Tencent Music Entertainment Group is projected to rise to $10.16 by 2027, a +7% move from its current price of $9.48. TME is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/31/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Aug 1 | $9.30 | $9.48 | $9.66 | 0.00% |
| Aug 2 | $9.23 | $9.48 | $9.74 | +0.01% |
| Aug 3 | $9.18 | $9.48 | $9.79 | +0.01% |
| Aug 4 | $9.13 | $9.48 | $9.84 | +0.02% |
| Aug 5 | $9.09 | $9.48 | $9.89 | +0.02% |
| Aug 6 | $9.06 | $9.48 | $9.93 | +0.02% |
| Aug 7 | $9.02 | $9.48 | $9.96 | +0.03% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $9.02 | $9.48 | $9.96 | +0.03% |
| Week 2 | $8.84 | $9.49 | $10.17 | +0.06% |
| Week 3 | $8.71 | $9.49 | $10.34 | +0.09% |
| Week 4 | $8.60 | $9.49 | $10.48 | +0.12% |
| Week 5 | $8.50 | $9.49 | $10.61 | +0.14% |
| Week 6 | $8.41 | $9.50 | $10.72 | +0.17% |
| Week 7 | $8.33 | $9.50 | $10.83 | +0.20% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.
The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform.
In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.
Tencent Music Entertainment Group (TME) trades with a current price of $9.12 and a market capitalization of $14.93B, ranking 691 by market cap among listed equities.
The stock sits in the Communications Services category. This position reflects its focus on music streaming, live streaming, and related digital entertainment offerings in China.
The price outlook shows a long-term bullish trajectory, with the year-by-year forecast implying gradual upside from 2026 through 2050. Avg prices rise from $9.12 in 2026 to $13.31 in 2030, then higher in 2040 ($25.15) and 2050 ($48.96), with a long-run ROI implied up to 436.9%.
A major floor 20.2% below — a decisive break under it would weaken the trend.
The nearest floor, 13.9% below — buyers have tended to step in here.
Price is pressing into resistance (2.4% away) — a breakout level to watch.
A major ceiling 12.5% above — clearing it would confirm fresh momentum.
Key TME support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of TME market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $9.38 | Buy | $9.40 | Buy |
| MA 10 | $9.17 | Buy | $9.24 | Buy |
| MA 20 | $9.00 | Buy | $9.07 | Buy |
| MA 50 | $8.95 | Buy | $9.16 | Buy |
| MA 100 | $9.48 | Buy | $10.30 | Sell |
| MA 200 | $13.85 | Sell | $12.50 | Sell |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 60.68 | Neutral |
| Stoch RSI (14) | 66.73 | Neutral |
| CCI (20) | 124.32 | Buy |
| Williams %R (14) | -24.21 | Info |
| MACD (12,26,9) | 0.09 | Buy |
| ROC (12) | 7.97 | Buy |
| Bollinger %B (20,2) | 0.90 | Neutral |
| Stochastic %K (14) | 75.79 | Neutral |
| TRIX (15) | 0.12 | Buy |
| Awesome (5,34) | 0.54 | Buy |
| Ultimate (7,14,28) | 66.32 | Neutral |
| Momentum (10) | 0.24 | Buy |
| Aroon Osc (25) | 92.00 | Buy |
| Hull MA (9) | 9.71 | Sell |
| ADX (14) | 14.94 | Neutral |
| ATR (14) | 0.16 | Info |
The 30-day technical picture is bullish in sentiment. RSI14 is 60, with a 50-day moving average (SMA50) of $8.93 and a 200-day moving average (SMA200) of $14.48.
Near-term support is $8.16 and resistance is $9.30, with a 30-day price range from $8.14 to $10.22. Annualized volatility stands at 30%.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $8.16 | $9.48 | $11.73 | 0% | Neutral | |
| $8.33 | $10.16 | $12.95 | +7% | Neutral | |
| $9.81 | $12.19 | $15.96 | +29% | Bullish | |
| $11.47 | $14.48 | $19.36 | +53% | Bullish | |
| $11.69 | $14.95 | $20.36 | +58% | Bullish | |
| $12.80 | $16.57 | $22.93 | +75% | Bullish | |
| $13.44 | $17.60 | $24.69 | +86% | Bullish | |
| $13.22 | $17.50 | $24.87 | +85% | Bullish | |
| $14.64 | $19.56 | $28.15 | +106% | Bullish | |
| $16.19 | $21.85 | $31.79 | +131% | Bullish | |
| $22.01 | $30.98 | $47.24 | +227% | Bullish | |
| $41.92 | $63.28 | $103.44 | +568% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $8.16 | $9.48 | $11.05 | +0.00% |
| August 2026 | $8.28 | $9.66 | $11.48 | +1.87% |
| September 2026 | $8.11 | $9.52 | $11.41 | -1.47% |
| October 2026 | $8.10 | $9.54 | $11.53 | +0.30% |
| November 2026 | $8.21 | $9.71 | $11.81 | +1.77% |
| December 2026 | $8.09 | $9.60 | $11.73 | -1.21% |
Click any year to see its month-by-month TME forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
The TME price prediction for 2026 points to an average of $9.48 (low $8.16, high $11.73) — a potential gain of 0% on today's $9.48. A consolidation phase looks the most probable path here.
