Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
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Price: 18.2 USD 0.28% Market Closed
Market Cap: 28B USD

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 26.39 USD with a low forecast of 18.18 USD and a high forecast of 31.5 USD.

Lowest
Price Target
18.18 USD
0% Downside
Average
Price Target
26.39 USD
45% Upside
Highest
Price Target
31.5 USD
73% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
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YG Entertainment Inc
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Revenue
Forecast

Revenue Estimate
Tencent Music Entertainment Group

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 3 years is 14%.

15%
Past Growth
14%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Tencent Music Entertainment Group

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 3 years is 23%.

27%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-13%
Average Miss

Net Income
Forecast

Net Income Estimate
Tencent Music Entertainment Group

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 3 years is 22%.

26%
Past Growth
22%
Estimated Growth
Estimates Accuracy
-14%
Average Miss
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
26.39 USD

According to Wall Street analysts, the average 1-year price target for TME is 26.39 USD with a low forecast of 18.18 USD and a high forecast of 31.5 USD.

What is Tencent Music Entertainment Group's Revenue forecast?
Projected CAGR
14%

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 3 years is 14%.

What is Tencent Music Entertainment Group's Operating Income forecast?
Projected CAGR
23%

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 3 years is 23%.

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 3 years is 22%.

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