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TME : Tencent Music Entertainment Group stock forecast, predictions, and share price target for 2021, 2022 (1 year) to 2025, 2026 (5 year) to 2030, and 2031 (10 year)

The 2 Wall Street analysts offering Tencent Music Entertainment Group stock forecast in the last 6 months have average price target of $25.0 with a high forecast of $29.0 and a low forecast of $21.0. The average Tencent Music Entertainment Group stock forecast represents a 34.34% increase from the last price of $18.61. From AI system, total return is 2053.81% from 1638 forecasts. For Tencent Music Entertainment Group stock forecast 2021, 8 predictions are offered for each month of 2021 with average Tencent Music Entertainment Group stock forecast of $21.78, a high forecast of $22.47, and a low forecast of $20.18. The average Tencent Music Entertainment Group stock forecast 2021 represents a 17.04% increase from the last price of $18.61. For Tencent Music Entertainment Group stock forecast 2022, 12 predictions are offered for each month of 2022 with average Tencent Music Entertainment Group stock forecast of $20.67, a high forecast of $21.29, and a low forecast of $20.14. The average Tencent Music Entertainment Group stock forecast 2022 represents a 11.08% increase from the last price of $18.61. For Tencent Music Entertainment Group stock forecast 2025, 12 predictions are offered for each month of 2025 with average Tencent Music Entertainment Group stock forecast of $20.33, a high forecast of $20.6, and a low forecast of $20.11. The average Tencent Music Entertainment Group stock forecast 2025 represents a 9.24% increase from the last price of $18.61. For Tencent Music Entertainment Group stock forecast 2026 (5 year), 12 predictions are offered for each month of 2026 with average Tencent Music Entertainment Group stock forecast of $20.31, a high forecast of $20.62, and a low forecast of $20.07. The average Tencent Music Entertainment Group stock forecast 2026 represents a 9.11% increase from the last price of $18.61. For Tencent Music Entertainment Group stock forecast 2030, 12 predictions are offered for each month of 2030 with average Tencent Music Entertainment Group stock forecast of $24.02, a high forecast of $24.21, and a low forecast of $23.53. The average Tencent Music Entertainment Group stock forecast 2030 represents a 29.08% increase from the last price of $18.61. For Tencent Music Entertainment Group stock forecast 2031 (10 year), 4 predictions are offered for each month of 2031 with average Tencent Music Entertainment Group stock forecast of $23.18, a high forecast of $23.38, and a low forecast of $23.04. The average Tencent Music Entertainment Group stock forecast 2031 represents a 24.57% increase from the last price of $18.61. Please, see more forecasts below.

subject
Average
Low
High
Change from close on 2021-04-22
TME : Tencent Music Entertainment Group stock forecast
$25.0
$21.0
$29.0
34.34%
TME : Tencent Music Entertainment Group stock forecast 2021
$21.78
$20.18
$22.47
17.04%
TME : Tencent Music Entertainment Group stock forecast 2022
$20.67
$20.14
$21.29
11.08%
TME : Tencent Music Entertainment Group stock forecast 2023
$20.48
$19.79
$21.5
10.02%
TME : Tencent Music Entertainment Group stock forecast 2024
$20.55
$19.8
$21.16
10.45%
TME : Tencent Music Entertainment Group stock forecast 2025
$20.33
$20.11
$20.6
9.24%
TME : Tencent Music Entertainment Group stock forecast 2026
$20.31
$20.07
$20.62
9.11%
TME : Tencent Music Entertainment Group stock forecast 2027
$20.69
$20.44
$21.34
11.19%
TME : Tencent Music Entertainment Group stock forecast 2028
$22.05
$21.63
$22.61
18.5%
TME : Tencent Music Entertainment Group stock forecast 2029
$23.32
$22.72
$23.92
25.29%
TME : Tencent Music Entertainment Group stock forecast 2030
$24.02
$23.53
$24.21
29.08%
TME : Tencent Music Entertainment Group stock forecast 2031
$23.18
$23.04
$23.38
24.57%

Table of contents

  • Price target by Wall Street
  • Tencent Music Entertainment Group stock forecast for upcoming days
  • Long term Tencent Music Entertainment Group stock forecast
  • Financial Info
  • Frequently Asked Questions (FAQ)
  • 14 Days Historical Data

Statistics

Statistics from all past Buy/Sell opinions in AI Pickup
Total return : 2053.81 %
Number of direction forecasts : 1638

Click to see the forecast history of all tickers

TME : Tencent Music Entertainment Group stock forecast Wall Street by analysts

The average Tencent Music Entertainment Group stock forecast from last 6 month is $25.0, and this show a 42.86% increase in average from the prior price target of the each prediction. Also, this average forecast of $25.0 represents a 45.77% increase from the past average forecast of $17.15, 6 months ago from 2 wall street analysts.

