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Tencent Music Entertainment Group (TME) Stock Forecast & Price Target

Tencent Music Entertainment Group logo
$9.44 -0.24 (-2.43%)
As of 10:08 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Tencent Music Entertainment Group - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
7
Buy
6

Based on 14 Wall Street analysts who have issued ratings for Tencent Music Entertainment Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 1 has given a sell rating, 7 have given a hold rating, and 6 have given a buy rating for TME.

Consensus Price Target

$22.03
133.44% Upside
According to the 14 analysts' twelve-month price targets for Tencent Music Entertainment Group, the average price target is $22.03. The highest price target for TME is $29.80, while the lowest price target for TME is $12.00. The average price target represents a forecasted upside of 133.44% from the current price of $9.44.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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TME Analyst Ratings Over Time

TypeCurrent Forecast
5/7/25 to 5/7/26
1 Month Ago
4/7/25 to 4/7/26
3 Months Ago
2/6/25 to 2/6/26
1 Year Ago
5/7/24 to 5/7/25
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$22.03$22.03$25.79$15.00
Forecasted Upside133.44% Upside144.80% Upside57.82% Upside5.33% Upside
Consensus RatingHoldModerate BuyModerate BuyBuy

TME Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TME Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Tencent Music Entertainment Group Stock vs. The Competition

TypeTencent Music Entertainment GroupConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.36
2.09
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside127.41% Upside68.53% Upside14.04% Upside
News Sentiment Rating
Positive News

See Recent TME News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/17/2026 DowngradeHoldStrong Sell
3/19/2026
Morgan Stanley logo
Morgan Stanley
3 of 5 stars
 Reiterated RatingOverweightEqual Weight
3/19/2026
Barclays PLC logo
Barclays
3 of 5 stars
Jiong Shao
1 of 5 stars
Lower TargetOverweight$28.00 ➝ $20.00+89.23%
3/18/2026Reiterated RatingBuyNeutral$26.00 ➝ $13.00+22.70%
3/18/2026 Reiterated RatingBuyHold$12.00+13.26%
3/18/2026Lower TargetOutperform$28.00 ➝ $23.00+102.73%
3/18/2026Reiterated RatingOverweightNeutral$12.00+5.77%
3/18/2026Reiterated RatingBuyHold
3/17/2026Reiterated RatingBuy$23.00+99.93%
12/29/2025 Reiterated RatingHold (C+)
10/28/2025 Initiated CoverageNeutral$25.00+5.24%
8/13/2025Set TargetOutperform$27.50+8.23%
8/12/2025Reiterated RatingBuy$23.00 ➝ $29.00+14.13%
8/12/2025Set TargetOutperform$29.80+17.28%
4/8/2025UpgradeStrong-Buy
3/26/2025 UpgradeHoldBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:08 AM ET.


TME Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Tencent Music Entertainment Group is $22.03, with a high forecast of $29.80 and a low forecast of $12.00.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tencent Music Entertainment Group in the last twelve months. There is currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TME shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TME, but not buy additional shares or sell existing shares.

According to analysts, Tencent Music Entertainment Group's stock has a predicted upside of 133.44% based on their 12-month stock forecasts.

Over the previous 90 days, Tencent Music Entertainment Group's stock had 1 downgrade by analysts.

Tencent Music Entertainment Group has been rated by research analysts at Barclays, Benchmark, Daiwa Securities Group, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Morgan Stanley, UBS Group, and Zacks Research in the past 90 days.

Analysts like Tencent Music Entertainment Group more than other "consumer discretionary" companies. The consensus rating score for Tencent Music Entertainment Group is 2.36 while the average consensus rating score for "consumer discretionary" companies is 2.10. Learn more on how TME compares to other companies.


This page (NYSE:TME) was last updated on 5/7/2026 by MarketBeat.com Staff.
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