Guotai Haitong keeps HKD 470 target for Tencent Holdings stock

Published on 10/27/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached HKD 235.71 billion, up 18.40 percent year over year. Tencent Holdings stock costs EUR 44.16 on October 27, 2026.

Analyst target and revenue

Guotai Haitong maintained a Buy rating and set a HKD 470.00 target on October 16, 2026.
Tencent reported second-quarter 2026 revenue of HKD 235.71 billion, up 18.40 percent year over year.
Tencent Holdings stock costs EUR 44.16 at Lang & Schwarz on October 27, 2026 at 3:38 p.m. CEST.
Tencent's next third-quarter results announcement is scheduled for November 18, 2026.

Tencent Holdings Ltd., KYG875721634, Illustration mit AI erstellt.

Tencent Holdings Ltd. (ISIN KYG875721634) has an analyst target of HKD 470.00 from Guotai Haitong, which maintained a Buy rating on October 16, 2026. The target is 22.01 percent above Tencent's Hong Kong price of HKD 385.20 on October 27, 2026. At Lang & Schwarz, Tencent Holdings stock was trading at EUR 44.16 on October 27, 2026 at 3:38 p.m. CEST.

Second-quarter revenue rose 18.40 percent

In the second quarter of 2026, Tencent generated revenue of HKD 235.71 billion, compared with HKD 199.08 billion in the same quarter of 2025. That represented growth of 18.40 percent year over year, according to Finanzen in its October 26, 2026 report.

The same report put second-quarter earnings per share at HKD 7.14, up from HKD 6.60 in the prior-year quarter. The comparison gives investors a clearer operating marker than the daily euro quotation alone.

Hong Kong range sets the frame

Tencent's Hong Kong stock stood at HKD 385.20 on October 27, 2026, with a 52-week range of HKD 378.00 to HKD 664.00. The price was 1.90 percent above the yearly low and 41.99 percent below the yearly high. Trading volume reached 16,238,414 shares.

The company's market capitalization was HKD 3.5 trillion on October 27, 2026, while its price-to-earnings ratio was 12.93. Alibaba Group traded at HKD 97.00 with a price-to-earnings ratio of 22.24 and a market capitalization of HKD 1.9 trillion; Meituan stood at HKD 71.85 with a negative price-to-earnings ratio and a market capitalization of HKD 443.4 billion.

Results date and valuation

Tencent's investor calendar lists the third-quarter 2026 results announcement for November 18, 2026, at 8:00 p.m. New York time, according to Tencent. The date gives the next formal checkpoint for testing whether revenue growth can continue alongside elevated investment in artificial intelligence.

Guotai Haitong's HKD 470.00 target remains the most direct valuation reference in the current picture. The firm retained its Buy rating on October 16, 2026, as Markets Insider reported.

Stock stays near yearly low

The Hong Kong quotation remains close to its 52-week low, while the euro quotation provides the German-market view for October 27, 2026. Tencent's next results announcement will test whether the second-quarter revenue pace can absorb the cost of artificial intelligence investment.

The further course of trading is shown by the continuously updated real-time quote of Tencent Holdings stock.