Tencent Music Entertainment Group (HKG:1698)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 104.49B -62.1% |
| Revenue (ttm) | 39.17B +12.1% |
| Net Income | 10.30B -12.9% |
| EPS | 6.61 -12.8% |
| Shares Out | n/a |
| PE Ratio | 10.15 |
| Forward PE | 8.85 |
| Dividend | 0.94 (2.86%) |
| Ex-Dividend Date | Apr 1, 2026 |
| Volume | 2,123,188 |
| Open | 33.90 |
| Previous Close | 32.94 |
| Day's Range | 33.46 - 34.10 |
| 52-Week Range | 31.16 - 104.00 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 54.79 (+62.97%) |
| Earnings Date | Aug 11, 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... [Read more]
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 Financial StatementsAnalyst 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 62.97% from the latest price.
News
Why Tencent Music Entertainment Stock Dived by Nearly 12% Today
The quarter was mixed, with a revenue miss but a net profit beat. Both operational and financial growth is slowing for the company.
Tencent Music Entertainment Group Q2 Earnings Call Highlights
Tencent Music Entertainment Group NYSE: TME reported second-quarter 2026 revenue of RMB 8.9 billion, up 6% from a year earlier, as growth in music-related services and the consolidation of Ximalaya of...
Tencent Music Entertainment Group Earnings Call Transcript: Q2 2026
Q2 2026 saw 6% revenue growth to RMB 8.9B, driven by music services and Ximalaya integration. IP-related offerings, live events, and merchandise delivered strong growth, while gross margin remained stable. Ongoing investments in content, AI, and Tencent ecosystem integration support long-term growth.
Tencent Music Entertainment Group Earnings release: Q2 2026
Tencent Music Entertainment Group released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Tencent Music Entertainment Group Announces Second Quarter 2026 Unaudited Financial Results
SHENZHEN, China, Aug. 11, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in ...
Tencent Music Entertainment Group to Report Second Quarter 2026 Financial Results on August 11, 2026
SHENZHEN, China, July 14, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chin...
Tencent Music Entertainment Group Announces Poll Results of the 2026 Annual General Meeting
SHENZHEN, China, June 30, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chin...
Tencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2026
SHENZHEN, China, May 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China...
Tencent Music Entertainment Group Q1 Earnings Call Highlights
Tencent Music Entertainment Group NYSE: TME reported steady first-quarter 2026 results as management highlighted growth in music-related services, rising contributions from offline performances and co...
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 rating on the shares.
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 keeps an Outperform rating on the shares. The firm says the company’s…
Tencent Music Entertainment Group Earnings Call Transcript: Q1 2026
Q1 2026 saw 7% revenue growth and robust offline performance, with gross margin rising to 44.9%. Membership and IP-driven services led growth, while competition and AI-driven piracy remain key risks. Cash reserves reached RMB 41 billion.
Tencent Music Entertainment Group Earnings release: Q1 2026
Tencent Music Entertainment Group released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.
Tencent Music Entertainment Group Slides: Q1 2026
Tencent Music Entertainment Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 12, 2026.
Tencent Music Entertainment Group Announces First Quarter 2026 Unaudited Financial Results
SHENZHEN, China, May 12, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China...
Tencent Music Entertainment Group Releases 2025 ESG Report
SHENZHEN, China, April 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...
Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F
SHENZHEN, China, April 17, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...
Tencent Music Entertainment Group to Report First Quarter 2026 Financial Results on May 12, 2026
SHENZHEN, China, April 14, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...
These 3 Stocks Just Rewarded Investors With Big Dividend Bumps
For income investors, few things are as rewarding as receiving quarterly dividend payouts. But the next best thing very well might be learning that the stocks in their yield-focused portfolio are incr...
The "Spotify of China" Just Got a Whole Lot Cheaper
Tencent Music Entertainment Group NYSE: TME is China's music streaming leader, amassing a huge market share. The entertainment company boasts approximately 528 million monthly active users (MAUs) and ...
Why Tencent Music Entertainment Plunged Almost 30% This Week
Tencent Music reported fourth quarter earnings that beat on revenues but only met profit expectations. Management also said it would no longer disclose certain operating metrics going forward.
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 from $25. The market, and the firm, significantly underestimated the competitive risk
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 rating on the shares. The firm says the company’s competitive landscape has
Jay Chou's New Album "Children of the Sun" Set for Release, Pre-orders Launched on Tencent Music Entertainment Group's Platforms
SHENZHEN, China, March 19, 2026 /PRNewswire/ -- Millions of music fans are eagerly awaiting another historic moment for Mandopop. After three years and eight months, iconic Mandopop artist Jay Chou is...