FY2026 EPS Estimates for Tencent Reduced by Erste Group Bank

Tencent Holding Ltd. (OTCMKTS:TCEHYFree Report) – Equities research analysts at Erste Group Bank lowered their FY2026 earnings per share (EPS) estimates for Tencent in a research note issued to investors on Thursday, June 25th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $4.09 per share for the year, down from their previous forecast of $4.13. The consensus estimate for Tencent’s current full-year earnings is $4.13 per share. Erste Group Bank also issued estimates for Tencent’s FY2027 earnings at $4.48 EPS.

Several other analysts also recently commented on the stock. Zacks Research downgraded shares of Tencent from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Barclays reiterated an “overweight” rating and issued a $106.00 price objective on shares of Tencent in a research note on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

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Tencent Price Performance

TCEHY opened at $55.22 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.42. The company has a market capitalization of $502.95 billion, a price-to-earnings ratio of 15.42 and a beta of 0.26. The firm’s fifty day moving average price is $58.21 and its two-hundred day moving average price is $66.73. Tencent has a 1 year low of $52.84 and a 1 year high of $87.68.

About Tencent

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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.

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