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<Research>UBS Lifts TENCENT's TP to HKD710; 1Q25 Results Beat
TENCENT (00700.HK)'s 1Q25 revenue beat expectations with a growth of 13% YoY, according to a report from UBS.Driven by gross margin expansion, TENCENT's adjusted operating ...
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<Research>UBS Lifts TENCENT's TP to HKD710; 1Q25 Results Beat
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TENCENT (00700.HK)  +1.000 (+0.195%)    Short selling $574.21M; Ratio 14.112%   's 1Q25 revenue beat expectations with a growth of 13% YoY, according to a report from UBS.

Driven by gross margin expansion, TENCENT's adjusted operating profit and net profit also surged by 18% and 22% YoY respectively, both surpassing expectations by 4%.

Related NewsBofAS Elevates TENCENT (00700.HK) TP to $631, Raises 2025/ 2026 Profit Forecasts
UBS lifted its 2025-27 EPS forecasts for TENCENT by 1-2% and the target price from HKD700 to HKD710, with a rating of Buy. The company remained the broker's Key Call.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-20 12:25.)

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