Erste Group Bank Forecasts Stronger Earnings for Tencent

Tencent Holding Ltd. (OTCMKTS:TCEHY) – Research analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for shares of Tencent in a report released on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $4.09 per share for the year, up from their previous estimate of $4.06. The consensus estimate for Tencent’s current full-year earnings is $4.05 per share. Erste Group Bank also issued estimates for Tencent’s FY2027 earnings at $4.46 EPS.

Separately, Barclays reaffirmed an “overweight” rating and set a $106.00 price objective on shares of Tencent in a report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

Tencent Stock Performance

Shares of TCEHY stock opened at $59.52 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $58.07 and a 200-day simple moving average of $62.65. The company has a market cap of $541.19 billion, a price-to-earnings ratio of 16.63 and a beta of 0.27. Tencent has a 12-month low of $52.84 and a 12-month high of $87.68.

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.