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Communication Services - Internet Content & Information - NYSE - CN
$ 18.48
-0.699 %
$ 28.8 B
Market Cap
21.74
P/E
Price Target Average
--16.36%
Revenue Forecast Estimate
16.21%
EBIT Estimate
2.49%
Net Income Estimate
24.40%
WALL STREET ESTIMATES
Wall Street Analysts Price Targets Tencent Music Entertainment Group
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Wall Street analysts predict an average 1-year price target for TME of $15.5 , with forecasts ranging from a low of $12 to a high of $26.2 .
TME Lowest Price Target Wall Street Target
12 USD -35.06%
TME Average Price Target Wall Street Target
15.5 USD -16.36%
TME Highest Price Target Wall Street Target
26.2 USD 41.77%
Price
Max Price Target
Min Price Target
Average Price Target
282826262424222220201818161614141212101088Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
REVENUE FORECAST

Revenue Forecast Chart TME

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$60.0b$60.0b$50.0b$50.0b$40.0b$40.0b$30.0b$30.0b$20.0b$20.0b$10.0b$10.0b$0.0$0.0201820182019201920202020202120212022202220232023202420242025202520262026202720272028202820292029
EBIT FORECAST

EBIT Forecast Chart TME

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$10.0b$10.0b$9.0b$9.0b$8.0b$8.0b$7.0b$7.0b$6.0b$6.0b$5.0b$5.0b$4.0b$4.0b$3.0b$3.0b$2.0b$2.0b$1.0b$1.0b$0.0$0.0201820182019201920202020202120212022202220232023202420242025202520262026202720272028202820292029
NET INCOME FORECAST

Net Income Chart TME

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$16.0b$16.0b$14.0b$14.0b$12.0b$12.0b$10.0b$10.0b$8.0b$8.0b$6.0b$6.0b$4.0b$4.0b$2.0b$2.0b$0.0$0.0201820182019201920202020202120212022202220232023202420242025202520262026202720272028202820292029