Lei Yang CFA, an analyst from CGS-CIMB, reiterated the Buy rating on Tencent Holdings . The associated price target is HK$728.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Lei Yang CFA has given his Buy rating due to a combination of factors that highlight Tencent Holdings’ strong growth potential. The company is expected to report robust financial results for the third quarter of 2025, with significant year-over-year increases in both total revenue and adjusted net profit. This growth is largely driven by the success of its gaming and advertising businesses, alongside improvements in profit margins.
Furthermore, Tencent’s strategic investment in AI technology is anticipated to enhance revenue growth and operational efficiency. The company’s focus on expanding its AI capabilities, including increased capital expenditure in this area, is expected to yield substantial returns. Additionally, Tencent’s global expansion efforts and its leadership in AI-driven innovations position it well for sustained growth, making it an attractive investment opportunity.
In another report released on October 14, Macquarie also maintained a Buy rating on the stock with a HK$780.00 price target.
TCTZF’s price has also changed dramatically for the past six months – from $58.200 to $85.220, which is a 46.43% increase.