Tencent Music Entertainment Group (63TA) Price & Analysis

29 Followers

63TA Stock Chart & Stats

€8.50

€0.00(0.00%)

At close: Jan 08 4:00 PM EST

€8.50

€0.00(0.00%)

Day’s Range― - ―

52-Week Range€7.04 - €22.40

Previous CloseN/A

Volume0.00

Average Volume (3M)524.00

Market Cap

€11.13B

Enterprise Value€79.05B

Total Cash (Recent Filing)€26.66B

Total Debt (Recent Filing)€4.82B

Price to Earnings (P/E)10.5

Beta0.88

Next Earnings

Aug 18, 2026

EPS Estimate

0.2

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)5.56

Shares Outstanding741,429,900

10 Day Avg. Volume132

30 Day Avg. Volume524

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

€14.07

Price Target Upside65.53% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering5

EPS Forecast (FY)5.35

Revenue Forecast (FY)€31.27B

Bulls Say, Bears Say

Bulls Say

Sustained Margin ExpansionMaterial margin expansion over several years demonstrates durable operating leverage and improved unit economics. Higher gross and net margins increase resilience to cost shocks, support reinvestment in product and content, and underpin stronger long-term cash generation and return on equity.

Conservative Balance SheetVery low leverage gives the company financial flexibility to fund content deals, product development, or M&A without stressing liquidity. It also reduces refinancing risk in downturns and supports durable creditworthiness and strategic optionality over the next several quarters.

Strong Cash GenerationHigh absolute operating and free cash flow, closely tracking net income, indicates earnings quality and the ability to self-fund content, platform improvements and shareholder returns. This cash conversion supports durable investment and financial stability over 2-6 months.

Bears Say

Unusually Sharp 2025 Revenue SpikeA one-year revenue acceleration that departs sharply from prior trend raises sustainability risk. Forecasting becomes harder if 2025 drivers were episodic. If not repeatable, margins and cash flow could normalize, increasing fundamental volatility over the medium term.

Choppy Cash Flow Growth & CoverageAlthough absolute cash flow is strong, inconsistent FCF growth and modest OCF coverage of net income reduce predictability of free cash available for strategic uses. This weakens visibility on sustainable shareholder returns and investment pacing over coming quarters.

Content Licensing & Revenue Mix RiskDependence on licensing terms and user discretionary spending creates structural margin and catalog risks. Adverse licensing renegotiations or softer user spending in social entertainment can pressure margins and engagement, impacting durable revenue and content competitiveness.

Tencent Music Entertainment Group News

Tencent Music price target lowered to $10 from $12 at JPMorgan

JPMorgan lowered the firm’s price target on Tencent Music (TME) to $10 from $12 and keeps a Neutral...

2M ago

TME

Tencent Music price target lowered to $18 from $23 at Mizuho

Mizuho analyst Wei Fang lowered the firm’s price target on Tencent Music (TME) to $18 from $23 and...

2M ago

TME

Midday Fly By: eBay rejects GameStop offer, Trian said to eye Wendy’s bid

The major averages were broadly lower near noon as semiconductor stocks pull back following a massive multi-week run....

2M ago

These Are the Stocks Reporting Earnings Today – May 12, 2026

Here’s a look at today’s key earnings reports from major publicly traded companies. Stock market investors will undoubtedly...

2M ago

DDI

FNV

Morning Movers: Zebra surges and Under Armour plummets after Q1 results

S&P futures are lower and the Nasdaq is under greater pressure as semiconductor stocks pull back following a...

2M ago

Tencent Music reports Q1 EPS 21c vs. 19c last year

Reports Q1 revenue $1.15B vs. $1.01B last year. Cussion Pang, Executive Chairman of TME, commented, “This quarter’s steady...

2M ago

TME

Notable companies reporting before tomorrow’s open

Notable companies reporting before tomorrow’s open, with earnings consensus, include Under Armour (UA) (UAA), consensus (2c)… On Holding...

2M ago

The Week That Was, The Week Ahead: Macro and Markets, May 10

Last week, stocks pushed to fresh highs as strong jobs data and gains in chip stocks helped lift...

