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Tencent Music Entertainment Group Stock Predictions

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Buy
70

TME
Tencent Music Entertainment Group

Last Price:
12.91
Seasonality Move:
-3.29%

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Tencent Music Entertainment Group Stock Forecast

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 19.4% based on the past 5 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $12.88. The Score for TME is 70, which is 40% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 60-70% 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 19.4% based on the past 5 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
70
Tencent Music Entertainment Group (TME) is a Buy

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%

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 buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

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

52-Week Data

52-Week High:
12.93
52-Week Low:
5.70

Prediction Charts

Market Cap:
22.1B
Price in USD:
12.88
Volume:
5.99M
Beta:
0.82

Technical Analysis

SMA50:
10.99
SMA100:
9.96
SMA200:
8.45
52-Wk Change:
81.66%

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 12.88 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
Apr-9 11.63 11.84 11.97 11.63
Apr-10 11.77 11.85 11.99 11.72
Apr-11 11.97 11.90 12.00 11.75
Apr-12 11.66 11.37 11.73 11.36
Apr-15 11.40 11.24 11.59 11.17
Apr-16 11.10 11.25 11.38 10.94
Apr-17 11.19 11.27 11.35 11.12
Apr-18 11.38 11.58 11.71 11.32
Apr-19 11.48 11.36 11.53 11.23
Apr-22 11.42 11.76 11.81 11.38
Apr-23 11.91 12.32 12.37 11.79
Apr-24 12.50 12.53 12.62 12.41
Apr-25 12.33 12.68 12.70 12.24
Apr-26 12.76 12.88 12.93 12.71

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, an increase next quarter of $0.02 per share, an increase this year of $0.10 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.