
Tencent Holding Ltd. (OTCMKTS:TCEHY – Free Report) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for shares of Tencent in a note issued to investors on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings of $4.02 per share for the year, up from their prior forecast of $4.01. 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 $4.21 EPS.
Separately, Zacks Research lowered shares of Tencent from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $106.00.
Tencent Price Performance
Shares of Tencent stock opened at $57.91 on Wednesday. The stock has a 50 day moving average of $57.57 and a 200 day moving average of $59.57. Tencent has a 12 month low of $52.84 and a 12 month high of $87.68. The company has a current ratio of 1.29, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30. The firm has a market cap of $527.16 billion, a PE ratio of 15.87 and a beta of 0.26.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Tencent stock. Raiffeisen Bank International AG purchased a new position in shares of Tencent Holding Ltd. (OTCMKTS:TCEHY – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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.
Tencent Company Profile
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.
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