2027

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Tencent Music Entertainment (TME) stock Forecast for 2023, 2024, 2025, 2026

The forecast has been updated: October 3, 2023 9:28

Tencent Music Entertainment stock price online today

Analyst Target Price

8.65

Dividend Date

Ex Dividend Date

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Tencent Music Entertainment stock today? What is the projected target price level for over the horizon of a year, two, three? How much will be worth in 2023, 2024, 2025?

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Below you can see the results of forecasts for the month, current and future years. Find out target values for stocks, optimistic and pessimistic forecasts.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $8.65 target price for Tencent Music Entertainment stock stock.

Today 200 Day Moving Average is the resistance level (7.53 $).

50 Day Moving Average is the resistance level (6.87 $).

2027

Tencent Music Entertainment stock monthly Forecast

Date	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
05 Oct 23	6.42	6.36	6.52	2.56 %
06 Oct 23	6.47	6.38	6.54	2.51 %
07 Oct 23	6.49	6.40	6.55	2.31 %
08 Oct 23	6.41	6.35	6.44	1.43 %
09 Oct 23	6.51	6.47	6.59	1.89 %
10 Oct 23	6.56	6.47	6.63	2.43 %
11 Oct 23	6.60	6.57	6.66	1.43 %
12 Oct 23	6.63	6.54	6.66	1.80 %
13 Oct 23	6.56	6.50	6.61	1.67 %
14 Oct 23	6.61	6.56	6.69	1.87 %
15 Oct 23	6.54	6.46	6.64	2.71 %
16 Oct 23	6.53	6.43	6.56	1.97 %
17 Oct 23	6.48	6.39	6.58	3.04 %
18 Oct 23	6.42	6.35	6.52	2.77 %
19 Oct 23	6.43	6.34	6.46	1.84 %
20 Oct 23	6.45	6.35	6.51	2.52 %
21 Oct 23	6.49	6.45	6.60	2.19 %
22 Oct 23	6.56	6.49	6.62	2.08 %
23 Oct 23	6.49	6.41	6.54	2.13 %
24 Oct 23	6.51	6.48	6.54	0.86 %
25 Oct 23	6.50	6.43	6.58	2.32 %
26 Oct 23	6.38	6.35	6.44	1.45 %
27 Oct 23	6.41	6.37	6.46	1.41 %
28 Oct 23	6.35	6.30	6.38	1.37 %
29 Oct 23	6.38	6.35	6.46	1.67 %
30 Oct 23	6.39	6.35	6.47	1.97 %
31 Oct 23	6.35	6.28	6.42	2.22 %
01 Nov 23	6.41	6.31	6.47	2.48 %
02 Nov 23	6.31	6.21	6.39	2.92 %
03 Nov 23	6.32	6.23	6.37	2.19 %

TME daily forecast for this month

Tencent Music Entertainment stock forecast for 05.10.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.42 Positive intraday dynamics of the instrument is expected with 2.500% volatility is expected.

Pessimistic forecast: 6.36

Optimistic: 6.52

Tencent Music Entertainment stock forecast for 06.10.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.47 Positive intraday dynamics of the instrument is expected with 2.452% volatility is expected.

Pessimistic forecast: 6.38

Optimistic: 6.54

Tencent Music Entertainment stock forecast for 07.10.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.49 Positive intraday dynamics of the instrument is expected with 2.260% volatility is expected.

Pessimistic forecast: 6.40

Optimistic: 6.55

Tencent Music Entertainment stock forecast for 08.10.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.41 Negative intraday dynamics of the instrument is expected with 1.413% volatility is expected.

Pessimistic forecast: 6.35

Optimistic: 6.44

Tencent Music Entertainment stock forecast for 09.10.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.51 Positive intraday dynamics of the instrument is expected with 1.856% volatility is expected.

Pessimistic forecast: 6.47

Optimistic: 6.59

TME Forecast for 2023

Month	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
Nov	6.86	6.65	7.21	7.76 %
Dec	7.16	6.75	7.42	9.03 %

Detailed forecast for 2023

Tencent Music Entertainment stock forecast for this year

Tencent Music Entertainment share price average forecast for Nov 2023 is: 6.85734 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Dec 2023 is: 7.16181 The dynamics are positive.

