---
title: "Tencent Music Entertainment Group Stock 12‑Month Price Target Raised to $14.31, Implies 60% Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293435515.md"
description: "Tencent Music Entertainment Group's 12-month average price target was raised to $14.31 by 26 analysts, up from $14.23. Based on the July 21 closing price, this implies a 60% upside potential. The consensus rating remains 'Buy' across 34 covering analysts, with 24 buys, 10 holds, and no sells."
datetime: "2026-07-22T07:20:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293435515.md)
  - [en](https://longbridge.com/en/news/293435515.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293435515.md)
---

# Tencent Music Entertainment Group Stock 12‑Month Price Target Raised to $14.31, Implies 60% Upside

-   According to estimates from 26 analysts, Tencent Music Entertainment Group stock's average price target has risen from $14.23 to $14.31, with forecasts ranging from $10.03 to $28.32 per share
-   Based on the Jul. 21 closing price, the updated target implies approximately 60% potential upside
-   Consensus rating remains at “Buy” across 34 covering analysts, with 24 Buys, 10 Holds and 0 Sells

Explore more price target data and ratings for Tencent Music Entertainment Group on the , and track all previous and future analyst recommendations for Tencent Music Entertainment Group in the dedicated News Flow.

**Disclaimer**

Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information is not a recommendation for what you should do personally and does not constitute investment advice.

### Related Stocks

- [TME.US](https://longbridge.com/en/quote/TME.US.md)
- [01698.HK](https://longbridge.com/en/quote/01698.HK.md)
- [FDS.US](https://longbridge.com/en/quote/FDS.US.md)

## Related News & Research

- [Sei Investments Co. Grows Stake in Tencent Music Entertainment Group Sponsored ADR $TME](https://longbridge.com/en/news/293905881.md)
- [Tencent Music Entertainment Group Class A (1698) Gets a Hold from UBS](https://longbridge.com/en/news/286334287.md)
- [Riverview Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions](https://longbridge.com/en/news/294505135.md)
- [Vardhman Textiles Limited Just Missed Earnings - But Analysts Have Updated Their Models](https://longbridge.com/en/news/294594403.md)
- [China NT Pharma delays shareholder meeting circular dispatch to Aug. 14 deadline](https://longbridge.com/en/news/294505246.md)