Tencent Music Entertainment Group (TME)

NYSE: TME · Real-Time Price · USD
8.86
+0.08 (0.91%)
At close: Jul 15, 2026, 4:00 PM EDT
8.86
0.00 (0.00%)
After-hours: Jul 15, 2026, 5:18 PM EDT
Market Cap13.94B -52.9%
Revenue (ttm)4.85B +15.4%
Net Income1.28B -6.9%
EPS0.82 -6.5%
Shares Out 1.57B
PE Ratio10.65
Forward PE8.86
Dividend$0.24 (2.71%)
Ex-Dividend DateApr 2, 2026
Volume8,234,182
Open8.92
Previous Close8.78
Day's Range8.84 - 9.09
52-Week Range7.94 - 26.70
Beta0.79
AnalystsBuy
Price Target15.44 (+74.27%)
Earnings DateAug 11, 2026

About TME

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]

IPO Date Dec 12, 2018
Employees 5,690
Stock Exchange NYSE
Ticker Symbol TME
Full Company Profile

Financial Performance

In 2025, TME'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 Statements

Analyst Summary

According to 29 analysts, the average rating for TME stock is "Buy." The 12-month stock price target is $15.44, which is an increase of 74.27% from the latest price.

Price Target
$15.44
(74.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day ago - PRNewsWire

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...

15 days ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - MarketBeat

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.

2 months ago - TheFly

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…

2 months ago - TheFly

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.

2 months ago - Transcripts

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.

2 months ago - Filings

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.

2 months ago - Filings

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...

2 months ago - PRNewsWire

Notable companies reporting before tomorrow’s open

Notable companies reporting before tomorrow’s open, with earnings consensus, include Under Armour (UA) (UAA), consensus (2c)… On Holding (ONON), consensus 27c… Tencent Music (TME), consensus $1.37… JD...

Other symbols: JDONONQSEUAUAAZBRA
2 months ago - TheFly

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - MarketBeat

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 ...

3 months ago - MarketBeat

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.

4 months ago - The Motley Fool

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

4 months ago - TheFly

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

4 months ago - TheFly

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...

4 months ago - PRNewsWire

Why Tencent Music Entertainment Stock Withered on Wednesday

For the second day in a row, analysts updated their takes on the company. These adjustments were generally not positive.

4 months ago - The Motley Fool

Tencent Music Entertainment Group Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

SAN DIEGO, March 18, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Tencent Music Entertainment Group (NYSE: TME). The investigation focuses ...

4 months ago - GlobeNewsWire

Tencent Music downgraded to Hold from Buy at Daiwa

Daiwa downgraded Tencent Music (TME) to Hold from Buy with a $12 price target

4 months ago - TheFly

Tencent Music downgraded to Neutral from Buy at UBS

UBS downgraded Tencent Music (TME) to Neutral from Buy with a price target of $13, down from $26. Despite a revenue beat in Q4, the firm is turning more conservative

4 months ago - TheFly

Tencent Music price target lowered to $23 from $28 at Mizuho

Mizuho analyst Wei Fang lowered the firm’s price target on Tencent Music (TME) to $23 from $28 and keeps an Outperform rating on the shares following the Q4 report. The

4 months ago - TheFly