
$22.19
Currently 34 wall-street analysts regularly analyze the financials of Tencent Music Entertainment Group on a frequent basis to provide recommendations along with target share price. 34 analysts offering 12-month price forecasts for Tencent Music Entertainment Group (TME) have a share price target of $28.34. This median of share price forecast represents a 27.71% upside from the latest price of $22.19 as on 31.10.25.
As per the chart shown above, analysts believe that the Tencent Music Entertainment Group (TME) share price will touch around $28.34 in next 12-months.
Below is a chart showing the percentage difference between Tencent Music Entertainment Group's share price and its median forecast price. As on 31.10.25, the difference is -18.42%
Based on 34 analysts tracking and researching Tencent Music Entertainment Group (TME) share have buy recommendation on an average.
| 3M Ago | 1M Ago | Current | |
| Buy | 17 | 19 | 19 | 
| Outperform | 8 | 9 | 10 | 
| Hold | 5 | 5 | 5 | 
| Underperform | 0 | 0 | 0 | 
| Sell | 0 | 0 | 0 |