Tencent Music Entertainment Group (TME)

Market Cap	28.08B
Revenue (ttm)	3.99B
Net Income (ttm)	1.31B
Shares Out	1.58B
EPS (ttm)	0.84
PE Ratio	20.73
Forward PE	20.41
Dividend	$0.18 (1.01%)
Ex-Dividend Date	Apr 3, 2025

Volume	1,793,416
Open	17.47
Previous Close	17.38
Day's Range	17.43 - 17.94
52-Week Range	9.41 - 18.06
Beta	0.50
Analysts	Strong Buy
Price Target	15.00 (-15.47%)
Earnings Date	May 13, 2025

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 offers 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 library...

• 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 a decrease of -15.47% from the latest price.

Price Target

$15.0

(-15.47% downside)

Analyst Consensus: Strong Buy