63TA Stock Chart & Stats
€7.74
€0.12(1.57%)
At close: 4:00 PM EDT
€7.74
€0.12(1.57%)
Day’s Range― - ―
52-Week Range€7.04 - €22.20
Previous CloseN/A
Volume0.00
Average Volume (3M)521.00
Market Cap
€11.15B
Enterprise Value€11.54K
Total Cash (Recent Filing)€30.65B
Total Debt (Recent Filing)€16.88B
Price to Earnings (P/E)10.2
Beta0.97
Next Earnings
Nov 17, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.56
Shares Outstanding818,327,500
10 Day Avg. Volume198
30 Day Avg. Volume521
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€11.13Price Target Upside43.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)5.02
Revenue Forecast (FY)€30.25B
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
63TA FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was €7.04 and its highest was €22.20 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Tencent Music Entertainment Group’s market cap is €11.15B.
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is Nov 17, 2026 which is in 82 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Aug 11, 2026. The company reported €0.2 earnings per share for the quarter, beating the consensus estimate of €0.197 by €0.003.
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 does not currently pay dividends.
What is Tencent Music Entertainment Group’s EPS estimate?
Tencent Music Entertainment Group’s EPS estimate is 0.18.
How many shares outstanding does Tencent Music Entertainment Group have?
Tencent Music Entertainment Group has 818,327,500 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, beating expectations of €0.197. Following the earnings report the stock price went down -11.294%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Currently, no hedge funds are holding shares in DE:63TA
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
1
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5
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7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€11.13 (43.80% Upside)
€11.13 (43.80% Upside)
Blogger Sentiment
Bullish
DE:63TA Sentiment 78%
Sector Average ―
Sector Average ―
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
2.74%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Company Description
Tencent Music Entertainment Group
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.
63TA Company Deck
63TA 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 DE:63TA earnings summaries63TA Stock 12 Month Forecast
Average Price Target
€11.13
▲(43.80% Upside)