Tencent Music Entertainment (TME) stock Forecast for 2022 – 2026
Last update: 05-20-2022, 9:27
Sector: Communication servicesThe share price of Tencent Music Entertainment Group (TME) now
What analysts predict:: $12.46
52-week high/low: $16.53 / $2.95
50/200 Day Moving Average: $4.49 / $6.68
This figure corresponds to the average price over the previous 50/200 days. For Tencent Music Entertainment stocks, the 50-day moving average is the resistance level today.
For Tencent Music Entertainment stocks, the 200-day moving average is the resistance level today.
Are you interested in Tencent Music Entertainment Group stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Tencent Music Entertainment stock price in 2022, 2023, 2024, 2025, 2026. How much will one Tencent Music Entertainment share be worth in 2022 - 2026?
When should I take profit in Tencent Music Entertainment stock? When should I record a loss on Tencent Music Entertainment stock? What are analysts' forecasts for Tencent Music Entertainment stock? What is the future of Tencent Music Entertainment stock?
We forecast Tencent Music Entertainment stock performance using neural networks based on historical data on Tencent Music Entertainment stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Tencent Music Entertainment stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2022, 2023, 2024, 2025 and 2026)
The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Tencent Music Entertainment shares. This happens once a day.
Historical and forecast chart of Tencent Music Entertainment stock
The chart below shows the historical price of Tencent Music Entertainment stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Tencent Music Entertainment stock price can be found in the table below.
Long-term forecasts by years.
Tencent Music Entertainment daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May 22 | 4.12 | 4.08 | 4.16 | 1.98 |
| May 23 | 4.08 | 4.01 | 4.10 | 2.21 |
| May 24 | 4.10 | 4.07 | 4.14 | 1.57 |
| May 25 | 4.06 | 4.00 | 4.09 | 2.17 |
| May 26 | 4.06 | 4.03 | 4.11 | 1.77 |
| May 27 | 4.05 | 3.99 | 4.08 | 2.34 |
| May 28 | 4.06 | 4.04 | 4.12 | 1.99 |
| May 29 | 4.05 | 4.00 | 4.08 | 1.96 |
| May 30 | 3.99 | 3.97 | 4.05 | 2.09 |
| May 31 | 4.00 | 3.95 | 4.04 | 2.04 |
| Jun 01 | 3.95 | 3.91 | 3.99 | 2.18 |
| Jun 02 | 3.96 | 3.93 | 3.98 | 1.27 |
| Jun 03 | 3.98 | 3.96 | 4.04 | 2.05 |
| Jun 04 | 4.01 | 3.99 | 4.08 | 2.15 |
| Jun 05 | 4.08 | 4.03 | 4.13 | 2.66 |
| Jun 06 | 4.13 | 4.07 | 4.17 | 2.50 |
| Jun 07 | 4.19 | 4.13 | 4.21 | 2.05 |
| Jun 08 | 4.21 | 4.19 | 4.25 | 1.63 |
| Jun 09 | 4.19 | 4.13 | 4.25 | 2.98 |
| Jun 10 | 4.15 | 4.12 | 4.18 | 1.55 |
| Jun 11 | 4.18 | 4.17 | 4.21 | 1.00 |
| Jun 12 | 4.14 | 4.10 | 4.17 | 1.61 |
| Jun 13 | 4.12 | 4.09 | 4.18 | 2.20 |
| Jun 14 | 4.12 | 4.10 | 4.15 | 1.23 |
| Jun 15 | 4.15 | 4.11 | 4.17 | 1.45 |
| Jun 16 | 4.14 | 4.12 | 4.17 | 1.31 |
| Jun 17 | 4.12 | 4.07 | 4.18 | 2.61 |
| Jun 18 | 4.12 | 4.08 | 4.17 | 2.33 |
| Jun 19 | 4.15 | 4.12 | 4.21 | 2.24 |
| Jun 20 | 4.10 | 4.06 | 4.13 | 1.86 |
Tencent Music Entertainment Daily Price Targets
Tencent Music Entertainment Stock Forecast 05-22-2022.
Pessimistic target level: 4.08
Optimistic target level: 4.16
Tencent Music Entertainment Stock Forecast 05-23-2022.
Pessimistic target level: 4.01
Optimistic target level: 4.10
Tencent Music Entertainment Stock Forecast 05-24-2022.
Pessimistic target level: 4.07
Optimistic target level: 4.14
Tencent Music Entertainment Stock Forecast 05-25-2022.
Pessimistic target level: 4.00
Optimistic target level: 4.09
Tencent Music Entertainment Stock Forecast 05-26-2022.
Pessimistic target level: 4.03
Optimistic target level: 4.11
Tencent Music Entertainment Stock Forecast 05-27-2022.
