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Tencent Music Entertainment Group TME

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Price alert · TME

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8.41 USD +0.04 +0.48%

At close · Oct 30

8.38 -0.03 -0.36%

After hours · Oct 30, 6:26 PM ET

Bid
8.36 × 22,000
Ask
8.42 × 11,300
8.40 Day range 8.57
7.74 52-week range 23.15
YTD
-52.03%
1 year
-62.07%
Open
8.50
Prev close
8.37
Mkt cap
13.71B
Vol
6.27M
Avg vol
8.08M
EPS
0.82
P/E
10.26
Div yield
2.87%
More statistics
Low
8.40
High
8.57
Forward P/E
8.32
Beta
0.75
Short ratio
4.43
Inst. own
60.49%
Dividend
0.24
Ex-div date
Apr 1, 2026
Earnings
Nov 17, 2026
50-d avg
8.28
200-d avg
10.29
1y target
12.70

5D chart

Chart tools
Interval

Signals (70)
NameTimeAgo
RSI: OverboughtOct 29, 3:55 PM2 days ago
MACD: Buy SignalOct 29, 2:55 PM2 days ago
MACD: Sell SignalOct 29, 2:50 PM2 days ago
MACD: Buy SignalOct 29, 2:45 PM2 days ago
MACD: Sell SignalOct 29, 1:45 PM2 days ago
MACD: Buy SignalOct 29, 1:15 PM2 days ago
MACD: Sell SignalOct 29, 11:50 AM2 days ago
SMA: BearishOct 29, 11:45 AM2 days ago
MACD: Buy SignalOct 29, 9:50 AM2 days ago
SMA: BullishOct 29, 9:45 AM2 days ago
MACD: Sell SignalOct 29, 9:40 AM2 days ago
SMA: BearishOct 29, 9:30 AM2 days ago
SMA: BearishOct 29, 9:30 AM2 days ago
RSI: OverboughtOct 28, 3:55 PM3 days ago
SMA: BullishOct 28, 3:20 PM3 days ago
SMA: BullishOct 28, 3:20 PM3 days ago
MACD: Buy SignalOct 28, 3:20 PM3 days ago
RSI: OversoldOct 28, 2:55 PM3 days ago
MACD: Sell SignalOct 28, 2:40 PM3 days ago
MACD: Buy SignalOct 28, 2:35 PM3 days ago
MACD: Sell SignalOct 28, 1:15 PM3 days ago
SMA: BullishOct 28, 12:05 PM3 days ago
SMA: BullishOct 28, 11:55 AM3 days ago
RSI: OversoldOct 28, 11:25 AM3 days ago
MACD: Buy SignalOct 28, 11:05 AM3 days ago
RSI: OversoldOct 28, 10:45 AM3 days ago
RSI: OversoldOct 28, 10:15 AM3 days ago
RSI: OversoldOct 28, 9:50 AM3 days ago
SMA: BearishOct 28, 9:30 AM3 days ago
SMA: BearishOct 28, 9:30 AM3 days ago
RSI: OversoldOct 28, 9:30 AM3 days ago
SMA: BullishOct 27, 3:55 PM4 days ago
RSI: OverboughtOct 27, 3:55 PM4 days ago
MACD: Sell SignalOct 27, 3:30 PM4 days ago
RSI: OverboughtOct 27, 2:45 PM4 days ago
RSI: OverboughtOct 27, 2:25 PM4 days ago
SMA: BullishOct 27, 1:20 PM4 days ago
SMA: BullishOct 27, 1:20 PM4 days ago
MACD: Buy SignalOct 27, 1:20 PM4 days ago
MACD: Sell SignalOct 27, 1:00 PM4 days ago
MACD: Buy SignalOct 27, 12:55 PM4 days ago
MACD: Sell SignalOct 27, 12:50 PM4 days ago
SMA: BearishOct 27, 12:45 PM4 days ago
SMA: BearishOct 27, 12:45 PM4 days ago
SMA: BullishOct 27, 12:40 PM4 days ago
SMA: BullishOct 27, 12:15 PM4 days ago
MACD: Buy SignalOct 27, 12:15 PM4 days ago
MACD: Sell SignalOct 27, 12:00 PM4 days ago
SMA: BearishOct 27, 11:55 AM4 days ago
MACD: Buy SignalOct 27, 11:35 AM4 days ago
SMA: BullishOct 27, 11:25 AM4 days ago
SMA: BearishOct 27, 9:40 AM4 days ago
MACD: Sell SignalOct 27, 9:40 AM4 days ago
RSI: OverboughtOct 26, 3:55 PM5 days ago
RSI: OverboughtOct 26, 3:30 PM5 days ago
RSI: OversoldOct 26, 1:45 PM5 days ago
MACD: Buy SignalOct 26, 1:40 PM5 days ago
RSI: OversoldOct 26, 12:15 PM5 days ago
MACD: Sell SignalOct 26, 11:15 AM5 days ago
SMA: BullishOct 26, 10:30 AM5 days ago
MACD: Buy SignalOct 26, 10:15 AM5 days ago
SMA: BullishOct 26, 10:05 AM5 days ago
RSI: OversoldOct 23, 3:30 PM1 week ago
MACD: Sell SignalOct 23, 3:15 PM1 week ago
MACD: Buy SignalOct 23, 2:55 PM1 week ago
MACD: Sell SignalOct 23, 2:45 PM1 week ago
MACD: Buy SignalOct 23, 1:40 PM1 week ago
MACD: Sell SignalOct 23, 1:30 PM1 week ago
SMA: BullishOct 23, 11:10 AM1 week ago
SMA: BearishOct 23, 11:00 AM1 week ago

