Tencent Music Entertainme...
10.32
-0.13 (-1.24%)
At close: Jan 15, 2025, 9:37 AM

Tencent Music Entertainment Group Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for TME stock have an median target of 13.5, with a low estimate of 10.4 and a high estimate of 16. The median target predicts an increase of 30.81% from the current stock price of 10.32.

Analyst Consensus: Buy
Target Low Average Median High
Price $10.4 $13.28 $13.5 $16
Change 0.78% 28.68% 30.81% 55.04%

AI Analyst Report

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

Updated Aug 14, 2024

Rating Feb 24Mar 24May 24Aug 24Sep 24Nov 24
Strong Buy 043000
Buy 220302
Hold 010010
Sell 000000
Strong Sell 000000
Total 2 7 3 3 1 2

Financial Forecast this Year

Revenue This Year
28.26B
from 27.75B
Increased by 1.8%
Revenue Next Year
30.88B
from 28.26B
Increased by 9.3%
EPS This Year
4.28
from 3.1
Increased by 38.1%
EPS Next Year
4.99
from 4.28
Increased by 16.6%