Tencent Music Entertainment Group (TME) — Analyst outlook / Analyst consensus target is. Based on 24 analyst ratings, the consensus is bullish — 11 Buy, 12 Hold, 1 Sell.
The consensus price target is $17.82 (low: $10.70, high: $25.00), representing an upside of 83.1% from the current price $9.73.
Analysts estimate Earnings Per Share (EPS) of $0.63 and revenue of $4.13B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $4.24 vs est $0.63 (beat +577.1%). 2025: actual $7.00 vs est $0.99 (beat +610.3%). Analyst accuracy: 14%.
TME Stock — 12-Month Price Forecast
$17.82
▲ +83.14% Upside
Average Price Target
Based on 24 Wall Street analysts offering 12-month price targets for Tencent Music Entertainment Group, the average price target is $17.82, with a high forecast of $25.00, and a low forecast of $10.70.
The average price target represents a +83.14% change from the last price of $9.73.
Highest Price Target
$25.00
Average Price Target
$17.82
Lowest Price Target
$10.70
TME Analyst Ratings
Hold
Based on 24 analysts giving stock ratings to Tencent Music Entertainment Group in the past 3 months
EPS Estimates — TME
14%
Analyst Accuracy
Inaccurate
2 years compared
Actual vs Estimate
2024
Actual $4.24
vs Est $0.63
▲ 85.2% off
2025
Actual $7.00
vs Est $0.99
▲ 85.9% off
Profitability Outlook
Company is profitable but with thin earnings per share. EPS trend is improving.
Revenue Estimates — TME
15%
Analyst Accuracy
Inaccurate
2 years compared
Actual vs Estimate
2024
Actual $28.401B
vs Est $4.133B
▲ 85.4% off
2025
Actual $32.006B
vs Est $4.764B
▲ 85.1% off
Revenue Trend
Moderate revenue growth trend. Analysts forecast revenue contraction ahead.
