Tencent Holdings Limited (HKG:0700)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
419.80
-10.60 (-2.46%)
Nov 6, 2026, 4:08 PM HKT

Tencent Holdings Stock Forecast

Stock Price Forecast

According to 43 analysts polled by S&P Global, Tencent Holdings stock has a consensus rating of "Strong Buy" and an average price target of $647.14. The average 1-year stock price forecast is 54.15% higher than the current stock price, while the lowest is $367.18 (-12.53%) and the highest is $889.35 (+111.85%).

Price Target: $647.14 (+54.15%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$367.18$647.14$660.04$889.35
Change-12.53%+54.15%+57.23%+111.85%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy353535333232
Buy777777
Hold222333
Sell000000
Strong Sell111111
Total454545444343

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Hold
Maintains
$560.00 → $513.00
HoldMaintains$560.00 → $513.00+22.20%Nov 3, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Maintains
$666.00
BuyMaintains$666.00+58.65%Oct 31, 2026
Unknown Analyst
UOB Kay Hian
No rating
UOB Kay Hian
Buy
Maintains
$537.00
BuyMaintains$537.00+27.92%Oct 30, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$550.00
BuyMaintains$550.00+31.01%Oct 29, 2026
Unknown Analyst
China Renaissance
No rating
China Renaissance
Buy
Maintains
$780.00 → $668.00
BuyMaintains$780.00 → $668.00+59.12%Oct 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
824.45B
from 751.77B
Increased by 9.67%
Revenue Next Year
902.04B
from 824.45B
Increased by 9.41%
EPS This Year
28.80
from 27.88
Increased by 3.31%
EPS Next Year
30.19
from 28.80
Increased by 4.82%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
560.12B554.55B609.02B660.26B751.77B824.45B
Revenue Growth
16.19%-0.99%9.82%8.41%13.86%9.67%
Gross Profit
245.93B238.89B293.11B349.30B422.87B468.04B
Gross Margin
43.91%43.08%48.13%52.90%56.25%56.77%
Operating Income
123.85B110.88B162.96B207.96B245.63B262.45B
Net Income
224.82B188.24B115.22B194.07B224.84B224.48B
EPS
----27.8828.80
EPS Growth
----18.60%3.31%
Forward PE
24.9822.1013.7816.1717.7712.41
Dividend / Share
1.302.123.094.234.765.02
Dividend Growth
-3.25%62.87%45.37%37.02%12.63%5.41%
Free Cash Flow
----223.85B121.50B
No. Analysts
-----42
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High843.1B
Avg824.5B
Low813.2B

Revenue Growth

Revenue Growth202620272028
High
12.1%
Avg
9.7%
Low
8.2%

EPS Forecast

EPS202620272028
High30.28
Avg28.80
Low24.84

EPS Growth

EPS Growth202620272028
High
8.6%
Avg
3.3%
Low
-10.9%