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12.88
1.58%
+0.20
After Hours:
12.87
-0.01
-0.08%
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 positive, with an average analyst price target of $13.28, representing a +3.14% increase from the current price of $12.88. The highest analyst price target is $14.22, and the lowest is $12.35.
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 10.63
(-17.50% Downside)
Is Tencent Music Entertainment Group ADR (TME) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 72.32 | Sell |
| STOCH(9,6) | 84.18 | Sell |
| STOCHRSI(14) | 100.00 | Sell |
| MACD(12,26) | 0.4357 | Buy |
| ADX(14) | 27.67 | Buy |
| William %R | -2.267 | Sell |
| CCI(14) | 164.69 | Buy |
Buy: 3
Sell: 4
Neutral: 0
Summary: Sell
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
11.89
Buy
|
12.13
Buy
|
| MA20 |
11.70
Buy
|
11.77
Buy
|
| MA50 |
10.99
Buy
|
11.04
Buy
|
| MA100 |
9.9593
Buy
|
10.16
Buy
|
| MA200 |
8.4414
Buy
|
9.2625
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, TME could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 4 signaling Sell signals and 0 Neutral signals. This might be a good time to open fresh positions on TME, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 72.32 indicates that TME is overbought. This suggests that TME price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
- STOCH (Stochastic Oscillator): The STOCH value of 84.18 indicates that TME is oversold. This means that TME price is at or near the highest level over a specified lookback period.
- 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 27.67 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 164.69 indicates that TME is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.
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 $9.7786 by 2030, $1.9619 by 2040 and $11.79 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 $1.0116 in 2035, with a high prediction of $1.1816 and a low estimate of $0.0596. This indicates an $-92.15% rise from the last recorded price of $12.88.
- Tencent Music Entertainment Group ADR (TME) stock is projected to chart a bullish course in 2040, with an average price target of $2.0494, representing an $-84.09% surge from its current level. The forecast ranges from a conservative $1.966 to a sky-high $1.9619.
- Our analysts predict Tencent Music Entertainment Group ADR (TME) to jump -33.66% by 2045, soaring from $8.955 to an average price of $8.545, potentially reaching $9.3534. While $8.955 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 $12.09, a $-6.17% jump from its current level. However, a wide range of estimates exists, with high and low targets of $11.79 and $11.45, 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 $11.52 with a high forecast of $15.51 and a low forecast of $7.5409. The average prediction reflects an decrease of -10.52% from the last recorded price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| May, 2024 | $13.02 | $12.35 | $14.22 | +1.08% |
| June, 2024 | $8.8906 | $8.6606 | $13.08 | -30.97% |
| July, 2024 | $11.11 | $8.2008 | $11.40 | -13.73% |
| August, 2024 | $9.9325 | $9.5573 | $12.37 | -22.88% |
| September, 2024 | $8.9086 | $7.9536 | $11.01 | -30.83% |
| October, 2024 | $8.4694 | $8.0894 | $10.17 | -34.24% |
| November, 2024 | $9.2103 | $8.0946 | $9.6951 | -28.49% |
| December, 2024 | $8.5114 | $8.2864 | $10.45 | -33.92% |
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 $9.4826 in 2025, with a high prediction of $13.90 and a low estimate of $5.0606. This indicates an -26.38% fall from the last recorded price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $7.1722 | $7.1172 | $8.8868 | -44.32% |
| February, 2025 | $8.2831 | $7.0324 | $8.4981 | -35.69% |
| March, 2025 | $9.6091 | $7.6833 | $9.9933 | -25.39% |
| April, 2025 | $7.95 | $7.705 | $10.11 | -38.28% |
| May, 2025 | $5.9858 | $5.0606 | $8.1502 | -53.53% |
| June, 2025 | $7.2919 | $5.5911 | $7.4169 | -43.39% |
| July, 2025 | $7.8628 | $6.1823 | $8.8228 | -38.95% |
| August, 2025 | $9.5036 | $7.608 | $9.9986 | -26.21% |
| September, 2025 | $11.61 | $8.9941 | $13.90 | -9.86% |
| October, 2025 | $10.36 | $10.27 | $12.57 | -19.56% |
| November, 2025 | $11.65 | $9.7858 | $12.10 | -9.54% |
| December, 2025 | $10.66 | $10.02 | $12.42 | -17.26% |
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 $15.84. Estimates vary from a peak of $28.39 to a trough of $3.293, indicating an +23.00% surge from the present price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $10.91 | $9.8679 | $11.17 | -15.31% |
