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

The forecast has been updated: June 25, 2022 9:28


Tencent Music Entertainment stock price online today

Analyst Target Price

12.46

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, 2023, 2024?

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 $12.46 target price for Tencent Music Entertainment stock stock.

Today 200 Day Moving Average is the resistance level (6.07 $).

50 Day Moving Average is the resistance level (4.275 $).




Tencent Music Entertainment stock monthly Forecast

Date Rate Forecast MIN Rate MAX Rate Volati-
lity, %
27 Jun 22 4.96 4.92 4.98 1.27 %
28 Jun 22 4.94 4.92 5.01 1.99 %
29 Jun 22 4.92 4.88 4.94 1.39 %
30 Jun 22 4.92 4.90 5.00 1.97 %
01 Jul 22 4.94 4.91 4.99 1.71 %
02 Jul 22 5.01 4.94 5.09 2.92 %
03 Jul 22 4.96 4.90 5.01 2.17 %
04 Jul 22 4.97 4.94 5.03 1.87 %
05 Jul 22 5.03 4.98 5.11 2.69 %
06 Jul 22 5.08 5.04 5.11 1.47 %
07 Jul 22 5.06 5.02 5.11 1.63 %
08 Jul 22 5.04 4.97 5.06 1.89 %
09 Jul 22 5.01 4.97 5.05 1.53 %
10 Jul 22 5.07 5.01 5.11 2.01 %
11 Jul 22 5.04 4.96 5.07 2.34 %
12 Jul 22 5.10 5.06 5.17 2.34 %
13 Jul 22 5.15 5.08 5.19 2.15 %
14 Jul 22 5.12 5.07 5.19 2.26 %
15 Jul 22 5.13 5.05 5.21 3.13 %
16 Jul 22 5.13 5.05 5.21 3.21 %
17 Jul 22 5.14 5.06 5.21 2.88 %
18 Jul 22 5.18 5.12 5.25 2.53 %
19 Jul 22 5.23 5.15 5.28 2.40 %
20 Jul 22 5.31 5.27 5.40 2.48 %
21 Jul 22 5.27 5.25 5.33 1.61 %
22 Jul 22 5.23 5.17 5.30 2.39 %
23 Jul 22 5.26 5.22 5.31 1.75 %
24 Jul 22 5.22 5.17 5.24 1.52 %
25 Jul 22 5.14 5.06 5.20 2.82 %
26 Jul 22 5.06 5.02 5.10 1.61 %

TME daily forecast for this month


Tencent Music Entertainment stock forecast for 27.06.2022.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.96 Negative intraday dynamics of the instrument is expected with 1.255% volatility is expected.

Pessimistic forecast: 4.92

Optimistic: 4.98


Tencent Music Entertainment stock forecast for 28.06.2022.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.94 Negative intraday dynamics of the instrument is expected with 1.952% volatility is expected.

Pessimistic forecast: 4.92

Optimistic: 5.01


Tencent Music Entertainment stock forecast for 29.06.2022.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.92 Negative intraday dynamics of the instrument is expected with 1.372% volatility is expected.

Pessimistic forecast: 4.88

Optimistic: 4.94


Tencent Music Entertainment stock forecast for 30.06.2022.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.92 Positive intraday dynamics of the instrument is expected with 1.930% volatility is expected.

Pessimistic forecast: 4.90

Optimistic: 5.00


Tencent Music Entertainment stock forecast for 01.07.2022.
Estimated Average Forecasted Tencent Music Entertainment Price: 4.94 Positive intraday dynamics of the instrument is expected with 1.682% volatility is expected.

