Tencent Music Entertainment Group (TME)
Streams music, hosts karaoke, and runs live performances across China
$9.33+0.00%Communication Services
StockGlow Score
Neutral
BearishBullish
1 year ago-54.6%
The outlook
Tencent Music trades at $9.33, sitting near its 52-week low with analysts largely bullish and an average price target around 65% above current levels. The stock shows mixed momentum against its moving averages, and its low trailing P/E of 11.1 suggests limited downside valuation cushion. Overall sentiment is neutral despite the buy-rated consensus.
What’s behind the score
Analyst consensusBuy — 1.7 avg of 28 analysts
Price trendMixed vs its moving averages
52-week range7% of the way from its 52-week low to high
Price targetAvg target +65% vs current price
Analyst price target
~12-month · 28 analysts$15.42average target+65.2% vs now
Now $9.33
Low $10.05High $28.34
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$15.28B
52-wk high
$26.70
52-wk low
$7.94
50-day avg
$8.90
200-day avg
$14.05
Trailing P/E
11.1