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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
$14.08B
Enterprise Value$11.67K
Total Cash (Recent Filing)$26.66B
Total Debt (Recent Filing)$4.82B
Price to Earnings (P/E)11.5
Beta0.90
Next Earnings
Aug 11, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield2.54%
Share Statistics
EPS (TTM)5.56
Shares Outstanding741,429,900
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
$16.10Price Target Upside81.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)6.09
Revenue Forecast (FY)$35.64B
Bulls Say, Bears Say
Bulls Say
High Profit MarginsSustained high gross and operating margins point to durable unit economics across streaming and social features. These margins allow TME to fund content licensing, product development and marketing without eroding profitability, supporting long-term reinvestment and competitive differentiation.
Conservative Balance Sheet And Low LeverageVery low debt gives TME financial flexibility to invest in catalogs, technology and M&A while absorbing cyclical shocks. A strong capital base reduces refinancing risk and supports sustained content spending and strategic initiatives over the next several quarters.
Re-accelerating Revenue GrowthMaterial revenue re-acceleration indicates stronger user engagement and monetization across subscriptions and social spending. Durable top-line momentum supports scale economics, better bargaining with partners, and the ability to convert engagement into recurring revenue streams.
Bears Say
Weaker Free Cash Flow Trends / Cash QualityA sharp negative swing in FCF growth and OCF materially below net income raise earnings-quality concerns. If cash conversion remains weak, TME's ability to sustainably fund content deals, capex or shareholder returns could be constrained despite reported profits.
Earnings Volatility And Declining Net Income Vs Prior YearNotable swings in net income and margins reduce predictability for capital allocation and investor expectations. Structural variability driven by content costs, seasonal social spending or one-offs can complicate long-term planning and raise downside risk during softer demand.
Dependence On Licensing And Discretionary Social SpendingTME's model relies on third-party licensing (labels/rights holders) and discretionary in-app spending. Rising licensing costs or weaker consumer discretionary spend can structurally pressure margins and revenue, as bargaining power of rights holders and cyclical consumption directly affect economics.
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 $14.08B.
When is Tencent Music Entertainment’s upcoming earnings report date?
Tencent Music Entertainment’s upcoming earnings report date is Aug 11, 2026 which is in 8 days.
How were Tencent Music Entertainment’s earnings last quarter?
Tencent Music Entertainment released its earnings results on May 12, 2026. The company reported $0.198 earnings per share for the quarter, missing the consensus estimate of $0.203 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 2.54%. 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 $0.198 in its last earnings report, missing expectations of $0.203. 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
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$16.10 (81.72% Upside)
$16.10 (81.72% Upside)
Blogger Sentiment
Bullish
TME Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 937.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.18%
12-Months-Change
Fundamentals
Return on Equity
2.54%
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 Company Deck
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
▲(81.72% Upside)
Technical Analysis
Ownership Overview
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Insiders
10.71% Mutual Funds
3.79% Other Institutional Investors
73.05% Public Companies and Individual Investors