What is the current Price Target for the Tencent Music Entertainment Group ADR Class A stock?

The average Tencent Music Entertainment Group ADR Class A target price is $16.36. This is 13.03% higher than the current stock price. The highest price target is 31.25%, the lowest is -9.78%. 26 Analysts have issued a price target Tencent Music Entertainment Group ADR Class A 2026 .

What's going on with the Tencent Music Entertainment Group ADR Class A stock today?

The performance of Tencent Music Entertainment Group ADR Class A stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

Tencent Music Entertainment Group ADR Class A Forecast, price target & analysts

Q: How high will the Tencent Music Entertainment Group ADR Class A stock rise?

No reliable answer can be given as to how high the Tencent Music Entertainment Group ADR Class A stock will rise. The performance of stocks, including the Tencent Music Entertainment Group ADR Class A stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

Q: Why did the Tencent Music Entertainment Group ADR Class A stock fall?

The decline in Tencent Music Entertainment Group ADR Class A stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

$14.27

1.42% today

NYSE, Apr 03, 07:19 pm CET

ISIN

US88034P1093

Symbol

TME

Reports

Quarter | Annual

Index

NYSE Composite

Sector

Software / Internet

Industry

Internet services

Overview Dividends Analysts Charts News Strategies

Tencent Music Entertainment Group ADR Class A Target price 2025 - Analyst rating & recommendation

Tencent Music Entertainment Group ADR Class A Classifications & Recommendation:

Buy

94%

Hold

Tencent Music Entertainment Group ADR Class A Price Target

Target Price	$16.36
Price	$14.47
Potential	13.03% register free of charge
Number of Estimates	26

	26 Analysts have issued a price target Tencent Music Entertainment Group ADR Class A 2026 . The average Tencent Music Entertainment Group ADR Class A target price is $16.36. This is 13.03% register free of charge higher than the current stock price. The highest price target is $18.99 31.25% register free of charge , the lowest is $13.05 9.78% register free of charge .
	A rating was issued by 34 analysts: 32 Analysts recommend Tencent Music Entertainment Group ADR Class A to buy, 2 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the Tencent Music Entertainment Group ADR Class A stock has an average upside potential 2026 of 13.03% register free of charge . Most analysts recommend the Tencent Music Entertainment Group ADR Class A stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

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Quarter Annually

	Dec '24	2025 Estimates
Revenue Billion $	3.95	4.12
	0.75%	4.48%

29 Analysts have issued a sales forecast Tencent Music Entertainment Group ADR Class A 2025 . The average Tencent Music Entertainment Group ADR Class A sales estimate is

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. This is

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than the revenue of the last 12 months(TTM). The highest sales forecast is

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, the lowest is

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This results in the following potential growth metrics:

2024	$3.9b	0.75%
2025	$4.1b 4.48% Unlock
2026	$4.6b 10.74% Unlock
2027	$5.2b 14.11% Unlock
2028	$5.5b 6.05% Unlock
2029	$6.4b 16.16% Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

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Quarter Annually

	Dec '24	2025 Estimates
Earnings Per Share $	0.60	0.70
	36.36%	16.67%
P/E		20.68
EV/Sales		1.81

17 Analysts have issued a Tencent Music Entertainment Group ADR Class A forecast for earnings per share. The average Tencent Music Entertainment Group ADR Class A EPS is

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. This is

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than earnings per share in the financial year 2024. The highest EPS forecast is

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, the lowest is

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This results in the following potential growth metrics and future valuations:

2024	$0.60	36.36%
2025	$0.70 16.67% Unlock
2026	$0.81 15.71% Unlock
2027	$0.97 19.75% Unlock
2028	$1.07 10.31% Unlock

Current	24.17	3.90%
2025	20.68 14.44% Unlock
2026	17.77 14.07% Unlock
2027	14.97 15.76% Unlock
2028	13.56 9.42% Unlock

Based on analysts' sales estimates for 2025, the Tencent Music Entertainment Group ADR Class A stock is valued at an EV/Sales of

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and an P/S ratio of

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This results in the following potential growth metrics and future valuations:

Current	1.90	29.25%
2025	1.81 4.52% Unlock
2026	1.64 9.70% Unlock
2027	1.44 12.36% Unlock
2028	1.35 5.70% Unlock
2029	1.17 13.92% Unlock

Current	2.57	24.68%
2025	2.46 4.29% Unlock
2026	2.22 9.70% Unlock
2027	1.94 12.37% Unlock
2028	1.83 5.70% Unlock
2029	1.58 13.92% Unlock

Tencent Music Entertainment Group ADR Class A...

Current Tencent Music Entertainment Group ADR Class A Upgrades & Downgrades

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Analyst	Rating	Action	Date
Mizuho	Locked ➜ Locked	Locked	Mar 19 2025
Morgan Stanley	Locked ➜ Locked	Locked	Jan 21 2025
Barclays	Locked ➜ Locked	Locked	Nov 06 2024
Bernstein	Locked ➜ Locked	Locked	Nov 04 2024
Morgan Stanley	Locked ➜ Locked	Locked	Sep 25 2024

Analyst Rating	Date
Locked Mizuho: Locked ➜ Locked	Mar 19 2025
Locked Morgan Stanley: Locked ➜ Locked	Jan 21 2025
Locked Barclays: Locked ➜ Locked	Nov 06 2024
Locked Bernstein: Locked ➜ Locked	Nov 04 2024
Locked Morgan Stanley: Locked ➜ Locked	Sep 25 2024

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