Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
17.67
+0.05 (0.28%)
At close: Dec 29, 2025, 4:00 PM EST
17.81
+0.14 (0.79%)
After-hours: Dec 29, 2025, 7:43 PM EST

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 $22.83, which forecasts a 29.20% increase in the stock price over the next year. The lowest target is $13 and the highest is $29.

Price Target: $22.83 (+29.20%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$13$22.83$25$29
Change-26.43%+29.20%+41.48%+64.12%

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

RatingJul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy433322
Buy444434
Hold100000
Sell000000
Strong Sell000000
Total977756

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$28$25
BuyMaintains$28$25+41.48%Dec 22, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$28$25
Strong BuyMaintains$28$25+41.48%Nov 13, 2025
Barclays
Barclays
Buy
Maintains
$27$28
BuyMaintains$27$28+58.46%Nov 12, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$19$28
Strong BuyMaintains$19$28+58.46%Aug 13, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$23$29
Strong BuyMaintains$23$29+64.12%Aug 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
32.88B
from 28.40B
Increased by 15.76%
Revenue Next Year
37.17B
from 32.88B
Increased by 13.06%
EPS This Year
6.00
from 4.24
Increased by 41.58%
EPS Next Year
6.88
from 6.00
Increased by 14.52%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
29.15B31.24B28.34B27.75B28.40B32.88B37.17B
Revenue Growth
14.62%7.17%-9.30%-2.07%2.34%15.76%13.06%
EPS
2.481.802.283.104.246.006.88
EPS Growth
4.20%-27.42%26.67%35.97%36.77%41.58%14.52%
Forward PE
-----20.6218.01
No. Analysts
-----3333
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027202820292030
High34.4B39.3B
Avg32.9B37.2B
Low28.5B32.8B

Revenue Growth

Revenue Growth202520262027202820292030
High
21.3%
19.5%
Avg
15.8%
13.1%
Low
0.3%
-0.3%

EPS Forecast

EPS202520262027202820292030
High6.727.71
Avg6.006.88
Low2.963.41

EPS Growth

EPS Growth202520262027202820292030
High
58.5%
28.4%
Avg
41.6%
14.5%
Low
-30.2%
-43.2%
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.