TME
Tencent Music Entertainment Group
NYSE: TME · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$8.38
+0.54% today
Updated 2026-10-29
Market cap
$13.87B
P/E ratio
10.38
P/S ratio
0.41x
EPS (TTM)
$0.82
Dividend yield
2.82%
52W range
$8 – $23
Volume
7.2M
Tencent Music Entertainment Group (TME) Financial Forecast & Price Target 2030
Revenue-driven projection model with historical context.
Price target summary
Current price
$8.38
12-Month target
$9.87
2030 Target
—
Intrinsic (DCF)
$37.95
Financial forecast
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.2B | $28.3B | $27.8B | $28.4B | $32.9B | $33.7B | $34.5B | $35.4B | $36.2B |
| EPS | — | — | — | — | — | — | — | — | — |
CAGR applied: 2.45% (capped 20%) · P/E: 10.38x (capped 25x) · Margin: 26.30%
Methodology
CAGR-based projection model. Research-backed estimates are being generated — check back soon for analyst consensus and management guidance.