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11.73
4.17%
0.47
After Hours:
11.80
0.07
+0.60%
Tencent Music Entertainment Group Adr Stock (TME) Forecast
The Tencent Music Entertainment Group Adr (TME) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $9.111, representing a -22.33% decrease from the current price of $11.73. The highest analyst price target is $10.48, and the lowest is $7.7378.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month TME Price Target
Average 9.5947
(-18.20% Downside)
Is Tencent Music Entertainment Group Adr (TME) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 50.73 | Neutral |
| STOCH(9,6) | 26.29 | Neutral |
| STOCHRSI(14) | 100.00 | Sell |
| MACD(12,26) | -0.1208 | Sell |
| ADX(14) | 16.68 | Neutral |
| William %R | -33.98 | Neutral |
| CCI(14) | 36.83 | Neutral |
Buy: 0
Sell: 2
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
11.46
Buy
|
11.52
Buy
|
| MA20 |
11.82
Sell
|
11.66
Buy
|
| MA50 |
11.32
Buy
|
11.76
Sell
|
| MA100 |
12.42
Sell
|
11.96
Sell
|
| MA200 |
12.10
Sell
|
11.42
Buy
|
Buy: 5
Sell: 5
Neutral: 0
Summary: Neutral
According to our latest analysis, TME could be considered a Moderate Sell, with 17 technical analysis indicators signaling 5 Buy signals, 7 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on TME, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 50.73 indicates that TME is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 26.29 indicates that TME is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that TME is oversold. This suggests that TME price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 16.68 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 36.83 indicates that TME is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.
Long-term TME price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Tencent Music Entertainment Group Adr financial reports and earnings history, Tencent Music Entertainment Group Adr (TME) stock could reach $8.3273 by 2030, $2.4821 by 2040 and $13.47 by 2050. See the projected annual prices until 2050 of the Tencent Music Entertainment Group Adr stock below:
- Tencent Music Entertainment Group Adr (TME) is expected to reach an average price of $2.1061 in 2035, with a high prediction of $2.4961 and a low estimate of $0.2638. This indicates an $-82.05% rise from the last recorded price of $11.73.
- Tencent Music Entertainment Group Adr (TME) stock is projected to chart a bullish course in 2040, with an average price target of $2.7021, representing an $-76.96% surge from its current level. The forecast ranges from a conservative $2.623 to a sky-high $2.4821.
- Our analysts predict Tencent Music Entertainment Group Adr (TME) to jump -17.19% by 2045, soaring from $9.4368 to an average price of $9.7132, potentially reaching $9.7177. While $9.4368 is the low estimate, the potential upside is significant.
- Tencent Music Entertainment Group Adr (TME) stock is expected to climb by 2050, reaching an average of $12.99, a $10.78% jump from its current level. However, a wide range of estimates exists, with high and low targets of $13.47 and $12.90, respectively, highlighting the market's uncertainty.
Tencent Music Entertainment Group Adr Stock (TME) Year by Year Forecast
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2024
Our forecast for TME stock price in 2024 now indicates an average price target of $10.51 with a high forecast of $13.29 and a low forecast of $7.7378. The average prediction reflects an decrease of -10.39% from the last recorded price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $8.3651 | $7.7378 | $10.48 | -28.69% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2025
Tencent Music Entertainment Group Adr Stock (TME) is expected to reach an average price of $9.5947 in 2025, with a high prediction of $14.00 and a low estimate of $5.187. This indicates an -18.20% fall from the last recorded price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $8.4283 | $7.1824 | $8.6433 | -28.15% |
| February, 2025 | $8.6278 | $7.8269 | $10.14 | -26.45% |
| March, 2025 | $8.0224 | $7.8574 | $10.25 | -31.61% |
| April, 2025 | $6.1106 | $5.187 | $8.716 | -47.91% |
| May, 2025 | $7.1902 | $5.7142 | $7.4052 | -38.70% |
| June, 2025 | $7.9497 | $6.2961 | $7.9997 | -32.23% |
| July, 2025 | $9.6079 | $7.6834 | $10.10 | -18.09% |
| August, 2025 | $13.11 | $9.0952 | $14.00 | +11.79% |
| September, 2025 | $12.07 | $11.18 | $13.44 | +2.87% |
| October, 2025 | $11.74 | $9.8743 | $12.19 | +0.04% |
| November, 2025 | $10.85 | $10.10 | $12.50 | -7.50% |
| December, 2025 | $10.98 | $9.9407 | $11.24 | -6.41% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2026