Date
Firm
current price target
previous price target
current rating
2021-03-23
China Renaissance
$29.0000
$18.0000
Hold
2020-12-23
Needham
$21.0000
$17.0000
Buy
2020-09-24
Needham
$17.0000
Buy
2020-07-27
B of A Securities
$17.3000
$15.0000
Buy

Tencent Music Entertainment Group stock forecast for upcoming days

TME forecast chart for short term
Date
Price
Tencent Music Entertainment Group stock forecast for 2021-04-26
$18.53
Tencent Music Entertainment Group stock forecast for 2021-04-27
$18.56
Tencent Music Entertainment Group stock forecast for 2021-04-28
$18.66
Tencent Music Entertainment Group stock forecast for 2021-04-29
$18.62
Tencent Music Entertainment Group stock forecast for 2021-04-30
$18.41
Tencent Music Entertainment Group stock forecast for 2021-05-03
$18.25
Tencent Music Entertainment Group stock forecast for 2021-05-04
$18.05
Tencent Music Entertainment Group stock forecast for 2021-05-05
$17.79
Tencent Music Entertainment Group stock forecast for 2021-05-06
$17.46
Tencent Music Entertainment Group stock forecast for 2021-05-07
$17.08

Long term Tencent Music Entertainment Group(TME) stock forecast for 2021, 2022 (1 year) - 2025, 2026 (5 year) - 2030, and 2031 (10 year)

Forecast for May. 2021 is $20.18 , for Apr. 2022 is $20.83 , for Apr. 2025 is $20.17 , for Apr. 2026 is $20.28 , for Apr. 2030 is $24.07 , and for Apr. 2031 is $23.38.

TME long term forecast chart
Date
Price
May. 2021
$20.1826441954672
Jun. 2021
$21.6428838692384
Jul. 2021
$22.4058621452527
Aug. 2021
$22.4743350939598
Sep. 2021
$22.3053666704633
Oct. 2021
$22.015530105677
Nov. 2021
$21.7291281121897
Dec. 2021
$21.4912117893916
Jan. 2022
$21.2923811865168
Feb. 2022
$21.1692183553548
Mar. 2022
$21.0512162016523
Apr. 2022
$20.8343239061699
May. 2022
$20.7240865161865
Jun. 2022
$20.7911753231611
Jul. 2022
$20.7301088897247
Aug. 2022
$20.5248284577767
Sep. 2022
$20.3077651800802
Oct. 2022
$20.1423005349693
Nov. 2022
$20.1373189817339
Dec. 2022
$20.3599093273486
Jan. 2023
$20.7737107113008
Feb. 2023
$21.2361334661119
Mar. 2023
$21.4963819658631
Apr. 2023
$21.3202065063455
May. 2023
$20.8393705954868
Jun. 2023
$20.2955141687457
Jul. 2023
$19.8970265489617
Aug. 2023
$19.7898437698018
Sep. 2023
$19.9541115394145
Oct. 2023
$20.1133326197104
Nov. 2023
$20.0475207513341
Dec. 2023
$19.9441972850049
Jan. 2024
$19.7993387106865
Feb. 2024
$19.8799581815973
Mar. 2024
$20.3014809052142
Apr. 2024
$20.8535919732876
May. 2024
$21.164346719257
Jun. 2024
$21.1340910093861
Jul. 2024
$20.9459875049384
Aug. 2024
$20.7433070882448
Date
Price
Sep. 2024
$20.5930761442018
Oct. 2024
$20.4816554487373
Nov. 2024
$20.3985255246842
Dec. 2024
$20.355950953394
Jan. 2025
$20.3368063734308
Feb. 2025
$20.3355972849174
Mar. 2025
$20.2825127354719
Apr. 2025
$20.1727353690644
May. 2025
$20.1147384734701
Jun. 2025
$20.2348874038596
Jul. 2025
$20.4506886699765
Aug. 2025
$20.5975841038444
Sep. 2025
$20.5819188762363
Oct. 2025
$20.4465091047449
Nov. 2025
$20.274643482622
Dec. 2025
$20.1339034084587
Jan. 2026
$20.0734001307272
Feb. 2026
$20.1074079502945
Mar. 2026
$20.2014128859598
Apr. 2026
$20.275111648208
May. 2026
$20.264996557547
Jun. 2026
$20.1912597992512
Jul. 2026
$20.1407684800516
Aug. 2026
$20.2132730808051
Sep. 2026
$20.4019234569374
Oct. 2026
$20.5651599052593
Nov. 2026
$20.6213262055622
Dec. 2026
$20.6109817816142
Jan. 2027
$20.5614444346086
Feb. 2027
$20.4989952164414
Mar. 2027
$20.4513753128359
Apr. 2027
$20.4395951810908
May. 2027
$20.4693094472839
Jun. 2027
$20.5297218059017
Jul. 2027
$20.606138642552
Aug. 2027
$20.686469072101
Sep. 2027
$20.7727784511339
Oct. 2027
$20.884524827006
Nov. 2027
$21.0685383283343
Dec. 2027
$21.3361010672406
Date
Price
Jan. 2028
$21.6329994688662
Feb. 2028
$21.867882892868
Mar. 2028
$21.9127128009813
Apr. 2028
$21.8550958658626
May. 2028
$21.8026857462612
Jun. 2028
$21.80298835764
Jul. 2028
$21.9036154615942
Aug. 2028
$22.0803201517742
Sep. 2028
$22.2584510507393
Oct. 2028
$22.3984732710041
Nov. 2028
$22.5060645076753
Dec. 2028
$22.6057037143929
Jan. 2029
$22.7216622235373
Feb. 2029
$22.8699512981497
Mar. 2029
$23.0291520234201
Apr. 2029
$23.146836638725
May. 2029
$23.1984678393514
Jun. 2029
$23.2354081395893
Jul. 2029
$23.2974068331926
Aug. 2029
$23.3974124303689
Sep. 2029
$23.525801075072
Oct. 2029
$23.6581684487553
Nov. 2029
$23.7882044935204
Dec. 2029
$23.9218691608275
Jan. 2030
$24.01419412839
Feb. 2030
$24.0414834325478
Mar. 2030
$24.0442055779551
Apr. 2030
$24.073839781048
May. 2030
$24.1287223577441
Jun. 2030
$24.1833878141685
Jul. 2030
$24.2102863018371
Aug. 2030
$24.18983628624
Sep. 2030
$24.1043343232178
Oct. 2030
$23.9638602213874
Nov. 2030
$23.7729680784491
Dec. 2030
$23.5253044124503
Jan. 2031
$23.246956224044
Feb. 2031
$23.0428061745109
Mar. 2031
$23.0536024800245
Apr. 2031
$23.3837609932815

