12.04.2025

Tencent: Despite Setbacks, a Worthwhile Investment

Despite significant price losses in recent months, Tencent’s stock remains an attractive investment for experts. This is mainly due to the company’s long-term potential, supported by its strong position in the gaming and advertising business, as well as investments in artificial intelligence (AI).

Current Market Situation and Price Development

  • Price Development: The Tencent stock has experienced significant losses in recent months. On March 19, 2025, it reached a 52-week high of €66.25, but is currently approximately 25% below this value. In April 2024, the price fell to a 52-week low of €35.81.
  • Daily Price Movements: On Friday, April 11, 2025, the stock initially traded at €50.93 in Frankfurt, up 1.5%, before later dropping to €49.60.

Financial Performance and Forecasts

  • Quarterly Figures: In the fourth quarter of 2024, Tencent recorded an impressive profit increase of 90%, attributed to strong growth in the gaming and advertising sectors. Revenue increased by 11% to 172.4 billion Yuan.
  • EPS Forecast: Experts expect an average earnings per share (EPS) of about 26.14 CNY for 2025.
  • Dividend Forecast: A dividend of 4.52 CNY per share is expected for the current year, slightly above last year’s value of 4.50 HKD.

Long-Term Potential

  • Gaming and Advertising Business: Tencent greatly benefits from its dominant position in the Chinese gaming market, especially through games like Honour of Kings. International revenues from the gaming business increased by 15%.
  • Investments in AI: Tencent is heavily investing in artificial intelligence, which is considered promising for the future. The company has already seen initial successes with its AI models.
  • Share Buyback Program: For 2025, Tencent plans to buy back shares worth approximately $10.30 billion, underscoring its confidence in the company.

Expert Opinions

Buy Recommendations: Despite recent price losses, many experts still see potential in Tencent’s stock. This is reflected in buy recommendations that target the company’s long-term growth potential.

Overall, Tencent remains an attractive investment for investors due to its strong market position and promising investments, even though the stock price has fluctuated in recent months.