Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
25.60
+0.21 (0.83%)
At close: Aug 13, 2025, 4:00 PM
25.58
-0.02 (-0.08%)
After-hours: Aug 13, 2025, 7:53 PM EDT

TME Stock Forecast

Stock Price Forecast

According to 7 professional analysts, the 12-month price target for TME stock ranges from a low of $13 to a high of $29. The average analyst price target of $20.43 forecasts a -20.20% decrease in the stock price over the next year.

Price Target: $20.43 (-20.20%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13 $20.43 $17 $29
Change -49.22% -20.20% -33.59% +13.28%

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 '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 444443
Buy 444444
Hold 111110
Sell 000000
Strong Sell 000000
Total 999997

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$19$28
Strong Buy Maintains $19$28 +9.37% Aug 13, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$23$29
Strong Buy Maintains $23$29 +13.28% Aug 12, 2025
Barclays
Barclays
Buy
Maintains
$16$27
Buy Maintains $16$27 +5.47% Aug 12, 2025
Mizuho
Mizuho
Buy
Maintains
$16$17
Buy Maintains $16$17 -33.59% Mar 19, 2025
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$13
Buy Upgrades $13 -49.22% Jan 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
31.54B
from 28.40B
Increased by 11.06%
Revenue Next Year
35.30B
from 31.54B
Increased by 11.92%
EPS This Year
5.56
from 4.24
Increased by 31.18%
EPS Next Year
6.46
from 5.56
Increased by 16.18%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
29.15B31.24B28.34B27.75B28.40B31.54B35.30B39.19B
Revenue Growth
14.62%7.17%-9.30%-2.07%2.34%11.06%11.92%11.01%
EPS
2.481.802.283.104.245.566.467.49
EPS Growth
4.20%-27.42%26.67%35.97%36.77%31.18%16.18%15.89%
Forward PE
-----33.0228.4224.53
No. Analysts
-----303022
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 33.5B 44.6B 49.3B
Avg 31.5B 35.3B 39.2B
Low 28.5B 31.3B 33.8B

Revenue Growth

Revenue Growth 20252026202720282029
High
17.9%
41.5%
39.7%
Avg
11.1%
11.9%
11.0%
Low
0.3%
-0.9%
-4.3%

EPS Forecast

EPS 2025202620272028
High 6.46 7.83 12.25
Avg 5.56 6.46 7.49
Low 2.84 3.14 3.43

EPS Growth

EPS Growth 2025202620272028
High
52.3%
40.7%
89.6%
Avg
31.2%
16.2%
15.9%
Low
-33.0%
-43.6%
-46.9%
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.