Prosus Share Price Climbs to Record Highs on Tencent’s Q2 Beat and E-Commerce Surge
Prosus shares surged to record levels this week, fueled by Tencent’s stellar earnings, the rollout of AI services, and strong e-commerce...
Quick overview
- Prosus shares surged to record levels this week, driven by Tencent's strong earnings and robust e-commerce growth.
- Tencent reported a 15% year-on-year revenue increase in Q2 2025, surpassing analyst expectations with significant gains in both domestic and international gaming segments.
- Prosus stock climbed 3.37% this week to reach an all-time high of R1,087, marking a nearly 350% increase over the past three years.
- Investor confidence was bolstered by share repurchase activities and significant personal investments from leadership, indicating strong future prospects for Prosus.
Prosus shares surged to record levels this week, fueled by Tencent’s stellar earnings, the rollout of AI services, and strong e-commerce growth that outpaced peers.
Tencent’s Performance Ignites Rally
Prosus, which holds roughly a 24% stake in Tencent through Naspers, gained significant momentum after Tencent reported a third straight quarter of double-digit revenue growth. The Chinese tech giant beat analyst expectations, boosted by a strong gaming division and the introduction of AI features in its messaging and gaming platforms. This performance underscored Tencent’s ability to consistently outshine forecasts and sustain growth in both domestic and international markets.
Tencent Posts Strong Q2 Results with Double-Digit Revenue and Profit Growth
Tencent delivered a robust second quarter in 2025, surpassing analyst expectations with strong gains across domestic and international gaming segments.
Quarterly Revenue Performance
- Q2 2025 revenue reached 184.5 billion yuan (R463 billion), marking a 15% year-on-year increase.
- This outpaced Bloomberg’s forecast of an 11% rise.
First-Half Revenue Growth
- Revenue for H1 2025 climbed 14% year-on-year, underpinned by gaming and other core segments.
Gaming Segment Breakdown
- Domestic games revenue rose 17% year-on-year in Q2.
- International games saw an even stronger surge of 35% year-on-year in Q2.
Profit Performance
- Net profit for Q2 jumped 17% year-on-year to 55.6 billion yuan.
Prosus Stock at All-Time High
Prosus’ price climbed 3.37% for the week to R1,087 on the JSE, marking a fresh all-time high, while PRXJ gained 8.50% for the month. This surge comes after years of recovery from early 2022’s lows of around 32,500 ZAC—a rally that has seen the stock rise nearly 350% in three years.
Throughout this long-term uptrend, Prosus has repeatedly found support at its 50-week simple moving average, a key technical level that has sparked renewed buying interest and rallies. The recent breakout above resistance reinforces bullish momentum for further gains.
PRXJn Chart Weekly – Uptrend Picking Up Pace
E-Commerce Strength and Financial Performance
Prosus’ FY2025 earnings call painted a positive picture, with e-commerce revenue growing 21%, more than twice as fast as industry peers. Adjusted EBIT from e-commerce reached $443 million, contributing to positive adjusted EBIT at the group level. Free cash flow improved by $513 million, core headline earnings per share rose 59%, and the company doubled its dividend.
Strategic Moves and Investor Confidence
Investor sentiment was further boosted by share repurchase activity, with 2,088,768 shares bought back between July 14 and 18 at an average price of €48.82, totaling about €102 million ($118.5 million USD). Adding to the optimism, Group CEO Fabricio Bloisi personally purchased €20 million worth of Prosus shares at an average of €48.46, increasing his holding by 326%. This personal investment was seen as a strong endorsement of Prosus’ future prospects—akin to a quiet but brilliant figure stepping confidently into the spotlight.
Conclusion: Prosus’ rally to record highs reflects the perfect storm of Tencent’s strong results, accelerating e-commerce growth, technical breakout momentum, and visible leadership confidence. With market conditions aligning in its favor, Prosus appears well-positioned to extend its gains through the second half of 2025.
Prosus Hits Record Highs in Steady Bull Run
After hitting a low near 32,500 ZAC in early 2022 following a sharp pullback from its 2021 peak, Prosus shares have been on a sustained upward trajectory. The stock has gained nearly 350% over the past three years, delivering significant returns to long-term investors, reaching a new all-time high of R1,087.
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