Tencent Music Entertainment Group (TME)
| Market Cap | 13.81B -61.3% |
| Revenue (ttm) | 5.00B +12.1% |
| Net Income | 1.31B -12.9% |
| EPS | 0.84 -12.8% |
| Shares Out | 1.65B |
| PE Ratio | 9.44 |
| Forward PE | 8.32 |
| Dividend | $0.24 (2.87%) |
| Ex-Dividend Date | Apr 2, 2026 |
| Volume | 6,767,279 |
| Open | 8.19 |
| Previous Close | 7.96 |
| Day's Range | 8.13 - 8.43 |
| 52-Week Range | 7.66 - 23.86 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 12.58 (+50.39%) |
| Est. Earnings | Nov 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]
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 StatementsAnalyst Summary
According to 29 analysts, the average rating for TME stock is "Buy." The 12-month stock price target is $12.58, which is an increase of 50.39% from the latest price.
News
Tencent Music's 2026 Outlook: $400 Million Share Repurchase Program Reflects Financial Discipline
The subscription-focused pivot has significantly improved operational profitability and long-term financial health. Regulatory oversight and intense competition from short-form video platforms remain ...
Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering
SHENZHEN, China, Sept. 10, 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 Announces Pricing of US$1,000 Million Notes Offering
SHENZHEN, China, Sept. 3, 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 Announces Notes Offering
SHENZHEN, China, Sept. 1, 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 downgraded to Hold from Buy at China Renaissance
China Renaissance analyst Yiwen Zhang downgraded Tencent Music (TME) to Hold from Buy with a $9.30 price target
Tencent Music price target lowered to $9.50 from $13 at UBS
UBS lowered the firm’s price target on Tencent Music (TME) to $9.50 from $13 and keeps a Neutral rating on the shares. The Q2 revenue and earnings beat was largely…
Tencent Music price target lowered to $15 from $18 at Mizuho
Mizuho lowered the firm’s price target on Tencent Music (TME) to $15 from $18 and keeps an Outperform rating on the shares following the earnings report. The company’s trends look…
Why Tencent Music Stock Sank This Week
Tencent Music's Q2 sales and earnings surpassed the average Wall Street analyst targets. Overall business momentum looked solid, but performance in some categories slipped.
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. Gross margin was 44.2%, with strong IP-driven growth in live events and merchandise. Ongoing investments in content, AI, and SVIP membership, plus share buybacks, 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 Slides: Q2 2026
Tencent Music Entertainment Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 11, 2026.
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...
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...