Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
8.39
+0.23 (2.82%)
At close: Jun 26, 2026, 4:00 PM EDT
8.36
-0.03 (-0.36%)
After-hours: Jun 26, 2026, 7:58 PM EDT
TME Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for TME stock have an average target of 15.48, with a low estimate of 10 and a high estimate of 21. The average target predicts an increase of 84.51% from the current stock price of 8.39.
Analyst Consensus: Buy
* Price targets were last updated on May 19, 2026.
Analyst Ratings
The average analyst rating for TME stock from 30 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 22 | 22 | 18 | 18 | 18 | 18 |
| Buy | 8 | 8 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 8 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 32 | 30 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $10 | Hold | Maintains | $10 | +19.19% | May 19, 2026 |
| CMB International Securities | CMB International Securities | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +108.58% | May 13, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $23 → $18 | Buy | Maintains | $23 → $18 | +114.54% | May 13, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $18 → $15 | Buy | Maintains | $18 → $15 | +78.78% | May 13, 2026 |
| Barclays | Barclays | Buy Reiterates $20 | Buy | Reiterates | $20 | +138.38% | May 13, 2026 |
Financial Forecast
Revenue This Year
35.59B
from 32.90B
Increased by 8.18%
Revenue Next Year
39.26B
from 35.59B
Increased by 10.30%
EPS This Year
3.76
from 3.50
Increased by 7.40%
EPS Next Year
4.15
from 3.76
Increased by 10.37%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 36.2B | 44.0B | |
| Avg | 35.6B | 39.3B | |
| Low | 34.5B | 37.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.0% | 23.5% | |
| Avg | 8.2% | 10.3% | |
| Low | 4.7% | 3.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.90 | 4.45 | |
| Avg | 3.76 | 4.15 | |
| Low | 3.61 | 3.94 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.6% | 18.5% | |
| Avg | 7.4% | 10.4% | |
| Low | 3.2% | 5.0% |
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.