Tencent Music Entertainme... (TME)

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AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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11.99

-0.29%

After-hours Dec 13, 2024, 07:47 PM EST

Tencent Music Entertainment Group Forcast

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 12.22% from the current stock price of 12.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$10.4	$13.28	$13.5	$16
Change	-13.55%	10.39%	12.22%	33.00%

AI Analyst Report

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

Updated Aug 14, 2024

Rating	Feb 24	Mar 24	May 24	Aug 24	Sep 24	Nov 24
Strong Buy	0	4	3	0	0	0
Buy	2	2	0	3	0	2
Hold	0	1	0	0	1	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	7	3	3	1	2

Financial Forecast this Year

Revenue This Year

28.55B

from 27.75B

2.9%

from 27.75B

Revenue Next Year

31.10B

from 28.55B

8.9%

from 28.55B

EPS This Year

4.27

from 3.15

35.6%

from 3.15

EPS Next Year

33.81

from 4.27

691.8%

from 4.27