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Tencent Music Entertainment Group Class A (HK:1698)
:1698
Hong Kong Market

Tencent Music Entertainment Group Class A (1698) Stock Forecast & Price Target

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1698 Analyst Ratings

Currently, no data available
Based on NaN analysts giving stock ratings to
Tencent
Music Entertainment Group Class A
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

1698 Stock 12 Month Forecast

There Are No Analyst Ratings for HK:1698 In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

1698 Financial Forecast

1698 Earnings Forecast

Next quarter’s earnings estimate for 1698 is HK$0.84 with a range of HK$0.73 to HK$0.94. The previous quarter’s EPS was HK$0.75. 1698 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.10% of the time in the same period. In the last calendar year 1698 has Performed in-line its overall industry.
Next quarter’s earnings estimate for 1698 is HK$0.84 with a range of HK$0.73 to HK$0.94. The previous quarter’s EPS was HK$0.75. 1698 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.10% of the time in the same period. In the last calendar year 1698 has Performed in-line its overall industry.

1698 Sales Forecast

Next quarter’s sales forecast for 1698 is HK$9.28B with a range of HK$9.14B to HK$9.57B. The previous quarter’s sales results were HK$9.25B. 1698 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 56.89% of the time in the same period. In the last calendar year 1698 has Performed in-line its overall industry.
Next quarter’s sales forecast for 1698 is HK$9.28B with a range of HK$9.14B to HK$9.57B. The previous quarter’s sales results were HK$9.25B. 1698 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 56.89% of the time in the same period. In the last calendar year 1698 has Performed in-line its overall industry.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
UBS Analyst forecast on HK:1698
Unknown Analyst
UBS
Not Ranked
UBS
HK$101.4
Buy
63.95%
Upside
Reiterated
11/26/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from UBS
Bank of America Securities Analyst forecast on HK:1698
Unknown Analyst
Bank of America Securities
Not Ranked
Bank of America Securities
HK$82.43
Hold
33.27%
Upside
Reiterated
11/26/25
Bank of America Securities Reaffirms Their Hold Rating on Tencent Music Entertainment Group Class A (1698)
Morgan Stanley Analyst forecast on HK:1698
Unknown Analyst
Morgan Stanley
Not Ranked
Morgan Stanley
HK$107.25
Buy
73.40%
Upside
Reiterated
11/21/25
Citic Securities Analyst forecast on HK:1698
Unknown Analyst
Citic Securities
Not Ranked
Citic Securities
HK$99
Buy
60.06%
Upside
Reiterated
11/17/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Citic Securities
Huatai Securities Analyst forecast on HK:1698
Unknown Analyst
Huatai Securities
Not Ranked
Huatai Securities
HK$112.49
Buy
81.88%
Upside
Reiterated
11/16/25
Huatai Securities Keeps Their Buy Rating on Tencent Music Entertainment Group Class A (1698)
Orient Securities Analyst forecast on HK:1698
Unknown Analyst
Orient Securities
Not Ranked
Orient Securities
HK$87.5
Buy
41.47%
Upside
Reiterated
11/16/25
Orient Securities Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)
Guotai Haitong Analyst forecast on HK:1698
Unknown Analyst
Guotai Haitong
Not Ranked
Guotai Haitong
HK$96
Buy
55.21%
Upside
Reiterated
11/15/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Guotai Haitong
SPDB Analyst forecast on HK:1698
Unknown Analyst
SPDB
Not Ranked
SPDB
HK$102
Buy
64.92%
Upside
Reiterated
11/14/25
J.P. Morgan Analyst forecast on HK:1698
J.P. Morgan
J.P. Morgan
HK$120
Buy
94.02%
Upside
Reiterated
11/13/25
Goldman Sachs Analyst forecast on HK:1698
Goldman Sachs
Goldman Sachs
HK$99
Buy
60.06%
Upside
Reiterated
11/13/25
Tencent Music Entertainment Group Class A (1698) Receives a Buy from Goldman Sachs
CLSA
HK$110.7HK$92.1
Buy
48.91%
Upside
Reiterated
11/13/25
Bank of China Analyst forecast on HK:1698
Unknown Analyst
Bank of China
Not Ranked
Bank of China
HK$94
Buy
51.98%
Upside
Reiterated
11/13/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Bank of China
CMB International Securities Analyst forecast on HK:1698
Unknown Analyst
CMB International Securities
Not Ranked
CMB International Securities
HK$109.2
Buy
76.56%
Upside
Reiterated
11/13/25
CICC Analyst forecast on HK:1698
Unknown Analyst
CICC
Not Ranked
CICC
HK$100
Buy
61.68%
Upside
Reiterated
11/13/25
CICC Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)
China Merchants Securities Analyst forecast on HK:1698
Unknown Analyst
China Merchants Securities
Not Ranked
China Merchants Securities
HK$99.84
Buy
61.42%
Upside
Reiterated
11/13/25
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
UBS Analyst forecast on HK:1698
Unknown Analyst
UBS
Not Ranked
UBS
HK$101.4
Buy
63.95%
Upside
Reiterated
11/26/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from UBS
Bank of America Securities Analyst forecast on HK:1698
Unknown Analyst
Bank of America Securities
Not Ranked
Bank of America Securities
HK$82.43
Hold
33.27%
Upside
Reiterated
11/26/25
Bank of America Securities Reaffirms Their Hold Rating on Tencent Music Entertainment Group Class A (1698)
Morgan Stanley Analyst forecast on HK:1698
Unknown Analyst
Morgan Stanley
Not Ranked
Morgan Stanley
HK$107.25
Buy
73.40%
Upside
Reiterated
11/21/25
Citic Securities Analyst forecast on HK:1698
Unknown Analyst
Citic Securities
Not Ranked
Citic Securities
HK$99
Buy
60.06%
Upside
Reiterated
11/17/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Citic Securities
Huatai Securities Analyst forecast on HK:1698
Unknown Analyst
Huatai Securities
Not Ranked
Huatai Securities
HK$112.49
Buy
81.88%
Upside
Reiterated
11/16/25
Huatai Securities Keeps Their Buy Rating on Tencent Music Entertainment Group Class A (1698)
Orient Securities Analyst forecast on HK:1698
Unknown Analyst
Orient Securities
Not Ranked
Orient Securities
HK$87.5
Buy
41.47%
Upside
Reiterated
11/16/25
Orient Securities Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)
Guotai Haitong Analyst forecast on HK:1698
Unknown Analyst
Guotai Haitong
Not Ranked
Guotai Haitong
HK$96
Buy
55.21%
Upside
Reiterated
11/15/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Guotai Haitong
SPDB Analyst forecast on HK:1698
Unknown Analyst
SPDB
Not Ranked
SPDB
HK$102
Buy
64.92%
Upside
Reiterated
11/14/25
J.P. Morgan Analyst forecast on HK:1698
J.P. Morgan
J.P. Morgan
HK$120
Buy
94.02%
Upside
Reiterated
11/13/25
Goldman Sachs Analyst forecast on HK:1698
Goldman Sachs
Goldman Sachs
HK$99
Buy
60.06%
Upside
Reiterated
11/13/25
Tencent Music Entertainment Group Class A (1698) Receives a Buy from Goldman Sachs
CLSA
HK$110.7HK$92.1
Buy
48.91%
Upside
Reiterated
11/13/25
Bank of China Analyst forecast on HK:1698
Unknown Analyst
Bank of China
Not Ranked
Bank of China
HK$94
Buy
51.98%
Upside
Reiterated
11/13/25
Tencent Music Entertainment Group Class A (1698) Gets a Buy from Bank of China
CMB International Securities Analyst forecast on HK:1698
Unknown Analyst
CMB International Securities
Not Ranked
CMB International Securities
HK$109.2
Buy
76.56%
Upside
Reiterated
11/13/25
CICC Analyst forecast on HK:1698
Unknown Analyst
CICC
Not Ranked
CICC
HK$100
Buy
61.68%
Upside
Reiterated
11/13/25
CICC Sticks to Their Buy Rating for Tencent Music Entertainment Group Class A (1698)
China Merchants Securities Analyst forecast on HK:1698
Unknown Analyst
China Merchants Securities
Not Ranked
China Merchants Securities
HK$99.84
Buy
61.42%
Upside
Reiterated
11/13/25
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Tencent Music Entertainment Group Class A

