Tencent Music Entertainment Group (TME)
| Market Cap | 18.34B |
| Revenue (ttm) | 4.46B |
| Net Income (ttm) | 635.32M |
| Shares Out | 1.69B |
| EPS (ttm) | 0.39 |
| PE Ratio | 27.93 |
| Forward PE | 29.67 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 23 |
| Last Price | $10.78 |
| Previous Close | $11.58 |
| Change ($) | -0.80 |
| Change (%) | -6.91% |
| Day's Open | 11.00 |
| Day's Range | 10.53 - 11.08 |
| Day's Volume | 20,987,469 |
| 52-Week Range | 10.53 - 32.25 |
SHENZHEN, China, July 20, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in Chin...
NEW YORK, July 18, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Tencent Music Entertainment Group ("Tencent" or the "Company") (NYSE: TME). Such investors are ad...
Tencent Music Entertainment Group (NYSE:TME) shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered its price target from $23 to $14. The stock ma...
NEW YORK, July 13, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Tencent Music Entertainment Group ("Tencent" or the "Company") (NYSE: TME). Such investors are ad...
Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower by 4.2% at $12.35 on reports Chinese antitrust authorities will order the company to give up its music label exclusivity. Tenc...
Chinese companies walk 'fine line' between shareholder and national interest: Yale's Sacks
CNBC's "Squawk Box" team discusses China's crackdown with Samm Sacks, senior fellow at Yale Law School's Paul Tsai China Center.
China's antitrust regulator is poised to order the music streaming arm of Tencent Holdings Ltd to give up exclusive rights to music labels, two people with direct knowledge of the matter said on Monday.
Short Hills Capital's Weiss on why he doesn't own Chinese stocks anymore
Steve Weiss, Short Hills Capital founder and managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks.
SHENZHEN, China, June 10, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in Chin...
Tencent Music Entertainment Group ( TME , Financial) is China's most popular online music entertainment company. The company has over 800 million active users and 60 million paying subscribers through f...
Tencent Music's (TME) first-quarter 2021 results benefit from expanded paid music subscriber base and increase in revenues from online music and social entertainment services.
Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower by 2.1% at $14.98 in Monday's after-hours session after the company reported worse-than-expected first-quarter EPS and sales r...
China's Tencent Music Entertainment Group posted a 24% rise in quarterly revenue on Monday, driven by higher advertising sales from its music streaming platform.
SHENZHEN, China, May 17, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China...
SHENZHEN, China, May 17, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China...
Some of the stocks that may grab investor focus today are: AT&T Inc. (NYSE: T) is in talks to merge its media assets with Discovery Communications Inc (NASDAQ: DISCA), Bloomberg reported. AT&T shares ro...
George Soros reportedly snapped up stocks that took a hit amid the collapse of Archegos Capital Management in March. What Happened: Billionaire George Soros' investment firm Soros Fund Management bought...
Billionaire George Soros' investment firm, Soros Fund Management bought shares of ViacomCBS Inc, Discovery Inc and Baidu Inc as they were being sold off during the meltdown of Bill Hwang's Archegos Capi...
The number of March quarter earnings reports we expect to see this week is right around 300.
On Monday, May 17, Tencent Music (NYSE:TME) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Tencent Music's (TME) first-quarter 2021 results are likely to benefit from an expanded music library and growth in paying subscriber base.
Tencent Music Entertainment Group Sponsored ADR (TME) closed at $15.18 in the latest trading session, marking a -0.33% move from the prior day.
After the Archegos-driven sell-off in March, Tencent Music had more bad news in April
Tencent Music Entertainment Group Sponsored ADR (TME) closed at $18.97 in the latest trading session, marking a +1.93% move from the prior day.
SHENZHEN, China, April 23, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in Chi...
SHENZHEN, China, April 23, 2021 /PRNewswire/ --Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in Chin...
Chinese online music entertainment platform Tencent Music Entertainment Group (NYSE: TME) appointed CEO Cussion Kar Shun Pang as the board Chairman. Tencent Holdings Ltd (OTC: TCEHY) VP Zhu Liang (or R...
SHENZHEN, China, April 14, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today ...
A lot of growth stocks are hitting new highs, but these three speedsters are trading 32% to 48% below their recent peaks.
SHENZHEN, China, April 9, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE:TME), the leading online music entertainment platform in China, today an...
SHENZHEN, China, April 2, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today l...
The battered shares of many of the companies linked with Archegos Capital's massive margin call bounced back on Tuesday, as investors bet the bulk of the selloff was done and took advantage of discounte...
Discovery, Inc. (NASDAQ: DISCA) stock plummeted over 55% between March 22 and 26 before rebounding slightly. The selloff has been attributed to a report that a number of major investment banks forced hu...
The shares of China-based Tencent Music Entertainment Group (NYSE:TME) are flat despite earlier staging a brief rebound, last seen at $19.99, after the company announced a $1 billion share buyback plan.
Chinese stocks are on the move Monday morning as additional context from blocks sales last week reveals what all the hubbub is about. The post Chinese Stocks: The Archegos Drama That Has BIDU, GSX, VIPS...
Tencent Music, which is listed on the New York Stock Exchange, lost about a third of its value last week amid a sell-off in Chinese technology stocks.
Tencent Music Entertainment Group (NYSE: TME) said Sunday that it had authorized a $1 billion share repurchase program during a twelve-month period starting Monday. What Happened: The Shenzhen-based com...
China's Tencent Music Entertainment Group announced a $1 billion share repurchase plan, its biggest, late on Sunday, days after the U.S. securities regulator adopted stricter measures for foreign compan...
SHENZHEN, China, March 28, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today ...
Someone's selling shares. A lot of shares, and all at once.
So what did the stock market do today? Investors reacted to fears about delisting Chinese stocks and watched shipping stocks closely.
Chinese stocks are falling hard on Friday on fears of delisting due to the SEC adopting standards set forth by former President Donald Trump. The post Delisting Chinese Stocks?
Stock Market Not Healthy For Active Investors; Applied Materials Pops, Tencent Music Crashes
Stock market not heathy for active investors; Applied Materials pops, Tencent Music crashes. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, ...
WISeKey International Holdings ADR (NASDAQ: WKEY) shares are trading higher after the company announced the launch of WISeArt, a certificate of authenticity — a "non-fungible token" — that will live for...
Tencent Music Entertainment Group just posted a strong performance for Q4 2020 and the fiscal year, and its only going up from here. The post Why China's Leading Music Service Is Hitting New Highs appea...
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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ... [Read more...]
| Industry Internet Content & Information | IPO Date Dec 12, 2018 |
| CEO Cussion Kar Shun Pang | Employees 4,769 |
| Stock Exchange NYSE | Ticker Symbol TME |
Financial Performance
In 2020, TME's revenue was 29.15 billion, an increase of 14.62% compared to the previous year's 25.43 billion. Earnings were 4.16 billion, an increase of 4.34%.
Analyst Forecasts
According to 22 analysts, the average rating for TME stock is "Buy." The 12-month stock price forecast is 22.75, which is an increase of 111.04% from the latest price.