Tencent Music Entertainment Group banner

Tencent Music Entertainment Group
F:63TA

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
F:63TA
Watchlist
Price: 8.1 EUR 3.58%
Market Cap: €8.6B

Wall St Price Targets

63TA Price Targets Summary
Tencent Music Entertainment Group

Wall Street analysts forecast 63TA stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for 63TA is 16.16 EUR with a low forecast of 9.21 EUR and a high forecast of 26.86 EUR.

Lowest Forecast
Price Target
9.21 EUR
14% Upside
Average Forecast
Price Target
16.16 EUR
100% Upside
Highest Forecast
Price Target
26.86 EUR
232% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
TPRO
Technoprobe SpA
-48% Downside
SHRIRAMFIN
Shriram Finance Ltd
31% Upside
ISPR
Ispire Technology Inc
270% Upside
MCS
Marcus Corp
23% Upside
AVAV
AeroVironment Inc
56% Upside

Revenue
Forecast

15% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 8 years is 5%.

Operating Income
Forecast

28% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
28% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 5 years is 13%.

Net Income
Forecast

30% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-17%
Average Miss
30% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-17%
Average Miss

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 4 years is 5%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is 63TA's stock price target?
Price Target
16.16 EUR

According to Wall Street analysts, the average 1-year price target for 63TA is 16.16 EUR with a low forecast of 9.21 EUR and a high forecast of 26.86 EUR.

What is the Revenue forecast for Tencent Music Entertainment Group?
Projected CAGR
5%

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 8 years is 5%.

What is the Operating Income forecast for Tencent Music Entertainment Group?
Projected CAGR
13%

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 5 years is 13%.

What is the Net Income forecast for Tencent Music Entertainment Group?
Projected CAGR
5%

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 4 years is 5%.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett