Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
12.28
-0.05 (-0.45%)
Apr 17, 2025, 4:00 PM EDT - Market closed
TME Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for TME stock have an average target of 15, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 22.20% from the current stock price of 12.28.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2025.
Analyst Ratings
The average analyst rating for TME stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 7 | 6 | 6 | 4 | 2 |
Buy | 5 | 5 | 5 | 5 | 4 | 4 |
Hold | 2 | 2 | 1 | 1 | 1 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 14 | 12 | 12 | 9 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Mizuho | Mizuho | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +38.49% | Mar 19, 2025 |
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | +5.91% | Jan 21, 2025 |
Barclays | Barclays | Buy Initiates $16 | Buy | Initiates | $16 | +30.35% | Nov 6, 2024 |
Bernstein | Bernstein | Buy Initiates $14 | Buy | Initiates | $14 | +14.05% | Nov 4, 2024 |
Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $15 → $13 | Buy → Hold | Downgrades | $15 → $13 | +5.91% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
31.29B
from 28.40B
Increased by 10.17%
Revenue Next Year
34.56B
from 31.29B
Increased by 10.46%
EPS This Year
5.53
from 4.24
Increased by 30.52%
EPS Next Year
6.17
from 5.53
Increased by 11.56%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 33.0B | 36.8B | 40.9B | ||
Avg | 31.3B | 34.6B | 38.0B | ||
Low | 28.5B | 31.2B | 33.7B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 16.1% | 17.6% | 18.4% | ||
Avg | 10.2% | 10.5% | 9.9% | ||
Low | 0.3% | -0.2% | -2.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 6.26 | 7.58 | 8.98 | |
Avg | 5.53 | 6.17 | 6.99 | |
Low | 2.65 | 2.94 | 3.35 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 47.6% | 37.0% | 45.4% | |
Avg | 30.5% | 11.6% | 13.3% | |
Low | -37.6% | -46.9% | -45.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.