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Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group
NYSE:TME
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Price: 10.15 USD 2.73% Market Closed
Market Cap: $15.6B

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 19.77 USD with a low forecast of 10.81 USD and a high forecast of 31.5 USD.

Lowest
Price Target
10.81 USD
6% Upside
Average
Price Target
19.77 USD
95% Upside
Highest
Price Target
31.5 USD
210% Upside
Tencent Music Entertainment Group Competitors:
Price Targets

Revenue
Forecast

15% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 3 years is 10%.

Operating Income
Forecast

28% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
28% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 28%. The projected CAGR for the next 3 years is 14%.

Net Income
Forecast

30% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss
30% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 30%. The projected CAGR for the next 3 years is 4%.

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
19.77 USD

According to Wall Street analysts, the average 1-year price target for TME is 19.77 USD with a low forecast of 10.81 USD and a high forecast of 31.5 USD.

What is Tencent Music Entertainment Group's Revenue forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 3 years is 10%.

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

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 28%. The projected CAGR for the next 3 years is 14%.

What is Tencent Music Entertainment Group's Net Income forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 30%. The projected CAGR for the next 3 years is 4%.

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