FY2026 EPS Estimates for Tencent Cut by Erste Group Bank

Tencent Holding Ltd. (OTCMKTS:TCEHY) – Investment analysts at Erste Group Bank dropped their FY2026 earnings per share estimates for Tencent in a report released on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $4.01 per share for the year, down from their previous forecast of $4.09. The consensus estimate for Tencent’s current full-year earnings is $4.00 per share. Erste Group Bank also issued estimates for Tencent’s FY2027 earnings at $4.20 EPS.

Separately, Zacks Research downgraded Tencent from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Tencent currently has a consensus rating of “Hold” and an average price target of $106.00.

Tencent Stock Performance

Shares of OTCMKTS TCEHY opened at $55.79 on Monday. The stock has a fifty day moving average price of $57.96 and a two-hundred day moving average price of $59.92. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.43. The firm has a market cap of $507.86 billion, a P/E ratio of 15.28 and a beta of 0.26. Tencent has a 1 year low of $52.84 and a 1 year high of $87.68.

Hedge Funds Weigh In On Tencent

An institutional investor recently bought a new stake in Tencent stock. Raiffeisen Bank International AG bought a new position in Tencent Holding Ltd. (OTCMKTS:TCEHY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 259,080 shares of the technology company’s stock, valued at approximately $13,897,000. Institutional investors own 0.02% of the company’s stock.

About Tencent

Tencent Holdings Limited is a Chinese technology and internet company founded in 1998 and headquartered in Shenzhen, China. The company develops and operates digital platforms, online services and technology products for consumers, businesses and public-sector organizations.

Tencent’s consumer businesses include WeChat, a social communications and digital services platform, and QQ, an instant-messaging and online community service. The company also develops and publishes video games through its domestic and international operations, and provides digital content such as music, video, literature and other entertainment services.

Through its fintech and business services operations, Tencent offers payment services, wealth-management products, cloud computing, cybersecurity, advertising technology and other enterprise solutions.