Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
14.25
0.00 (0.00%)
May 8, 2025, 1:27 PM - Market open
TME Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for TME stock have an average target of 15, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 5.26% from the current stock price of 14.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2025.
Analyst Ratings
The average analyst rating for TME stock from 6 stock analysts 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 | +19.30% | Mar 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $13 | Hold → Buy | Upgrades | $13 | -8.77% | Jan 21, 2025 |
| Barclays | Barclays | Buy Initiates $16 | Buy | Initiates | $16 | +12.28% | Nov 6, 2024 |
| Bernstein | Bernstein | Buy Initiates $14 | Buy | Initiates | $14 | -1.75% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $15 → $13 | Buy → Hold | Downgrades | $15 → $13 | -8.77% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
31.27B
from 28.40B
Increased by 10.12%
Revenue Next Year
34.56B
from 31.27B
Increased by 10.51%
EPS This Year
5.74
from 4.24
Increased by 35.38%
EPS Next Year
6.61
from 5.74
Increased by 15.14%
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 | 33.0B | 36.8B | 40.9B | ||
| Avg | 31.3B | 34.6B | 38.0B | ||
| Low | 28.5B | 31.2B | 33.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.1% | 17.6% | 18.4% | ||
| Avg | 10.1% | 10.5% | 10.0% | ||
| Low | 0.3% | -0.1% | -2.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 6.46 | 7.58 | 11.38 | |
| Avg | 5.74 | 6.61 | 7.68 | |
| Low | 5.08 | 5.82 | 6.61 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 52.3% | 32.1% | 72.2% | |
| Avg | 35.4% | 15.1% | 16.2% | |
| Low | 19.7% | 1.4% | -0.1% |
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.