TME analyst estimates
Tencent Music (TME) analyst ratings, the average price target and its range, and every firm's latest call.
TME analyst ratings and price targets
| Date | Firm | Call | Target |
|---|---|---|---|
| Aug 13, 2026 | Nomura | Nomura/Instinet Downgrades Tencent Music Entertainment Group (TME) to Neutral | $10.00 |
| Aug 12, 2026 | UBS | Tencent Music price target lowered to $9.50 from $13 at UBS | $9.50 |
| Aug 12, 2026 | UBS | Tencent Music price target lowered to $15 from $18 at Mizuho | $15.00 |
| Mar 18, 2026 | UBS | UBS Downgrades Tencent Music Entertainment Group (TME) to Neutral | $13.00 |
| Mar 17, 2026 | Jefferies | Tencent Music Entertainment Group (TME) PT Lowered to $23 at Jefferies | $23.00 |
| Mar 17, 2026 | Macquarie | Tencent Music Entertainment Group (TME) PT Lowered to $10.70 at Macquarie | $10.70 |
| Mar 6, 2026 | 86Research | 86Research Upgrades Tencent Music Entertainment Group (TME) to Buy | $17.40 |
| Dec 22, 2025 | Morgan Stanley | Tencent Music price target lowered to $25 from $27.50 at Morgan Stanley | $25.00 |
| Aug 13, 2025 | Bernstein | Tencent Music price target raised to $27.50 from $25 at Bernstein | $27.50 |
| Aug 12, 2025 | Macquarie | Tencent Music price target raised to $29.80 from $26.20 at Macquarie | $29.80 |
| Jun 17, 2025 | Macquarie | Tencent Music price target raised to $26.20 from $17.10 at Macquarie | $26.20 |
| Nov 6, 2024 | Barclays | Barclays Starts Tencent Music Entertainment Group (TME) at Overweight | $16.00 |
| Nov 4, 2024 | Bernstein | Bernstein SocGen Group Starts Tencent Music Entertainment Group (TME) at Outperform | $14.00 |
| Sep 25, 2024 | Morgan Stanley | Morgan Stanley Assumes Tencent Music Entertainment Group (TME) at Equalweight | $13.00 |
| Aug 14, 2024 | Bank of America Securities | Tencent Music price target lowered to $15 from $18 at BofA | $15.00 |
- 8 firms rate TME: 3 buy, 5 hold, 0 sell.
- The average price target is $9.75 from 2 analysts, from $9.50 to $10.00.
Updated 2026-11-02 23:10 UTC