Tencent Music Entertainment Group
Stock Forecast, Prediction & Price Target

Tencent Music Entertainment Group (TME) stock Price Target by analysts

Last Year
Average Price Target

$14.33

Potential downside: -43.12%

Based on 3 analysts

Tencent Music Entertainment Group price prediction

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What is Tencent Music Entertainment Group stock analysts` prediction?

Tencent Music Entertainment Group stock forecast: Based on 3 Wall Street analysts` predicted price targets for Tencent Music Entertainment Group in the last 3 months, the avarage price target is $14.33, with a high forecast of $NaN. The average price target represents a -43.12% change from the last price of $25.2.

Disclaimer: This is not investment advice. Don't use price targets as the only investment indicator. Always remember to do your own thorough research and due diligence before making an investment decision.

Tencent Music Entertainment Group stock Price Target by analysts

Full breakdown of analysts given Tencent Music Entertainment Group price targets

Analyst name & company
Analyst win rate
Publish date
Price target
Price when posted
Source Historical targets
Jiong Shao
Barclays
0%
0/1
10 months ago $16 -36.50% downside $11.75 StreetInsider
Previous targets (0)
Boris Van
Bernstein
0%
0/1
10 months ago $14 -44.44% downside $11.26 StreetInsider
Previous targets (0)
Yang Liu
Morgan Stanley
0%
0/1
11 months ago $13 -48.41% downside $11.27 StreetInsider
Previous targets (0)
Charlie Chai
86Research
0%
0/1
about 1 year ago $12 -52.38% downside $11.13 StreetInsider
Previous targets (0)
Lei Zhang
Bank of America Securities
0%
0/1
about 1 year ago $15 -40.47% downside $11.12 TheFly
Previous targets (0)
Candis Chan
Daiwa
0%
0/1
about 1 year ago $12 -52.38% downside $11.14 TheFly
Previous targets (0)
Wei Fang
Mizuho Securities
25%
1/4
over 1 year ago $17 -32.53% downside $14.8 TheFly
Previous targets (3)
Ahmad Halim
CFRA
0%
0/1
over 1 year ago $17 -32.53% downside $14.62 StreetInsider
Previous targets (0)
Wei Fang
Mizuho Securities
25%
1/4
over 1 year ago $15 -40.47% downside $13.38 TheFly
Previous targets (3)
Alicia Yap
Citigroup
100%
1/1
over 1 year ago $12.3 -51.19% downside $11.52 Benzinga
Previous targets (0)
Charlene Liu
HSBC
100%
1/1
over 1 year ago $10.4 -58.73% downside $11.69 StreetInsider
Previous targets (0)
Lincoln Kong
Goldman Sachs
50%
1/2
over 1 year ago $14 -44.44% downside $11.53 Benzinga
Previous targets (1)
Wei Fang
Mizuho Securities
25%
1/4
over 1 year ago $13 -48.41% downside $11.04 StreetInsider
Previous targets (3)
Kenneth Fong
UBS
100%
1/1
over 1 year ago $10.5 -58.33% downside $8.94 StreetInsider
Previous targets (0)
Ellie Jiang
Macquarie
100%
2/2
over 1 year ago $11 -56.34% downside $9.04 StreetInsider
Previous targets (1)
Wei Fang
Mizuho Securities
25%
1/4
over 2 years ago $11 -56.34% downside $8.35 Benzinga
Previous targets (3)
Ronald Keung
Goldman Sachs
100%
1/1
over 2 years ago $8 -68.25% downside $8.74 StreetInsider
Previous targets (0)
Lincoln Kong
Goldman Sachs
50%
1/2
almost 3 years ago $4.4 -82.53% downside $3.97 TheFly
Previous targets (1)
Leo Chiang
Deutsche Bank
100%
1/1
about 4 years ago $9 -64.28% downside $7.8 TheFly
Previous targets (0)
Binnie Wong
HSBC
100%
1/1
about 4 years ago $8 -68.25% downside $7.82 TheFly
Previous targets (0)
Ellie Jiang
Macquarie
100%
2/2
about 4 years ago $5.1 -79.76% downside $7.82 TheStreet
Previous targets (1)
Thomas Chong
Jefferies
0%
0/1
about 4 years ago $16 -36.50% downside $7.82 TheFly
Previous targets (0)
Bo Pei CFA
US Tiger Securities
0%
0/1
about 4 years ago $24 -4.76% downside $10.46 TipRanks
Previous targets (0)
Ivy Ji
Credit Suisse
0%
0/1
over 4 years ago $17 -32.53% downside $15.21 StreetInsider
Previous targets (0)
Connie Gu
BOCOM International Holdings Company
0%
0/1
over 4 years ago $23 -8.73% downside $14.85 StreetInsider
Previous targets (0)

