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Tencent Music Entertainment (TME) stock Forecast for 2022, 2023, 2024, 2025
The forecast has been updated: September 27, 2021 9:27
Tencent Music Entertainment stock price online today
Analyst Target Price
12.52Dividend Date
-Ex Dividend Date
-Last Split Factor
NoneLast Split Date
-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 2021, 2022, 2023?
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 $12.52 target price for Tencent Music Entertainment stock stock.
Today 200 Day Moving Average is the resistance level (15.35 $).
50 Day Moving Average is the resistance level (9.02 $).
Tencent Music Entertainment stock monthly Forecast
| Date | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| 29 Sep 21 | 7.02 | 6.96 | 7.09 | 2.00 % |
| 30 Sep 21 | 6.97 | 6.92 | 7.05 | 1.83 % |
| 01 Oct 21 | 6.89 | 6.81 | 6.93 | 1.78 % |
| 02 Oct 21 | 6.96 | 6.87 | 7.07 | 2.90 % |
| 03 Oct 21 | 7.07 | 7.04 | 7.16 | 1.69 % |
| 04 Oct 21 | 7.06 | 7.00 | 7.13 | 1.88 % |
| 05 Oct 21 | 7.09 | 7.02 | 7.17 | 2.12 % |
| 06 Oct 21 | 7.08 | 6.99 | 7.19 | 2.77 % |
| 07 Oct 21 | 6.96 | 6.92 | 7.03 | 1.57 % |
| 08 Oct 21 | 6.95 | 6.86 | 7.05 | 2.78 % |
| 09 Oct 21 | 6.88 | 6.83 | 6.94 | 1.69 % |
| 10 Oct 21 | 6.83 | 6.78 | 6.86 | 1.11 % |
| 11 Oct 21 | 6.84 | 6.74 | 6.87 | 1.93 % |
| 12 Oct 21 | 6.84 | 6.80 | 6.92 | 1.79 % |
| 13 Oct 21 | 6.80 | 6.73 | 6.86 | 1.88 % |
| 14 Oct 21 | 6.86 | 6.77 | 6.92 | 2.33 % |
| 15 Oct 21 | 7.00 | 6.92 | 7.03 | 1.64 % |
| 16 Oct 21 | 7.10 | 7.07 | 7.19 | 1.71 % |
| 17 Oct 21 | 6.99 | 6.93 | 7.05 | 1.65 % |
| 18 Oct 21 | 6.96 | 6.92 | 7.01 | 1.29 % |
| 19 Oct 21 | 6.91 | 6.84 | 6.94 | 1.54 % |
| 20 Oct 21 | 6.92 | 6.88 | 6.96 | 1.15 % |
| 21 Oct 21 | 6.94 | 6.87 | 7.01 | 1.94 % |
| 22 Oct 21 | 6.92 | 6.89 | 6.98 | 1.39 % |
| 23 Oct 21 | 7.05 | 6.97 | 7.14 | 2.43 % |
| 24 Oct 21 | 6.99 | 6.94 | 7.04 | 1.35 % |
| 25 Oct 21 | 6.90 | 6.80 | 6.98 | 2.72 % |
| 26 Oct 21 | 6.85 | 6.77 | 6.89 | 1.82 % |
| 27 Oct 21 | 6.76 | 6.67 | 6.80 | 1.97 % |
| 28 Oct 21 | 6.80 | 6.71 | 6.86 | 2.33 % |
TME daily forecast for this month
Estimated Average Forecasted Tencent Music Entertainment Price: 7.02 Negative intraday dynamics of the instrument is expected with 1.958% volatility is expected.
Pessimistic forecast: 6.96
Optimistic: 7.09
Tencent Music Entertainment stock forecast for 30.09.2021.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.97 Negative intraday dynamics of the instrument is expected with 1.800% volatility is expected.
Pessimistic forecast: 6.92
Optimistic: 7.05
Tencent Music Entertainment stock forecast for 01.10.2021.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.89 Negative intraday dynamics of the instrument is expected with 1.750% volatility is expected.
Pessimistic forecast: 6.81
Optimistic: 6.93
Tencent Music Entertainment stock forecast for 02.10.2021.
Estimated Average Forecasted Tencent Music Entertainment Price: 6.96 Positive intraday dynamics of the instrument is expected with 2.816% volatility is expected.
Pessimistic forecast: 6.87
Optimistic: 7.07
Tencent Music Entertainment stock forecast for 03.10.2021.
Estimated Average Forecasted Tencent Music Entertainment Price: 7.07 Positive intraday dynamics of the instrument is expected with 1.659% volatility is expected.
Pessimistic forecast: 7.04
Optimistic: 7.16
TME Forecast for 2021
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Oct | 7.71 | 7.09 | 7.90 | 10.20 % |
| Nov | 8.50 | 7.97 | 8.78 | 9.18 % |
| Dec | 8.68 | 8.34 | 8.98 | 7.08 % |
Tencent Music Entertainment stock forecast for this year
Tencent Music Entertainment share price average forecast for Oct 2021 is: 7.71383 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Nov 2021 is: 8.50064 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Dec 2021 is: 8.68426 The dynamics are positive.
