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. Will Tencent Holdings Stock Go Up Next Year? View which stocks are hot on social media with MarketBeat's trending stocks report. With second-quarter earnings scheduled for Aug. 3, the short-term share price trajectory will depend on factors such as whether the company surpasses analysts' estimates, changes in its fiscal 2021 outlook and paying user base, and future developments in international market expansion and partnerships. History; Forecast; Charts; Data; Market; Q&A; Comments; Buy CRYPTO . See rankings and related performance below. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. Earnings were 224.82 billion, an increase of 40.65%. Fed's Shocking New Plan to Control Your Money, Oriental Culture (NYSE:OCG) versus Tencent (OTCMKTS:TCEHY) Head to Head Review, Tencent Eyes Deal To Sell Meta's Quest 2 VR Headset in China, The Biggest Videogaming Market, Alibaba Rival Tencent Dumps Metaverse Ambitions As Macro Uncertainties Weigh, Tencent And NetEase Score Wins As Chinese Regulator Doles Out Gaming Licenses; Alibaba Bags One This Time Too, Tencent, NetEase Score More Wins As China Awards More Gaming Licenses: Report, China's Tencent Looking to Gobble Up 'Angry Birds' Maker Rovio, China Taps Alibaba, Tencent To Beat US Sanctions, The Best Way to Invest in Emerging Markets Just Got Even Better, TENCENT HLDGS UNSP/ADR (TCEHY) Q3 2022 Earnings Call Transcript. Hong Kong's benchmark Hang Seng Index also fell by -4.13% on July 26, 2021, and Reuters attributed this to "investor worries over government regulations" which "battered stocks in the education, property and tech sectors." The Stocks Are Climbing. Ha nem szeretn, hogy mi s partnereink cookie-kat s szemlyes adatokat hasznljunk ezekre a tovbbi clokra, kattintson Az sszes elutastsa lehetsgre. While I acknowledge the deep undervaluation of the stock, I need to see the company undertake a material repurchase program before pounding the table here. Tencent Holdings Limited (OTCMKTS:TCEHY) announced its quarterly earnings results on Wednesday, March, 18th. Transform Your Portfolio With This Simple Morning Trade! These Stocks Plunge. Based on its last traded price of HK$490.00 as of July 26, 2021, Tencent Holdings is valued by the market at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 28.1 times and 22.5 times, respectively. (BABA) (TCEHY) - Seeking Alpha, view top-rated stocks among Wall Street analysts, Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. 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. Actual results may differ. Should you buy Chinese tech stocks now that China is reopening? Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. things fall apart chapter 10 quotes. According to analysts' consensus price target of $189.00, Tencent has a forecasted upside of 301.1% from its current price of $47.12. Discover historical prices for TCEHY stock on Yahoo Finance. Things got worse last week, when Bloomberg reported on July 24, 2021 that the Chinese regulators are "banning companies that teach the school curriculum from making profits, raising capital or going public." That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. In 2021, TCEHY's revenue was 560.12 billion, an increase of 16.19% compared to the previous year's 482.06 billion. This rating has held steady since February, when it was unchanged from a Buy rating.Move your mouse over pastmonths for detail. All rights reserved. Based on earnings estimates, Tencent will have a dividend payout ratio of 10.84% next year. China 'Tries New Tactic' to Control Alibaba, Tencent. NASDAQ data is at least 15 minutes delayed. . 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. 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. Sign up here to get started today! The company is positioning itself as "Cisco-as-a-service,"wherein a software-based network service is used to replace all types of network hardware such as routers, firewalls, VPNs, and load balancers. I am not receiving compensation for it (other than from Seeking Alpha). Value added services dragged on overall results, perhaps due to the rising regulation in the video game industry. Not Ident. Nikada/iStock Unreleased via Getty Images. Learn More. Zacks Rank Education -- Learn more about the Zacks Rank Tencent Holdings' listed subsidiary, Tencent Music Entertainment (TME), which operates the country's leading music streaming platforms, was requested by "China's State Administration for Market Regulation or SAMR" to "give up exclusive music licensing rights", as reported in a recent July 24, 2021 Seeking Alpha news article. Only one analyst offered a short-term price target of $48.00 for Tencent Holding Ltd. At the end of the first quarter (ending March 31, 2021), the company's total customer count (free and paying customers) rose 46% year over year to 4.1 million, while its large customer count (annual spend of more than $100,000) was up 70% year over year to 945. Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. During that same time period, TCEHY has more than doubled both its top and bottom lines: 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. The dividend payout ratio is 6.47%. BREAKING: Tiny biotech successfully treats blindness (Ad), My No. For more coverage of undervalued growth stocks, including my top picks, consider subscribing to Best of Breed. Amidst all the chaos, TCEHY reported strong earnings results which included 20% top line growth. 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. What is the dividend yield for Tencent? This indicates that Tencent will be able to sustain or increase its dividend. Tencent Holdings Stock Rating Sell 24 Shares of these innovative growth stocks are richly valued, yet they have solid potential to go even higher in the coming years. Lun - Ven : 08:00 - 18:00 | Sam : 10:00 - 16:00. global emote hunters; prince fine silver plus cigaretter; clothing brand with red cross logo; full house for rent mississauga kijiji; rio chama dispersed camping; how much does justin bieber charge for a feature. contact@marketbeat.com Read our dividend analysis for TCEHY. It offers online games and social network services; FinTech and cloud services, and online advertising services. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. Learn more. Investing involves substantial risk. The median estimate represents a +13.86% increase from the last price of 47.12. Tencent had a trailing twelve-month return on equity of 8.93% and a net margin of 32.16%. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. See: Characteristics and Risks of Standardized Options. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders). Unlock HIDDEN Features! . Since then, TCEHY shares have increased by 11.2% and is now trading at $47.12. Get daily stock ideas from top-performing Wall Street analysts. I have no business relationship with any company whose stock is mentioned in this article. Para obtener ms informacin sobre cmo utilizamos tus datos personales, consulta nuestra Poltica de privacidad y Poltica de cookies. The lowest target is $ 28.32 and the highest is $ 73.81. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Visit Performance Disclosure for information about the performance numbers displayed above. It operates through the following segments: Value-Added Services, Join the Conversation! As always, use your best judgment when investing. 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. I wrote this article myself, and it expresses my own opinions. This suggests a possible upside of 301.1% from the stock's current price. If you have $10,000 in capital that is not needed for paying bills or setting up an emergency fund, then the following digitization-driven stocks could help you increase this investment to $50,000 by 2030. Our research is based on sources that we believe to be reliable. I expect these actions to limit TCEHYs future profitability, though it is unclear to what extent. 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. Discovery Company. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. In the first quarter, quarterly paying users for the company's mobile wallet were up 145% year over year to over 26.1 million. Please. View the best growth stocks for 2023 here. I have read and understand the, I understand that I will be billed $1,794 annually if I choose to continue. Notably, Tencent Holdings has also decided to allocate RMB50 billion to its Sustainable Social Value Organization as a start, which will be financed by the company's "investment gains.". At the same t #Morningstar #International Stocks #HowtoInvest Experts forecast that international stocks will outperform U.S. stocks in the coming decade. 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. There could be short-term positives associated with the collaboration, as Tencent might see incremental revenue from the usage of its payment services WeChat Pay on Alibaba's e-commerce marketplaces as an example. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. TCEHY is currently trading in the 20-30% percentile range relative to its historical Stock Score levels. The plan could represent an alternative to the regulatory crackdown that has hit Chinese technology stocks China's government entities are set to take so-called "golden shares" in units ofAlibaba Group Holding Ltd.andTencent Holdings Ltd. China is moving to take minority stakes with special rights in the local units of Alibaba Group Holding Ltd and Tencent Holdings Ltd , the Financial Times reported on Friday. Exchanges . Find the latest TENCENT HOLDINGS LIMITED UNSP A TCEHY analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports. In view of the current regulatory headwinds and Tencent Holdings' share price weakness, it is natural to ask if this is an investment opportunity for investors with a long, multi-year investment time horizon. Invest better with The Motley Fool. Tencent's OTC shares are relatively less liquid than the company's shares listed on the Hong Kong Stock Exchange. 