Tencent Music Entertainment Group Financial Estimates

Tencent Music Entertainment Group Revenue Estimates

Tencent Music Entertainment Group EBITDA Estimates

Tencent Music Entertainment Group Earnings per Share Estimates

Passed Analyst forecast
Metric 12/31/2021 12/31/2022 12/31/2023 12/31/2025 12/31/2026 12/31/2027
Revenue
 
% change YoY
$31.24B
 
N/A
$28.33B
 
-9.29%
$27.75B
 
-2.07%
Avg: $32.30B
Low: $30.42B
High: $33.83B
avg. 16.39%
Avg: $35.95B
Low: $34.56B
High: $37.84B
avg. 11.30%
Avg: $37.26B
Low: $35.83B
High: $39.22B
avg. 3.64%
Net Income
 
% change YoY
$3.02B
 
N/A
$3.67B
 
21.39%
$4.92B
 
33.80%
Avg: $7.44B
Low: $37.33B
High: $65.22B
avg. 51.40%
Avg: $8.90B
Low: $49.25B
High: $76.41B
avg. 19.60%
Avg: $9.75B
Low: $9.26B
High: $10.41B
avg. 9.43%
EBITDA
 
% change YoY
$3.75B
 
N/A
$4.48B
 
19.39%
$7.17B
 
60.07%
Avg: $5.68B
Low: $5.35B
High: $5.95B
avg. -20.71%
Avg: $6.32B
Low: $6.08B
High: $6.66B
avg. 11.30%
Avg: $6.56B
Low: $6.30B
High: $6.90B
avg. 3.64%
EPS
 
% change YoY
$1.82
 
N/A
$1.15
 
-36.81%
$3.1
 
169.56%
Avg: $34.03
Low: $23.57
High: $41.18
avg. 997.61%
Avg: $40.26
Low: $31.09
High: $48.24
avg. 18.31%
Avg: $6.15
Low: $5.85
High: $6.58
avg. -84.71%
Operating Expenses
 
% change YoY
$6.68B
 
N/A
$5.55B
 
-16.89%
$3.73B
 
-32.76%
Avg: $6.25B
Low: $5.89B
High: $6.55B
avg. 67.51%
Avg: $6.96B
Low: $6.69B
High: $7.33B
avg. 11.30%
Avg: $7.21B
Low: $6.94B
High: $7.60B
avg. 3.64%

FAQ

What is Tencent Music Entertainment Group stock earnings growth forecast?

Wall Street analysts estimate the annual average earnings growth rate of 26.81% in 2025-2027.

We have gathered data from 14 analysts. Their low estimate is 37.33B, average is 7.44B and high is 65.22B.

What is Tencent Music Entertainment Group stock revenue growth forecast?

Wall Street analysts forecast annual average revenue growth of 10.44% in 2025-2027.

We have gathered data from 20 analysts. Their low revenue estimate is $30.42B, average is $32.30B and high is $33.83B.

What is Tencent Music Entertainment Group stock earnings per share growth forecast?

Wall Street analysts forecast annual average earnings growth of 310.40% in 2025-2027.

We have gathered data from 14 analysts. Their low earnings per share estimate is $23.57, average is $34.03 and high is $41.17.

What is the best performing analyst?

In the last twelve months 3 analysts have been covering Tencent Music Entertainment Group stock. The most successful analyst is Jiong Shao.