Tencent Music Entertainment Group (HKG:1698)

Market Cap	107.21B -64.5%
Revenue (ttm)	39.17B +12.1%
Net Income	10.30B -12.9%
EPS	6.61 -12.8%
Shares Out	n/a
PE Ratio	10.41
Forward PE	9.01
Dividend	0.94 (2.94%)
Ex-Dividend Date	Apr 1, 2026

Volume	1,017,200
Open	32.00
Previous Close	32.28
Day's Range	31.74 - 32.98
52-Week Range	30.52 - 96.90
Beta	0.82
Analysts	Buy
Price Target	54.79 (+71.33%)
Est. Earnings	Nov 10, 2026

About HKG:1698

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its libra...

• Industry: Internet Content & Information
• Sector: Communication Services
• CEO: Zhu Liang
• Employees: 5,690
• Stock Exchange: Hong Kong Stock Exchange
• Ticker Symbol: 1698

Financial Performance

In 2025, HKG:1698's revenue was 32.90 billion, an increase of 15.85% compared to the previous year's 28.40 billion. Earnings were 11.06 billion, an increase of 66.41%.

Financial numbers in CNY

Analyst Summary

According to 14 analysts, the average rating for 1698 stock is "Buy." The 12-month stock price target is $54.79, which is an increase of 71.33% from the latest price.

Price Target

$54.79

(71.33% upside)

Analyst Consensus: Buy

Data Sources: S&P Global Market Intelligence and Financial Modeling Prep

Fundamental and historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Financial Modeling Prep.

Last checked:

Sep 23, 2026

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