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. Please disable your ad-blocker and refresh. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Tencent (TCEHY) Price Target Stock Forecast. Get access to my highest conviction ideas., Julian Lin is a top ranked financial analyst. The current consensus among 63 polled investment analysts is to Buy stock in Tencent Holdings Ltd. Digital entertainment (involving game development and publishing) is the only profit-making business and the main source of cash flow for the company. Shopify Stock Forecast and Price Target If the average 2023 price target of $45.00 recently set by Twenty one prominent experts for Shopify is met, there would be a potential upside of approximately 9.38% from the last closing price in February, 2023. 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. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. For the next year, analysts predict that Fair Value . Tencent announced a dividend on Saturday, May 14th. Based on a highly scalable SDN model, large addressable market, and a partnership with Nvidiato imbibe artificial intelligence capabilitiesin its edge network, Cloudflare is a solid long-term pick for retail investors. 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. 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. While Sea pays royalties to Tencent, this distribution activity has also helped expand the company's gaming user base. I don't view Tencent stock as a good Buy, as I think the Chinese government's policies will have a major impact on the company's business operations in the medium term. I am not receiving compensation for it (other than from Seeking Alpha). The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. More importantly, Tencent Holdings has previously suffered from a suspension of new game approvals for months in the country in 2018 when Chinese regulators became concerned about the effects of games on the health of youths in areas such as mental health (e.g. Microsoft: Competitive Positioning Just Got Better Amid All The Uncertainty, Tencent Hits Lowest Price in Five Years on China Economy Concern - Bloomberg, Tencent steps up buybacks as share price sinks - Financial Times, Tencent was China's most valuable company for 6 years, but the glory days are over - Business Insider, Swarmio Media, Globe Telecom and Tencent Games Collaborate to Launch Two Exclusive Gaming Tournaments with PUBG MOBILE in the Philippines - Yahoo Finance, What the eclipse of Tencent by a liquor company says about Xi's China - Financial Times, Alibaba, Tencent Holdings among leaders in Chinese tech sector rally (NYSE:BABA) - Seeking Alpha, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know - Nasdaq, Tencent Holding Ltd. (TCEHY) Stock Moves -1.45%: What You Should Know, Skydance Media Announces $400 Million Strategic Investment Round Led by KKR and The Ellison Family Plus Existing Investors RedBird Capital Partners and Tencent - Business Wire, Tencent-Backed Airwallex Retains $5.5 Billion Value With Funding - Bloomberg, Elon Musks X app for everything might be a non-starter in the US - TechCrunch, Alibaba And Tencent: Can Value Investing Work In China? Asia Value & Moat Stocks is a research service for value investors searching for attractive Asia-listed investment opportunities with a huge gap between price and intrinsic value, leaning towards both deep value balance sheet bargains (i.e. Sign in to your free account to enjoy all that MarketBeat has to offer. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Stock Price Forecast. While not yet a profitable venture, gross orders on Shopee jumped 134.6% year over year to one billion and gross merchandise value of orders processed on the platform rose year over year by 112.5% to $11.9 billion in the first quarter. Those who believe that the pendulum will move in one direction forever or reside at an extreme forever eventually will lose huge sums. The risk of loss in trading securities can be substantial. Please. Applying a multiple of 8-10 times on estimated sales, the company's valuation will gallop to about $10 trillion,. