Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
18.61
+0.41 (2.25%)
At close: Jun 18, 2025, 4:00 PM
18.63
+0.02 (0.11%)
After-hours: Jun 18, 2025, 7:59 PM EDT
TME Stock Forecast
Stock Price Forecast
The 6 analysts that cover TME stock have a consensus rating of "Strong Buy" and an average price target of $15, which forecasts a -19.4% decrease in the stock price over the next year. The lowest target is $13 and the highest is $17.
Price Target: $15 (-19.4%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2025.
Analyst Ratings
The average analyst rating for TME stock 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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 4 | 4 | 4 | 2 |
| Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 9 | 9 | 9 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | -8.65% | Mar 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | -30.15% | Jan 21, 2025 |
| Barclays | Barclays | Buy Initiates $16 | Buy | Initiates | $16 | -14.02% | Nov 6, 2024 |
| Bernstein | Bernstein | Buy Initiates $14 | Buy | Initiates | $14 | -24.77% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $15 → $13 | Buy → Hold | Downgrades | $15 → $13 | -30.15% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
31.52B
from 28.40B
Increased by 10.99%
Revenue Next Year
35.25B
from 31.52B
Increased by 11.82%
EPS This Year
5.56
from 4.24
Increased by 31.19%
EPS Next Year
6.45
from 5.56
Increased by 15.89%
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.5B | 44.6B | 49.3B | ||
| Avg | 31.5B | 35.2B | 39.1B | ||
| Low | 28.5B | 31.3B | 33.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.9% | 41.6% | 39.9% | ||
| Avg | 11.0% | 11.8% | 10.8% | ||
| Low | 0.3% | -0.8% | -4.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 6.46 | 7.83 | 12.25 | |
| Avg | 5.56 | 6.45 | 7.46 | |
| Low | 2.84 | 3.14 | 3.43 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 52.3% | 40.7% | 90.1% | |
| Avg | 31.2% | 15.9% | 15.8% | |
| Low | -33.0% | -43.6% | -46.8% |
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.