Tencent Holdings Limited (HKG:0700)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
436.60
-1.80 (-0.41%)
Sep 25, 2026, 4:08 PM HKT

Tencent Holdings Stock Forecast

Stock Price Forecast

According to 44 analysts polled by S&P Global, Tencent Holdings stock has a consensus rating of "Strong Buy" and an average price target of $663.03. The average 1-year stock price forecast is 51.86% higher than the current stock price, while the lowest is $427.83 (-2.01%) and the highest is $884.79 (+102.65%).

Price Target: $663.03 (+51.86%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$427.83$663.03$668.34$884.79
Change-2.01%+51.86%+53.08%+102.65%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy353535353533
Buy887777
Hold222223
Sell000000
Strong Sell111111
Total464645454544

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Arete Research
Arete Research
Hold
Downgrades
$496.00
HoldDowngrades$496.00+13.61%Sep 7, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$550.00
BuyMaintains$550.00+25.97%Sep 2, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Maintains
$666.00
BuyMaintains$666.00+52.54%Aug 30, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$670.00
BuyMaintains$670.00+53.46%Aug 30, 2026
Unknown Analyst
First Shanghai Securities
No rating
First Shanghai Securities
Buy
Maintains
$780.00 → $733.00
BuyMaintains$780.00 → $733.00+67.89%Aug 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
826.05B
from 751.77B
Increased by 9.88%
Revenue Next Year
904.93B
from 826.05B
Increased by 9.55%
EPS This Year
29.01
from 27.88
Increased by 4.05%
EPS Next Year
30.85
from 29.01
Increased by 6.35%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
560.12B554.55B609.02B660.26B751.77B826.05B
Revenue Growth
16.19%-0.99%9.82%8.41%13.86%9.88%
Gross Profit
245.93B238.89B293.11B349.30B422.87B468.99B
Gross Margin
43.91%43.08%48.13%52.90%56.25%56.78%
Operating Income
123.85B110.88B162.96B207.96B245.63B263.37B
Net Income
224.82B188.24B115.22B194.07B224.84B226.10B
EPS
----27.8829.01
EPS Growth
----18.60%4.05%
Forward PE
24.9822.1013.7816.1717.7712.88
Dividend / Share
1.302.123.094.234.765.05
Dividend Growth
-3.25%62.87%45.37%37.02%12.63%6.03%
Free Cash Flow
----223.85B124.35B
No. Analysts
-----42
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High843.1B
Avg826.0B
Low809.4B

Revenue Growth

Revenue Growth202620272028
High
12.1%
Avg
9.9%
Low
7.7%

EPS Forecast

EPS202620272028
High30.28
Avg29.01
Low25.07

EPS Growth

EPS Growth202620272028
High
8.6%
Avg
4.0%
Low
-10.1%