Tencent Music Entertainment Group (TME) Stock Forecast
Data as of Aug 5, 2026Communication Services · Current price $9.63 (+1.00%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
TME vs Sector & Market
| Metric | TME | Communication Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.62 | 2.51 | 2.42 |
| Analyst Count | 8 | 9 | 18 |
| Target Upside | +70.3% | +176.3% | +17.1% |
| P/E Ratio | 8.75 | 5.00 | 36.31 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-03-31 | $8.79B | $8.92B | $9.07B | 2 |
| 2027-06-30 | $10.38B | $10.52B | $10.71B | 2 |
| 2027-09-30 | $10.30B | $10.44B | $10.62B | 2 |
| 2027-12-31 | $10.46B | $10.60B | $10.79B | 2 |
| 2028-03-31 | $9.64B | $9.77B | $9.94B | 1 |
| 2028-06-30 | $11.31B | $11.47B | $11.67B | 1 |
| 2028-09-30 | $11.11B | $11.27B | $11.46B | 1 |
| 2028-12-31 | $11.20B | $11.36B | $11.56B | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-03-31 | $1.59 | $1.62 | $1.66 | 2 |
| 2027-06-30 | $1.86 | $1.89 | $1.94 | 1 |
| 2027-09-30 | $1.85 | $1.88 | $1.93 | 1 |
| 2027-12-31 | $1.69 | $1.73 | $1.76 | 2 |
| 2028-03-31 | $1.68 | $1.71 | $1.75 | 3 |
| 2028-06-30 | $1.92 | $1.95 | $2.00 | 2 |
| 2028-09-30 | $1.80 | $1.84 | $1.88 | 2 |
| 2028-12-31 | $1.87 | $1.90 | $1.95 | 3 |
Frequently Asked Questions
What is the analyst consensus for TME?
The consensus among 8 analysts covering Tencent Music Entertainment Group (TME) is Hold with an average price target of $17.82.
What is the highest price target for TME?
The highest analyst price target for TME is $25.00.
What is the lowest price target for TME?
The lowest analyst price target for TME is $10.70.
How many analysts cover TME?
8 analysts have issued ratings for Tencent Music Entertainment Group in the past 12 months.
Is TME a buy or sell right now?
Based on 8 analyst ratings, TME has a consensus rating of Hold (2.62/5) with a +70.3% upside to the consensus target of $17.82.
What are the earnings estimates for TME?
Analysts estimate TME will report EPS of $1.62 for the period ending 2027-03-31, with revenue estimated at $8.92B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.