NYSE: TMETencent Music Entertainment Group Stock Forecast, Predictions & Price Target
Analyst price target for TME
Based on 12 analysts offering 12 month price targets for Tencent Music Entertainment Group.
Min Forecast
$10.00-21.14%
Avg Forecast
$12.02-5.23%
Max Forecast
$14.00+10.41%
Should I buy or sell TME stock?
Based on 12 analysts offering ratings for Tencent Music Entertainment Group.
Strong Buy
Strong Buy
10 analysts 83.33%
Buy
1 analysts 8.33%
Hold
1 analysts 8.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
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TME stock forecasts by analyst
| Analyst / Firm | Rating | Action | Price Target | Upside/Downside | Date | Analyst Color |
|---|---|---|---|---|---|---|
| locked | locked | $00.00 | +00.00% | 2024-03-20 | ||
| locked | locked | $00.00 | +00.00% | 2024-03-20 | ||
| locked | locked | $00.00 | +00.00% | 2024-03-20 | ||
| locked | locked | $00.00 | +00.00% | 2024-03-20 | ||
| locked | locked | $00.00 | +00.00% | 2024-03-20 | ||
| Strong Buy | Maintains | $12.30 | -3.00% | 2024-03-20 | ||
| Strong Buy | Upgrades | $13.00 | +2.52% | 2024-03-20 | ||
| Strong Buy | Initiates Coverage On | $12.00 | -5.36% | 2024-02-05 | ||
| Buy | Initiates Coverage On | $10.50 | -17.19% | 2024-02-05 | ||
| Strong Buy | Upgrades | $10.50 | -17.19% | 2024-01-24 |
Forecast return on equity
Is TME forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%
Forecast return on assets
Is TME forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A
TME revenue forecast
What is TME's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$4.0B+0.94%
Avg 2 year Forecast
$5.7B+44.73%
Avg 3 year Forecast
$5.0B+28.35%
TME's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast
TME earnings growth forecast
How is TME forecast to perform vs Internet Content & Information companies and vs the US market?
Company
-2.1%
Industry
9.49%
Market
21.46%
TME's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TME's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TME's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast
TME revenue growth forecast
How is TME forecast to perform vs Internet Content & Information companies and vs the US market?
Company
14.29%
Industry
8.66%
Market
9.92%
TME's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TME's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast
TME vs Internet Content & Information Stocks
Tencent Music Entertainment Group Stock Forecast FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.