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Wall St Price Targets

TME Price Forecast
Based on 27 analysts

+40% Upside
from $8.425 today

Tencent Music Entertainment Group (TME)’s 12-month stock price forecast through October 2027 has a consensus target of $11.781, implying 40% upside. The forecast is based on price targets from 27 Wall Street analysts.

TME Analyst Rating
Based on 29 analysts

avg. 4.1 of 5
Strong buy
15 52%
Buy
2 7%
Hold
12 41%
Sell
0 0%
Strong sell
0 0%

Analysts rate TME Buy, with 17 of 29 recommending Buy or Strong buy.

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Price Targets

Financial forecasts

Past growth per year

Average annual growth cannot be calculated for these periods.

Explore analyst estimates, growth and forecast ranges.

Reported Lowest–highest estimate

Value YoY Lowest–highest Analysts
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 TME's stock price target?
Price Target
11.781 USD

According to Wall Street analysts, the average 1-year price target for TME is 11.781 USD with a low forecast of 4.209 USD and a high forecast of 21 USD.

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 Gross Profit forecast for Tencent Music Entertainment Group?
Projected CAGR
11%

Over the last 8 years, the compound annual growth rate for Gross Profit has been 18%. The projected CAGR for the next 5 years is 11%.

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 Pre-Tax Income forecast for Tencent Music Entertainment Group?
Projected CAGR
0%

Over the last 8 years, the compound annual growth rate for Pre-Tax Income has been 30%. The projected CAGR for the next 3 years is 0%.

What is the Net Income forecast for Tencent Music Entertainment Group?
Projected CAGR
6%

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 5 years is 6%.

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