Tencent Music Entertainment Group

OTC:TCMEF

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 TCMEF's stock price target?

Price Target

11.9 USD

According to Wall Street analysts, the average 1-year price target for TCMEF is 11.9 USD with a low forecast of 6.91 USD and a high forecast of 21.55 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

3%

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 3%.

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%.