Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
24.90
-0.92 (-3.56%)
At close: Aug 28, 2025, 4:00 PM
24.92
+0.02 (0.08%)
After-hours: Aug 28, 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 $21.33, which forecasts a -14.34% decrease in the stock price over the next year. The lowest target is $13 and the highest is $29.
Price Target: $21.33 (-14.34%)
Analyst Consensus: Strong Buy
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 2 |
| Buy | 4 | 4 | 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 | 9 | 9 | 9 | 9 | 9 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $19 → $28 | Strong Buy | Maintains | $19 → $28 | +12.45% | Aug 13, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $23 → $29 | Strong Buy | Maintains | $23 → $29 | +16.47% | Aug 12, 2025 |
| Barclays | Barclays | Buy Maintains $16 → $27 | Buy | Maintains | $16 → $27 | +8.43% | Aug 12, 2025 |
| Mizuho | Mizuho | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | -31.73% | Mar 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | -47.79% | Jan 21, 2025 |
Financial Forecast
Revenue This Year
32.58B
from 28.40B
Increased by 14.70%
Revenue Next Year
37.25B
from 32.58B
Increased by 14.36%
EPS This Year
5.79
from 4.24
Increased by 36.57%
EPS Next Year
6.83
from 5.79
Increased by 17.93%
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 | 34.3B | 47.3B | |||
| Avg | 32.6B | 37.3B | |||
| Low | 28.5B | 32.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.9% | 45.2% | |||
| Avg | 14.7% | 14.4% | |||
| Low | 0.3% | 0.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.66 | 8.36 | |||
| Avg | 5.79 | 6.83 | |||
| Low | 2.95 | 3.45 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 57.0% | 44.3% | |||
| Avg | 36.6% | 17.9% | |||
| Low | -30.4% | -40.4% |
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.