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Tencent - TCEHY Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $189.00
  • Forecasted Upside: 294.74%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$47.88 As of 03/23/2023 01:00 AM ET
▲ +3.08 (6.88%)

This chart shows the closing price for TCEHY by one month, three months, or twelve months.

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Analyst Price Target for TCEHY

Analyst Price Target is $189.00
▲ +294.74% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Tencent in the last 3 months. The average price target is $189.00, with a high forecast of $330.00 and a low forecast of $48.00. The average price target represents a 294.74% upside from the last price of $47.88.

This chart shows the closing price for TCEHY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Tencent. This rating has held steady since July 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
9/29/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
12/28/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
3/28/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
6/26/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/24/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/23/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
2/21/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/23/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/25/2023BarclaysBoost TargetEqual Weight$36.00 ➝ $48.00
1/5/2023MizuhoBoost Target$300.00 ➝ $330.00
10/28/2022BarclaysLower Target$44.00 ➝ $31.00
10/24/2022KGI SecuritiesDowngradeOutperform ➝ Neutral
7/11/2022The Goldman Sachs GroupDowngradeConviction-Buy ➝ Buy
6/28/2022InvestecDowngradeHold ➝ Sell
5/23/2022BarclaysDowngradeOverweight ➝ Equal Weight$55.00 ➝ $44.00
5/16/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ Overweight
5/2/2022MizuhoLower Target$450.00 ➝ $400.00
3/25/2022BarclaysLower TargetOverweight$76.00 ➝ $55.00
3/14/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Underweight
2/11/2022InvestecDowngradeBuy ➝ Hold
11/2/2021BarclaysInitiated CoverageOverweight$84.00
10/11/2021MizuhoLower TargetNeutral$530.00 ➝ $510.00
9/13/2021Loop CapitalDowngradeBuy ➝ Hold
9/6/2021KGI SecuritiesInitiated CoverageOutperform
8/19/2021MizuhoLower TargetNeutral$650.00 ➝ $530.00
8/5/2021The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy
7/27/2021DZ BankDowngradeBuy ➝ Sell$60.18
7/15/2021OppenheimerReiterated RatingBuy$90.00
3/22/2021MizuhoReiterated RatingBuy
2/16/2021BarclaysBoost TargetOverweight$89.00 ➝ $115.00
2/3/2021Morgan StanleyInitiated CoverageBuy$92.87
1/25/2021Sanford C. BernsteinInitiated CoverageOutperform
1/22/2021InvestecDowngradeHold ➝ Sell
11/16/2020BarclaysBoost TargetOverweight$81.00 ➝ $89.00
11/13/2020MizuhoBoost TargetNeutral$64.48 ➝ $77.38
10/20/2020BarclaysBoost TargetOverweight$77.00 ➝ $81.00
10/19/2020Atlantic SecuritiesInitiated CoverageOverweight
10/14/2020OTR GlobalUpgradePositive
8/13/2020BenchmarkBoost TargetBuy$72.25 ➝ $74.18
7/27/2020BarclaysBoost TargetOverweight$63.00 ➝ $75.00
7/14/2020Smith Barney CitigroupBoost TargetBuy$69.80 ➝ $83.73
6/17/2020Loop CapitalBoost TargetPositive ➝ Buy$63.22 ➝ $69.03
5/14/2020BenchmarkBoost TargetBuy$56.77 ➝ $72.25
5/14/2020MizuhoBoost TargetPositive ➝ Buy$45.80 ➝ $52.90
5/7/2020BarclaysBoost TargetOverweight$55.00 ➝ $58.00
3/16/2020BarclaysReiterated RatingBuy$55.00
11/27/2019MacquarieInitiated CoverageOutperform
11/21/2019MacquarieInitiated CoverageOutperform
10/31/2019BNP ParibasInitiated CoverageOutperform
10/15/2019BarclaysReiterated RatingBuy$52.00
8/15/2019BarclaysReiterated RatingOverweight$59.00 ➝ $54.00
8/5/2019Jefferies Financial GroupInitiated CoverageBuy ➝ Buy
6/3/2019Loop CapitalInitiated CoverageBuy ➝ Buy
5/31/2019InvestecUpgradeAdd ➝ Buy
3/22/2019BarclaysBoost TargetOverweight ➝ Overweight$50.00 ➝ $54.00
2/1/2019HSBCInitiated CoverageBuy ➝ Buy
1/31/2019InvestecReiterated RatingBuy ➝ Hold
1/22/2019BarclaysSet TargetBuy$50.00
1/14/2019Sanford C. BernsteinReiterated RatingMkt Perform ➝ Mkt Perform
12/13/2018MizuhoReiterated RatingNeutral ➝ Neutral
11/14/2018BarclaysSet TargetOverweight ➝ Buy$50.00 ➝ $46.00
11/8/2018OTR GlobalDowngradePositive
8/22/2018BarclaysLower TargetOverweight ➝ Overweight$59.00 ➝ $55.00
7/28/2018BarclaysSet TargetOverweight ➝ Buy$65.00 ➝ $59.00
5/17/2018BarclaysSet TargetBuy$65.00
5/2/2018BarclaysSet TargetOverweight ➝ Buy$63.00 ➝ $62.00
4/5/2018KeyCorpInitiated CoverageBuy
4/2/2018BarclaysLower TargetOverweight ➝ Overweight$64.00 ➝ $63.00
(Data available from 3/23/2018 forward)

News Sentiment Rating

0.60 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 35 positive mentions
  • 12 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2022
  • 8 very positive mentions
  • 31 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
9/24/2022
  • 3 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/23/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
12/23/2022
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/22/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/21/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/23/2023

Current Sentiment

  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Tencent logo
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
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Today's Range

Now: $47.88
Low: $47.39
High: $48.47

50 Day Range

MA: $47.01
Low: $42.24
High: $52.55

52 Week Range

Now: $47.88
Low: $24.75
High: $52.88

Volume

4,998,383 shs

Average Volume

3,634,571 shs

Market Capitalization

$458.12 billion

P/E Ratio

17.22

Dividend Yield

0.42%

Beta

0.3

Frequently Asked Questions

What sell-side analysts currently cover shares of Tencent?

The following Wall Street sell-side analysts have issued reports on Tencent in the last year: Barclays PLC, Investec, JPMorgan Chase & Co., KGI Securities, Mizuho, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for TCEHY.

What is the current price target for Tencent?

2 Wall Street analysts have set twelve-month price targets for Tencent in the last year. Their average twelve-month price target is $189.00, suggesting a possible upside of 294.7%. Mizuho has the highest price target set, predicting TCEHY will reach $330.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $48.00 for Tencent in the next year.
View the latest price targets for TCEHY.

What is the current consensus analyst rating for Tencent?

Tencent currently has 1 sell rating, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TCEHY, but not buy more shares or sell existing shares.
View the latest ratings for TCEHY.

What other companies compete with Tencent?

Other companies that are similar to Tencent include Taiwan Semiconductor Manufacturing, Meta Platforms, Broadcom, ASML and Oracle. Learn More about companies similar to Tencent.

How do I contact Tencent's investor relations team?

Tencent's physical mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The technology company's listed phone number is 86-755-8601-3388 and its investor relations email address is [email protected] The official website for Tencent is www.tencent.com. Learn More about contacing Tencent investor relations.