Tencent Music Entertainment Group banner

Tencent Music Entertainment Group
NYSE:TME

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
Watchlist
Price: 14.86 USD -2.24%
Market Cap: $22.9B

Wall Street
Price Targets

TME Price Targets Summary
Tencent Music Entertainment Group

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

According to Wall Street analysts, the average 1-year price target for TME is 25.96 USD with a low forecast of 17.17 USD and a high forecast of 31.5 USD.

Lowest
Price Target
17.17 USD
16% Upside
Average
Price Target
25.96 USD
75% Upside
Highest
Price Target
31.5 USD
112% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
CRSR
Corsair Gaming Inc
59% Upside

Revenue
Forecast

15% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 4 years is 16%.

Operating Income
Forecast

27% / Year
Past Growth
26% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss
27% / Year
Past Growth
26% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 27%. The projected CAGR for the next 4 years is 26%.

Net Income
Forecast

26% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss
26% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 26%. The projected CAGR for the next 4 years is 22%.

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 is available on other sites you are seeing are mostly from the sell-side analysts.

What is TME's stock price target?
Price Target
25.96 USD

According to Wall Street analysts, the average 1-year price target for TME is 25.96 USD with a low forecast of 17.17 USD and a high forecast of 31.5 USD.

What is Tencent Music Entertainment Group's Revenue forecast?
Projected CAGR
16%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 4 years is 16%.

What is Tencent Music Entertainment Group's Operating Income forecast?
Projected CAGR
26%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 27%. The projected CAGR for the next 4 years is 26%.

What is Tencent Music Entertainment Group's Net Income forecast?
Projected CAGR
22%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 26%. The projected CAGR for the next 4 years is 22%.

Back to Top