Financial Data for Tencent Music Entertainment Group stock

Market Cap
31498727424
Held Percent By Insiders
9.759%
Held Percent By Institutions
70.834%
Sector
Communication Services
Website
http://www.tencentmusic.com
currency
USD

Forward PE
27.77612
Trailing PE
48.717278
Enterprise Value
1.0560699392E10
Enterprise To Ebitda
2.265
Enterprise To Revenue
0.362

Average 10 day Volume
26789500
Average Volume
34077193
Fifty Two Week High
$32.248
Fifty Two Week Low
$10.3

Frequently Asked Questions about Tencent Music Entertainment Group stock forecast

Is Tencent Music Entertainment Group a good long term stock?

From Tencent Music Entertainment Group stock forecast 2021, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for May. 2021 is $20.1826441954672

From Tencent Music Entertainment Group stock forecast 2022, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for Apr. 2022 is $20.8343239061699

From Tencent Music Entertainment Group stock forecast 2025, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for Apr. 2025 is $20.1727353690644

From Tencent Music Entertainment Group stock forecast 2026, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for Apr. 2026 is $20.275111648208

From Tencent Music Entertainment Group stock forecast 2030, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for Apr. 2030 is $24.073839781048

From Tencent Music Entertainment Group stock forecast 2031, Tencent Music Entertainment Group (TME) stock can be a good investment choice. According to AI Pickup, the Tencent Music Entertainment Group stock price forecast for Apr. 2031 is $23.3837609932815

Is Tencent Music Entertainment Group stock overvalued?

Tencent Music Entertainment Group (TME) stock is expected to go UP . Therefore, AI Pickup would say that Tencent Music Entertainment Group (TME) stock is NOT overvalued.

Will Tencent Music Entertainment Group stock price go up?

Yes. The Tencent Music Entertainment Group stock price forecast for Apr. 2022 is $20.8343239061699

Is Tencent Music Entertainment Group stock a good buy now?

Since closing price on 2021-04-22 is $18.61 and forecast for Apr. 2022 is $20.83, Tencent Music Entertainment Group stock is a good 1 year investment.

14 Days Historical Data for Tencent Music Entertainment Group stock price

Date
Close
Open
Low
High
TME stock price for 2021-04-05
$19.03
$20.12
$18.8
$20.24
TME stock price for 2021-04-06
$20.16
$19.45
$19.37
$20.57
TME stock price for 2021-04-07
$19.65
$20.2
$19.52
$20.28
TME stock price for 2021-04-08
$19.25
$20.04
$19.12
$20.37
TME stock price for 2021-04-09
$19.22
$19.28
$19.01
$19.9
TME stock price for 2021-04-12
$18.03
$19.21
$17.97
$19.4
TME stock price for 2021-04-13
$18.22
$18.2
$18.17
$18.68
TME stock price for 2021-04-14
$18.15
$18.0
$17.9
$18.7
TME stock price for 2021-04-15
$17.99
$18.58
$17.7
$18.63
TME stock price for 2021-04-16
$18.04
$18.09
$17.7
$18.14
TME stock price for 2021-04-19
$17.83
$18.47
$17.67
$18.54
TME stock price for 2021-04-20
$16.99
$17.8
$16.83
$17.81
TME stock price for 2021-04-21
$18.08
$17.03
$16.96
$18.2
TME stock price for 2021-04-22
$18.61
$18.26
$18.15
$19.05
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