Tencent Music Entertainment Group (TME) Price & Analysis

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TME Stock Chart & Stats

Day’s Range― - ―

52-Week Range$9.41 - $18.06

Previous CloseN/A

Volume2.31M

Average Volume (3M)7.13M

Market Cap

$26.47B

Enterprise Value$188.94B

Total Cash (Recent Filing)$26.69B

Total Debt (Recent Filing)¥6.08B

Price to Earnings (P/E)20.9

Beta0.85

Next Earnings

Aug 18, 2025

EPS Estimate

0.2

Last Dividend Ex-Date

Apr 03, 2025

Dividend Yield0.97%

Share Statistics

EPS (TTM)0.38

Shares Outstanding716,429,900

10 Day Avg. Volume9,046,313

30 Day Avg. Volume7,127,981

Financial Highlights & Ratios

PEG Ratio0.09

Price to Book (P/B)1.31

Price to Sales (P/S)0.00

P/FCF Ratio19.28

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

$17.10

Price Target Upside-4.31% Downside

Rating ConsensusStrong Buy

Number of Analyst Covering11

Tencent Music Entertainment Group News

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Bulls Say, Bears Say

Bulls Say

Financial PerformanceTME delivered a clean quarter with both revenue and margins above expectations.

Revenue GrowthTotal revenue came in at RMB7.5B (+8.2% y/y), above consensus expectation of RMB7.2B, with online music services growing robustly at 16.1% y/y.

Shareholder ReturnsThe company has substantially stepped-up shareholder returns, including a $273M cash dividend for FY24 and a new $1B share repurchase program.

Bears Say

CompetitionRising competition, particularly from lower-priced offerings, may slow new subscriber growth, especially among price-sensitive users.

Social Entertainment RevenueSocial entertainment and others revenue decreased by 12% YoY, mainly due to the decline in live streaming revenue.

Subscription Growth OutlookIntensifying competition from lower-priced offerings has led to a lower net subscriber addition forecast, indicating a softer subscription growth outlook.

Financials

Income Statement >

Options Prices

Detailed Option Prices >

Ownership Overview

―

Insiders

13.85% Mutual Funds

20.76% Other Institutional Investors

53.89% Public Companies and Individual Investors

Detailed Ownership Overview >

TME FAQ

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

Tencent Music Entertainment Group lowest stock price was $9.41 and its highest was $18.05 in the past 12 months.

What is Tencent Music Entertainment Group’s market cap?

Tencent Music Entertainment Group’s market cap is $26.47B.

When is Tencent Music Entertainment Group’s upcoming earnings report date?

Tencent Music Entertainment Group’s upcoming earnings report date is Aug 18, 2025 which is in 81 days.

How were Tencent Music Entertainment Group’s earnings last quarter?

Tencent Music Entertainment Group released its earnings results on May 13, 2025. The company reported $0.384 earnings per share for the quarter, beating the consensus estimate of $0.175 by $0.209.

Is Tencent Music Entertainment Group overvalued?

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

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 0.97%. 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 0.2.

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 $0.384 in its last earnings report, beating expectations of $0.175. Following the earnings report the stock price went up 2.512%.

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

Currently, no hedge funds are holding shares in TME

Tencent Music Entertainment Group Stock Smart Score

Neutral

Fundamentals

Return on Equity

14.37%

Trailing 12-Months

Asset Growth

23.47%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Tencent Music Entertainment Group

Tencent Music Entertainment Group (TME) is a leading online music entertainment platform in China, operating some of the most popular music applications in the country, including QQ Music, Kugou Music, and Kuwo Music. TME provides a wide range of services, including online music streaming, live music performances, karaoke, and social entertainment experiences, catering to a vast audience with diverse musical tastes. The company leverages its comprehensive content library, user-friendly interfaces, and innovative technology to deliver engaging and personalized experiences to music enthusiasts.

TME Earnings Call

Q1 2025

0:00 / 0:00

Earnings Call Sentiment|Positive

The earnings call highlighted strong financial performance in the music business, driven by subscription growth and strategic partnerships, but also noted challenges in the social entertainment segment and non-music subscriber monetization.Read More>

TME Stock 12 Month Forecast

Average Price Target

$17.10

▼(-4.31%Downside)

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Detailed Analyst Forecast >