Tencent Music Entertainment (TME) stock Forecast for 2022, 2023, 2024, 2025

The forecast has been updated: January 26, 2023 9:28


Tencent Music Entertainment stock price online today

Analyst Target Price

8.28

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 2022, 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 $8.28 target price for Tencent Music Entertainment stock stock.

Today 200 Day Moving Average is the resistance level (5.1 $).

50 Day Moving Average is the resistance level (7.28 $).




Tencent Music Entertainment stock monthly Forecast

Date Rate Forecast MIN Rate MAX Rate Volati-
lity, %
28 Jan 23 4.02 3.96 4.07 2.63 %
29 Jan 23 3.98 3.93 4.00 1.92 %
30 Jan 23 3.98 3.92 4.03 2.68 %
31 Jan 23 3.94 3.90 3.96 1.53 %
01 Feb 23 3.95 3.91 3.99 2.00 %
02 Feb 23 4.00 3.94 4.05 2.66 %
03 Feb 23 4.00 3.98 4.02 0.98 %
04 Feb 23 3.98 3.93 4.04 2.71 %
05 Feb 23 3.94 3.90 3.96 1.47 %
06 Feb 23 3.87 3.86 3.91 1.39 %
07 Feb 23 3.83 3.79 3.86 1.80 %
08 Feb 23 3.85 3.82 3.88 1.35 %
09 Feb 23 3.84 3.78 3.89 2.80 %
10 Feb 23 3.84 3.80 3.88 2.13 %
11 Feb 23 3.81 3.78 3.87 2.42 %
12 Feb 23 3.80 3.78 3.83 1.43 %
13 Feb 23 3.78 3.74 3.80 1.47 %
14 Feb 23 3.80 3.78 3.82 1.13 %
15 Feb 23 3.77 3.72 3.81 2.27 %
16 Feb 23 3.80 3.76 3.84 2.12 %
17 Feb 23 3.81 3.77 3.85 2.23 %
18 Feb 23 3.85 3.82 3.86 1.13 %
19 Feb 23 3.86 3.84 3.92 1.99 %
20 Feb 23 3.93 3.90 3.96 1.51 %
21 Feb 23 3.98 3.96 4.00 0.92 %
22 Feb 23 4.00 3.95 4.05 2.61 %
23 Feb 23 3.96 3.93 3.99 1.57 %
24 Feb 23 4.00 3.96 4.02 1.41 %
25 Feb 23 4.04 4.01 4.06 1.25 %
26 Feb 23 4.03 3.98 4.08 2.74 %

TME daily forecast for this month


Tencent Music Entertainment stock forecast for 28.01.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.02 Positive intraday dynamics of the instrument is expected with 2.567% volatility is expected.

Pessimistic forecast: 3.96

Optimistic: 4.07


Tencent Music Entertainment stock forecast for 29.01.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 3.98 Negative intraday dynamics of the instrument is expected with 1.886% volatility is expected.

Pessimistic forecast: 3.93

Optimistic: 4.00


Tencent Music Entertainment stock forecast for 30.01.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 3.98 Positive intraday dynamics of the instrument is expected with 2.609% volatility is expected.

Pessimistic forecast: 3.92

Optimistic: 4.03


Tencent Music Entertainment stock forecast for 31.01.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 3.94 Negative intraday dynamics of the instrument is expected with 1.510% volatility is expected.

Pessimistic forecast: 3.90

Optimistic: 3.96


Tencent Music Entertainment stock forecast for 01.02.2023.
Estimated Average Forecasted Tencent Music Entertainment Price: 3.95 Positive intraday dynamics of the instrument is expected with 1.961% volatility is expected.

