Tencent Music Entertainment Group TME
9.04 USD +0.13 (+1.46%)
At closeNov 3, 2026, 4:43 PM EST
8.95 -0.09 -1.00%
After hours · Nov 3, 4:43 PM ET
8.88 Day range 9.07
7.66 52-week range 23.00
- YTD
- -48.43%
- 1 year
- -60.95%
Analyst view
Consensus: buy
Buy
Price target (mean) 12.67 +40.2% upside
Now 9.04
- Target (low)
- 9.10
- Target (mean)
- 12.67
- Target (high)
- 24.01
Ratings (0m) 29 18 buy · 11 hold · 0 sell
- Strong buy3
- Buy15
- Hold11
- Sell0
- Strong sell0
Recommendation trend
- This month 29
- 1 month ago 29
- 2 months ago 29
Earnings and revenue estimates
Consensus for the coming quarters and fiscal years
| Period | EPS estimate | Low – high | Year ago | EPS growth | Revenue estimate | Revenue growth | Analysts |
|---|---|---|---|---|---|---|---|
| Current quarter | 1.50 | 1.46 – 1.62 | 1.54 | -2.3% | 9.14B | +8.0% | 10 |
| Next quarter | 1.57 | 1.55 – 1.59 | 1.60 | -1.9% | 9.32B | +7.8% | 7 |
| Current year | 6.25 | 6.18 – 6.46 | 6.17 | +1.4% | 35.36B | +7.5% | 20 |
| Next year | 6.75 | 6.44 – 7.12 | 6.25 | +7.9% | 38.17B | +8.0% | 21 |
Upgrades and downgrades
The latest rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 12, 2026 | China Renaissance | Downgrade | Buy | Hold |
| Aug 12, 2026 | Mizuho | Maintained | Outperform | Outperform |
| May 14, 2026 | JP Morgan | Maintained | Neutral | Neutral |
| May 13, 2026 | Mizuho | Maintained | Outperform | Outperform |
| Mar 19, 2026 | Barclays | Maintained | Overweight | Overweight |
| Mar 18, 2026 | UBS | Downgrade | Buy | Neutral |
| Mar 18, 2026 | JP Morgan | Downgrade | Overweight | Neutral |
| Mar 18, 2026 | Mizuho | Maintained | Outperform | Outperform |
| Mar 18, 2026 | Benchmark | Downgrade | Buy | Hold |
| Mar 5, 2026 | Macquarie | Downgrade | Outperform | Neutral |
| Dec 22, 2025 | Morgan Stanley | Maintained | Overweight | Overweight |
| Nov 13, 2025 | Benchmark | Maintained | Buy | Buy |
| Nov 12, 2025 | Barclays | Maintained | Overweight | Overweight |
| Aug 13, 2025 | Benchmark | Maintained | Buy | Buy |
| Aug 12, 2025 | Citigroup | Maintained | Buy | Buy |
| Aug 12, 2025 | Barclays | Maintained | Overweight | Overweight |
| Mar 19, 2025 | Mizuho | Maintained | Outperform | Outperform |
| Jan 21, 2025 | Morgan Stanley | Upgrade | Equal-Weight | Overweight |
| Nov 6, 2024 | Barclays | Initiated | — | Overweight |
| Nov 4, 2024 | Bernstein | Initiated | — | Outperform |
| Sep 25, 2024 | Morgan Stanley | Downgrade | Overweight | Equal-Weight |
| Aug 14, 2024 | Benchmark | Maintained | Buy | Buy |
| Aug 14, 2024 | Mizuho | Maintained | Outperform | Outperform |
| Aug 14, 2024 | B of A Securities | Maintained | Buy | Buy |
| May 14, 2024 | Benchmark | Maintained | Buy | Buy |
| May 14, 2024 | Mizuho | Maintained | Buy | Buy |
| May 10, 2024 | Mizuho | Maintained | Buy | Buy |
| Mar 20, 2024 | Morgan Stanley | Maintained | Overweight | Overweight |
| Mar 20, 2024 | Goldman Sachs | Upgrade | Neutral | Buy |
| Mar 20, 2024 | Benchmark | Maintained | Buy | Buy |