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Ranked #945 by analyst upside · 2026-06-27
TME
Tencent Music Entertainment Group
Communication Services · Market Cap $14B · P/E 9.8x
ANALYST PRICE TARGET
+83.7%
implied upside to consensus target
Current Price $8.39
Consensus Target $15.41
Bull Target $28.21
Bear Target $10.0
Analysts Covering 28
ANALYST CONSENSUS — BUY
Strong Buy
4
Buy
17
Hold
7
Sell
0
52-Week Low $7.94
52-Week High $26.7
YTD Return -51.8%
FUNDAMENTALS
Market Cap $14B
P/E Ratio (TTM) 9.8x
Forward P/E 7.9x
EPS (TTM) $0.86
PEG Ratio 1.08
Dividend Yield 2.94%
Revenue (TTM) $33.4B
Profit Margin 26.5%
52-WEEK RANGE
52-Week Low $7.94
52-Week High $26.7
Current Price $8.39
Bear Target $10.0
Bull Target $28.21
● Now $8.39 ● Target $15.41
TRADING DATA
Avg Volume 10.8M
YTD Return -51.8%
Analyst Count 28
Consensus Buy
Upside to Target +83.7%
Last Updated 2026-06-27

ANALYST SUMMARY

Tencent Music Entertainment Group (TME) is currently trading at $8.39 with a Wall Street consensus price target of $15.41, implying potential upside of 83.7% over the next 12 months. 28 analysts currently cover TME, with a consensus rating of Buy — 75% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $28.21, while the most cautious has a target of $10.0.

TME operates in the Communication Services sector with a market capitalisation of $14B. The stock is down 51.8% year-to-date and is currently trading near the lower end of its 52-week range of $7.94 – $26.7.

SIMILAR STOCKS

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RECENT ANALYST CALLS

Upgrade/downgrade history for TME, with each firm's 90-day track record across all stocks we track. See full firm rankings →

JP Morgan — Reiterated
Neutral → Neutral 2026-05-14 43% win rate (7 calls)
Mizuho — Reiterated
Outperform → Outperform 2026-05-13 Building track record
Barclays — Reiterated
Overweight → Overweight 2026-03-19 Building track record
UBS ↓ Downgrade
Buy → Neutral 2026-03-18 33% win rate (6 calls)
JP Morgan ↓ Downgrade
Overweight → Neutral 2026-03-18 43% win rate (7 calls)
Mizuho — Reiterated
Outperform → Outperform 2026-03-18 Building track record
Benchmark ↓ Downgrade
Buy → Hold 2026-03-18 Building track record
Macquarie ↓ Downgrade
Outperform → Neutral 2026-03-05 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
out of 100
Coverage depth
0/30
Consensus clarity
0/30
Vote unanimity
0/25
Rating stability
0/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call — not that the stock will go up.

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