The predicted value for Tencent Music Entertainment Group Adr (TME) in 2026 is set at an average of $15.76. Estimates vary from a peak of $28.43 to a trough of $3.1036, indicating an +34.40% surge from the present price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $13.11 | $10.31 | $13.24 | +11.79% |
| February, 2026 | $14.77 | $12.19 | $15.75 | +25.89% |
| March, 2026 | $18.34 | $14.16 | $18.62 | +56.37% |
| April, 2026 | $23.00 | $20.11 | $25.17 | +96.08% |
| May, 2026 | $26.60 | $18.37 | $26.71 | +126.81% |
| June, 2026 | $15.41 | $12.49 | $28.43 | +31.36% |
| July, 2026 | $11.42 | $10.52 | $16.04 | -2.67% |
| August, 2026 | $11.69 | $10.68 | $12.75 | -0.33% |
| September, 2026 | $9.1199 | $8.7499 | $12.57 | -22.25% |
| October, 2026 | $6.7245 | $5.7608 | $9.5735 | -42.67% |
| November, 2026 | $5.109 | $3.2917 | $7.2181 | -56.44% |
| December, 2026 | $3.5422 | $3.1036 | $5.8063 | -69.80% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Tencent Music Entertainment Group Adr (TME) is $2.7105, with a high forecast of $5.4018 and a low forecast of $0.0191. This indicates an -76.89% decrease from the last price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $4.7818 | $3.1245 | $5.4018 | -59.23% |
| February, 2027 | $3.9363 | $3.8113 | $5.1763 | -66.44% |
| March, 2027 | $2.6345 | $2.2359 | $4.07 | -77.54% |
| April, 2027 | $3.4491 | $2.3018 | $4.0091 | -70.60% |
| May, 2027 | $2.2336 | $1.7164 | $3.6177 | -80.96% |
| June, 2027 | $0.9518 | $0.9118 | $2.8873 | -91.89% |
| July, 2027 | $1.2664 | $0.1745 | $2.1128 | -89.20% |
| August, 2027 | $0.4909 | $0.4809 | $1.9487 | -95.81% |
| September, 2027 | $0.5191 | $0.0191 | $1.0382 | -95.57% |
| October, 2027 | $0.9737 | $0.4464 | $1.3601 | -91.70% |
| November, 2027 | $1.2683 | $1.0073 | $1.8483 | -89.19% |
| December, 2027 | $0.8865 | $0.2628 | $1.1955 | -92.44% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2028
In 2028, Tencent Music Entertainment Group Adr (TME) is projected to reach an average price of $2.9738, with a high projection of $5.8538 and a low estimate of $0.0938. This indicates an -74.65% fall from the last price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $1.551 | $0.7837 | $1.8837 | -86.78% |
| February, 2028 | $0.5656 | $0.3556 | $1.5783 | -95.18% |
| March, 2028 | $0.1338 | $0.0938 | $1.1092 | -98.86% |
| April, 2028 | $2.3183 | $0.1274 | $2.6083 | -80.24% |
| May, 2028 | $4.6165 | $2.242 | $5.2665 | -60.64% |
| June, 2028 | $4.9411 | $4.4102 | $5.8538 | -57.88% |
| July, 2028 | $4.6856 | $4.3584 | $5.662 | -60.05% |
| August, 2028 | $4.1238 | $3.9138 | $5.2393 | -64.84% |
| September, 2028 | $4.2284 | $3.3611 | $5.3597 | -63.95% |
| October, 2028 | $3.9429 | $3.4329 | $4.8007 | -66.39% |
| November, 2028 | $4.1711 | $3.1675 | $5.0102 | -64.44% |
| December, 2028 | $4.0457 | $3.9157 | $5.0534 | -65.51% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2029
The 2029 price forecast for Tencent Music Entertainment Group Adr Stock (TME) is $6.0862 on average, with a high prediction of $9.7777 and a low estimate of $2.3948. This represents an -48.11% decrease from the previous price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $3.6739 | $2.9902 | $4.613 | -68.68% |
| February, 2029 | $3.1784 | $2.3948 | $3.6148 | -72.90% |
| March, 2029 | $3.033 | $2.983 | $3.8957 | -74.14% |
| April, 2029 | $3.2776 | $2.6766 | $3.7076 | -72.06% |
| May, 2029 | $4.1158 | $3.2012 | $4.4708 | -64.91% |
| June, 2029 | $5.1903 | $3.5144 | $5.743 | -55.75% |
| July, 2029 | $5.7849 | $4.689 | $5.9676 | -50.68% |
| August, 2029 | $6.1931 | $4.9794 | $6.3621 | -47.20% |
| September, 2029 | $7.0376 | $5.7967 | $7.499 | -40.00% |
| October, 2029 | $7.7758 | $5.9635 | $8.6258 | -33.71% |
| November, 2029 | $8.2004 | $7.6345 | $8.8367 | -30.09% |
| December, 2029 | $8.175 | $7.57 | $9.7777 | -30.31% |
Tencent Music Entertainment Group Adr Stock (TME) Price Forecast for 2030
Tencent Music Entertainment Group Adr Stock (TME) is expected to reach an average price of $4.7647 in 2030, with a high forecast of $8.3755 and a low forecast of $1.1539. This signifies an -59.38% decrease from the last price of $11.73.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $5.4464 | $4.1991 | $8.3273 | -53.57% |
| February, 2030 | $7.3005 | $5.3337 | $8.3755 | -37.76% |
| March, 2030 | $5.8596 | $5.4046 | $7.9228 | -50.05% |
| April, 2030 | $4.9337 | $3.9787 | $7.0292 | -57.94% |
| May, 2030 | $4.5351 | $4.1228 | $6.2056 | -61.34% |
| June, 2030 | $5.7792 | $4.3047 | $6.0592 | -50.73% |
| July, 2030 | $4.0956 | $3.6356 | $6.4961 | -65.08% |
| August, 2030 | $3.5147 | $3.0947 | $4.9429 | -70.04% |
| September, 2030 | $5.3189 | $3.322 | $6.0639 | -54.66% |
| October, 2030 | $5.0153 | $4.0957 | $6.1903 | -57.24% |
| November, 2030 | $3.2044 | $2.8194 | $5.4675 | -72.68% |
| December, 2030 | $2.4585 | $1.1539 | $3.3035 | -79.04% |
0.58%
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