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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)10.20M
Market Cap
$11.98B
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. Volume6,097,934
30 Day Avg. Volume10,198,245
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 is concentrated in recurring music and membership services, indicating continued willingness to pay for premium content and features. This supports durable monetization, strengthens user engagement, and gives TME a foundation for further subscription and ecosystem expansion.
Strong Profitability And Cash GenerationTME has materially improved profitability while generating substantial operating and free cash flow. This internally funded cash generation supports content investment, product development, acquisitions, and shareholder returns, providing financial resilience across the next several quarters.
Expanding Audio And IP EcosystemThe combination of music, long-form audio, AI discovery, events, and merchandise broadens TME’s monetization surface beyond basic streaming. A larger ecosystem can improve retention, increase premium conversion, and create more ways to monetize valuable music and creator IP.
Bears Say
Profit Decline In Interim ResultsThe interim earnings decline shows that revenue growth has not translated consistently into bottom-line expansion. Lower operating profit and reduced other gains could constrain reinvestment capacity and indicate that recent earnings power is less stable than the top-line trend suggests.
Margin And Expense PressureManagement’s outlook points to continued gross-margin compression alongside higher operating and integration expenses. Even with EBITDA edging up, persistent cost pressure can limit operating leverage and make future profit growth more dependent on successful execution and revenue mix improvement.
Higher Leverage And Debt RefinancingLeverage remains manageable but has increased materially from prior years, and the proposed notes indicate an ongoing refinancing need. Higher debt can reduce financial flexibility, add interest obligations, and compete with content investment or shareholder distributions for capital.
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 $11.98B.
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 57 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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.89 (47.43% Upside)
$12.89 (47.43% Upside)
Blogger Sentiment
Bullish
TME Sentiment 63%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 2.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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
63.03% Public Companies and Individual Investors