Tencent Music Entertainment (TME)
NYSE:TME
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TME Stock Chart & Stats
$10.08
$0.12(1.06%)
At close: 4:00 PM EST
$10.08
$0.12(1.06%)
Day’s Range― - ―
52-Week Range$8.44 - $26.70
Previous CloseN/A
Volume2.31M
Average Volume (3M)13.00M
Market Cap
$12.42B
Enterprise Value$79.05B
Total Cash (Recent Filing)$24.35B
Total Debt (Recent Filing)$3.82B
Price to Earnings (P/E)10.3
Beta0.91
Next Earnings
Aug 18, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)7.00
Shares Outstanding741,429,900
10 Day Avg. Volume13,841,150
30 Day Avg. Volume12,999,180
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 Cap6.37
Enterprise Value/Revenue2.47
Enterprise Value/Gross Profit4.33
Enterprise Value/Ebitda5.43
Forecast
1Y Price Target
$16.10Price Target Upside59.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)6.1
Revenue Forecast (FY)$35.70B
Bulls Say, Bears Say
Bulls Say
Material Margin ExpansionSustained gross and net margin expansion indicates durable operating leverage and improved unit economics across streaming and social services. Higher margins support internal reinvestment, resilience to content-cost pressure, and stronger cash conversion that underpins long-term reinvestment or shareholder returns.
Conservative Balance Sheet / Low LeverageVery low debt provides lasting financial flexibility to fund content licensing, product development, or strategic M&A without high refinancing risk. A conservative capital structure reduces downside in cyclical ad or consumer spend downturns and supports durable investment capacity.
Leading Diversified Music & Social EcosystemA multi-app, multi-format ecosystem deepens user engagement and creates network effects across subscriptions, social spending and live events. Diversified product touchpoints raise switching costs, broaden monetization levers, and sustain recurring revenue over multiple cycles.
Bears Say
Unusually Sharp 2025 Revenue AccelerationAn outsized 2025 revenue jump departs from recent trend, raising risk that future top-line growth reverts to lower rates. Structurally, reliance on a one-off acceleration complicates capacity planning and makes medium-term revenue and margin trajectories less predictable for investors and management.
Choppy Free Cash Flow GrowthIrregular FCF trends reduce visibility into sustainable cash generation despite healthy absolute levels. For a content-heavy platform, volatile free cash flow complicates funding of licensing, product investment, or shareholder distributions and raises execution risk over a multi-quarter horizon.
Operating Cash Covers Modest Portion Of Net IncomeWhen operating cash lags reported earnings it signals lower earnings quality and potential reliance on non-cash gains or timing effects. Persistently modest cash conversion limits buffer for reinvestment or debt reduction and can constrain strategic flexibility during slower revenue periods.
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 $8.44 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 $12.42B.
When is Tencent Music Entertainment’s upcoming earnings report date?
Tencent Music Entertainment’s upcoming earnings report date is Aug 18, 2026 which is in 57 days.
How were Tencent Music Entertainment’s earnings last quarter?
Tencent Music Entertainment released its earnings results on May 12, 2026. The company reported $0.197 earnings per share for the quarter, missing the consensus estimate of $0.201 by -$0.004.
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 1.02%. See more information on Tencent Music Entertainment dividends here
What is Tencent Music Entertainment’s EPS estimate?
Tencent Music Entertainment’s EPS estimate is 0.23.
How many shares outstanding does Tencent Music Entertainment have?
Tencent Music Entertainment has 741,429,900 shares outstanding.
What happened to Tencent Music Entertainment’s price movement after its last earnings report?
Tencent Music Entertainment reported an EPS of $0.197 in its last earnings report, missing expectations of $0.201. Following the earnings report the stock price went down -1.306%.
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:
$16.10 (59.72% Upside)
$16.10 (59.72% Upside)
Blogger Sentiment
Bullish
TME Sentiment 67%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 937.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.86%
12-Months-Change
Fundamentals
Return on Equity
10.97%
Trailing 12-Months
Asset Growth
6.86%
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 Earnings Call
Q1 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
$16.10
▲(59.72% Upside)
Technical Analysis
Ownership Overview
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Insiders
12.38% Mutual Funds
12.98% Other Institutional Investors
60.95% Public Companies and Individual Investors