Tencent Music Entertainment Group (TME)
| Market Cap | 25.74B |
| Revenue (ttm) | 4.46B |
| Net Income (ttm) | 635.32M |
| Shares Out | 1.69B |
| EPS (ttm) | 0.38 |
| PE Ratio | 39.61 |
| Forward PE | 32.57 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 14 |
| Last Price | $15.21 |
| Previous Close | $14.57 |
| Change ($) | 0.64 |
| Change (%) | 4.39% |
| Day's Open | 14.99 |
| Day's Range | 14.68 - 15.27 |
| Day's Volume | 17,762,479 |
| 52-Week Range | 11.68 - 32.25 |
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
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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...
Business is booming -- but the stock price already reflects that.
Tencent Music Entertainment Group (NYSE:TME) and Warner Music Group Corp (NASDAQ:WMG) have agreed to establish a new joint venture record label in China, the two companies said as they also announced an...
The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. Tencent Music Entertainment announced Tuesday that it has for...
Shares of Tencent Music Enter Gr (NYSE:TME) moved higher by 1.9% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 8.33% over the past year to $0.1...
China's Tencent Music Entertainment Group posted a 14.3% rise in quarterly revenue on Monday, as the music streaming platform benefited from adding more paying users and a rebound in ad sales.
SHENZHEN, China, March 22, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today ...
SHENZHEN, China, March 22, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, and Wa...
Strong earnings from Williams-Sonoma could be good news for RH stock. The top retailer is set to report earnings, along with Adobe and Tencent Music.
The tech giant's dreams of becoming the "Spotify of China" are over.
NEW YORK--(BUSINESS WIRE)-- #TencentMusicEntertainment--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Tencent Music Entertai...
Nasdaq Recovers But Still Faces Key Test; Airbnb, Tencent Music, Medpace Set Up
Nasdaq recovers but still faces key test; Airbnb, Tencent Music, Medpace set up. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing da...
SHENZHEN, China, Feb. 22, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today a...
Tencent Music Entertainment Group Invests in Audio Entertainment Ecosystem to Drive Long-term Growth
SHENZHEN, China, Feb. 8, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, has made...
Investors gained confidence in the Chinese music streamer's business last month.
SHENZHEN, China, Jan. 29, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE:TME), the leading innovative online music entertainment platform in Chin...
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 China, held th...
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 platform in Chin...
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 27.38, which is an increase of 80.01% from the latest price.