Tencent Music Entertainment stock Forecast for 2022
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Jan | 8.15 | 7.81 | 8.81 | 11.33 % |
| Feb | 7.29 | 6.75 | 7.64 | 11.68 % |
| Mar | 7.95 | 7.41 | 8.66 | 14.42 % |
| Apr | 8.70 | 8.01 | 9.21 | 13.03 % |
| May | 8.83 | 8.43 | 9.20 | 8.29 % |
| Jun | 8.73 | 8.49 | 9.30 | 8.68 % |
| Jul | 9.18 | 8.83 | 9.78 | 9.69 % |
| Aug | 8.62 | 8.05 | 8.86 | 9.11 % |
| Sep | 9.03 | 8.72 | 9.40 | 7.26 % |
| Oct | 8.97 | 8.60 | 9.27 | 7.20 % |
| Nov | 9.30 | 9.02 | 9.83 | 8.18 % |
| Dec | 9.11 | 8.39 | 9.80 | 14.39 % |
Tencent Music Entertainment stock Forecast for 2023
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Jan | 9.98 | 9.17 | 10.28 | 10.72 % |
| Feb | 9.81 | 9.02 | 10.13 | 10.93 % |
| Mar | 9.55 | 9.16 | 10.44 | 12.29 % |
| Apr | 10.58 | 10.09 | 10.99 | 8.20 % |
| May | 10.78 | 10.33 | 11.24 | 8.06 % |
| Jun | 9.75 | 9.46 | 10.17 | 7.02 % |
| Jul | 9.60 | 8.94 | 10.46 | 14.53 % |
| Aug | 9.95 | 9.42 | 10.22 | 7.83 % |
| Sep | 10.41 | 9.76 | 10.88 | 10.33 % |
| Oct | 10.51 | 10.23 | 11.10 | 7.84 % |
| Nov | 11.20 | 10.30 | 12.22 | 15.73 % |
| Dec | 11.98 | 10.89 | 12.70 | 14.26 % |
Tencent Music Entertainment stock Forecast for 2024
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Jan | 10.73 | 9.96 | 11.10 | 10.32 % |
| Feb | 9.52 | 9.21 | 9.99 | 7.78 % |
| Mar | 9.71 | 9.47 | 10.62 | 10.86 % |
| Apr | 9.75 | 8.84 | 10.11 | 12.61 % |
| May | 9.37 | 8.54 | 9.71 | 12.05 % |
| Jun | 9.42 | 8.56 | 9.88 | 13.38 % |
| Jul | 9.17 | 8.48 | 9.41 | 9.94 % |
| Aug | 9.27 | 9.04 | 10.12 | 10.67 % |
| Sep | 10.23 | 9.55 | 10.89 | 12.28 % |
| Oct | 11.43 | 11.06 | 11.84 | 6.60 % |
| Nov | 10.88 | 10.48 | 11.52 | 9.07 % |
| Dec | 10.76 | 10.09 | 11.49 | 12.14 % |
Tencent Music Entertainment stock Forecast for 2025
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Jan | 11.09 | 10.12 | 12.07 | 16.20 % |
| Feb | 11.06 | 10.01 | 12.07 | 17.05 % |
| Mar | 10.77 | 10.34 | 11.53 | 10.31 % |
| Apr | 10.13 | 9.43 | 10.96 | 13.98 % |
| May | 10.12 | 9.73 | 10.51 | 7.40 % |
| Jun | 9.82 | 8.92 | 10.62 | 15.98 % |
| Jul | 10.29 | 9.60 | 10.75 | 10.69 % |
| Aug | 10.62 | 9.86 | 11.03 | 10.63 % |
| Sep | 11.41 | 10.51 | 11.99 | 12.34 % |
| Oct | 12.69 | 11.71 | 13.30 | 11.91 % |
| Nov | 13.28 | 12.40 | 13.87 | 10.57 % |
| Dec | 14.64 | 13.65 | 15.43 | 11.50 % |
Tencent Music Entertainment overview
Tencent Music Entertainment Address
17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, ChinaMarket Capitalization
12 558 870 000 $EBITDA
4 856 000 000PE Ratio
19.84PEG Ratio
0.639Dividend Per Share
NoneDividend Yield
0EPS
0.374Quarterly Earnings Growth YOY
-0.154Quarterly Revenue Growth YOY
0.155Trailing PE
19.84Forward PE
19.8EV To Revenue
0.337EV To EBITDA
2.25652 Week High
32.2552 Week Low
7.0350 Day Moving Average
9.02200 Day Moving Average
15.35Shares Outstanding
1692570000Shares Float
614702000Shares Short Prior Month
20251600Short Ratio
1.27Percent Insiders
9.76Percent Institutions
59.68Denial of responsibility:
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