Pessimistic forecast: 4.91

Optimistic: 4.99


TME Forecast for 2022

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jul 4.99 4.64 5.38 13.71 %
Aug 5.32 4.95 5.81 14.92 %
Sep 5.03 4.90 5.33 8.05 %
Oct 4.60 4.36 4.98 12.41 %
Nov 4.78 4.58 4.90 6.45 %
Dec 4.97 4.70 5.32 11.56 %

Tencent Music Entertainment stock forecast for this year


Tencent Music Entertainment share price average forecast for Jul 2022 is: 4.99206 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Aug 2022 is: 5.31555 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Sep 2022 is: 5.03488 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Oct 2022 is: 4.59987 The dynamics are negative.
Tencent Music Entertainment share price average forecast for Nov 2022 is: 4.78203 The dynamics are positive.
Tencent Music Entertainment share price average forecast for Dec 2022 is: 4.97139 The dynamics are positive.


Tencent Music Entertainment stock Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 5.45 5.21 5.91 11.83 %
Feb 5.37 5.23 5.55 5.81 %
Mar 5.69 5.51 6.07 9.23 %
Apr 5.14 4.86 5.30 8.26 %
May 4.89 4.63 5.36 13.69 %
Jun 4.85 4.54 5.02 9.63 %
Jul 5.01 4.65 5.15 9.70 %
Aug 5.44 5.07 5.68 10.80 %
Sep 5.83 5.32 6.20 14.12 %
Oct 6.16 5.76 6.50 11.39 %
Nov 6.13 5.57 6.47 13.99 %
Dec 5.79 5.31 6.30 15.67 %

Tencent Music Entertainment stock Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 6.08 5.81 6.27 7.33 %
Feb 5.92 5.67 6.15 7.85 %
Mar 5.46 4.94 5.76 14.31 %
Apr 5.54 5.12 5.76 10.98 %
May 5.48 5.27 5.78 8.97 %
Jun 5.90 5.71 6.09 6.27 %
Jul 6.60 6.29 7.12 11.58 %
Aug 6.22 5.83 6.75 13.71 %
Sep 6.07 5.67 6.45 11.99 %
Oct 5.47 5.10 5.90 13.68 %
Nov 5.02 4.56 5.24 12.88 %
Dec 5.32 5.13 5.75 10.67 %



Tencent Music Entertainment stock Forecast for 2025

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 5.55 5.14 5.93 13.37 %
Feb 5.90 5.62 6.29 10.69 %
Mar 6.47 6.03 6.92 12.80 %
Apr 6.85 6.30 7.07 10.82 %
May 7.02 6.62 7.58 12.66 %
Jun 7.74 7.27 8.01 9.27 %
Jul 7.32 6.69 7.77 14.01 %
Aug 8.15 7.69 8.64 10.98 %
Sep 8.48 7.81 9.00 13.23 %
Oct 7.80 7.57 8.20 7.76 %
Nov 7.74 7.33 8.15 10.13 %
Dec 8.05 7.49 8.55 12.33 %

Tencent Music Entertainment stock Forecast for 2026

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 8.35 7.80 8.67 10.05 %
Feb 9.15 8.64 9.88 12.56 %
Mar 8.98 8.54 9.78 12.67 %
Apr 10.04 9.18 10.53 12.82 %
May 11.17 10.12 11.43 11.48 %
Jun 11.43 10.93 12.15 10.05 %
Jul 10.97 10.27 12.02 14.56 %
Aug 11.51 10.83 12.39 12.59 %
Sep 11.24 10.97 12.28 10.66 %
Oct 10.93 9.92 11.21 11.47 %
Nov 11.01 10.54 11.52 8.49 %
Dec 10.27 9.87 10.57 6.65 %

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

7 678 712 000 $

EBITDA

3 506 000 000

PE Ratio

18.8

PEG Ratio

1.587

Dividend Per Share

0

Dividend Yield

0

EPS

0.241

Quarterly Earnings Growth YOY

-0.333

Quarterly Revenue Growth YOY

-0.151

Trailing PE

18.8

Forward PE

14.79

EV To Revenue

0.183

EV To EBITDA

1.63

52 Week High

16.17

52 Week Low

2.95

50 Day Moving Average

4.275

200 Day Moving Average

6.07

Shares Outstanding

1695080000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions



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