Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
10.09
-0.20 (-1.94%)
At close: Mar 20, 2026, 4:00 PM EDT
10.14
+0.05 (0.50%)
After-hours: Mar 20, 2026, 7:59 PM EDT
TME Stock Forecast
Stock Price Forecast
The 7 analysts that cover TME stock have a consensus rating of "Buy" and an average price target of $19.44, which forecasts a 92.67% increase in the stock price over the next year. The lowest target is $12 and the highest is $29.
Price Target: $19.44 (+92.67%)
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 | 1 |
| Buy | 4 | 3 | 4 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 6 | 6 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $28 → $20 | Buy | Maintains | $28 → $20 | +98.22% | Mar 19, 2026 |
| UBS | UBS | Strong Buy → Hold Downgrades $26 → $13 | Strong Buy → Hold | Downgrades | $26 → $13 | +28.84% | Mar 18, 2026 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $12 | Buy → Hold | Downgrades | $12 | +18.93% | Mar 18, 2026 |
| Mizuho | Mizuho | Buy Maintains $28 → $23 | Buy | Maintains | $28 → $23 | +127.95% | Mar 18, 2026 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 18, 2026 |
Financial Forecast
Revenue This Year
36.91B
from 32.90B
Increased by 12.17%
Revenue Next Year
41.18B
from 36.91B
Increased by 11.58%
EPS This Year
6.87
from 7.12
Decreased by -3.52%
EPS Next Year
7.75
from 6.87
Increased by 12.89%
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 39.3B | 54.3B | |||
| Avg | 36.9B | 41.2B | |||
| Low | 32.8B | 35.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 19.4% | 47.2% | |||
| Avg | 12.2% | 11.6% | |||
| Low | -0.4% | -4.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 7.71 | 8.95 | |||
| Avg | 6.87 | 7.75 | |||
| Low | 3.41 | 4.12 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 8.2% | 30.3% | |||
| Avg | -3.5% | 12.9% | |||
| Low | -52.1% | -40.1% |
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.