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Tencent Music Entertainment (TME)
:TME
TME Stock Chart & Stats
$18.22
$0.12(1.06%)
At close: 4:00 PM EST
$18.22
$0.12(1.06%)
Day’s Range― - ―
52-Week Range$10.26 - $26.70
Previous CloseN/A
Volume2.31M
Average Volume (3M)6.02M
Market Cap
$26.04B
Enterprise Value$34.17B
Total Cash (Recent Filing)$22.32B
Total Debt (Recent Filing)$3.87B
Price to Earnings (P/E)18.7
Beta0.89
Next Earnings
Mar 23, 2026EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend Yield0.99%
Share Statistics
EPS (TTM)0.20
Shares Outstanding716,429,900
10 Day Avg. Volume3,595,067
30 Day Avg. Volume6,023,056
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 Cap1.31
Enterprise Value/Revenue1.08
Enterprise Value/Gross Profit2.45
Enterprise Value/Ebitda3.24
Forecast
1Y Price Target
$26.83Price Target Upside47.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)0.97
Revenue Forecast (FY)$4.62B
Bulls Say, Bears Say
Bulls Say
Content Ecosystem StrategyManagement is excited about the big market opportunity ahead from its content ecosystem strategy, and sees other music revenue (ads+concert+merchandise) to be as big as music subscriptions in the long run.
Music Subscription GrowthFor music subscriptions, TME has rising streaming volume from its own content. The mix change toward in-house content and the operating leverage from some fixed content cost will continue to drive music subscription margin up in future.
Non-Subscription Revenue SurgeTME delivered solid 3Q25 results, led by a strong 50% y/y surge in non-subscription music revenue, driven by robust concert and merchandise performance.
Bears Say
Competition RiskBytedance’s Fanqie Changting is the number one audio book platform in China by MAU, posing a competition risk to Ximalaya.
Margin PressureA continued revenue mix shift toward lower-margin segments may intensify margin pressure in FY26.
Pricing ConcernsThe stock trades at a premium to both its 5-year historical average and most China internet peers.
Tencent Music Entertainment Group News
TME FAQ
What was Tencent Music Entertainment’s price range in the past 12 months?
Tencent Music Entertainment lowest stock price was $10.26 and its highest was $26.70 in the past 12 months.
What is Tencent Music Entertainment’s market cap?
Tencent Music Entertainment’s market cap is $26.04B.
When is Tencent Music Entertainment’s upcoming earnings report date?
Tencent Music Entertainment’s upcoming earnings report date is Mar 23, 2026 which is in 98 days.
How were Tencent Music Entertainment’s earnings last quarter?
Tencent Music Entertainment released its earnings results on Nov 12, 2025. The company reported $0.195 earnings per share for the quarter, missing the consensus estimate of $0.208 by -$0.013.
Is Tencent Music Entertainment overvalued?
According to Wall Street analysts Tencent Music Entertainment’s price is currently Undervalued.
Does Tencent Music Entertainment pay dividends?
Tencent Music Entertainment pays a Annually dividend of $0.18 which represents an annual dividend yield of 0.99%. See more information on Tencent Music Entertainment dividends here
What is Tencent Music Entertainment’s EPS estimate?
Tencent Music Entertainment’s EPS estimate is 0.22.
How many shares outstanding does Tencent Music Entertainment have?
Tencent Music Entertainment has 716,429,900 shares outstanding.
What happened to Tencent Music Entertainment’s price movement after its last earnings report?
Tencent Music Entertainment reported an EPS of $0.195 in its last earnings report, missing expectations of $0.208. Following the earnings report the stock price went down -8.386%.
Which hedge fund is a major shareholder of Tencent Music Entertainment?
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$26.83 (47.26% Upside)
$26.83 (47.26% Upside)
Blogger Sentiment
Bullish
TME Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 173.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
52.80%
12-Months-Change
Fundamentals
Return on Equity
14.47%
Trailing 12-Months
Asset Growth
22.15%
Trailing 12-Months
Company Description
Tencent Music Entertainment
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
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in revenues and music subscriptions, driven by strategic partnerships, international expansion, and innovative user engagement strategies. However, challenges remain with the decline in social entertainment revenues and the lower gross margins in new growth areas. Overall, the positive aspects significantly outweigh the negatives.View all TME earnings summariesTME Stock 12 Month Forecast
Average Price Target
$26.83
▲(47.26% Upside)
Technical Analysis
Ownership Overview
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Insiders
14.46% Mutual Funds
18.59% Other Institutional Investors
56.06% Public Companies and Individual Investors