Dashboard Market News Pricing Contact Us
Search 100,000+ stocks...
English EN
Deutsch DE Español ES
Sign Up
Log in
Tencent Music Entertainment Group banner

Tencent Music Entertainment Group
F:63TA

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
F:63TA
Watchlist
Price: 6.78 EUR -0.59% Market Closed
Market Cap: €7.2B
Write Note Create Alert Ask AI

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 10.24 EUR with a low forecast of 3.66 EUR and a high forecast of 18.25 EUR.

63TA Lowest Forecast
Wall Street Target
€3.66
-46% Downside
63TA Average Forecast
Wall Street Target
€10.24
51% Upside
63TA Highest Forecast
Wall Street Target
€18.25
169% Upside
Lowest Forecast
Price Target
3.66 EUR
46% Downside
Average Forecast
Price Target
10.24 EUR
51% Upside
Highest Forecast
Price Target
18.25 EUR
169% Upside
Tencent Music Entertainment Group Competitors:
Price Targets

Revenue
Forecast

15% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
15% / Year
Past Growth
5% / 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 5%.

What are analyst estimates?

Gross Profit
Forecast

18% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
18% / Year
Past Growth
11% / 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 5 years is 11%.

What are analyst estimates?

Operating Income
Forecast

28% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
28% / Year
Past Growth
13% / 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 5 years is 13%.

What are analyst estimates?

Pre-Tax Income
Forecast

30% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss
30% / Year
Past Growth
0% / 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 0%.

What are analyst estimates?

Net Income
Forecast

30% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-17%
Average Miss
30% / Year
Past Growth
6% / 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 5 years is 6%.

What are analyst estimates?

Continue 63TA Research

Summary
63TA intrinsic value, competitors valuation, and company profile.
DCF Valuation
63TA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
63TA stock valuation using valuation multiples.
Wall St Estimates
63TA price targets and financial estimates made by Wall Street analysts.
Profitability
Detailed analysis of the company's profitability.
Solvency
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
63TA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall St Estimates
Profitability
Solvency
Financials
Discount Rate
Other Tencent Music Entertainment Group listings:
NYSE • USD
TME
 HKEX • HKD
1698
 F • EUR
63T
 LSE • USD
0A2Z
 OTC • USD
TCMEF
Discover More
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
10.24 EUR

According to Wall Street analysts, the average 1-year price target for 63TA is 10.24 EUR with a low forecast of 3.66 EUR and a high forecast of 18.25 EUR.

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

Over the last 8 years, the compound annual growth rate for Revenue has been 15%. The projected CAGR for the next 8 years is 5%.

What is the Gross Profit forecast for Tencent Music Entertainment Group?
Projected CAGR
11%

Over the last 8 years, the compound annual growth rate for Gross Profit has been 18%. The projected CAGR for the next 5 years is 11%.

What is the Operating Income forecast for Tencent Music Entertainment Group?
Projected CAGR
13%

Over the last 8 years, the compound annual growth rate for Operating Income has been 28%. The projected CAGR for the next 5 years is 13%.

What is the Pre-Tax Income forecast for Tencent Music Entertainment Group?
Projected CAGR
0%

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 0%.

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

Over the last 8 years, the compound annual growth rate for Net Income has been 30%. The projected CAGR for the next 5 years is 6%.

Back to Top
ALPHA SPREAD
Follow us
Join 358,000+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Valuation Backtest Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.