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: 13.36 USD 0.45% Market Closed
Market Cap: 22.6B USD
Section:
Wall Street Price Targets
Wall Street Price Targets
Revenue Forecast
Operating Income Forecast
Net Income Forecast
See Also
Price Target
Average
-24%
Revenue
Forecast
+10%
Operating Income
Forecast
N/A
Net Income
Forecast
N/A

Wall Street
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 16.5 USD with a low forecast of 12.12 USD and a high forecast of 20.06 USD.

TME Lowest Forecast
Wall Street Target
12.12 USD
9% Downside
TME Average Forecast
Wall Street Target
16.5 USD
24% Upside
TME Highest Forecast
Wall Street Target
20.06 USD
50% Upside
Lowest
Price Target
12.12 USD
9% Downside
Average
Price Target
16.5 USD
24% Upside
Highest
Price Target
20.06 USD
50% Upside
Tencent Music Entertainment Group Competitors:
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Revenue
Forecast

Revenue Estimate
Tencent Music Entertainment Group

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 3 years is 10%.

15%
Past Growth
10%
Estimated Growth
Estimates Accuracy
0%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Tencent Music Entertainment Group

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 27%. The projected CAGR for the next 3 years is 21%.

27%
Past Growth
21%
Estimated Growth
Estimates Accuracy
-13%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Tencent Music Entertainment Group

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 26%. The projected CAGR for the next 3 years is 25%.

26%
Past Growth
25%
Estimated Growth
Estimates Accuracy
-22%
Average Miss
What are analyst estimates?

See Also

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 Street Estimates
TME price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
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 Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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 is available on other sites you are seeing are mostly from the sell-side analysts.

What is TME's stock price target?
Price Target
16.5 USD

According to Wall Street analysts, the average 1-year price target for TME is 16.5 USD with a low forecast of 12.12 USD and a high forecast of 20.06 USD.

What is Tencent Music Entertainment Group's Revenue forecast?
Projected CAGR
10%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's revenue is 15%. The projected CAGR for the next 3 years is 10%.

What is Tencent Music Entertainment Group's Operating Income forecast?
Projected CAGR
21%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's operating income is 27%. The projected CAGR for the next 3 years is 21%.

What is Tencent Music Entertainment Group's Net Income forecast?
Projected CAGR
25%

For the last 7 years the compound annual growth rate for Tencent Music Entertainment Group's net income is 26%. The projected CAGR for the next 3 years is 25%.

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