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The official website for the company is www.tencent.com. The Motley Fool owns shares of and recommends Cloudflare, Inc., Nvidia, Sea Limited, Skillz Inc., and Tencent Holdings. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. In the past three months, Tencent insiders have not sold or bought any company stock. Where Will Tencent (TCEHY) Stock Be In 5 Years? Investors of record on Friday, May 20th will be given a dividend of $0.18 per share on Tuesday, June 21st. I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. Per a report published on Yahoo Finance, the global eSports market size is likely to expand by $3.5 billion till 2027, at a CAGR of 21.81%. TCEHY does share some characteristics with DiDi, specifically its market dominance of specific market segments in China (i.e. All rights reserved. If you have an ad-blocker enabled you may be blocked from proceeding. On average, they predict the company's stock price to reach $189.00 in the next year. Over the next 52 weeks, Tencent Holdings has on average historically risen by 30.1% based on the past 13 years of stock performance. It is said that the highest quality stocks fall less than peers in the event of a broader market crash. The dividend payout ratio is 6.47%. On an absolute basis, these valuations do seem reasonably attractive for one of China's largest and most dominant internet & technology companies (which is not necessarily a positive factor now). By creating a free account, you agree to our, In Britain, warm hubs emerge to beat soaring energy costs, In Chicago, adapting electric buses to winters challenges, Global race to boost electric vehicle range in cold weather, Ukraine ally Kallas fights for reelection in Estonia vote, Paid express lanes grow more popular in once-reluctant South, Pot vote has Oklahoma hungry to rake in green from Texas, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, COO and Pres of Platform & Content Group & Interactive Entertainment Group, Sr. EVP and Pres of Technology & Engineering Group. The risk of loss in trading securities can be substantial. Another point is that Tencent's gaming business could possibly be the next target (after education) of the Chinese regulators. At recent prices, TCEHY is trading at only 6x forward sales. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Feb 28, 2023, 06:55 GMT AITX stock price continued its bearish momentum this month as worries about the penny stock continued. Sign in to your free account to enjoy all that MarketBeat has to offer. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. tcehy stock forecast 2030 - dgeniusholdings.com