Tencent Music Entertainment Group Overview
Tencent Music Entertainment Group Target Price
Analysts' 12-month price predictions for TME.
Share Price
$24.49
Average Target Price
$27.83
13.7% upside
13.7% upside3 analysts in the last 4 months
High: $29.8 | Low: $26.2
Analyst Recommendations
No recommendations in the last 4 months.
Revenue & Income Forecast
Analysts' Target Prices
| Date | Analyst | Price Target | Current Upside/Downside | |
|---|---|---|---|---|
| 2025-08-13 | BernsteinBoris Van | $27.5 | 12.3% upside |  |
| 2025-08-12 | MacquarieEllie Jiang | $29.8 | 21.7% upside | |
| 2025-06-17 | MacquarieEllie Jiang | $26.2 | 7% upside | |
| 2024-11-06 | BarclaysJiong Shao | $16 |  34.7% downside | |
| 2024-11-04 | BernsteinBoris Van | $14 | 42.8% downside | |
| 2024-09-25 | Morgan StanleyYang Liu | $13 | 46.9% downside | |
| 2024-08-14 | Bank of America SecuritiesLei Zhang | $15 | 38.8% downside | |
| 2024-08-14 | 86ResearchCharlie Chai | $12 | 51% downside | |
| 2024-08-13 | DaiwaCandis Chan | $12 | 51% downside | |
| 2024-05-14 | CFRAAhmad Halim | $17 | 30.6% downside | |
| 2024-05-14 | Mizuho SecuritiesWei Fang | $17 | 30.6% downside | |
| 2024-05-10 | Mizuho SecuritiesWei Fang | $15 | 38.8% downside | |
| 2024-03-20 | Goldman SachsLincoln Kong | $14 | 42.8% downside | |
| 2024-03-20 | CitigroupAlicia Yap | $12.3 | 49.8% downside | |
| 2024-03-20 | HSBCCharlene Liu | $10.4 | 57.5% downside | |
| 2024-03-19 | Mizuho SecuritiesWei Fang | $13 | 46.9% downside | |
| 2024-01-24 | UBSKenneth Fong | $10.5 | 57.1% downside | |
| 2024-01-10 | MacquarieEllie Jiang | $11 | 55.1% downside | |
| 2023-05-17 | Mizuho SecuritiesWei Fang | $11 | 55.1% downside | |
| 2023-01-09 | Goldman SachsRonald Keung | $8 | 67.3% downside | |
| 2022-11-06 | Goldman SachsLincoln Kong | $4.4 | 82% downside | |
| 2021-08-18 | Deutsche BankLeo Chiang | $9 | 63.3% downside | |
| 2021-08-17 | MacquarieEllie Jiang | $5.1 | 79.2% downside | |
| 2021-08-17 | JefferiesThomas Chong | $16 | 34.7% downside | |
| 2021-08-17 | HSBCBinnie Wong | $8 | 67.3% downside | |
| 2021-07-26 | US Tiger SecuritiesBo Pei CFA | $24 | 2% downside | |
| 2021-05-20 | Credit SuisseIvy Ji | $17 | 30.6% downside | |
| 2021-05-18 | BOCOM International Holdings CompanyConnie Gu | $23 | 6.1% downside | |