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Tencent Music Entertainment Group
OTC:TCMEF

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Tencent Music Entertainment Group
OTC:TCMEF
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Price: 3.99 USD Market Closed
Market Cap: $12.6B

Wall St Price Targets

TCMEF Price Forecast
Based on 27 analysts

+41% Upside
from $3.99 today

Tencent Music Entertainment Group (TCMEF)’s 12-month stock price forecast through October 2027 has a consensus target of $5.61, implying 41% upside. The forecast is based on price targets from 27 Wall Street analysts.

TCMEF Analyst Rating
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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 TCMEF's stock price target?
Price Target
5.61 USD

According to Wall Street analysts, the average 1-year price target for TCMEF is 5.61 USD with a low forecast of 2 USD and a high forecast of 9.99 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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