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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: 3.583 EUR 1.21% Market Closed
Market Cap: €11.1B

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 18.902 EUR with a low forecast of 10.841 EUR and a high forecast of 33.477 EUR.

Lowest Forecast
Price Target
10.841 EUR
203% Upside
Average Forecast
Price Target
18.902 EUR
428% Upside
Highest Forecast
Price Target
33.477 EUR
834% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
SEAT
Vivid Seats Inc
40% Upside

Revenue
Forecast

15% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
9% / 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 3 years is 9%.

Gross Profit
Forecast

18% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
18% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 8 years, the compound annual growth rate for Gross Profit has been 18%. The projected CAGR for the next 3 years is 10%.

Operating Income
Forecast

28% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
28% / Year
Past Growth
11% / 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 3 years is 11%.

Pre-Tax Income
Forecast

30% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss
30% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Over the last 8 years, the compound annual growth rate for Pre-Tax Income has been 30%. The projected CAGR for the next 3 years is 3%.

Net Income
Forecast

30% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-17%
Average Miss
30% / Year
Past Growth
3% / Year
Estimated Growth
Estimates Accuracy
-17%
Average Miss

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 3 years is 3%.

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
18.902 EUR

According to Wall Street analysts, the average 1-year price target for 63T is 18.902 EUR with a low forecast of 10.841 EUR and a high forecast of 33.477 EUR.

What is the Revenue forecast for Tencent Music Entertainment Group?
Projected CAGR
9%

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 3 years is 9%.

What is the Gross Profit forecast for Tencent Music Entertainment Group?
Projected CAGR
10%

Over the last 8 years, the compound annual growth rate for Gross Profit has been 18%. The projected CAGR for the next 3 years is 10%.

What is the Operating Income forecast for Tencent Music Entertainment Group?
Projected CAGR
11%

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 3 years is 11%.

What is the Pre-Tax Income forecast for Tencent Music Entertainment Group?
Projected CAGR
3%

Over the last 8 years, the compound annual growth rate for Pre-Tax Income has been 30%. The projected CAGR for the next 3 years is 3%.

What is the Net Income forecast for Tencent Music Entertainment Group?
Projected CAGR
3%

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 3 years is 3%.

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