Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
13.62
+0.15 (1.11%)
At close: Mar 6, 2026, 4:00 PM EST
13.58
-0.04 (-0.29%)
After-hours: Mar 6, 2026, 7:03 PM EST
TME Stock Forecast
Stock Price Forecast
The 6 analysts that cover TME stock have a consensus rating of "Buy" and an average price target of $23.02, which forecasts a 69.02% increase in the stock price over the next year. The lowest target is $14.1 and the highest is $29.
Price Target: $23.02 (+69.02%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TME stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 3 | 4 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy → Hold Downgrades $14 | Buy → Hold | Downgrades | $14 | +3.52% | Mar 5, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $28 → $25 | Buy | Maintains | $28 → $25 | +83.55% | Dec 22, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $28 → $25 | Strong Buy | Maintains | $28 → $25 | +83.55% | Nov 13, 2025 |
| Barclays | Barclays | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +105.58% | Nov 12, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $19 → $28 | Strong Buy | Maintains | $19 → $28 | +105.58% | Aug 13, 2025 |
Financial Forecast
Revenue This Year
32.89B
from 28.40B
Increased by 15.80%
Revenue Next Year
37.20B
from 32.89B
Increased by 13.12%
EPS This Year
6.10
from 4.24
Increased by 43.79%
EPS Next Year
6.87
from 6.10
Increased by 12.68%
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 34.4B | 39.3B | ||||
| Avg | 32.9B | 37.2B | ||||
| Low | 28.5B | 32.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 21.3% | 19.5% | ||||
| Avg | 15.8% | 13.1% | ||||
| Low | 0.3% | -0.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 6.72 | 7.71 | ||||
| Avg | 6.10 | 6.87 | ||||
| Low | 2.96 | 3.41 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 58.5% | 26.4% | ||||
| Avg | 43.8% | 12.7% | ||||
| Low | -30.2% | -44.1% |
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.