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Tencent Music Entertainment Group (TME)
NYSE:TME
TME Stock Chart & Stats
$16.27
$0.12(1.06%)
At close: 4:00 PM EST
$16.27
$0.12(1.06%)
Day’s Range― - ―
52-Week Range$11.71 - $26.70
Previous CloseN/A
Volume2.31M
Average Volume (3M)5.79M
Market Cap
$22.94B
Enterprise Value$173.34B
Total Cash (Recent Filing)$22.32B
Total Debt (Recent Filing)$3.87B
Price to Earnings (P/E)16.7
Beta0.85
Next Earnings
Mar 17, 2026EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)0.20
Shares Outstanding716,429,900
10 Day Avg. Volume6,649,653
30 Day Avg. Volume5,786,400
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 Cap7.56
Enterprise Value/Revenue5.46
Enterprise Value/Gross Profit12.45
Enterprise Value/Ebitda16.45
Forecast
1Y Price Target
$26.29Price Target Upside61.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Content Ecosystem MonetizationSustained investment in music labels, artist management, concerts and merchandise is building a one-stop content ecosystem that can expand non-subscription revenue and enhance artist monetization.
Regulatory OutlookOfficial government signals point to a possible easing of restrictions on KPOP live performances in China, which could reopen concert revenue opportunities and lift fan engagement across platforms.
Strategic Acquisition UpsideThe proposed Ximalaya acquisition and tighter integration with Tencent games and video IP could broaden audio distribution and unlock additional monetization channels not fully priced into the stock.
Bears Say
Analyst Valuation AdjustmentsAnalysts have trimmed price targets and reduced upside scenarios after revising valuation multiples, reflecting lowered market expectations for near-term share appreciation.
Investment-driven Earnings DilutionHigher investment in new growth drivers and content initiatives is expected to reduce adjusted operating profit and dilute near-term margins.
Margin Pressure From Offline ExpansionRapid expansion of offline events and a shift toward lower-margin non-subscription segments may weigh on overall gross margins and compress profitability.
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 $11.71 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 $22.94B.
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is Mar 17, 2026 which is in 33 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Nov 12, 2025. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.213 by -$0.013.
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 0.22.
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 $0.2 in its last earnings report, missing expectations of $0.213. Following the earnings report the stock price went down -8.386%.
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$26.29 (61.59% Upside)
$26.29 (61.59% Upside)
Blogger Sentiment
Bullish
TME Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 173.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.33%
12-Months-Change
Fundamentals
Return on Equity
14.47%
Trailing 12-Months
Asset Growth
22.15%
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
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
$26.29
▲(61.59% Upside)
Technical Analysis
Ownership Overview
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Insiders
13.08% Mutual Funds
0.04% Other Institutional Investors
75.51% Public Companies and Individual Investors