3 Months
xxx
Success Rate
5/6 ratings generated profit
83%
Average Return
+30.65%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 83.33% of your transactions generating a profit, with an average return of +30.65% per trade.
1 Year
Boris VanBernstein
Success Rate
4/6 ratings generated profit
67%
Average Return
+14.88%
reiterated a buy rating 7 months ago
Copying Boris Van's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +14.88% per trade.
2 Years
xxx
Success Rate
4/6 ratings generated profit
67%
Average Return
+3.80%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 66.67% of your transactions generating a profit, with an average return of +3.80% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

1698 Analyst Recommendation Trends

Rating
Aug 25
Sep 25
Oct 25
Nov 25
Jan 26
Strong Buy
0
0
0
2
2
Buy
37
33
42
43
42
Hold
0
0
4
14
16
Sell
1
1
1
0
0
Strong Sell
0
0
0
0
0
total
38
34
47
59
60
In the current month, 1698 has received 44 Buy Ratings, 16 Hold Ratings, and 0 Sell Ratings. 1698 average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.

1698 Stock Forecast FAQ

What is HK:1698’s average 12-month price target, according to analysts?
Currently, no data Available
What is HK:1698’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for HK:1698, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is Tencent Music Entertainment Group Class A a Buy, Sell or Hold?
      Currently, no data Available
      What is Tencent Music Entertainment Group Class A’s share price target?
      Currently, no data Available
      What do analysts say about Tencent Music Entertainment Group Class A?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of Tencent Music Entertainment Group Class A?
      To buy shares of HK:1698, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.