# Tencent Music (TME) — Analyst Forecast

TME · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/tme/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Aug 12, 2026 | Mizuho | Maintained | Outperform | $15.00 |
| Aug 12, 2026 | China Renaissance | Downgraded | Buy → Hold | $9.30 |
| May 14, 2026 | JP Morgan | Maintained | Neutral | $10.00 |
| May 13, 2026 | Mizuho | Maintained | Outperform | $18.00 |
| Mar 19, 2026 | Barclays | Maintained | Overweight | $20.00 |
| Mar 18, 2026 | Benchmark | Downgraded | Buy → Hold | — |
| Mar 18, 2026 | Mizuho | Maintained | Outperform | $23.00 |
| Mar 18, 2026 | JP Morgan | Downgraded | Overweight → Neutral | $12.00 |
| Mar 18, 2026 | UBS | Downgraded | Buy → Neutral | $13.00 |
| Mar 5, 2026 | Macquarie | Downgraded | Outperform → Neutral | $14.10 |
| Dec 22, 2025 | Morgan Stanley | Maintained | Overweight | $25.00 |
| Nov 13, 2025 | Benchmark | Maintained | Buy | $25.00 |
| Nov 12, 2025 | Barclays | Maintained | Overweight | $28.00 |
| Aug 13, 2025 | Benchmark | Maintained | Buy | $28.00 |
| Aug 12, 2025 | Barclays | Maintained | Overweight | $27.00 |
| Aug 12, 2025 | Citigroup | Maintained | Buy | $29.00 |
| Mar 19, 2025 | Mizuho | Maintained | Outperform | $17.00 |
| Jan 21, 2025 | Morgan Stanley | Upgraded | Equal-Weight → Overweight | $13.00 |
| Nov 6, 2024 | Barclays | Initiated Coverage | Overweight | $16.00 |
| Nov 4, 2024 | Bernstein | Initiated Coverage | Outperform | $14.00 |

## Frequently Asked Questions

### What is the latest analyst rating on TME?

On Aug 12, 2026, Mizuho maintained Tencent Music at Outperform with a price target of $15.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).