo Finance, the global eSports market size is likely to expand by $3.5 billion till 2027, at a CAGR of 21.81%. Is It a Bad Time to Invest in China Tech Giants? Specifically, Tencent Holdings' shares decreased by close to -8% . It may be difficult (though not impossible, as discussed below) for TCEHY to prove that it is somehow uniquely different than other Chinese stocks, meaning that TCEHY might not recover until general sentiment toward Chinese stocks improves. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.