In 2027, TME is projected to trade between $8.33 and $12.95, averaging $10.16 — a potential gain of +7% from today's $9.48. That is up +7% on the projected 2026 average. Price action looks broadly range-bound.
Tencent Music Entertainment Group's 2028 outlook centres on $12.19, within a $9.81 to $15.96 range. That is up +20% on the projected 2027 average. That marks a +29% change versus current levels. Buyers look set to stay in control over this stretch.
By 2029, TME could reach as high as $19.36, with a base case around $14.48 and support toward $11.47 — roughly +53% from $9.48. Momentum favours further upside here.
Expect TME to range from $11.69 to $20.36 through 2030. The $14.95 average target implies a +58% move from current prices. That is up +3% on the projected 2029 average. Buyers look set to stay in control over this stretch.
The TME price prediction for 2031 points to an average of $16.57 (low $12.80, high $22.93) — a potential gain of +75% on today's $9.48. Momentum favours further upside here.
In 2032, TME is projected to trade between $13.44 and $24.69, averaging $17.60 — a potential gain of +86% from today's $9.48. That is up +6% on the projected 2031 average. Buyers look set to stay in control over this stretch.
Tencent Music Entertainment Group's 2033 outlook centres on $17.50, within a $13.22 to $24.87 range. That is -1% versus the projected 2032 average. That marks a +85% change versus current levels. Momentum favours further upside here.
By 2034, TME could reach as high as $28.15, with a base case around $19.56 and support toward $14.64 — roughly +106% from $9.48. Buyers look set to stay in control over this stretch.
Expect TME to range from $16.19 to $31.79 through 2035. The $21.85 average target implies a +131% move from current prices. That is up +12% on the projected 2034 average. Momentum favours further upside here.
The TME price prediction for 2040 points to an average of $30.98 (low $22.01, high $47.24) — a potential gain of +227% on today's $9.48. Buyers look set to stay in control over this stretch.
In 2050, TME is projected to trade between $41.92 and $103.44, averaging $63.28 — a potential gain of +568% from today's $9.48. That is up +104% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in TME today (≈ 105.485232 TME) could be worth
$6,675.56
+$5,675.56 (+568%) by 2050 · US Dollar
Based on the average projected TME price of $63.28 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in TMEwould be worth at today's price.
$1,000 invested in TME on Jul 30, 2025 (≈ 47.393364 TME) would be worth
$449.29
-$550.71 (-55.1%) today · 0.45× · US Dollar
Based on a TME entry price of $21.1 vs. today's $9.48.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $8.76 | $1,082.19 | +8.2% |
| 1 month ago | $8.35 | $1,135.33 | +13.5% |
| 3 months ago | $9.1 | $1,041.76 | +4.2% |
| 6 months ago | $16.78 | $564.96 | -43.5% |
| 1 year ago | $21.1 | $449.29 | -55.1% |
| All time (5.0y) ago | $10.88 | $871.32 | -12.9% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our TME forecast.
Our base-case forecast reaches $19.00 around 2034.
Implied market cap at $19.00: $15.29B
The multi-year forecast shows a steady, bullish path after an initial neutral reading for 2026. For 2027 the avg price is $9.56 with ROI of 4.8% and a neutral sentiment, then accelerates meaningfully in 2028 to an avg of $11.05 with a 21.1% ROI and bullish sentiment. 2029 provides an avg of $12.79 and a 40.2% ROI, followed by 2030 with an avg of $13.31 and a 45.9% ROI, all bullish.
From 2031 onward the forecast remains bullish, with 2031 avg $14.53 (59.3% ROI), 2032 avg $15.09 (65.5% ROI), 2033 avg $14.97 (64.1% ROI), 2034 avg $16.43 (80.2% ROI), and 2035 avg $17.99 (97.3% ROI). The trajectory strengthens further in 2040 to an avg of $25.15 (175.7% ROI) and culminates in 2050 with an avg of $48.96 (436.9% ROI).
Overall, the long-term outlook is bullish across the late 2020s through 2050, with increasingly higher average prices and sizable ROI, albeit with uncertainty inherent in any forecast. These figures are estimates and not guarantees of future performance.
Tap a question to reveal the answer.
Avg $13.31, min $10.40, max $18.14, RO I 45.9%, sentiment BULLISH.
The forecast shows a long-term bullish path with rising averages and higher ROIs, including an avg of $13.31 in 2030 and a 45.9% ROI, though 2026 is neutral and earlier years show more modest gains.
Yes. The 2031 max is $20.11, indicating a potential to reach $20 around 2031 (2032 max $21.19; 2033 max $21.28).
Current price is $9.12 and market cap is $14.93B.
Avg $11.05, min $8.88, max $14.48, ROI 21.1%, sentiment BULLISH.
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