Tencent Music Entertainment Group (TME)
NYSE:TME
TME Stock Chart & Stats
$9.28
$0.12(1.06%)
At close: 4:00 PM EST
$9.28
$0.12(1.06%)
Day’s Range― - ―
52-Week Range$9.22 - $26.70
Previous CloseN/A
Volume2.31M
Average Volume (3M)11.02M
Market Cap
$13.36B
Enterprise Value$96.05B
Total Cash (Recent Filing)$22.32B
Total Debt (Recent Filing)$3.87B
Price to Earnings (P/E)17.5
Beta1.00
Next Earnings
May 18, 2026EPS Estimate
0.2Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)0.20
Shares Outstanding716,429,900
10 Day Avg. Volume20,885,665
30 Day Avg. Volume11,019,008
Financial Highlights & Ratios
PEG Ratio0.54
Price to Book (P/B)1.91
Price to Sales (P/S)4.57
P/FCF Ratio14.03
Enterprise Value/Market Cap7.19
Enterprise Value/Revenue3.03
Enterprise Value/Gross Profit6.90
Enterprise Value/Ebitda9.11
Forecast
1Y Price Target
$16.58Price Target Upside78.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)6.12
Revenue Forecast (FY)$36.06B
Bulls Say, Bears Say
Bulls Say
Product And Content StrategyOngoing investment in AI tools, exclusive content and offline experiences is improving the user experience and creating offerings that are harder for competitors to replicate.
Revenue DiversificationExpansion of non-subscription music businesses driven by offline performances, advertising and merchandise is diversifying revenue streams and reducing dependence on subscription sales.
Strategic AcquisitionProposed acquisition of a major audio platform could generate meaningful operational synergies and expand market reach, supporting potential upside to earnings if regulatory approval is obtained.
Bears Say
Competitive ThreatsRival platforms backed by massive short-video traffic and evolving AI-driven music features are intensifying competition and threatening the company's ability to retain and grow its user base.
Content Licensing CostsRising pricing demands from music labels represent a material risk to gross margins and could force difficult choices between higher prices or reduced profitability.
Subscription Growth WeaknessA sharp slowdown in subscription revenue growth and a shift toward ad-supported memberships can lower revenue per paying user and weigh on top-line and margin momentum.
Tencent Music Entertainment Group News
TME FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $9.22 and its highest was $26.70 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Tencent Music Entertainment Group’s market cap is $13.36B.
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is May 18, 2026 which is in 47 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Mar 17, 2026. The company reported $0.205 earnings per share for the quarter, missing the consensus estimate of $0.223 by -$0.018.
Is Tencent Music Entertainment Group overvalued?
According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued.
Does Tencent Music Entertainment Group pay dividends?
Tencent Music Entertainment Group pays a Annually dividend of $0.18 which represents an annual dividend yield of 1.02%. See more information on Tencent Music Entertainment Group dividends here
What is Tencent Music Entertainment Group’s EPS estimate?
Tencent Music Entertainment Group’s EPS estimate is 0.2.
How many shares outstanding does Tencent Music Entertainment Group have?
Tencent Music Entertainment Group has 716,429,900 shares outstanding.
What happened to Tencent Music Entertainment Group’s price movement after its last earnings report?
Tencent Music Entertainment Group reported an EPS of $0.205 in its last earnings report, missing expectations of $0.223. Following the earnings report the stock price went down -24.652%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Currently, no hedge funds are holding shares in TME
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tencent Music Entertainment Group Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.58 (78.66% Upside)
$16.58 (78.66% Upside)
Blogger Sentiment
Bullish
TME Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.46%
12-Months-Change
Fundamentals
Return on Equity
13.77%
Trailing 12-Months
Asset Growth
18.32%
Trailing 12-Months
Company Description
Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
TME Company Deck
TME Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial picture: double-digit revenue growth across both quarter and full year, margin expansion, strong net profit gains, successful scaling of SVIP membership (>20 million) and notable traction in non-subscription monetization (live events, merchandise, advertising). Management also highlighted significant AI adoption and creator platform scale. Key risks were acknowledged — short-term subscription pressure from competition, AI-driven content and copyright challenges, a very high Q4 effective tax rate, a modest decline in social entertainment revenue, and reduced quarterly disclosure of some operating metrics. On balance, the company demonstrated solid growth and profitability momentum while transparently outlining the main near-term challenges and strategic responses.View all TME earnings summariesTME Stock 12 Month Forecast
Average Price Target
$16.58
▲(78.66% Upside)
Technical Analysis
Ownership Overview
―
Insiders
13.15% Mutual Funds
19.38% Other Institutional Investors
56.15% Public Companies and Individual Investors