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TME Stock Chart & Stats
$8.86
$0.49(5.53%)
At close: 4:00 PM EDT
$8.86
$0.49(5.53%)
Day’s Range― - ―
52-Week Range$7.94 - $26.70
Previous CloseN/A
Volume3.97M
Average Volume (3M)7.42M
Market Cap
$13.30B
Enterprise Value$11.54K
Total Cash (Recent Filing)$30.65B
Total Debt (Recent Filing)$16.88B
Price to Earnings (P/E)10.3
Beta1.01
Next Earnings
Nov 17, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield2.73%
Share Statistics
EPS (TTM)5.54
Shares Outstanding818,327,500
10 Day Avg. Volume5,306,931
30 Day Avg. Volume7,416,791
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)2.34
Price to Sales (P/S)5.71
P/FCF Ratio19.06
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$12.89Price Target Upside45.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)5.85
Revenue Forecast (FY)$35.31B
Bulls Say, Bears Say
Bulls Say
Music And Membership GrowthStrong growth in core music services and memberships supports a larger recurring-revenue base. SVIP adoption and broader member benefits can improve retention, deepen monetization and reduce reliance on more volatile social-entertainment spending.
Profitability And Cash GenerationSustained profitability and substantial operating cash flow give TME the resources to fund content, technology and ecosystem investments internally. Strong liquidity also supports resilience and shareholder returns while limiting dependence on external financing.
Broadening Music And Audio EcosystemCombining streaming, long-form audio, creator content and offline music IP increases user touchpoints and monetization opportunities. Tencent integration and AI-led discovery may strengthen engagement, premium conversion and competitive differentiation over time.
Bears Say
Margin Normalization And Cost PressureHigher content, channel, integration and operating costs could limit the conversion of revenue growth into earnings. Margin normalization from elevated prior levels suggests profitability may remain strong but will require disciplined spending and favorable mix.
Subscription CompetitionCompetitive pressure on user acquisition and subscription growth can constrain traffic expansion and average revenue per user. Slower conversion of casual listeners would make future membership growth more dependent on premium upgrades and higher content investment.
Ximalaya Integration RiskThe acquisition broadens TME’s content ecosystem but introduces execution risk, amortization and integration costs. Realizing durable synergies will depend on successfully combining platforms, retaining audiences and improving monetization without weakening margins.
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 $7.94 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 $13.30B.
When is Tencent Music Entertainment’s upcoming earnings report date?
Tencent Music Entertainment’s upcoming earnings report date is Nov 17, 2026 which is in 86 days.
How were Tencent Music Entertainment’s earnings last quarter?
Tencent Music Entertainment released its earnings results on Aug 11, 2026. The company reported $0.233 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.003.
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 $0.24 which represents an annual dividend yield of 2.73%. See more information on Tencent Music Entertainment dividends here
What is Tencent Music Entertainment’s EPS estimate?
Tencent Music Entertainment’s EPS estimate is 0.21.
How many shares outstanding does Tencent Music Entertainment have?
Tencent Music Entertainment has 818,327,500 shares outstanding.
What happened to Tencent Music Entertainment’s price movement after its last earnings report?
Tencent Music Entertainment reported an EPS of $0.233 in its last earnings report, beating expectations of $0.23. Following the earnings report the stock price went down -11.919%.
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
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.89 (45.44% Upside)
$12.89 (45.44% Upside)
Blogger Sentiment
Bullish
TME Sentiment 78%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.18%
12-Months-Change
Fundamentals
Return on Equity
2.73%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Company Description
Tencent Music Entertainment
Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.
TME Company Deck
TME Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a generally constructive operating picture: top-line growth (6% YoY) was supported by strong music-related services (+11% YoY), SVIP/membership expansion (+8% YoY), improving EBITDA (+5% YoY), solid cash reserves and active share repurchases. Strategic moves—Ximalaya consolidation, deeper Tencent ecosystem integration, IP monetization (live events, merchandise) and AI/product enhancements—are highlighted as drivers of future growth. Offsetting these positives are advertising headwinds, modest gross margin compression, rising operating expenses and near-term subscription moderation amid competition. Overall, the positives (revenue and membership growth, profitability gains, strong IP momentum and ample cash/share buybacks) outweigh the near-term margin and ad challenges, yielding a favorable outlook but with noted execution and integration costs to monitor.View all TME earnings summariesTME Stock 12 Month Forecast
Average Price Target
$12.89
▲(45.44% Upside)
Technical Analysis
Ownership Overview
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Insiders
9.70% Mutual Funds
16.95% Other Institutional Investors
61.61% Public Companies and Individual Investors