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Tencent Music Entertainment Group banner

Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
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Price: 7.718 USD -0.67% Market Closed
Market Cap: $11.9B
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Wall St Price Targets

TME Price Targets Summary
Tencent Music Entertainment Group

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

According to Wall Street analysts, the average 1-year price target for TME is 11.781 USD with a low forecast of 4.209 USD and a high forecast of 21 USD.

TME Lowest Forecast
Wall Street Target
$4.209
-45% Downside
TME Average Forecast
Wall Street Target
$11.781
53% Upside
TME Highest Forecast
Wall Street Target
$21
172% Upside
Lowest Forecast
Price Target
4.209 USD
45% Downside
Average Forecast
Price Target
11.781 USD
53% Upside
Highest Forecast
Price Target
21 USD
172% 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 TME Research

Summary
TME intrinsic value, competitors valuation, and company profile.
DCF Valuation
TME stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TME stock valuation using valuation multiples.
Wall St Estimates
TME 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
TME 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:
F • EUR
63TA
 HKEX • HKD
1698
 F • EUR
63T
 LSE • USD
0A2Z
 OTC • USD
TCMEF
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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 TME's stock price target?
Price Target
11.781 USD

According to Wall Street analysts, the average 1-year price target for TME is 11.781 USD with a low forecast of 4.209 USD and a high forecast of 21 USD.

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%.

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