2M ago

Tencent Music Entertainment Files 2025 Annual Report with U.S. SEC

An update from Tencent Music Entertainment Group ( ($TME) ) is now available. Tencent Music Entertainment Group, the...

3M ago

TME

Tencent Music Earnings Call Highlights Growth And Risks

Tencent Music Entertainment (($TME)) has held its Q4 earnings call. Read on for the main highlights of the...

3M ago

TME

Ex-Dividend Date Nearing for These 10 Stocks – Week of March 29, 2026

This week, several dividend stocks are trading close to their 52-week lows. Here is a list of ten such stocks...

3M ago

BDN

NVO

The Week That Was, The Week Ahead: Macro and Markets, Mar. 29

Markets React to Oil, Risk, and Rotation U.S. stocks moved lower last week as war risk and rising...

3M ago

Tencent Music downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Tencent Music (TME) to Equal Weight from Overweight with a price target of $12.30, down...

4M ago

TME

Tencent Music price target lowered to $20 from $28 at Barclays

Barclays lowered the firm’s price target on Tencent Music (TME) to $20 from $28 and keeps an Overweight...

4M ago

TME

63TA FAQ

What was Tencent Music Entertainment’s price range in the past 12 months?

Tencent Music Entertainment lowest stock price was €7.04 and its highest was €22.40 in the past 12 months.

What is Tencent Music Entertainment’s market cap?

Tencent Music Entertainment’s market cap is €11.13B.

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 38 days.

How were Tencent Music Entertainment’s earnings last quarter?

Tencent Music Entertainment released its earnings results on May 12, 2026. The company reported €0.173 earnings per share for the quarter, missing the consensus estimate of €0.177 by -€0.004.

Is Tencent Music Entertainment overvalued?

According to Wall Street analysts Tencent Music Entertainment’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Tencent Music Entertainment pay dividends?

Tencent Music Entertainment does not currently pay dividends.

What is Tencent Music Entertainment’s EPS estimate?

Tencent Music Entertainment’s EPS estimate is 0.2.

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 €0.173 in its last earnings report, missing expectations of €0.177. Following the earnings report the stock price went down -1.55%.

Which hedge fund is a major shareholder of Tencent Music Entertainment?

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

Neutral

Fundamentals

Return on Equity

10.97%

Trailing 12-Months

Asset Growth

6.86%

Trailing 12-Months

Top Smart Score Stocks >

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.

Tencent Music Entertainment Group (63TA) Earnings & Revenues

Historic Earnings Reports

63TA Company Deck

63TA 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 DE:63TA earnings summaries

63TA Stock 12 Month Forecast

Average Price Target

€14.07

▲(65.53% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"6":"€6","21":"€21","9.75":"€9.75","13.5":"€13.5","17.25":"€17.25"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":17.4780868,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€17.48</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":14.069859873999999,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€14.07</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":8.7390434,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€8.74</span>\n  </div></div>","useHTML":true}}],"tickPositions":[6,9.75,13.5,17.25,21],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Oct<br/>2025","6":"Jan<br/>2026","9":"Apr<br/>2026","12":"Jul<br/>2026","25":"Jul<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,7.54,8.304468215384615,9.06893643076923,9.833404646153847,10.597872861538463,11.362341076923077,12.126809292307692,12.891277507692308,13.655745723076922,14.42021393846154,15.184682153846154,15.949150369230768,16.713618584615386,{"y":17.4780868,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,7.54,8.042296913384614,8.54459382676923,9.046890740153845,9.54918765353846,10.051484566923076,10.553781480307691,11.056078393692307,11.558375307076922,12.060672220461537,12.562969133846153,13.065266047230768,13.567562960615383,{"y":14.069859873999999,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,7.54,7.632234107692308,7.724468215384616,7.816702323076923,7.908936430769231,8.001170538461539,8.093404646153846,8.185638753846154,8.277872861538462,8.370106969230768,8.462341076923076,8.554575184615384,8.646809292307692,{"y":8.7390434,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":15.978,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":17.635,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":20.46,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":19.389,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":18.317,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.394,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.614,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.64,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.984,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.648,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.74,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.1,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.54,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >