TMEN Stock Chart & Stats
$140.00
$0.00(0.00%)
At close: 4:00 PM EDT
$140.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$125.00 - $500.00
Previous CloseN/A
Volume0.00
Average Volume (3M)7.00
Market Cap
$221.89B
Enterprise Value$11.54K
Total Cash (Recent Filing)$30.65B
Total Debt (Recent Filing)$16.88B
Price to Earnings (P/E)9.4
Beta0.46
Next Earnings
Nov 17, 2026EPS Estimate
3.89Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.56
Shares Outstanding818,327,500
10 Day Avg. Volume0
30 Day Avg. Volume7
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
$232.97Price Target Upside66.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)105.77
Revenue Forecast (FY)$638.78B
Bulls Say, Bears Say
Bulls Say
Music And Membership GrowthGrowth is concentrated in the core music engine: music-related services rose 11% and membership 8% in Q2. Continued SVIP adoption and diversified privileges can deepen recurring monetization, while a larger paid base supports investment in content and product features over the next several quarters.
Strong Cash Generation And ProfitabilityOperating cash flow reached about RMB11.2 billion TTM and free cash flow about RMB8.9 billion, alongside a 26% net margin. This combination gives TME internal funding for content, product development and ecosystem integration, while reducing reliance on external capital to pursue growth.
Broader Audio And IP EcosystemXimalaya broadens TME beyond music streaming into audio, while concerts, merchandise and fan events create additional ways to monetize music IP. A wider content ecosystem can increase engagement, strengthen SVIP value and diversify revenue opportunities over time.
Bears Say
Margin Compression And Rising ExpensesGross margin slipped to 44.2% from 44.4%, and management expects another slight year-over-year decline in the second half. Operating expenses rose to 14.5% of revenue from 13.7%, so higher investment and integration costs may constrain margin expansion even as EBITDA grows.
Subscription Moderation And CompetitionSubscription growth moderated excluding Ximalaya, while competition is affecting acquisition of light and casual users. Pressure on traffic and ARPU expansion could make the paid-user growth engine less efficient and require greater product or channel spending to sustain membership momentum.
Higher Leverage Than Recent PeriodsTTM debt-to-equity increased to about 0.22 from 0.05–0.09 in 2024–2025, despite remaining manageable in absolute terms. The higher leverage reduces financial flexibility relative to TME’s recent balance-sheet position and could make capital allocation more constrained if operating conditions weaken.
Tencent Music Entertainment Group News
TMEN FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $125.00 and its highest was $500.00 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Tencent Music Entertainment Group’s market cap is $221.89B.
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 45 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 $4.284 earnings per share for the quarter, beating the consensus estimate of $4.229 by $0.055.
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 3.89.
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 $4.284 in its last earnings report, beating expectations of $4.229. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Currently, no hedge funds are holding shares in MX:TMEN
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$232.97 (66.41% Upside)
$232.97 (66.41% Upside)
Blogger Sentiment
Bullish
MX:TMEN Sentiment 63%
Sector Average 56%
Sector Average 56%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-65.51%
12-Months-Change
Fundamentals
Return on Equity
3.18%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
TMEN Company Deck
TMEN 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 MX:TMEN earnings summariesTMEN Stock 12 Month Forecast
Average Price Target
$232.97
▲(66.41% Upside)