Tencent Music Entertainment Group is projected to rise to $9.28 by 2027, a +4% move from its current price of $8.88. TME is currently trading below its 50-day average (a bearish sign). Technical indicators currently lean sell.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/12/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 13 | $8.73 | $8.88 | $9.03 | -0.01% |
| Jul 14 | $8.67 | $8.88 | $9.10 | -0.01% |
| Jul 15 | $8.62 | $8.88 | $9.15 | -0.02% |
| Jul 16 | $8.58 | $8.88 | $9.19 | -0.03% |
| Jul 17 | $8.54 | $8.88 | $9.23 | -0.03% |
| Jul 18 | $8.51 | $8.88 | $9.26 | -0.04% |
| Jul 19 | $8.48 | $8.88 | $9.29 | -0.05% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $8.48 | $8.88 | $9.29 | -0.05% |
| Week 2 | $8.32 | $8.87 | $9.46 | -0.09% |
| Week 3 | $8.20 | $8.87 | $9.60 | -0.14% |
| Week 4 | $8.09 | $8.86 | $9.71 | -0.18% |
| Week 5 | $8.00 | $8.86 | $9.81 | -0.23% |
| Week 6 | $7.92 | $8.86 | $9.90 | -0.27% |
| Week 7 | $7.85 | $8.85 | $9.99 | -0.32% |
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 in the People's Republic of China, including QQ Music, Kugou Music, and Kuwo Music, enabling users to discover, enjoy, and share music in personalized ways. The company also offers long-form audio content such as audiobooks, podcasts and talk shows, as well as music-oriented videos, live performances, and short videos. It operates WeSing for karaoke singing and sharing, and runs music-centric live streaming services across QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live, plus an audio platform called Lazy Audio.
The company sells artist-related merchandise, music subscriptions, and advertising services across its social platforms, along with other music services such as content licensing, digital album sales, customized artist merchandise, and live performances and concerts. Tencent Music is headquartered in Shenzhen, China, and operates as a subsidiary of Tencent Holdings Limited.
Tencent Music Entertainment Group (TME) is the issuer behind multiple Chinese music platforms with a current price of $8.69 and a market capitalization of $14.23B, ranking 732 by market cap. The 30-day price range is $7.65 to $9.87, reflecting modest near-term movement. The stock shows a bearish near-term technical posture with RSI 40, while the 50-day moving average sits at $9.26 and the 200-day moving average at $16.08, with a near-term support of $8.47 and resistance at $9.67.
Annualized volatility stands at 40%, underscoring meaningful price fluctuation in the near term while longer-run forecasts anticipate higher levels.
A major floor 15.5% below — a decisive break under it would weaken the trend.
The nearest floor, 8.1% below — buyers have tended to step in here.
The nearest ceiling, 7.1% above — a clean break opens room to run.
A major ceiling 69.9% 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 | $8.79 | Buy | $8.78 | Buy |
| MA 10 | $8.64 | Buy | $8.71 | Buy |
| MA 20 | $8.67 | Buy | $8.73 | Buy |
| MA 50 | $8.95 | Sell | $9.18 | Sell |
| MA 100 | $10.25 | Sell | $10.68 | Sell |
| MA 200 | $14.84 | Sell | $13.01 | Sell |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 52.64 | Neutral |
| Stoch RSI (14) | 100.00 | Sell |
| CCI (20) | 52.79 | Neutral |
| Williams %R (14) | 0.00 | Info |
| MACD (12,26,9) | 0.07 | Buy |
| ROC (12) | 8.29 | Buy |
| Bollinger %B (20,2) | 0.66 | Neutral |
| Stochastic %K (14) | 100.00 | Sell |
| TRIX (15) | -0.24 | Sell |
| Awesome (5,34) | -0.09 | Sell |
| Ultimate (7,14,28) | 67.52 | Neutral |
| Momentum (10) | 0.72 | Buy |
| Aroon Osc (25) | -56.00 | Sell |
| Hull MA (9) | 8.89 | Sell |
| ADX (14) | 14.35 | Neutral |
| ATR (14) | 0.13 | Info |
Near term, the technical picture remains bearish with RSI14 at 40. The 30-day range runs from $7.65 to $9.87, placing near-term support around $8.47 and resistance near $9.67. The 50-day simple moving average is $9.26, while the 200-day moving average is higher at $16.08, indicating longer-term momentum remains weak in the near term.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $8.16 | $8.88 | $10.70 | 0% | Neutral | |
| $7.60 | $9.28 | $11.84 | +4% | Neutral | |
| $8.44 | $10.50 | $13.77 | +18% | Neutral | |
| $9.54 | $12.05 | $16.14 | +36% | Bullish | |
| $9.88 | $12.65 | $17.24 | +42% | Bullish | |
| $10.54 | $13.66 | $18.91 | +54% | Bullish | |
| $10.76 | $14.10 | $19.80 | +59% | Bullish | |
| $10.58 | $14.01 | $19.93 | +58% | Bullish | |
| $11.37 | $15.21 | $21.89 | +71% | Bullish | |
| $12.29 | $16.60 | $24.16 | +87% | Bullish | |
| $16.33 | $23.00 | $35.09 | +159% | Bullish | |
| $29.23 | $44.14 | $72.17 | +397% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $8.16 | $8.88 | $10.66 | +0.00% |
| August 2026 | $7.63 | $8.93 | $10.67 | +0.53% |
| September 2026 | $7.51 | $8.83 | $10.64 | -1.11% |
| October 2026 | $7.59 | $8.96 | $10.88 | +1.56% |
| November 2026 | $7.55 | $8.95 | $10.92 | -0.16% |
| December 2026 | $7.34 | $8.73 | $10.70 | -2.48% |
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 $8.88 (low $8.16, high $10.70) — a potential gain of 0% on today's $8.88. A consolidation phase looks the most probable path here.
