Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
9.13
-0.08 (-0.87%)
May 28, 2026, 3:25 PM EDT - Market open
TME Stock Forecast
Stock Price Forecast
According to 30 analysts polled by S&P Global, TME stock has a consensus rating of "Buy" and an average price target of $15.9. The average 1-year stock price forecast is 74.15% higher than the current stock price, while the lowest is $10.01 (+9.64%) and the highest is $29.29 (+220.81%).
Price Target: $15.9 (+74.15%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 21 | 22 | 22 | 18 | 18 | 18 |
| Buy | 9 | 8 | 8 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 32 | 32 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $10 | Hold | Maintains | $10 | +9.53% | May 19, 2026 |
| CMB International Securities | CMB International Securities | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +91.68% | May 13, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $23 → $18 | Buy | Maintains | $23 → $18 | +97.15% | May 13, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $18 → $15 | Buy | Maintains | $18 → $15 | +64.29% | May 13, 2026 |
| Barclays | Barclays | Buy Reiterates $20 | Buy | Reiterates | $20 | +119.06% | May 13, 2026 |
Financial Forecast
Revenue This Year
36.02B
from 32.90B
Increased by 9.46%
Revenue Next Year
39.45B
from 36.02B
Increased by 9.53%
EPS This Year
6.64
from 7.12
Decreased by -6.73%
EPS Next Year
7.24
from 6.64
Increased by 9.03%
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 39.1B | 46.2B | ||||||
| Avg | 36.0B | 39.4B | ||||||
| Low | 33.7B | 35.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 18.8% | 28.2% | ||||||
| Avg | 9.5% | 9.5% | ||||||
| Low | 2.4% | -2.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 7.28 | 8.21 | ||
| Avg | 6.64 | 7.24 | ||
| Low | 6.21 | 6.22 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 2.3% | 23.7% | ||
| Avg | -6.7% | 9.0% | ||
| Low | -12.7% | -6.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.