Tencent Music Entertainment Group (TME)
Market Cap | 14.04B |
Revenue (ttm) | 4.07B |
Net Income (ttm) | 527.55M |
Shares Out | 1.70B |
EPS (ttm) | 0.33 |
PE Ratio | 24.23 |
Forward PE | 18.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 6,613,932 |
Open | 8.36 |
Previous Close | 8.48 |
Day's Range | 8.21 - 8.55 |
52-Week Range | 3.14 - 9.29 |
Beta | 0.79 |
Analysts | Buy |
Price Target | 9.26 (+11.84%) |
Earnings Date | May 15, 2023 |
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 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 Mu... [Read more]
Financial Performance
In 2022, TME's revenue was 28.34 billion, a decrease of -9.30% compared to the previous year's 31.24 billion. Earnings were 3.68 billion, an increase of 21.39%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for TME stock is "Buy." The 12-month stock price forecast is $9.26, which is an increase of 11.84% from the latest price.
News

Tencent Music Entertainment Group Sponsored ADR (TME) Recently Broke Out Above the 20-Day Moving Average
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

TME vs. RELX: Which Stock Is the Better Value Option?
TME vs. RELX: Which Stock Is the Better Value Option?

China's Tencent Music beats quarterly revenue estimates
Tencent Music Entertainment Group beat quarterly revenue estimates on Tuesday, helped by continued growth in paying users and a recovery in advertising.

Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2022 Unaudited Financial Results
SHENZHEN, China , March 21, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Ch...

TME or RELX: Which Is the Better Value Stock Right Now?
TME vs. RELX: Which Stock Is the Better Value Option?

Tencent Music Entertainment Group to Report Fourth Quarter and Full Year 2022 Financial Results on March 21, 2023 Eastern Time
SHENZHEN, China , Feb. 20, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

TME vs. SSTK: Which Stock Should Value Investors Buy Now?
TME vs. SSTK: Which Stock Is the Better Value Option?
Chinese companies announce competitors to ChatGPT
CNBC's Eunice Yoon joins 'Power Lunch' to report on Chinese efforts to ramp up artificial intelligence technology.

New Strong Buy Stocks for February 9th
DB, SLF, TME, EPC and IFS have been added to the Zacks Rank #1 (Strong Buy) List on February 9, 2022.

Tencent Music Entertainment Group Introduces TME UNI Chart on Billboard to Promote Chinese Music in Global Markets
SHENZHEN, China , Feb. 8, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chin...

New Strong Buy Stocks for February 7th
DLAKY, UBS, SNY, EVR and TME have been added to the Zacks Rank #1 (Strong Buy) List on February 7, 2022.

TME or SSTK: Which Is the Better Value Stock Right Now?
TME vs. SSTK: Which Stock Is the Better Value Option?

Tencent Music Entertainment Group Sponsored ADR (TME) Crossed Above the 20-Day Moving Average: What That Means for Investors
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
CNBC's fireside chat with Tencent's chief exploration officer
In his unique role as chief exploration officer, David Wallerstein, searches the globe for innovations that could change the world. He joins CNBC to discuss the latest innovations surrounding smart ca...

Best Momentum Stocks to Buy for January 19th
TME, AXAHY and ASR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 19, 2022.

New Strong Buy Stocks for January 19th
TME, MANU, BROS, VZLA and EVBG have been added to the Zacks Rank #1 (Strong Buy) List on January 19, 2022.

Best Value Stocks to Buy for January 19th
MPB, CPB and TME made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 19, 2022.

What Makes Tencent Music Entertainment Group Sponsored ADR (TME) a Strong Momentum Stock: Buy Now?
Does Tencent Music Entertainment Group Sponsored ADR (TME) have what it takes to be a top stock pick for momentum investors? Let's find out.

New Strong Buy Stocks for January 17th
PNNT, MITSY, TME, RYAM and BROS have been added to the Zacks Rank #1 (Strong Buy) List on January 17, 2022.

TME or ABNB: Which Is the Better Value Stock Right Now?
TME vs. ABNB: Which Stock Is the Better Value Option?

New Strong Buy Stocks for January 13th
STNE, DTEGY, BAMXF, TME and FYBR have been added to the Zacks Rank #1 (Strong Buy) List on January 13 , 2023.

Why Tencent Music Entertainment (TME) Shares Hit A New 52-Week High Today
Tencent Music Entertainment Group - ADR TME shares are trading higher by some 5.99% to $9.12 Wednesday afternoon. Shares of Chinese companies at large are trading higher after Chinese regulators repor...

Tencent Music Entertainment Group Announces Poll Results of the 2022 Annual General Meeting and Class Meetings
SHENZHEN, China , Dec. 30, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

What's Going On With Tencent Music Entertainment Shares - Tencent Music Enter Gr (NYSE:TME)
Tencent Music Entertainment Group - ADR TME shares are trading lower by 5.19% to $8.03 during Wednesday's session. Shares of several Chinese companies are trading lower amid concerns over increased CO...

TME vs. ABNB: Which Stock Is the Better Value Option?
TME vs. ABNB: Which Stock Is the Better Value Option?