$8.480
-0.020 (-0.24%)At close
Price Predictions
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TME Prediction & Forecast by Similar Chart Analysis
Alphio's TME stock price prediction model matches the current Tencent Music Entertainment Group tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $8.36 (-1.39%). The 1-week path is $7.97 (-6.01%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Tencent Music Entertainment Group Stock?
Tencent Music Entertainment Group (TME) is a good buy right now at a current price of $8.38. The stock has shown a strong recent performance with a 5-day change of +8.27% and a significant forward P/E ratio of 7.69, indicating potential undervaluation. Additionally, the gross margin stands at 44.21%, reflecting solid profitability. However, the main risk is the recent downgrade from analysts, with Mizuho reducing its price target to $15, which suggests some caution in the near term.
TME stock price ended at $8.48 on Wednesday, after losing -0.24%
Tencent Music Entertainment Group (TME) last closed at $8.48, losing -0.24%. These facts feed the 1-day and 1-week TME price prediction above.
Forecast Drivers
Tencent Music Entertainment Group (TME) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches TME, ranked by similarity.
Seasonality analysis for TME
Historically the probability of a positive October return for TME is 80.70%. November offers the highest probability of a positive month at 100.00%, while January is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for TME
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Oct 2026 | $14.98 | $17.82 | $17.87 | +110.09% |
| Nov 2026 | $18.71 | $20.56 | $21.22 | +142.43% |
| Dec 2026 | $15.19 | $18.37 | $20.73 | +116.66% |
In 2026, Tencent Music Entertainment Group (TME) is projected to range from $14.98 to $21.22.
Tencent Music Entertainment Group 2026 monthly forecast
In Oct 2026, Tencent Music Entertainment Group is projected to average $17.82, with a low of $14.98 and high of $17.87.
In Nov 2026, Tencent Music Entertainment Group is projected to average $20.56, with a low of $18.71 and high of $21.22.
In Dec 2026, Tencent Music Entertainment Group is projected to average $18.37, with a low of $15.19 and high of $20.73.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.