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating. Wall Street has a famous saying: Show me the money! If TCEHY (or any Chinese company for that matter) wants to prove that they are worthy of investment in spite of the regulatory risk, then an easy and efficient method would be to distribute capital to shareholders. In five years' time, I see slower earnings growth and reduced profitability for Tencent, as the company tries to strike a delicate balance between the interests of its shareholders and those of the nation. Tencent has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends. gaming and social media), and the company's access to a significant amount of critical data relating to Chinese users (e.g. By creating a free account, you agree to our, In Britain, warm hubs emerge to beat soaring energy costs, In Chicago, adapting electric buses to winters challenges, Global race to boost electric vehicle range in cold weather, Ukraine ally Kallas fights for reelection in Estonia vote, Paid express lanes grow more popular in once-reluctant South, Pot vote has Oklahoma hungry to rake in green from Texas, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, COO and Pres of Platform & Content Group & Interactive Entertainment Group, Sr. EVP and Pres of Technology & Engineering Group. Manali Bhade has no position in any of the stocks mentioned. Based on earnings estimates, TCEHY will have a dividend payout ratio of 10.84% next year. The company trades at only 20x earnings even before accounting for equity investments on its balance sheet, which total over 20% of the current market cap. Tencent - TCEHY - Stock Price Today - Zacks Tencent (TCEHY) (Delayed Data from OTC) $47.12 USD -0.12 (-0.25%) Updated Mar 3, 2023 03:59 PM ET Add to portfolio Zacks Rank: 3-Hold 3 Style. On average, analysts rate TCEHY stock as a buy. Brmikor mdosthatja a kivlasztott belltsait a webhelyeinken s alkalmazsainkban lv Adatvdelmi irnytpult linkre kattintva. On average, they predict the company's stock price to reach $189.00 in the next year. We nevertheless expect to see a good deal of change . The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. With the gaming business helping control its overall losses, Sea has been focusing on expanding the market share of its e-commerce platform Shopee. Export data to Excel for your own analysis. Tencent (OTCMKTS:TCEHY) pays an annual dividend of $0.18 per share and currently has a dividend yield of 0.38%. Tencent has received a consensus rating of Hold. Cost basis and return based on previous market day close. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. It is also worth noting that both DiDi and Tencent were penalized by regulators in early-July 2021 for not submitting certain proposed M&A transactions to the authorities for relevant approvals. (TWLO) Twilio Stock Predictions from the Leading Provider of Short and Long Term Stock Price Forecasts. 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. Unfortunately, my worst fears have been confirmed to a large extent. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The content on any of Financhill websites, products or communication is for educational purposes only. !! This indicates that the company will be able to sustain or increase its dividend. Members of Best Of Breed get exclusive access to our model portfolio. short-sightedness for playing games for a prolonged period of time). Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, If You Invested $1,000 in Nvidia in 1999, Here's the Shocking Amount You Would Have Now, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. If such regulatory and policy headwinds were absent, shareholders will definitely prefer that TCEHY either returns the RMB50 billion in investment gains (currently earmarked for the new Sustainable Social Value Organization) to shareholders as dividends, or reinvest such proceeds in growing its exiting core businesses. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. By not hosting games of chance, the company has managed to reduce its regulatory challenges associated with the likes of daily fantasy sports and online sportsbooks. Which Chinese stocks does he recommend? What is Tencent's stock price forecast for 2023? 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%. View daily, weekly or monthly format back to when Tencent Holdings Limited stock was issued. This all started at the beginning of the month, when DiDi Global (DIDI), the largest player in the Chinese ride-hailing market, was requested by the Chinese regulators to undergo a cyber-security review a few days following its IPO on the NYSE. 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. Instead, I would like to see the company execute on a material stock repurchase program at current levels. High conviction investment ideas in the winners of tomorrow. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Even amidst the chaos, the company has generated strong growth and profitability while maintaining a solid financial position. Dominant companies operating in sectors critical to the livelihood of ordinary Chinese people like Tencent could be compelled to accept slower earnings growth and reduced profitability in the best interests of the country, as indicated by TCEHY's comments at its most recent results briefing referenced to above. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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.