Pessimistic forecast: 3.91

Optimistic: 3.99


TME Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Feb 4.23 4.07 4.39 7.29 %
Mar 4.32 4.06 4.70 13.67 %
Apr 4.25 3.97 4.59 13.55 %
May 3.92 3.81 4.16 8.48 %
Jun 3.88 3.72 4.19 11.11 %
Jul 3.94 3.64 4.06 10.15 %
Aug 3.76 3.51 3.86 9.12 %
Sep 3.58 3.44 3.78 8.98 %
Oct 3.41 3.09 3.72 16.86 %
Nov 3.31 3.15 3.46 8.95 %
Dec 3.44 3.14 3.55 11.62 %

Tencent Music Entertainment stock forecast for this year


Tencent Music Entertainment share price average forecast for Feb 2023 is: 4.23202 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Mar 2023 is: 4.31835 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Apr 2023 is: 4.25099 The dynamics are negative.
Tencent Music Entertainment share price average forecast for May 2023 is: 3.92451 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Jun 2023 is: 3.87742 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Jul 2023 is: 3.94256 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Aug 2023 is: 3.76278 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Sep 2023 is: 3.58216 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Oct 2023 is: 3.41452 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Nov 2023 is: 3.31208 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Dec 2023 is: 3.43927 The dynamics are positive.


Tencent Music Entertainment stock Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 3.64 3.53 3.98 11.30 %
Feb 3.95 3.79 4.09 7.41 %
Mar 4.26 4.12 4.42 6.94 %
Apr 4.78 4.39 5.03 12.75 %
May 4.53 4.12 4.94 16.61 %
Jun 4.71 4.26 4.83 11.72 %
Jul 5.12 4.75 5.53 14.20 %
Aug 5.16 4.88 5.38 9.21 %
Sep 5.18 4.79 5.51 13.19 %
Oct 4.69 4.29 5.01 14.36 %
Nov 4.92 4.50 5.37 16.07 %
Dec 4.98 4.84 5.35 9.61 %

Tencent Music Entertainment stock Forecast for 2025

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 5.05 4.74 5.48 13.51 %
Feb 5.22 4.98 5.63 11.48 %
Mar 5.71 5.36 6.17 13.20 %
Apr 6.23 5.93 6.80 12.76 %
May 6.46 6.09 6.61 7.85 %
Jun 5.99 5.50 6.52 15.54 %
Jul 5.52 4.99 5.68 12.13 %
Aug 5.54 5.26 5.95 11.62 %
Sep 5.53 5.32 5.94 10.50 %
Oct 5.92 5.53 6.30 12.30 %
Nov 6.55 5.94 6.97 14.67 %
Dec 6.69 6.30 7.23 12.88 %



Tencent Music Entertainment stock Forecast for 2026

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 6.37 5.94 6.96 14.61 %
Feb 6.38 5.90 6.90 14.53 %
Mar 6.55 6.24 6.97 10.48 %
Apr 6.66 6.44 7.18 10.25 %
May 6.26 5.76 6.68 13.82 %
Jun 5.96 5.55 6.30 11.93 %
Jul 6.04 5.68 6.27 9.48 %
Aug 6.08 5.52 6.25 11.78 %
Sep 6.79 6.26 7.36 14.85 %
Oct 7.03 6.46 7.50 13.94 %
Nov 7.30 7.05 7.74 8.94 %
Dec 7.02 6.45 7.47 13.75 %

Tencent Music Entertainment stock Forecast for 2027

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 7.13 6.72 7.68 12.48 %
Feb 7.75 7.57 8.50 10.95 %
Mar 8.47 7.81 9.01 13.31 %
Apr 8.66 7.96 9.06 12.17 %
May 9.08 8.41 9.57 12.07 %
Jun 8.83 8.30 9.44 12.12 %
Jul 8.71 7.94 9.24 14.13 %
Aug 7.95 7.49 8.67 13.64 %
Sep 8.22 7.71 8.61 10.42 %
Oct 8.83 8.25 9.64 14.39 %
Nov 9.27 8.97 9.95 9.84 %
Dec 9.08 8.32 9.74 14.55 %

Tencent Music Entertainment overview

Tencent Music Entertainment Address

17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA

Market Capitalization

14 287 422 000 $

EBITDA

3 837 000 000

PE Ratio

29.89

PEG Ratio

1.383

Dividend Per Share

0

Dividend Yield

0

EPS

0.28

Quarterly Earnings Growth YOY

0.5

Quarterly Revenue Growth YOY

-0.056

Trailing PE

29.89

Forward PE

18.15

EV To Revenue

0.396

EV To EBITDA

3.001

52 Week High

9.29

52 Week Low

2.95

50 Day Moving Average

7.28

200 Day Moving Average

5.1

Shares Outstanding

1695080000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions



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