Erste Group Bank Raises Earnings Estimates for Tencent

Tencent Holding Ltd. (OTCMKTS:TCEHY) – Equities researchers at Erste Group Bank boosted their FY2026 earnings per share (EPS) estimates for Tencent in a report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings per share of $4.14 for the year, up from their previous forecast of $4.10. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Tencent’s current full-year earnings is $4.06 per share. Erste Group Bank also issued estimates for Tencent’s FY2027 earnings at $4.56 EPS.

Several other equities research analysts have also recently commented on TCEHY. Zacks Research cut Tencent from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Barclays reaffirmed an “overweight” rating and set a $106.00 price objective on shares of Tencent in a research report on Thursday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

Tencent Trading Down 2.1%

Tencent stock opened at $57.43 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 1.44. Tencent has a one year low of $57.01 and a one year high of $87.68. The stock has a market capitalization of $523.65 billion, a PE ratio of 16.04 and a beta of 0.29. The business’s fifty day moving average is $63.71 and its 200 day moving average is $71.95.

Tencent Company Profile

Tencent Holdings Limited is a Chinese multinational technology conglomerate headquartered in Shenzhen, Guangdong. Founded in 1998, the company grew from early instant-messaging products into a diversified internet services group and is listed on the Hong Kong Stock Exchange. Tencent’s businesses span consumer-facing applications, digital content, cloud services and financial technology, supported by a broad investment program in global technology and gaming companies.

At the consumer level Tencent operates major social and communication platforms such as QQ and WeChat (Weixin), which combine messaging, social networking, mobile payments and a wide range of mini-programs and services.