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Tencent Music Entertainment Group
F:63TA

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Tencent Music Entertainment Group
F:63TA
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Price: 7.84 EUR -4.16% Market Closed
Market Cap: €8.4B

Wall St Price Targets

63TA Price Targets Summary
Tencent Music Entertainment Group

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

According to Wall Street analysts, the average 1-year price target for 63TA is 16.73 EUR with a low forecast of 9.15 EUR and a high forecast of 26.66 EUR.

Lowest Forecast
Price Target
9.15 EUR
17% Upside
Average Forecast
Price Target
16.73 EUR
113% Upside
Highest Forecast
Price Target
26.66 EUR
240% Upside
Tencent Music Entertainment Group Competitors:
Price Targets
MCS
Marcus Corp
36% Upside
TPRO
Technoprobe SpA
-11% Downside

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 63TA's stock price target?
Price Target
16.73 EUR

According to Wall Street analysts, the average 1-year price target for 63TA is 16.73 EUR with a low forecast of 9.15 EUR and a high forecast of 26.66 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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