Seeing Is Believing
Communication Services - Sector
TME is currently covered by 9 analysts with an average price target of $21.01. This is a potential upside of $3.99 (116.37%) from yesterday's end of day stock price of $9.71.
Tencent Music Entertainment Group's activity chart (see below) currently has 82 price targets and 89 ratings on display. The stock rating distribution of TME is 88.24% BUY and 11.76% HOLD.
Analysts average stock forecasts to be materialized ratio is 84.86% with an average time for these price targets to be met of 256.91 days.
Highest price target for TME is $29, Lowest price target is $10, average price target is $21.01.
Most recent stock forecast was given by from JPMORGAN on 14-May-2026. First documented stock forecast 07-Jan-2019.
Currently out of the existing stock ratings of TME, 15 are a BUY (88.24%), 2 are a HOLD (11.76%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date of last PT
Price targets met ratio
Average potential upside
Average Days to Hit Target
Performance score
Hold Since 14-May-2026
$10
$1.61 (19.19%)
$12
2 months 15 days ago
(14-May-2026)
4/7 (57.14%)
$1.4 (16.28%)
98
Buy Since 06-Nov-2024
$20
$11.61 (138.38%)
$28
4 months 10 days ago
(19-Mar-2026)
2/5 (40%)
$9.71 (94.36%)
95
Buy Since 22-Mar-2023
$25
4 months 11 days ago
(18-Mar-2026)
8/10 (80%)
$6.32 (33.83%)
203
Buy Since 24-Apr-2023
$23
$14.61 (174.14%)
$28
4 months 11 days ago
(18-Mar-2026)
10/12 (83.33%)
$12.7 (123.30%)
158
Buy Since 13-May-2025
$14.1
$5.71 (68.06%)
$28.3
4 months 24 days ago
(05-Mar-2026)
3/4 (75%)
$0.63 (4.68%)
78
What is TME (Tencent Music Entertainment Group) average time for price targets to be met?
Which analyst has the current highest performing score on TME (Tencent Music Entertainment Group) with a proven track record?
Which analyst has the most public recommendations on TME (Tencent Music Entertainment Group)?
Which analyst is the currently most bullish on TME (Tencent Music Entertainment Group)?
Which analyst is the currently most reserved on TME (Tencent Music Entertainment Group)?