Tencent Music Entertainment Group (TME)
| Market Cap | 45.29B |
| Revenue (ttm) | 3.63B |
| Net Income (ttm) | 568.86M |
| Shares Out | 1.68B |
| EPS (ttm) | 0.32 |
| PE Ratio | 83.33 |
| Forward PE | 36.90 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 26 |
| Last Price | $27.00 |
| Previous Close | $27.21 |
| Change ($) | -0.21 |
| Change (%) | -0.77% |
| Day's Open | 27.09 |
| Day's Range | 26.73 - 27.19 |
| Day's Volume | 10,077,661 |
| 52-Week Range | 9.45 - 27.21 |
SHENZHEN, China, Jan. 26, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
Two analysts just significantly boosted their price targets for this tech stock.
SHENZHEN, China, Jan. 15, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE:TME), the leading innovative online music entertainment platfo...
SHENZHEN, China, Dec. 20, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (Tencent Music or TME, NYSE: TME), the leading online music entertainment platform in China, has partnered with...
SHENZHEN, China, Dec. 18, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading innovative online music entertainment platf...
If you like your stocks with low price points, try this tech health disruptor, outlet mall operator, and Chinese streaming giant on for size.
Stocks Keep Hitting Highs; Freshpet, Floor & Decor, Tencent Music Break Out
Stocks keep hitting highs; Freshpet, Floor & Decor, Tencent Music break out. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, invest...
Wave, the virtual concert platform that's already produced events for John Legend and The Weeknd, has inked a deal to bring its virtual concerts to China through a partnership with Tencent Mus...
Tencent Music Entertainment Group acquired an undisclosed minority stake in LA-based Wave and the two have inked a strategic partnership to catapult the interactive virtual entertainment compa...
Tencent Music Entertainment Group (TME) has invested in virtual concert company Wave to explore the potential of online music.
SHENZHEN, China, Nov. 19, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Nov. 18, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
The shares of China-based media name Tencent Music Entertainment Group (NYSE:TME) are down 1.7% at $14.70 this morning, reversing course from their premarket gains following a 16.4% rise in re...
Tencent Music Entertainment Group (TME) CEO Cussion Pang on Q3 2020 Results - Earnings Call Transcript
SHENZHEN, China, Nov. 10, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Nov. 3, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (Tencent Music or TME, NYSE: TME), the leading online music entertainment platform in China, and peermusic today...
SHENZHEN, China, Nov. 2, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (Tencent Music or TME, NYSE: TME), the leading online music entertainment platform in China, and Merlin, the glo...
SHENZHEN, China, Oct. 26, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Oct. 13, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Sept. 30, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in Chi...
SHENZHEN, China, Sept. 4, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Aug. 28, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Aug. 27, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Aug. 24, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, Aug. 16, 2020 /PRNewswire/ -- Tencent Music Entertainment (TME) (NYSE: TME) announced that it has established a strategic partnership with Thailand's largest international rec...
SHENZHEN, China, Aug. 14, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (TME) (NYSE: TME) announced an exclusive partnership with Cooking Vinyl, a European pioneer independent record ...
SHENZHEN, China, Aug. 13, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (TME) (NYSE: TME) and Kobalt Music Group announced they have officially reached a strategic cooperation to lice...
China’s top music streaming company still hasn’t won over the bulls.
Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a ne...
Tencent Music Entertainment Group (TME) CEO Cussion Pang on Q2 2020 Results - Earnings Call Transcript
China’s Tencent Music Entertainment Group (TME.N) beat Wall Street estimates for quarterly revenue on Monday, as the company’s music streaming service added more paying users during coronaviru...
SHENZHEN, China, Aug. 10, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN and LONDON, Aug. 10, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (Tencent Music or TME, NYSE: TME), the leading online music entertainment platform in China and Universal M...
The company received analyst upgrades and inked a big new partnership with a popular Japanese film studio.
SHENZHEN, China, July 24, 2020 /PRNewswire/ -- Tencent Music Entertainment Group (TME) (NYSE: TME), the leading online music entertainment platform in China, today celebrates three years of ac...
SHENZHEN, China, July 13, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in Chin...
SHENZHEN, China, July 8, 2020 /PRNewswire/ -- Today, Tencent Music Entertainment (TME) (NYSE:TME) announced it will be the exclusive strategic partner in China of Global Goal: Unite for Our Fu...
SHENZHEN, China, July 1, 2020 /PRNewswire/ --Tencent Music Entertainment Group (TME) (NYSE:TME) has established a strategic partnership with CoMix Wave Films Inc. (CWF), a leading Japanese ani...
Tencent Music (TME) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on th...
Tencent Music Entertainment Group said Friday it now owns a 5.2% stake in newly public Warner Music Group. , In a SEC filing, the C...
China's Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Warner Music Group Corp , about a week after the world's third-largest recording label's debut on the Nasdaq.
Shares are up roughly 4% year to date, but they still trade down roughly 6% from their December IPO.
Josh Brown: Foreign companies listed on US exchanges have to play ball by our rules
Josh Brown, Ritholtz Wealth Management CEO, joins "Closing Bell" to discuss news on the Senate passing a bill on oversight of Chinese companies.
Fewer people are buying virtual gifts for live streamers as the pandemic throttles discretionary spending.
Tencent Music Entertainment Group (TME) CEO Cussion Pang on Q1 2020 Results - Earnings Call Transcript
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending ...
Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy jump...
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 Live and Kuwo Live that provi... [Read more...]
| Industry Internet Content & Information | IPO Date Dec 12, 2018 |
| CEO Cussion Kar Shun Pang | Employees 3,610 |
| Stock Exchange NYSE | Ticker Symbol TME |
Financial Performance
In 2019, TME's revenue was 25.43 billion, an increase of 33.97% compared to the previous year's 18.99 billion. Earnings were 3.98 billion, an increase of 117.24%.
Analyst Forecasts
According to 22 analysts, the average rating for TME stock is "Buy." The 12-month stock price forecast is 21.96, which is a decrease of -18.67% from the latest price.