Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
9.19
-0.17 (-1.82%)
At close: Apr 28, 2026, 4:00 PM EDT
9.22
+0.03 (0.32%)
After-hours: Apr 28, 2026, 7:56 PM EDT
TME Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for TME stock have an average target of 19.44, with a low estimate of 12 and a high estimate of 29. The average target predicts an increase of 111.53% from the current stock price of 9.19.
Analyst Consensus: Buy
* Price targets were last updated on Mar 19, 2026.
Analyst Ratings
The average analyst rating for TME stock from 8 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 3 | 4 | 4 | 4 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $28 → $20 | Buy | Maintains | $28 → $20 | +117.63% | Mar 19, 2026 |
| UBS | UBS | Strong Buy → Hold Downgrades $26 → $13 | Strong Buy → Hold | Downgrades | $26 → $13 | +41.46% | Mar 18, 2026 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $12 | Buy → Hold | Downgrades | $12 | +30.58% | Mar 18, 2026 |
| Mizuho | Mizuho | Buy Maintains $28 → $23 | Buy | Maintains | $28 → $23 | +150.27% | Mar 18, 2026 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 18, 2026 |
Financial Forecast
Revenue This Year
36.43B
from 32.90B
Increased by 10.73%
Revenue Next Year
40.14B
from 36.43B
Increased by 10.19%
EPS This Year
6.69
from 7.12
Decreased by -6.06%
EPS Next Year
7.38
from 6.69
Increased by 10.34%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 39.1B | 51.4B | ||||||
| Avg | 36.4B | 40.1B | ||||||
| Low | 34.6B | 36.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 18.8% | 41.2% | ||||||
| Avg | 10.7% | 10.2% | ||||||
| Low | 5.0% | 1.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 7.39 | 8.53 | ||||||
| Avg | 6.69 | 7.38 | ||||||
| Low | 6.26 | 6.70 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 3.8% | 27.5% | ||||||
| Avg | -6.1% | 10.3% | ||||||
| Low | -12.0% | 0.2% |
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.