Pessimistic target level: 3.99
Optimistic target level: 4.08
TME (TME) Monthly Stock Prediction for 2022
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jun. | 4.52 | 4.27 | 4.68 | 8.69 |
| Jul. | 4.55 | 4.43 | 4.71 | 5.91 |
| Aug. | 4.79 | 4.34 | 5.13 | 15.47 |
| Sep. | 4.29 | 4.10 | 4.52 | 9.34 |
| Oct. | 4.22 | 3.88 | 4.33 | 10.18 |
| Nov. | 4.24 | 4.05 | 4.58 | 11.56 |
| Dec. | 4.36 | 4.22 | 4.76 | 11.41 |
Tencent Music Entertainment forecast for this year
Tencent Music Entertainment Stock Prediction for Jun 2022
An uptrend is forecast for this month with an optimal target price of $4.51852. Pessimistic: $4.27. Optimistic: $4.68
Tencent Music Entertainment Stock Prediction for Jul 2022
An uptrend is forecast for this month with an optimal target price of $4.55105. Pessimistic: $4.43. Optimistic: $4.71
Tencent Music Entertainment Stock Prediction for Aug 2022
An uptrend is forecast for this month with an optimal target price of $4.79135. Pessimistic: $4.34. Optimistic: $5.13
Tencent Music Entertainment Stock Prediction for Sep 2022
An downtrend is forecast for this month with an optimal target price of $4.29113. Pessimistic: $4.10. Optimistic: $4.52
Tencent Music Entertainment Stock Prediction for Oct 2022
An downtrend is forecast for this month with an optimal target price of $4.21904. Pessimistic: $3.88. Optimistic: $4.33
Tencent Music Entertainment Stock Prediction for Nov 2022
An uptrend is forecast for this month with an optimal target price of $4.23929. Pessimistic: $4.05. Optimistic: $4.58
Tencent Music Entertainment Stock Prediction for Dec 2022
An uptrend is forecast for this month with an optimal target price of $4.3563. Pessimistic: $4.22. Optimistic: $4.76
Tencent Music Entertainment (TME) Monthly Stock Prediction for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 4.53 | 4.15 | 4.66 | 11.07 |
| Feb | 4.37 | 4.24 | 4.65 | 8.79 |
| Mar | 4.81 | 4.61 | 5.02 | 8.27 |
| Apr | 4.49 | 4.08 | 4.68 | 12.80 |
| May | 4.58 | 4.31 | 4.83 | 10.70 |
| Jun | 4.83 | 4.44 | 5.16 | 13.91 |
| Jul | 4.63 | 4.46 | 4.75 | 5.97 |
| Aug | 4.91 | 4.57 | 5.32 | 14.17 |
| Sep | 4.94 | 4.65 | 5.22 | 10.79 |
| Oct | 5.10 | 4.79 | 5.40 | 11.33 |
| Nov | 5.25 | 4.79 | 5.39 | 11.11 |
| Dec | 5.08 | 4.69 | 5.42 | 13.49 |
Tencent Music Entertainment (TME) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 4.68 | 4.45 | 5.04 | 11.81 |
| Feb | 4.53 | 4.21 | 4.80 | 12.35 |
| Mar | 4.65 | 4.43 | 4.88 | 9.05 |
| Apr | 4.89 | 4.62 | 5.04 | 8.27 |
| May | 5.08 | 4.78 | 5.56 | 14.03 |
| Jun | 5.50 | 5.19 | 5.86 | 11.38 |
| Jul | 6.08 | 5.56 | 6.51 | 14.57 |
| Aug | 5.81 | 5.56 | 6.26 | 11.14 |
| Sep | 6.08 | 5.62 | 6.58 | 14.63 |
| Oct | 6.24 | 6.00 | 6.49 | 7.62 |
| Nov | 6.13 | 5.59 | 6.60 | 15.17 |
| Dec | 6.38 | 5.99 | 6.90 | 13.20 |
Tencent Music Entertainment (TME) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 6.01 | 5.66 | 6.58 | 13.94 |
| Feb | 6.53 | 5.99 | 6.99 | 14.23 |
| Mar | 7.22 | 6.66 | 7.69 | 13.40 |
| Apr | 7.95 | 7.32 | 8.42 | 13.03 |
| May | 7.77 | 7.02 | 8.47 | 17.06 |
| Jun | 7.94 | 7.27 | 8.28 | 12.19 |
| Jul | 7.60 | 7.32 | 8.02 | 8.65 |
| Aug | 8.09 | 7.69 | 8.53 | 9.79 |
| Sep | 8.42 | 7.66 | 9.13 | 16.05 |
| Oct | 8.12 | 7.85 | 8.68 | 9.54 |
| Nov | 8.22 | 7.63 | 8.95 | 14.77 |
| Dec | 7.90 | 7.40 | 8.28 | 10.53 |
Tencent Music Entertainment (TME) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 8.30 | 7.80 | 8.98 | 13.20 |
| Feb | 8.57 | 8.14 | 8.78 | 7.27 |
| Mar | 9.48 | 9.09 | 10.17 | 10.62 |
| Apr | 9.57 | 9.02 | 10.09 | 10.59 |
| May | 10.01 | 9.39 | 10.92 | 13.97 |
| Jun | 10.44 | 9.62 | 10.81 | 11.00 |
| Jul | 10.30 | 9.93 | 10.65 | 6.73 |
| Aug | 9.93 | 9.45 | 10.61 | 10.89 |
| Sep | 8.94 | 8.42 | 9.68 | 13.08 |
| Oct | 9.36 | 8.47 | 9.88 | 14.22 |
| Nov | 8.25 | 7.51 | 9.02 | 16.79 |
| Dec | 8.18 | 7.46 | 8.85 | 15.64 |
Tencent Music Entertainment information and performance
Tencent Music Entertainment Group is an online music entertainment platform in China, supporting the top four music mobile apps in terms of active users in Q3 2018. The platform includes online music, online karaoke and music streaming services i.e. it brings all musical entertainment together in one place, allowing users to easily listen, sing, watch shows and communicate with each other. The company has developed not just a music streaming platform, but an all-encompassing social network for music lovers.
Tencent Music Entertainment Address
17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA
Market Capitalization: 6 949 828 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: 3 886 000 000 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 15.47
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: 0.954
Price/earnings to growth
DPS: N/A
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
DY: N/A
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS: 0.265
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: -0.561
Quarterly Revenue Growth YOY: -0.087
Trailing PE: 15.47
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 11.26
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 0.139
Enterprise Value (EV) /Revenue
EV To EBITDA: 0.916
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 1695080000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A