Tencent Music Entertainment stock Forecast for 2024

Month	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
Jan	7.14	6.86	7.43	7.61 %
Feb	6.77	6.35	7.05	9.90 %
Mar	7.08	6.71	7.51	10.64 %
Apr	7.48	7.30	8.12	10.06 %
May	7.25	6.75	7.91	14.74 %
Jun	7.15	6.87	7.45	7.72 %
Jul	7.29	6.62	7.50	11.78 %
Aug	7.15	6.70	7.34	8.77 %
Sep	7.15	6.71	7.80	13.98 %
Oct	7.57	7.39	7.78	5.02 %
Nov	7.58	7.14	7.99	10.70 %
Dec	7.96	7.73	8.16	5.27 %

Detailed forecast for 2024

Tencent Music Entertainment stock Forecast for 2025

Month	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
Jan	8.51	7.78	8.90	12.51 %
Feb	9.06	8.38	9.31	10.04 %
Mar	9.22	8.70	9.74	10.68 %
Apr	9.99	9.60	10.83	11.29 %
May	10.74	10.23	11.28	9.37 %
Jun	9.71	9.06	10.46	13.37 %
Jul	8.57	7.80	8.93	12.67 %
Aug	8.48	7.88	9.10	13.42 %
Sep	8.43	7.72	9.21	16.24 %
Oct	8.14	7.91	8.62	8.27 %
Nov	8.96	8.74	9.73	10.17 %
Dec	9.76	9.50	10.41	8.77 %

Detailed forecast for 2025

Tencent Music Entertainment stock Forecast for 2026

Month	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
Jan	9.75	9.24	10.48	11.83 %
Feb	9.70	9.40	10.01	6.16 %
Mar	9.74	9.08	10.61	14.42 %
Apr	8.99	8.73	9.56	8.69 %
May	9.13	8.73	9.65	9.53 %
Jun	9.68	9.42	10.36	9.08 %
Jul	9.15	8.35	9.97	16.20 %
Aug	9.83	9.50	10.13	6.17 %
Sep	10.25	9.62	10.98	12.43 %
Oct	10.09	9.81	10.37	5.37 %
Nov	11.23	10.74	12.28	12.51 %
Dec	12.37	11.69	12.96	9.85 %

Detailed forecast for 2026

Tencent Music Entertainment stock Forecast for 2027

Month	Rate Forecast	MIN Rate	MAX Rate	Volati- lity, %
Jan	13.66	12.76	14.50	11.99 %
Feb	14.22	13.01	14.80	12.11 %
Mar	14.29	13.48	15.57	13.43 %
Apr	14.53	14.09	15.47	8.90 %
May	14.47	13.21	15.85	16.66 %
Jun	13.64	12.90	14.62	11.75 %
Jul	13.67	12.36	14.46	14.52 %
Aug	14.54	13.97	15.73	11.21 %
Sep	14.91	13.98	16.13	13.31 %
Oct	15.48	15.11	15.95	5.24 %
Nov	14.72	14.03	15.16	7.46 %
Dec	15.02	13.89	15.56	10.77 %

Detailed forecast for 2027

Tencent Music Entertainment overview

Tencent Music Entertainment Address

UNIT 3, BUILDING D, KEXING SCIENCE PARK, KEJIZHONGSAN AVENUE, HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA

Market Capitalization

12 067 029 000 $

EBITDA

5 413 000 000

PE Ratio

PEG Ratio

1.383

Dividend Per Share

Dividend Yield

EPS

0.39

Quarterly Earnings Growth YOY

0.577

Quarterly Revenue Growth YOY

0.055

Trailing PE

Forward PE

18.15

EV To Revenue

0.396

EV To EBITDA

3.001

52 Week High

9.29

52 Week Low

3.14

50 Day Moving Average

6.87

200 Day Moving Average

7.53

Shares Outstanding

1716080000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

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