Tencent Music Entertainment Group Stock Forecast
NYSE: TMEConsumer DiscretionaryBroadcastingUSD
Market open · Delayed 15 min · as of Oct 9, 3:36 PM ET
TME analyst consensus
Consensus (29 analysts)
buy
Avg. price target
$12.59+50.18%
- Strong buy 2
- Buy 15
- Hold 12
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
What analysts say
According to 29 Wall Street analysts covering Tencent Music Entertainment Group (2026-10-08), 17 rate the stock a buy or strong buy, 12 rate it a hold and 0 rate it a sell or strong sell, for a consensus rating of "buy". The average 12-month price target is $12.59, with a high estimate of $24.04 and a low estimate of $9.06. The average target implies upside of 50.2% from the current price of $8.38.
The spread between the highest and lowest targets is 165.3%, a wide range that reflects significant disagreement among analysts. Price targets and ratings are the opinions of third-party analysts, not MetaCap. They are frequently revised and have a mixed track record, so treat them as one input among many for TME.
Summary generated from market data by MetaCap's automated system. Methodology
Rating distribution
| Rating | Analysts | Share |
|---|---|---|
| Strong buy | 2 | 7% |
| Buy | 15 | 52% |
| Hold | 12 | 41% |
| Sell | 0 | 0% |
| Strong sell | 0 | 0% |
Ratings as of 2026-10-08.
Price target scenarios
| Target | Price | vs. current |
|---|---|---|
| Low target | $9.06 | +8.08% |
| Average target | $12.59 | +50.18% |
| High target | $24.04 | +186.77% |