TME
Tencent Music Entertainment Group
NYSE: TME · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$9.17
+1.66% today
Updated 2026-04-30
Market cap
$14.21B
P/E ratio
8.67
P/S ratio
0.43x
EPS (TTM)
$1.04
Dividend yield
2.66%
52W range
$9 – $26
Volume
10.3M
Tencent Music Entertainment Group (TME) Financial Forecast & Price Target 2030
Revenue-driven projection model with historical context.
Price target summary
Current price
$9.17
12-Month target
$9.87
2030 Target
—
Intrinsic (DCF)
$67.59
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 | $32.0B | $32.6B | $33.2B | $33.8B | $34.5B |
| EPS | — | — | — | — | — | — | — | — | — |
CAGR applied: 1.88% (capped 20%) · P/E: 8.67x (capped 25x) · Margin: 33.60%
Methodology
CAGR-based projection model. Research-backed estimates are being generated — check back soon for analyst consensus and management guidance.