FY2026 EPS Estimates for Tencent Cut by Erste Group Bank

Tencent Holding Ltd. (OTCMKTS:TCEHY) – Research analysts at Erste Group Bank dropped their FY2026 earnings estimates for shares of Tencent in a research report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the technology company will earn $4.07 per share for the year, down from their previous estimate of $4.09. The consensus estimate for Tencent’s current full-year earnings is $4.06 per share. Erste Group Bank also issued estimates for Tencent’s FY2027 earnings at $4.45 EPS.

Several other analysts have also recently issued reports on the company. Barclays reaffirmed an “overweight” rating and set a $106.00 price objective on shares of Tencent in a report on Thursday, May 14th. Zacks Research cut Tencent from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.00.

Tencent Stock Down 3.6%

Shares of TCEHY opened at $59.06 on Friday. The company has a market capitalization of $537.94 billion, a PE ratio of 16.50 and a beta of 0.26. The company has a current ratio of 1.43, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. Tencent has a 12-month low of $52.84 and a 12-month high of $87.68. The business’s 50 day moving average is $57.33 and its 200 day moving average is $65.07.

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.