TME Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for TME stock have an average target of 23.02, with a low estimate of 14.1 and a high estimate of 29. The average target predicts an increase of 69.08% from the current stock price of 13.62.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$14.1	$23.02	$25	$29
Change	+3.56%	+69.08%	+83.62%	+113.00%

Analyst Ratings

The average analyst rating for TME stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	3	2	2	2	2	2
Buy	4	3	4	4	4	3
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	5	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ellie Jiang Macquarie	Macquarie	Buy → Hold Downgrades $14	Buy → Hold	Downgrades	$14	+3.56%	Mar 5, 2026
Yang Liu Morgan Stanley	Morgan Stanley	Buy Maintains $28 → $25	Buy	Maintains	$28 → $25	+83.62%	Dec 22, 2025
Fawne Jiang Benchmark	Benchmark	Strong Buy Maintains $28 → $25	Strong Buy	Maintains	$28 → $25	+83.62%	Nov 13, 2025
Jiong Shao Barclays	Barclays	Buy Maintains $27 → $28	Buy	Maintains	$27 → $28	+105.66%	Nov 12, 2025
Fawne Jiang Benchmark	Benchmark	Strong Buy Maintains $19 → $28	Strong Buy	Maintains	$19 → $28	+105.66%	Aug 13, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

32.89B

from 28.40B

15.80%

from 28.40B

Revenue Next Year

37.20B

from 32.89B

13.12%

from 32.89B

EPS This Year

6.10

from 4.24

43.79%

from 4.24

EPS Next Year

6.87

from 6.10

12.68%

from 6.10

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	29.15B	31.24B	28.34B	27.75B	28.40B	32.89B	37.20B
Revenue Growth	14.62%	7.17%	-9.30%	-2.07%	2.34%	15.80%	13.12%
EPS	2.48	1.80	2.28	3.10	4.24	6.10	6.87
EPS Growth	4.20%	-27.42%	26.67%	35.97%	36.77%	43.79%	12.68%
Forward PE	-	-	-	-	-	15.40	13.67
No. Analysts	-	-	-	-	-	32	32

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	34.4B	39.3B
Avg	32.9B	37.2B
Low	28.5B	32.8B

Revenue Growth

Revenue Growth	2025	2026
High	21.3%	19.5%
Avg	15.8%	13.1%
Low	0.3%	-0.4%

EPS Forecast

EPS	2025	2026
High	6.72	7.71
Avg	6.10	6.87
Low	2.96	3.41

EPS Growth

EPS Growth	2025	2026
High	58.5%	26.4%
Avg	43.8%	12.7%
Low	-30.2%	-44.1%

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.