| February, 2026 | $13.05 | $10.24 | $13.18 | +1.31% |
| March, 2026 | $14.99 | $12.13 | $15.69 | +16.35% |
| April, 2026 | $23.12 | $14.11 | $24.94 | +79.47% |
| May, 2026 | $22.96 | $21.18 | $25.13 | +78.24% |
| June, 2026 | $16.24 | $12.45 | $28.39 | +26.11% |
| July, 2026 | $14.19 | $13.86 | $18.25 | +10.20% |
| August, 2026 | $11.32 | $10.49 | $16.01 | -12.11% |
| September, 2026 | $11.30 | $10.95 | $12.73 | -12.26% |
| October, 2026 | $9.1117 | $8.7417 | $12.39 | -29.26% |
| November, 2026 | $6.0578 | $5.7573 | $9.5669 | -52.97% |
| December, 2026 | $5.2086 | $3.293 | $5.963 | -59.56% |
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 $2.9131, with a high forecast of $5.8138 and a low forecast of $0.0124. This indicates an -77.38% decrease from the last price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $3.5545 | $3.1143 | $5.8138 | -72.40% |
| February, 2027 | $4.8003 | $3.1399 | $5.4203 | -62.73% |
| March, 2027 | $3.5064 | $3.3364 | $5.2012 | -72.78% |
| April, 2027 | $2.6673 | $2.2671 | $3.7068 | -79.29% |
| May, 2027 | $2.7833 | $2.3377 | $4.0481 | -78.39% |
| June, 2027 | $2.4342 | $1.7585 | $2.9342 | -81.10% |
| July, 2027 | $1.005 | $0.965 | $2.6994 | -92.20% |
| August, 2027 | $1.4611 | $0.1197 | $2.1707 | -88.66% |
| September, 2027 | $0.732 | $0.292 | $2.0113 | -94.32% |
| October, 2027 | $0.5928 | $0.0124 | $1.1072 | -95.40% |
| November, 2027 | $1.4889 | $0.5233 | $1.4989 | -88.44% |
| December, 2027 | $0.8898 | $0.6198 | $1.9345 | -93.09% |
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 $3.0971, with a high projection of $5.9858 and a low estimate of $0.2084. This indicates an -75.95% fall from the last price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $1.0358 | $0.3554 | $1.7658 | -91.96% |
| February, 2028 | $1.3667 | $0.881 | $1.981 | -89.39% |
| March, 2028 | $0.8675 | $0.4623 | $1.6819 | -93.26% |
| April, 2028 | $0.2484 | $0.2084 | $0.8728 | -98.07% |
| May, 2028 | $3.6745 | $0.2436 | $3.6945 | -71.47% |
| June, 2028 | $4.7453 | $3.4197 | $5.3953 | -63.16% |
| July, 2028 | $5.3814 | $4.5405 | $5.9858 | -58.22% |
| August, 2028 | $4.7423 | $4.4966 | $5.8018 | -63.18% |
| September, 2028 | $4.2731 | $4.0631 | $5.0279 | -66.82% |
| October, 2028 | $4.3792 | $3.5135 | $5.5138 | -66.00% |
| November, 2028 | $4.08 | $3.5948 | $4.9594 | -68.32% |
| December, 2028 | $4.3409 | $3.3357 | $5.1753 | -66.30% |
Tencent Music Entertainment Group ADR Stock (TME) Price Forecast for 2029
The 2029 price forecast for Tencent Music Entertainment Group ADR Stock (TME) is $6.8149 on average, with a high prediction of $11.05 and a low estimate of $2.5835. This represents an -47.09% decrease from the previous price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $4.097 | $3.942 | $5.2263 | -68.19% |
| February, 2029 | $3.8578 | $3.1726 | $4.7922 | -70.05% |
| March, 2029 | $3.3687 | $2.5835 | $3.8035 | -73.85% |
| April, 2029 | $3.1948 | $2.8748 | $4.0891 | -75.20% |
| May, 2029 | $3.5856 | $3.0152 | $3.9156 | -72.16% |
| June, 2029 | $4.3265 | $3.4858 | $4.6815 | -66.41% |
| July, 2029 | $5.2025 | $3.7267 | $5.9569 | -59.61% |
| August, 2029 | $4.1504 | $2.80 | $6.1878 | -67.78% |
| September, 2029 | $6.2421 | $3.0217 | $7.1821 | -51.54% |
| October, 2029 | $8.8343 | $4.553 | $8.8843 | -31.41% |
| November, 2029 | $9.396 | $7.7056 | $9.8947 | -27.05% |
| December, 2029 | $9.2081 | $7.4064 | $11.05 | -28.51% |
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 $6.1695 in 2030, with a high forecast of $9.7786 and a low forecast of $2.5604. This signifies an -52.10% decrease from the last price of $12.88.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $7.7649 | $7.1599 | $9.7786 | -39.71% |
| February, 2030 | $4.8416 | $3.8016 | $7.9203 | -62.41% |
| March, 2030 | $6.7333 | $4.412 | $7.0233 | -47.72% |
| April, 2030 | $5.4904 | $5.0354 | $7.9937 | -57.37% |
| May, 2030 | $4.5771 | $3.6221 | $6.6663 | -64.46% |
| June, 2030 | $4.1588 | $3.7788 | $5.8584 | -67.71% |
| July, 2030 | $5.451 | $3.7893 | $5.731 | -57.68% |
| August, 2030 | $4.2477 | $4.0227 | $6.1773 | -67.02% |
| September, 2030 | $3.2148 | $2.7948 | $4.6336 | -75.04% |
| October, 2030 | $5.0316 | $3.0253 | $5.7766 | -60.94% |
| November, 2030 | $5.4133 | $3.8178 | $5.7774 | -57.97% |
| December, 2030 | $2.9454 | $2.5604 | $5.9187 | -77.13% |
4.04%
Cap:
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Volume (24h):