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Tencent Music Entertainment Group
F:63T

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Tencent Music Entertainment Group
F:63T
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Price: 4.052 EUR 5.25% Market Closed
Market Cap: €12.6B

Wall St Price Targets

63T Price Targets Summary
Tencent Music Entertainment Group

Wall Street analysts forecast 63T stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for 63T is 19.511 EUR with a low forecast of 11.124 EUR and a high forecast of 32.424 EUR.

Lowest Forecast
Price Target
11.124 EUR
175% Upside
Average Forecast
Price Target
19.511 EUR
382% Upside
Highest Forecast
Price Target
32.424 EUR
700% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
CONCORDBIO
Concord Biotech Ltd
12% Upside

Revenue
Forecast

15% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 8 years is 6%.

Operating Income
Forecast

28% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
28% / Year
Past Growth
8% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 8 years is 8%.

Net Income
Forecast

30% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss
30% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 4 years is 5%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is 63T's stock price target?
Price Target
19.511 EUR

According to Wall Street analysts, the average 1-year price target for 63T is 19.511 EUR with a low forecast of 11.124 EUR and a high forecast of 32.424 EUR.

What is the Revenue forecast for Tencent Music Entertainment Group?
Projected CAGR
6%

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 8 years is 6%.

What is the Operating Income forecast for Tencent Music Entertainment Group?
Projected CAGR
8%

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 8 years is 8%.

What is the Net Income forecast for Tencent Music Entertainment Group?
Projected CAGR
5%

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 4 years is 5%.

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