Tencent Music Entertainment Group TME

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Price alert · TME

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8.91 USD 0.00 0.00%

At close

8.97 +0.06 +0.67%

Pre-market · Nov 3, 9:22 AM ET

Bid
8.90 × 22,300
Ask
8.91 × 13,800

Day range unavailable

7.66 52-week range 23.00
YTD
-49.17%
1 year
-61.51%
Open
—
Prev close
8.91
Mkt cap
14.52B
Vol
0
Avg vol
8.13M
EPS
0.82
P/E
10.87
Div yield
2.78%
More statistics
Low
—
High
—
Forward P/E
8.82
Beta
0.72
Short ratio
4.43
Inst. own
60.50%
Dividend
0.24
Ex-div date
Apr 1, 2026
Earnings
Nov 17, 2026
50-d avg
8.27
200-d avg
10.25
1y target
12.72

MAX chart

Chart tools
Interval

Events in this range
  • May 31, 2024Dividend: 0.137
  • Apr 3, 2025Dividend: 0.18
  • Aug 12, 2025Earnings: 0.23; estimate 0.2; surprise 15%
  • Nov 12, 2025Earnings: 0.22; estimate 0.21; surprise 4.76%
  • Mar 17, 2026Earnings: 0.1744; estimate 0.23; surprise -24.17%
  • Mar 18, 2026Downgrade: UBS · Buy → Neutral
  • Mar 19, 2026Rating: Barclays · Overweight → Overweight
  • Mar 31, 2026Dividend: 0.24
  • Apr 2, 2026Dividend: 0.24
  • May 12, 2026Earnings: 0.21; estimate 0.21; surprise 0%
  • May 13, 2026Rating: Mizuho · Outperform → Outperform
  • May 14, 2026Rating: JP Morgan · Neutral → Neutral
  • Aug 11, 2026Earnings: 0.25; estimate 0.24; surprise 4.17%
  • Aug 12, 2026Rating: Mizuho · Outperform → Outperform
  • Aug 12, 2026Downgrade: China Renaissance · Buy → Hold
Signals (116)
NameDateAgo
SMA: BullishNov 2, 20261 day ago
SMA: BullishOct 12, 20263 weeks ago
RSI: OversoldSep 7, 20261 month ago
SMA: BearishAug 10, 20262 months ago
SMA: BullishJul 27, 20263 months ago
SMA: BearishJul 20, 20263 months ago
SMA: BullishJul 6, 20264 months ago
SMA: BearishJun 15, 20264 months ago
SMA: BullishJun 8, 20264 months ago
MACD: Buy SignalJun 1, 20265 months ago
RSI: OversoldFeb 16, 20268 months ago
SMA: BearishNov 10, 202511 months ago
MACD: Sell SignalSep 29, 20251 year ago
SMA: BearishSep 22, 20251 year ago
RSI: OverboughtJun 23, 20251 year ago
SMA: BullishApr 21, 20251 year ago
MACD: Buy SignalApr 21, 20251 year ago
MACD: Sell SignalApr 14, 20251 year ago
SMA: BearishMar 31, 20251 year ago
SMA: BullishJan 27, 20251 year ago

Newest 20 of 116.

Analyst view

Consensus: buy

Buy
Price target (mean) 12.72 +42.7% upside
Target (low)
9.13
Target (mean)
12.72
Target (high)
24.09
Ratings (0m) 29 18 buy · 11 hold · 0 sell
  • Strong buy3
  • Buy15
  • Hold11
  • Sell0
  • Strong sell0

Recommendation trend

  • This month 29
  • 1 month ago 29
  • 2 months ago 29

Earnings and revenue estimates

Consensus for the coming quarters and fiscal years

TME analyst estimates
PeriodEPS estimateLow – highYear agoEPS growthRevenue estimateRevenue growthAnalysts
Current quarter1.501.46 – 1.621.54-2.3%9.14B+8.0%10
Next quarter1.571.55 – 1.591.60-1.9%9.32B+7.8%7
Current year6.256.18 – 6.466.17+1.4%35.36B+7.5%20
Next year6.756.44 – 7.126.25+7.9%38.17B+8.0%21

Upgrades and downgrades

The latest rating changes

TME analyst upgrades and downgrades
DateFirmActionFromTo
Aug 12, 2026China RenaissanceDowngradeBuyHold
Aug 12, 2026MizuhoMaintainedOutperformOutperform
May 14, 2026JP MorganMaintainedNeutralNeutral
May 13, 2026MizuhoMaintainedOutperformOutperform
Mar 19, 2026BarclaysMaintainedOverweightOverweight
Mar 18, 2026UBSDowngradeBuyNeutral
Mar 18, 2026JP MorganDowngradeOverweightNeutral
Mar 18, 2026MizuhoMaintainedOutperformOutperform
Mar 18, 2026BenchmarkDowngradeBuyHold
Mar 5, 2026MacquarieDowngradeOutperformNeutral
Dec 22, 2025Morgan StanleyMaintainedOverweightOverweight
Nov 13, 2025BenchmarkMaintainedBuyBuy
Nov 12, 2025BarclaysMaintainedOverweightOverweight
Aug 13, 2025BenchmarkMaintainedBuyBuy
Aug 12, 2025CitigroupMaintainedBuyBuy
Aug 12, 2025BarclaysMaintainedOverweightOverweight
Mar 19, 2025MizuhoMaintainedOutperformOutperform
Jan 21, 2025Morgan StanleyUpgradeEqual-WeightOverweight
Nov 6, 2024BarclaysInitiated—Overweight
Nov 4, 2024BernsteinInitiated—Outperform
Sep 25, 2024Morgan StanleyDowngradeOverweightEqual-Weight
Aug 14, 2024BenchmarkMaintainedBuyBuy
Aug 14, 2024MizuhoMaintainedOutperformOutperform
Aug 14, 2024B of A SecuritiesMaintainedBuyBuy
May 14, 2024BenchmarkMaintainedBuyBuy
May 14, 2024MizuhoMaintainedBuyBuy
May 10, 2024MizuhoMaintainedBuyBuy
Mar 20, 2024Morgan StanleyMaintainedOverweightOverweight
Mar 20, 2024Goldman SachsUpgradeNeutralBuy
Mar 20, 2024BenchmarkMaintainedBuyBuy