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Tencent Music Entertainment (TME) stock forecast for 2026
Updated: April 23, 2024 (09:31)
Sector: Communication servicesThe share price of Tencent Music Entertainment Group (TME) now
50/200 Day Moving Average: $10.72 / $8.32
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 2026. How much will one Tencent Music Entertainment share be worth in 2026? Is it worth taking profit / loss on TME stock now or waiting? What are analysts' forecasts for Tencent Music Entertainment stock?
We forecast Tencent Music Entertainment stock performance using neural networks based on historical data on TME stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Tencent Music Entertainment Group stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Tencent Music Entertainment analysts is $12. Today 200 Day Moving Average is the support level (8.32 $). 50 Day Moving Average is the support level (10.72 $).
Historical and forecast chart of Tencent Music Entertainment Group stock
The chart below shows the historical price of Tencent Music Entertainment stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the TME stock price can be found in the table below.
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 (TME) Forecast for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 21.12 | 19.55 | 22.77 | 14.14 % |
| Feb | 21.40 | 19.71 | 22.02 | 10.50 % |
| Mar | 19.99 | 19.08 | 21.31 | 10.47 % |
| Apr | 21.38 | 20.28 | 22.58 | 10.22 % |
| May | 22.17 | 21.22 | 23.19 | 8.49 % |
| Jun | 22.81 | 20.68 | 24.73 | 16.38 % |
| Jul | 23.91 | 22.44 | 25.83 | 13.11 % |
| Aug | 22.65 | 21.72 | 23.41 | 7.20 % |
| Sep | 23.62 | 22.77 | 24.42 | 6.73 % |
| Oct | 23.31 | 22.02 | 25.19 | 12.55 % |
| Nov | 24.57 | 22.24 | 26.66 | 16.59 % |
| Dec | 24.78 | 24.09 | 25.67 | 6.14 % |
Tencent Music Entertainment information and performance
17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA
Market capitalization of the Tencent Music Entertainment Group is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of TME shares in the company outstanding by the market price of one share.
EBITDA of Tencent Music Entertainment is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Tencent Music Entertainment price target for 2026 by month
Target values for the price of one Tencent Music Entertainment share for Jan 2026.
In Jan, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 14.137% volatility is expected.
Pessimistic target level: 19.55
Optimistic target level: 22.77
Target values for the price of one Tencent Music Entertainment share for Feb 2026.
In Feb, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 10.498% volatility is expected.
Pessimistic target level: 19.71
Optimistic target level: 22.02
Target values for the price of one Tencent Music Entertainment share for Mar 2026.
In Mar, the Negative dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 10.469% volatility is expected.
Pessimistic target level: 19.08
Optimistic target level: 21.31
Target values for the price of one Tencent Music Entertainment share for Apr 2026.
In Apr, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 10.223% volatility is expected.
Pessimistic target level: 20.28
Optimistic target level: 22.58
Target values for the price of one Tencent Music Entertainment share for May 2026.
In May, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 8.493% volatility is expected.
Pessimistic target level: 21.22
Optimistic target level: 23.19
Target values for the price of one Tencent Music Entertainment share for Jun 2026.
In Jun, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 16.384% volatility is expected.
Pessimistic target level: 20.68
Optimistic target level: 24.73
Target values for the price of one Tencent Music Entertainment share for Jul 2026.
In Jul, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 13.106% volatility is expected.
Pessimistic target level: 22.44
Optimistic target level: 25.83
Target values for the price of one Tencent Music Entertainment share for Aug 2026.
In Aug, the Negative dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 7.198% volatility is expected.
Pessimistic target level: 21.72
Optimistic target level: 23.41
Target values for the price of one Tencent Music Entertainment share for Sep 2026.
In Sep, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 6.734% volatility is expected.
Pessimistic target level: 22.77
Optimistic target level: 24.42
Target values for the price of one Tencent Music Entertainment share for Oct 2026.
In Oct, the Negative dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 12.551% volatility is expected.
Pessimistic target level: 22.02
Optimistic target level: 25.19
Target values for the price of one Tencent Music Entertainment share for Nov 2026.
In Nov, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 16.587% volatility is expected.
Pessimistic target level: 22.24
Optimistic target level: 26.66
Target values for the price of one Tencent Music Entertainment share for Dec 2026.
In Dec, the Positive dynamics for Tencent Music Entertainment Group shares will prevail with possible monthly volatility of 6.139% volatility is expected.
Pessimistic target level: 24.09
Optimistic target level: 25.67
