Tencent Holdings Stock Forecast

Stock Price Forecast

According to 46 analysts polled by S&P Global, Tencent Holdings stock has a consensus rating of "Strong Buy" and an average price target of $707.32. The average 1-year stock price forecast is 53.90% higher than the current stock price, while the lowest is $425.15 (-7.50%) and the highest is $883.66 (+92.27%).

Price Target: $707.32 (+53.90%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$425.15	$707.32	$703.16	$883.66
Change	-7.50%	+53.90%	+52.99%	+92.27%

Analyst Ratings

The average analyst rating for Tencent Holdings stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	39	38	37	35	35	36
Buy	9	9	9	8	8	7
Hold	2	3	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	51	51	49	46	46	46

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst CICC No rating	CICC	Buy Maintains $666.00	Buy	Maintains	$666.00	+44.91%	Jun 8, 2026
Robin Zhu Bernstein	Bernstein	Buy Maintains $780.00	Buy	Maintains	$780.00	+69.71%	Jun 5, 2026
Andy Yu CFA DBS	DBS	Buy Maintains $770.00	Buy	Maintains	$770.00	+67.54%	Jun 2, 2026
Gary Yu Morgan Stanley	Morgan Stanley	Buy Maintains $650.00	Buy	Maintains	$650.00	+41.43%	Jun 2, 2026
Unknown Analyst First Shanghai Securities No rating	First Shanghai Securities	Buy Maintains $780.00	Buy	Maintains	$780.00	+69.71%	May 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

828.58B

from 751.77B

10.22%

from 751.77B

Revenue Next Year

906.70B

from 828.58B

9.43%

from 828.58B

EPS This Year

30.15

from 27.88

8.15%

from 27.88

EPS Next Year

33.13

from 30.15

9.90%

from 30.15

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	560.12B	554.55B	609.02B	660.26B	751.77B	828.58B
Revenue Growth	16.19%	-0.99%	9.82%	8.41%	13.86%	10.22%
Gross Profit	245.93B	238.89B	293.11B	349.30B	422.87B	470.85B
Gross Margin	43.91%	43.08%	48.13%	52.90%	56.25%	56.83%
Operating Income	123.85B	110.88B	162.96B	207.96B	245.63B	273.41B
Net Income	224.82B	188.24B	115.22B	194.07B	224.84B	236.03B
EPS	-	-	-	-	27.88	30.15
EPS Growth	-	-	-	-	18.60%	8.15%
Forward PE	24.98	22.10	13.78	16.17	17.77	13.18
Dividend / Share	1.30	2.12	3.09	4.23	4.76	5.34
Dividend Growth	-	62.87%	45.37%	37.02%	12.63%	12.05%
Free Cash Flow	94.34B	71.03B	149.23B	126.80B	139.39B	203.03B
No. Analysts	-	-	-	-	-	44

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	843.1B
Avg	828.6B
Low	780.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.1%
Avg	10.2%
Low	3.8%

EPS Forecast

EPS	2026	2027	2028
High	33.90
Avg	30.15
Low	26.80

EPS Growth

EPS Growth	2026	2027	2028
High	21.6%
Avg	8.1%
Low	-3.9%