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Tencent - TCEHY Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $210.50
  • Forecasted Upside: 413.16%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$41.02 As of 04/22/2024 01:00 AM ET
▲ +2.04 (5.23%)

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 $210.50
▲ +413.16% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Tencent in the last 3 months. The average price target is $210.50, with a high forecast of $375.00 and a low forecast of $46.00. The average price target represents a 413.16% upside from the last price of $41.02.

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 Moderate Buy

The current consensus among 2 contributing investment analysts is to moderate buy stock in Tencent. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/31/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/31/2024BarclaysLower TargetOverweight ➝ Overweight$50.00 ➝ $46.00
9/12/2023InvestecUpgradeSell ➝ Hold
8/17/2023BarclaysUpgradeEqual Weight ➝ Overweight
5/9/2023MizuhoLower Target$400.00 ➝ $375.00
4/3/2023Loop CapitalUpgradeHold ➝ Buy
3/27/2023BarclaysBoost Target$48.00 ➝ $50.00
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
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.52 (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
  • 1 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 5 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 4 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 5 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 5 very negative mentions
Mentions as of
1/24/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
2/23/2024
  • 7 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
Mentions as of
3/24/2024
  • 8 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 8 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 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, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offers digital tools including user insight, creative management, placement strategy, and digital assets management; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio & television application. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
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Today's Range

Now: $41.02
Low: $40.64
High: $41.12

50 Day Range

MA: $37.37
Low: $34.06
High: $41.02

52 Week Range

Now: $41.02
Low: $33.00
High: $46.46

Volume

3,855,136 shs

Average Volume

2,190,041 shs

Market Capitalization

$387.45 billion

P/E Ratio

24.56

Dividend Yield

0.69%

Beta

0.32

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, and Mizuho.
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 $210.50, suggesting a possible upside of 413.2%. Mizuho has the highest price target set, predicting TCEHY will reach $375.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $46.00 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 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TCEHY.

What other companies compete with Tencent?

Other companies that are similar to Tencent include ASML, Oracle, Salesforce, Advanced Micro Devices and Adobe. 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.