In 2027, TME is projected to trade between $7.60 and $11.84, averaging $9.28 — a potential gain of +4% from today's $8.88. That is up +4% on the projected 2026 average. Price action looks broadly range-bound.
Tencent Music Entertainment Group's 2028 outlook centres on $10.50, within a $8.44 to $13.77 range. That is up +13% on the projected 2027 average. That marks a +18% change versus current levels. A consolidation phase looks the most probable path here.
By 2029, TME could reach as high as $16.14, with a base case around $12.05 and support toward $9.54 — roughly +36% from $8.88. Momentum favours further upside here.
Expect TME to range from $9.88 to $17.24 through 2030. The $12.65 average target implies a +42% move from current prices. That is up +5% 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 $13.66 (low $10.54, high $18.91) — a potential gain of +54% on today's $8.88. Momentum favours further upside here.
In 2032, TME is projected to trade between $10.76 and $19.80, averaging $14.10 — a potential gain of +59% from today's $8.88. That is up +3% on the projected 2031 average. Buyers look set to stay in control over this stretch.
Tencent Music Entertainment Group's 2033 outlook centres on $14.01, within a $10.58 to $19.93 range. That is -1% versus the projected 2032 average. That marks a +58% change versus current levels. Momentum favours further upside here.
By 2034, TME could reach as high as $21.89, with a base case around $15.21 and support toward $11.37 — roughly +71% from $8.88. Buyers look set to stay in control over this stretch.
Expect TME to range from $12.29 to $24.16 through 2035. The $16.60 average target implies a +87% move from current prices. That is up +9% on the projected 2034 average. Momentum favours further upside here.
The TME price prediction for 2040 points to an average of $23.00 (low $16.33, high $35.09) — a potential gain of +159% on today's $8.88. Buyers look set to stay in control over this stretch.
In 2050, TME is projected to trade between $29.23 and $72.17, averaging $44.14 — a potential gain of +397% from today's $8.88. That is up +92% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in TME today (≈ 112.612613 TME) could be worth
$4,970.31
+$3,970.31 (+397%) by 2050 · US Dollar
Based on the average projected TME price of $44.14 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 10, 2025 (≈ 50 TME) would be worth
$444
-$556 (-55.6%) today · 0.44× · US Dollar
Based on a TME entry price of $20 vs. today's $8.88.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $8.63 | $1,028.97 | +2.9% |
| 1 month ago | $9.21 | $964.17 | -3.6% |
| 3 months ago | $9.36 | $948.72 | -5.1% |
| 6 months ago | $17.74 | $500.56 | -49.9% |
| 1 year ago | $20 | $444 | -55.6% |
| All time (5.0y) ago | $13.02 | $682.03 | -31.8% |
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 $18.00 around 2040.
Implied market cap at $18.00: $14.49B
The multi-year forecast shows a rising trajectory in the average price, from $8.69 in 2026 to $11.99 in 2030, with strong upside in the latter years. ROI progresses from 0% in 2026 to 5.3% in 2027, 11.9% in 2028, and 29.2% in 2029, then climbs to 38% in 2030, 43.1% in 2031, 49.1% in 2032, 48% in 2033, 55% in 2034, and 73.2% in 2035. The forecast accelerates further to 129.6% by 2040 and a substantial 340.7% by 2050, with bullish sentiment prevailing in the longer horizon.
These projections are estimates and depend on multiple factors; actual results may vary.
Tap a question to reveal the answer.
Avg price $11.99, min $9.33, max $16.43; ROI 38%; sentiment BULLISH.
Forecasts show bullish sentiment from 2029 onward, with ROI of 29.2% in 2029, 38% in 2030, 129.6% by 2040, and 340.7% by 2050, though these are estimates and not guarantees.
Yes—the forecast max reaches $22.05 in 2035, $30.65 in 2040, and $63.14 in 2050, indicating potential to surpass $20 in the coming years.
RSI14 is 40, 30-day range is $7.65 to $9.87, with support at $8.47 and resistance at $9.67; SMA50 is $9.26 and SMA200 is $16.08; annualized volatility is 40%.
Current price $8.69, market cap $14.23B, rank 732.
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