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An announcement from Tencent Music Entertainment Group ( (TME) ) is now available.
Tencent Music Entertainment Group reported a strong financial performance for the second quarter of 2025, with total revenues reaching RMB8.44 billion, a 17.9% increase year-over-year. The growth was driven by a significant rise in online music services revenue, which increased by 26.4%, and a 43.2% increase in net profit. The company continues to expand its content ecosystem and partnerships, enhancing its platform value and user engagement. Notable achievements include surpassing 15 million SVIP subscribers and successfully hosting large-scale concerts, which have bolstered its brand recognition and market positioning.
The most recent analyst rating on (TME) stock is a Hold with a $13.50 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 has a strong financial foundation and robust growth in its core music business, reflected in its high financial performance score. Technical indicators suggest overbought conditions, which could lead to a short-term pullback. The valuation appears high, which may limit upside potential. The earnings call was positive but highlighted challenges in non-music segments. Overall, the stock is positioned well financially but may face short-term technical and valuation pressures.
To see Spark’s full report on TME stock, click here.
More about Tencent Music Entertainment Group
Tencent Music Entertainment Group is a leading online music and audio entertainment platform in China, offering a wide range of services including music streaming, online concerts, and artist merchandise. The company focuses on enhancing user experiences through innovative product offerings and expanding its music-related services.
Average Trading Volume: 6,649,299
Technical Sentiment Signal: Buy
Current Market Cap: $31.17B
Find detailed analytics on TME stock on TipRanks’ Stock Analysis page.