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TME Stock Chart & Stats
$8.74
$0.49(5.53%)
At close: 4:00 PM EDT
$8.74
$0.49(5.53%)
Day’s Range― - ―
52-Week Range$7.70 - $25.25
Previous CloseN/A
Volume3.97M
Average Volume (3M)9.87M
Market Cap
$11.89B
Enterprise Value$11.54K
Total Cash (Recent Filing)$30.65B
Total Debt (Recent Filing)$16.88B
Price to Earnings (P/E)9.3
Beta1.13
Next Earnings
Nov 17, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield3.09%
Share Statistics
EPS (TTM)5.56
Shares Outstanding818,327,500
10 Day Avg. Volume5,411,710
30 Day Avg. Volume9,872,417
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
$12.89Price Target Upside47.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)5.86
Revenue Forecast (FY)$35.33B
Bulls Say, Bears Say
Bulls Say
Music And Membership GrowthGrowth in music services and memberships supports a more recurring, subscription-led revenue base. Continued SVIP adoption and broader member privileges can deepen engagement, improve monetization of the installed user base, and strengthen TME’s position in China’s digital audio market.
Strong Profitability And Cash GenerationTME has materially improved profitability while maintaining substantial positive operating and free cash flow. This internally generated liquidity supports content investment, product development, acquisitions and shareholder returns, giving the company financial capacity to pursue growth through the next several quarters.
Broader Audio And IP EcosystemExpanding beyond music streaming into long-form audio, events and merchandise creates additional ways to monetize content and artists. Ximalaya broadens the catalog and SVIP proposition, while IP-led offline revenue can increase user lifetime value and diversify TME’s platform economics.
Bears Say
Advertising And Subscription PressureWeak advertising conditions and slower underlying subscription growth can limit monetization even when user engagement remains healthy. Competitive pressure on casual-user acquisition may constrain traffic and ARPU expansion, making sustained growth more dependent on premium conversion and content execution.
Margin And Expense PressureMargin compression alongside faster operating-expense growth reduces the conversion of revenue gains into earnings. Ximalaya amortization, integration activity, channel spending and a changing revenue mix could keep profitability below prior peaks and require disciplined cost management.
Higher Leverage And Refinancing NeedsLeverage remains manageable but has increased materially from prior years, reducing the balance-sheet cushion. The planned debt refinancing and buyback funding add capital-allocation obligations, while higher debt can increase interest exposure and limit flexibility if operating conditions weaken.
Tencent Music Entertainment Group News
TME FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $7.70 and its highest was $25.25 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Tencent Music Entertainment Group’s market cap is $11.89B.
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 59 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 $0.234 earnings per share for the quarter, beating the consensus estimate of $0.231 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 pays a Annually dividend of $0.24 which represents an annual dividend yield of 3.09%. 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 0.21.
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 $0.234 in its last earnings report, beating expectations of $0.231. Following the earnings report the stock price went down -11.919%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
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
Neutral
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.89 (47.43% Upside)
$12.89 (47.43% Upside)
Blogger Sentiment
Bullish
TME Sentiment 75%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 2.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-68.51%
12-Months-Change
Fundamentals
Return on Equity
3.09%
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.
TME Company Deck
TME 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 TME earnings summariesTME Stock 12 Month Forecast
Average Price Target
$12.89
▲(47.43% Upside)
Technical Analysis
Ownership Overview
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Insiders
9.70% Mutual Funds
16.98% Other Institutional Investors
63.04% Public Companies and Individual Investors