Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
17.87
-0.04 (-0.22%)
At close: May 28, 2025, 4:00 PM
17.88
+0.01 (0.06%)
After-hours: May 28, 2025, 7:53 PM EDT
TME Stock Forecast
Stock Price Forecast
According to 6 professional analysts, the 12-month price target for TME stock ranges from a low of $13 to a high of $17. The average analyst price target of $15 forecasts a -16.06% decrease in the stock price over the next year.
Price Target: $15.00 (-16.06%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 4 | 4 | 2 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 2 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 12 | 12 | 9 | 9 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | -4.87% | Mar 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | -27.25% | Jan 21, 2025 |
| Barclays | Barclays | Buy Initiates $16 | Buy | Initiates | $16 | -10.46% | Nov 6, 2024 |
| Bernstein | Bernstein | Buy Initiates $14 | Buy | Initiates | $14 | -21.66% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $15 → $13 | Buy → Hold | Downgrades | $15 → $13 | -27.25% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
31.40B
from 28.40B
Increased by 10.55%
Revenue Next Year
34.65B
from 31.40B
Increased by 10.35%
EPS This Year
5.62
from 4.24
Increased by 32.52%
EPS Next Year
6.38
from 5.62
Increased by 13.53%
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 | 37.0B | 40.9B | ||
| Avg | 31.4B | 34.6B | 38.0B | ||
| Low | 28.5B | 31.2B | 33.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.9% | 17.7% | 18.1% | ||
| Avg | 10.5% | 10.4% | 9.8% | ||
| Low | 0.3% | -0.5% | -2.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 6.46 | 7.63 | 11.38 | |
| Avg | 5.62 | 6.38 | 7.34 | |
| Low | 2.92 | 3.32 | 3.69 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 52.3% | 35.9% | 78.4% | |
| Avg | 32.5% | 13.5% | 15.1% | |
| Low | -31.1% | -40.9% | -42.1% |
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.