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Tencent Music Entertainment Group Stock Predictions

Tencent Music Entertainment Group Stock Forecast

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 12.7% based on the past 5 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 4 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 80%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $11.89. The Score for TME is 52, which is 4% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 50-60% percentile range relative to its historical Stock Score levels.

Will Tencent Music Entertainment Group Stock Go Up Next Year?

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 12.7% based on the past 5 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
52
Tencent Music Entertainment Group (TME) is a Buy

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 4 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 80%

Tencent Music Entertainment Group Stock Price History

Is TME stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and TME is experiencing slight buying pressure.

Stock Information

Stock Info

Exchange:
NYSE
Country:
China
Industry:
Entertainment
Sector:
Communication Services
Type:
stock
Website:
tencentmusic.com

52-Week Data

52-Week High:
15.77
52-Week Low:
8.19

Prediction Charts

Market Cap:
20.1B
Price in USD:
11.89
Volume:
2M
Beta:
0.78

Technical Analysis

SMA50:
11.69
SMA100:
11.49
SMA200:
12.42
52-Wk Change:
39.72%

Stock Predictions

  • Is Tencent Music Entertainment Group stock public?
    Yes, Tencent Music Entertainment Group is a publicly traded company.
  • What is the Tencent Music Entertainment Group stock quote today?
    The Tencent Music Entertainment Group stock price is 11.89 USD today.
  • How to buy Tencent Music Entertainment Group stock online?
    You can buy Tencent Music Entertainment Group shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Dec-5 12.19 12.23 12.34 12.15
Dec-6 12.45 12.55 12.63 12.36
Dec-9 13.15 13.16 13.83 13.08
Dec-10 12.82 12.50 12.94 12.38
Dec-11 12.25 11.78 12.37 11.67
Dec-12 11.86 12.07 12.37 11.81
Dec-13 11.88 11.98 12.06 11.54
Dec-16 11.75 11.30 11.83 11.27
Dec-17 11.40 11.78 11.91 11.30
Dec-18 11.77 11.77 11.91 11.65
Dec-19 11.90 11.79 12.00 11.74
Dec-20 11.70 11.95 12.03 11.65
Dec-23 11.81 11.75 11.90 11.58
Dec-24 11.82 11.89 11.99 11.75

Tencent Music Entertainment Group Earnings

Tencent Music Entertainment Group Earnings Report: Per Share Tencent Music Entertainment Group Earnings Q1 Q2 Q3 and Q4 last year and next year.

Tencent Music Entertainment Group Forecast Revenue Growth

Tencent Music Entertainment Group Stock Analysis: Historical quarterly revenues per share for Tencent Music Entertainment Group and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.04 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.13 per share, and an increase next year of $0.11 per share.

* Tencent Music Entertainment Group stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.