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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 19.1% based on the past 6 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $14.69. 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 19.1% based on the past 6 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 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%

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:
15.77
52-Week Low:
9.41

Prediction Charts

Market Cap:
22.6B
Price in USD:
14.69
Volume:
11.5M
Beta:
0.70

Technical Analysis

SMA50:
13.46
SMA100:
12.65
SMA200:
12.17
52-Wk Change:
-0.74%

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 14.69 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-24 13.10 13.30 13.37 12.87
Apr-25 13.46 13.36 13.53 13.11
Apr-28 13.42 13.44 13.60 13.36
Apr-29 13.41 13.55 13.67 13.36
Apr-30 13.50 13.42 13.53 13.25
May-1 13.40 13.37 13.56 13.31
May-2 13.82 14.31 14.38 13.77
May-5 14.14 14.20 14.34 14.03
May-6 14.26 14.41 14.70 14.22
May-7 14.46 14.25 14.57 14.10
May-8 14.53 14.21 14.58 13.96
May-9 14.43 14.08 14.55 13.95
May-12 14.41 14.33 14.69 14.25
May-13 13.58 14.69 14.90 13.30

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 $0.03 per share, an increase next quarter of $0.04 per share, an increase this year of $0.14 per share, and an increase next year of $0.12 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.