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An update from Tencent Music Entertainment Group ( (TME) ) is now available.
On June 27, 2025, Tencent Music Entertainment Group announced that all proposed resolutions were passed at its annual general meeting held in Hong Kong. This event underscores the company’s strong governance and strategic direction, reinforcing its position as a leader in the Chinese online music industry.
The most recent analyst rating on (TME) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Tencent Music Entertainment Group stock, see the TME Stock Forecast page.
Spark’s Take on TME Stock
According to Spark, TipRanks’ AI Analyst, TME is a Outperform.
Tencent Music Entertainment Group’s overall score is driven by solid financial performance, strong technical indicators, and positive earnings call outcomes. While the stock shows bullish momentum, the high RSI indicates potential overvaluation, balancing the otherwise strong financial and operational performance.
To see Spark’s full report on TME stock, click here.
More about Tencent Music Entertainment Group
Tencent Music Entertainment Group is the leading online music and audio entertainment platform in China, operating popular music apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing. The company focuses on integrating music with technology to offer services like online music, audio, karaoke, live streaming, and concerts, allowing users to engage with music in various interactive ways.
Average Trading Volume: 7,301,750
Technical Sentiment Signal: Buy
Current Market Cap: $27.9B
For an in-depth examination of TME stock, go to TipRanks’ Overview page.