Tencent Music Entertainment Group (TME)

Market Cap	19.45B
Revenue (ttm)	3.89B
Net Income (ttm)	910.25M
Shares Out	1.58B
EPS (ttm)	0.58
PE Ratio	21.16
Forward PE	15.81
Dividend	$0.18 (1.47%)
Ex-Dividend Date	Apr 3, 2025

Volume	4,042,144
Open	12.49
Previous Close	12.33
Day's Range	12.25 - 12.69
52-Week Range	9.41 - 15.77
Beta	0.49
Analysts	Strong Buy
Price Target	15.00 (+22.2%)
Earnings Date	May 13, 2025

About TME

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People’s Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover 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 library of karaoke songs and...

• Industry: Internet Content & Information
• Sector: Communication Services
• IPO Date: Dec 12, 2018
• Employees: 5,185
• Stock Exchange: NYSE
• Ticker Symbol: TME
• Website: https://www.tencentmusic.com

Financial Performance

In 2024, TME's revenue was 28.40 billion, an increase of 2.34% compared to the previous year's 27.75 billion. Earnings were 6.64 billion, an increase of 35.04%.

Financial numbers in CNY

Analyst Forecast

According to 6 analysts, the average rating for TME stock is "Strong Buy." The 12-month stock price forecast is $15.0, which is an increase of 22.20% from the latest price.

Price Target

$15.0

(22.20% upside)

Analyst Consensus: Strong Buy