Tencent Music Entertainment Group (TME) Stock Forecast

Analyst ratings, price targets, and earnings estimates.

TME Analyst Ratings

Buy

Consensus

Strong Buy
0
Buy
10
Hold
3
Sell
0
Strong Sell
0
77%23%

Based on 13 analysts in the past 3 months

TME Stock 12 Month Forecast

$14.56

▲ (4.00% Upside)
Highest Price Target
$17.00 (21.4%)
Average Price Target
$14.56 (4.0%)
Lowest Price Target
$12.00 (-14.3%)

Based on 9 analysts in the last year

Recent Price Targets
202016161212884400Price Target ($)Apr '24Apr '24May '24May '24Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Sep '24Sep '24Oct '24Oct '24Nov '24Nov '24
Recommendation Trends
Strong Buy
Buy
Hold
Sell
Strong Sell
3232242416168800788889181818191918444433Oct 1, 2024Oct 1, 2024Nov 1, 2024Nov 1, 2024Dec 1, 2024Dec 1, 2024Jan 1, 2025Jan 1, 2025Feb 1, 2025Feb 1, 2025Mar 1, 2025Mar 1, 2025
Analyst Estimates
Revenue Estimates
High $32.45B
Average $31.37B
Low $30.58B
20 analysts
Net Income Estimates
High $17.42B
Average $16.36B
Low $15.29B
20 analysts
EPS Estimates
High $5.57
Average $5.26
Low $4.89
13 analysts
Revenue Estimates
High $36.32B
Average $34.75B
Low $33.32B
30 analysts
Net Income Estimates
High $21.23B
Average $18.35B
Low $15.47B
30 analysts
EPS Estimates
High $6.78
Average $6.11
Low $4.94
19 analysts
Revenue Estimates
High $38.59B
Average $38.34B
Low $38.09B
19 analysts
Net Income Estimates
High $31.26B
Average $25.40B
Low $19.53B
19 analysts
EPS Estimates
High $9.99
Average $7.16
Low $6.24
10 analysts
Revenue Estimates
High $43.52B
Average $42.26B
Low $41.11B
8 analysts
Net Income Estimates
High $25.14B
Average $24.19B
Low $23.34B
8 analysts
EPS Estimates
High $8.03
Average $7.73
Low $7.45
5 analysts
Revenue Estimates
High $48.27B
Average $46.87B
Low $45.59B
10 analysts
Net Income Estimates
High $27.78B
Average $26.74B
Low $25.79B
10 analysts
EPS Estimates
High $8.87
Average $8.54
Low $8.24
4 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside
Nov 06, 2024 Jiong Shao Barclays $16.00 $11.75 36.2%
Nov 04, 2024 Boris Van Bernstein $14.00 $11.26 24.3%
Sep 25, 2024 Yang Liu Morgan Stanley $13.00 $11.27 15.4%
Aug 14, 2024 Lei Zhang Bank of America Securities $15.00 $11.12 34.9%
Aug 14, 2024 Charlie Chai 86Research $12.00 $11.13 7.8%
Aug 13, 2024 Candis Chan Daiwa $12.00 $11.14 7.8%
May 14, 2024 Ahmad Halim CFRA $17.00 $14.62 16.3%
May 14, 2024 Wei Fang Mizuho Securities $17.00 $14.80 14.9%
May 10, 2024 Wei Fang Mizuho Securities $15.00 $13.38 12.1%
Mar 20, 2024 Lincoln Kong Goldman Sachs $14.00 $11.53 21.4%

Related Metrics

Explore detailed financial metrics and analysis for TME.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
Ownership Insider Trading SEC Filings Congress Trading News Earnings Call Transcripts
Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
Assets Debt Cash On Hand Shares Outstanding
Dividends
Dividends Dividend Yield Payout Ratio