Key statistics

Market cap
13.71B
Enterprise value
2.85B
Trailing P/E
10.26
Forward P/E
8.32
PEG ratio
0.86
Price / sales
0.40
Price / book
1.18
EPS (TTM)
0.82
Beta
0.75
Dividend yield
2.87%
Payout ratio
29.65%
Profit margin
26.28%
Revenue (TTM)
33.93B
Revenue growth
5.80%
Free cash flow
7.14B
Total cash
30.65B
Total debt
16.88B
Return on equity
10.97%
Shares outstanding
797.29M
Short % of float
5.41%
50-day average
8.28
200-day average
10.29

Analyst view

Consensus: buy

Buy
Price target (mean) 12.70 +51.1% upside
Target (low)
9.12
Target (mean)
12.70
Target (high)
24.07
Ratings (0m) 29 18 buy · 11 hold · 0 sell
  • Strong buy3
  • Buy15
  • Hold11
  • Sell0
  • Strong sell0

Next earnings

Nov 17, 2026

Expected Nov 17, 2026. Consensus EPS estimate 1.50.

Earnings history

Financials — quick view

All financials
TME Revenue — quarterly 8.93B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TME Net income — quarterly 2.47B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TME EPS — quarterly 1.58
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

TME recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 17, 2026Sep 30, 20260.22———
Aug 11, 2026Jun 30, 20260.240.25+0.01+4.17%
May 12, 2026Mar 31, 20260.210.210.000.00%
Mar 17, 2026Dec 31, 20250.230.1744-0.06-24.17%
Nov 12, 2025Sep 30, 20250.210.22+0.01+4.76%
Aug 12, 2025Jun 30, 20250.200.23+0.03+15.00%

Upgrades / downgrades

TME analyst upgrades and downgrades
DateFirmActionFromTo
Aug 12, 2026China RenaissancedownBuyHold
Aug 12, 2026MizuhomainOutperformOutperform
May 14, 2026JP MorganmainNeutralNeutral
May 13, 2026MizuhomainOutperformOutperform
Mar 19, 2026BarclaysmainOverweightOverweight
Mar 18, 2026UBSdownBuyNeutral

About Tencent Music Entertainment Group

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 provides 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 of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Sector
Communication Services
Industry
Internet Content & Information
Country
China

News

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Insider holders

TME insider holders
InsiderRelationLatest transactionDateShares held
CHUN PAN TSAIOfficerConversion of Exercise of derivative securitySep 28, 20264,236,710

Institution ownership

TME institution ownership
Holder% heldSharesValueReported
Schroder Investment Management Group6.15%45,630,307383.75MJun 29, 2026
Blackrock Inc.4.42%32,782,645275.70MJun 29, 2026
Invesco Ltd.3.95%29,279,641246.24MJun 29, 2026
Krane Funds Advisors LLC3.04%22,543,908189.59MJun 29, 2026
Overlook Investments LP2.56%19,007,171159.85MJun 29, 2026
ARGA Investment Management, LP2.45%18,186,510152.95MJun 29, 2026

Fund ownership

TME fund ownership
Holder% heldSharesValueReported
Krane Shares Trust-KraneShares CSI China Internet ETF2.69%19,929,714167.61MJun 29, 2026
VANGUARD WORLD FUND-Vanguard International Growth Fund1.83%13,581,646114.22MMay 30, 2026
HARTFORD MUTUAL Fd.S II INC-Hartford Schroders Intl Stock Fd.1.26%9,328,63178.45MJul 30, 2026
AIM Investment Fd.s -Invesco Developing Markets Fd.1.17%8,662,75172.85MJul 30, 2026
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.00%7,394,29462.19MJul 30, 2026
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd0.96%7,123,75959.91MJul 30, 2026
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