Tencent Music Entertainme...

12.79
-0.31 (-2.37%)
At close: Feb 20, 2025, 3:59 PM
12.95
1.29%
After-hours: Feb 20, 2025, 06:15 PM EST

Tencent Music Entertainment Group Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for TME stock have an median target of 14, with a low estimate of 10.4 and a high estimate of 16. The median target predicts an increase of 9.46% from the current stock price of 12.79.

Analyst Consensus: Buy
Target Low Average Median High
Price $10.4 $14.04 $14 $16
Change -18.69% 9.77% 9.46% 25.10%

AI Analyst Report

Benchmark maintains a Buy rating on Tencent Music ... Unlock content with Pro Subscription

Updated Aug 14, 2024

Rating Mar 24May 24Aug 24Sep 24Nov 24Jan 25
Strong Buy 430000
Buy 203021
Hold 100100
Sell 000000
Strong Sell 000000
Total 7 3 3 1 2 1

Financial Forecast this Year

Revenue This Year
28.26B
from 27.75B
Increased by 1.8%
Revenue Next Year
31.22B
from 28.26B
Increased by 10.5%
EPS This Year
4.27
from 3.1
Increased by 37.7%
EPS Next Year
5.03
from 4.27
Increased by 17.8%