Analyst Consensus ?
ConsensusHold22 ratings
Bullish1045.5%
Neutral1150.0%
Bearish14.5%
1 unmapped firm rating excluded from the percentages.
FN2 Earnings Intelligence
Tencent Music Entertainment Group complete analyst coverage
Tencent Music Entertainment Group (TME) analyst consensus, price targets, and firm-level rating history from FN2 Research.
Analyst 52W Price Targets
$8.17Current
$8Low
$15.32Average
$27.5High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 21, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Mizuho | Outperform | Outperform | Maintain | Aug 12, 2026 |
| China Renaissance | Hold | Buy | Downgrade | Aug 12, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | May 14, 2026 |
| Barclays | Overweight | Overweight | Maintain | Mar 19, 2026 |
| UBS | Neutral | Buy | Downgrade | Mar 18, 2026 |
| Benchmark | Hold | Buy | Downgrade | Mar 18, 2026 |
| Macquarie | Neutral | Outperform | Downgrade | Mar 5, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Dec 22, 2025 |
| Citigroup | Buy | Buy | Maintain | Aug 12, 2025 |
| B of A Securities | Buy | Buy | Maintain | Aug 14, 2024 |
| HSBC | Hold | Hold | Maintain | Mar 20, 2024 |
| Goldman Sachs | Buy | Neutral | Upgrade | Mar 20, 2024 |
| Loop Capital | Hold | Buy | Downgrade | Sep 13, 2021 |
| Needham | Buy | Buy | Maintain | Aug 19, 2021 |
| Deutsche Bank | Hold | Buy | Downgrade | Aug 19, 2021 |
| Oppenheimer | Perform | Outperform | Downgrade | Feb 19, 2020 |
| Keybanc | Overweight | Downgrade | Feb 18, 2020 | |
| CCB International | Neutral | Outperform | Downgrade | Feb 18, 2020 |
| BOCOM International | Sell | Neutral | Downgrade | Feb 18, 2020 |
| New Street | Buy | Buy | Maintain | Oct 18, 2019 |
| Bank of America | Buy | Buy | Maintain | Aug 13, 2019 |
| Jefferies | Buy | Buy | Maintain | Aug 5, 2019 |
| Credit Suisse | Neutral | Outperform | Downgrade | Mar 20, 2019 |
Named analyst price targets
Upside is calculated against the persisted current price $8.17. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Nomura | Rachel Guo | $10 | $8.46 | +22.4% | Aug 13, 2026 |
| UBS | Analyst unavailable | $15 | $8.72 | +83.6% | Aug 12, 2026 |
| UBS | Analyst unavailable | $9.5 | $8.72 | +16.3% | Aug 12, 2026 |
| UBS | Wei Xiong | $13 | $10.16 | +59.1% | Mar 18, 2026 |
| Macquarie | Ellie Jiang | $10.7 | $11.37 | +31.0% | Mar 17, 2026 |
| Jefferies | Thomas Chong | $23 | $11.46 | +181.5% | Mar 17, 2026 |
| 86Research | Charlie Chai | $17.4 | $13.56 | +113.0% | Mar 6, 2026 |
| Morgan Stanley | Analyst unavailable | $25 | $17.79 | +206.0% | Dec 22, 2025 |
| Bernstein | Boris Van | $27.5 | $25.39 | +236.6% | Aug 13, 2025 |
| Macquarie | Ellie Jiang | $29.8 | $25.39 | +264.7% | Aug 12, 2025 |
| Macquarie | Ellie Jiang | $26.2 | $18.2 | +220.7% | Jun 17, 2025 |
| Barclays | Jiong Shao | $16 | $11.74 | +95.8% | Nov 6, 2024 |
| Bernstein | Boris Van | $14 | $11.26 | +71.4% | Nov 4, 2024 |
| Morgan Stanley | Yang Liu | $13 | $11.27 | +59.1% | Sep 25, 2024 |
| Bank of America Securities | Lei Zhang | $15 | $11.12 | +83.6% | Aug 14, 2024 |
| 86Research | Charlie Chai | $12 | $11.13 | +46.9% | Aug 14, 2024 |
| Daiwa | Candis Chan | $12 | $11.14 | +46.9% | Aug 13, 2024 |
| CFRA | Ahmad Halim | $17 | $14.62 | +108.1% | May 14, 2024 |
| Mizuho Securities | Wei Fang | $17 | $14.8 | +108.1% | May 14, 2024 |
| Mizuho Securities | Wei Fang | $15 | $13.38 | +83.6% | May 10, 2024 |
| Goldman Sachs | Lincoln Kong | $14 | $11.53 | +71.4% | Mar 20, 2024 |
| Citigroup | Alicia Yap | $12.3 | $11.52 | +50.6% | Mar 20, 2024 |
| HSBC | Charlene Liu | $10.4 | $11.69 | +27.3% | Mar 20, 2024 |
| Mizuho Securities | Wei Fang | $13 | $11.04 | +59.1% | Mar 19, 2024 |
| UBS | Kenneth Fong | $10.5 | $8.94 | +28.5% | Jan 24, 2024 |
| Macquarie | Ellie Jiang | $11 | $9.04 | +34.6% | Jan 10, 2024 |
| Mizuho Securities | Wei Fang | $11 | $8.34 | +34.6% | May 17, 2023 |
| Goldman Sachs | Ronald Keung | $8 | $8.74 | -2.1% | Jan 9, 2023 |
| Goldman Sachs | Lincoln Kong | $4.4 | $3.97 | -46.1% | Nov 6, 2022 |
| Deutsche Bank | Leo Chiang | $9 | $7.8 | +10.2% | Aug 18, 2021 |
| HSBC | Binnie Wong | $8 | $7.82 | -2.1% | Aug 17, 2021 |
| Jefferies | Thomas Chong | $16 | $7.82 | +95.8% | Aug 17, 2021 |
| Macquarie | Ellie Jiang | $5.1 | $7.82 | -37.6% | Aug 17, 2021 |
| US Tiger Securities | Bo Pei CFA | $24 | $10.46 | +193.8% | Jul 26, 2021 |
| Credit Suisse | Ivy Ji | $17 | $15.21 | +108.1% | May 20, 2021 |
| BOCOM International Holdings Company | Connie Gu | $23 | $14.85 | +181.5% | May 18, 2021 |
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