Tencent Music Entertainment Group TME
Set alert
At close · Nov 2
After hours · Nov 2, 7:40 PM ET
- YTD
- -49.17%
- 1 year
- -60.08%
- Open
- 8.60
- Prev close
- 8.41
- Mkt cap
- 14.52B
- Vol
- 9.79M
- Avg vol
- 8.07M
- EPS
- 0.87
- P/E
- 10.24
- Div yield
- 2.85%
More statistics
- Low
- 8.56
- High
- 8.97
- 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
3M chart
Events in this range
- 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 (13)
| Name | Date | Ago |
|---|---|---|
| MACD: Buy Signal | Nov 2, 2026 | 14 hours ago |
| MACD: Sell Signal | Oct 29, 2026 | 4 days ago |
| SMA: Bullish | Oct 9, 2026 | 3 weeks ago |
| MACD: Buy Signal | Oct 6, 2026 | 3 weeks ago |
| MACD: Sell Signal | Oct 2, 2026 | 1 month ago |
| SMA: Bearish | Sep 29, 2026 | 1 month ago |
| SMA: Bullish | Sep 25, 2026 | 1 month ago |
| MACD: Buy Signal | Sep 21, 2026 | 1 month ago |
| SMA: Bearish | Aug 20, 2026 | 2 months ago |
| SMA: Bullish | Aug 19, 2026 | 2 months ago |
| SMA: Bearish | Aug 11, 2026 | 2 months ago |
| SMA: Bearish | Aug 11, 2026 | 2 months ago |
| MACD: Sell Signal | Aug 11, 2026 | 2 months ago |
Key statistics
- Market cap
- 14.52B
- Enterprise value
- 2.91B
- Trailing P/E
- 10.87
- Forward P/E
- 8.82
- PEG ratio
- 0.86
- Price / sales
- 0.43
- Price / book
- 1.25
- EPS (TTM)
- 0.82
- Beta
- 0.72
- Dividend yield
- 2.85%
- 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
- 8.27
- 200-day average
- 10.25
Analyst view
Consensus: buy
- Target (low)
- 9.13
- Target (mean)
- 12.72
- Target (high)
- 24.09
- Strong buy3
- Buy15
- Hold11
- Sell0
- Strong sell0
Next earnings
Nov 17, 2026
Expected Nov 17, 2026. Consensus EPS estimate 1.50.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 17, 2026 | Sep 30, 2026 | 0.22 | — | — | — |
| Aug 11, 2026 | Jun 30, 2026 | 0.24 | 0.25 | +0.01 | +4.17% |
| May 12, 2026 | Mar 31, 2026 | 0.21 | 0.21 | 0.00 | 0.00% |
| Mar 17, 2026 | Dec 31, 2025 | 0.23 | 0.1744 | -0.06 | -24.17% |
| Nov 12, 2025 | Sep 30, 2025 | 0.21 | 0.22 | +0.01 | +4.76% |
| Aug 12, 2025 | Jun 30, 2025 | 0.20 | 0.23 | +0.03 | +15.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 12, 2026 | China Renaissance | down | Buy | Hold |
| Aug 12, 2026 | Mizuho | main | Outperform | Outperform |
| May 14, 2026 | JP Morgan | main | Neutral | Neutral |
| May 13, 2026 | Mizuho | main | Outperform | Outperform |
| Mar 19, 2026 | Barclays | main | Overweight | Overweight |
| Mar 18, 2026 | UBS | down | Buy | Neutral |
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
- Website
- tencentmusic.com
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CHUN PAN TSAI | Officer | Conversion of Exercise of derivative security | Sep 28, 2026 | 4,236,710 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Schroder Investment Management Group | 6.15% | 45,630,307 | 406.57M | Jun 29, 2026 |
| Blackrock Inc. | 4.42% | 32,782,645 | 292.09M | Jun 29, 2026 |
| Invesco Ltd. | 3.95% | 29,279,641 | 260.88M | Jun 29, 2026 |
| Krane Funds Advisors LLC | 3.04% | 22,543,908 | 200.87M | Jun 29, 2026 |
| Overlook Investments LP | 2.56% | 19,007,171 | 169.35M | Jun 29, 2026 |
| ARGA Investment Management, LP | 2.42% | 17,918,781 | 159.66M | Sep 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Krane Shares Trust-KraneShares CSI China Internet ETF | 2.69% | 19,929,714 | 177.57M | Jun 29, 2026 |
| VANGUARD WORLD FUND-Vanguard International Growth Fund | 1.81% | 13,399,931 | 119.39M | Aug 30, 2026 |
| HARTFORD MUTUAL Fd.S II INC-Hartford Schroders Intl Stock Fd. | 1.26% | 9,328,631 | 83.12M | Jul 30, 2026 |
| AIM Investment Fd.s -Invesco Developing Markets Fd. | 1.17% | 8,662,751 | 77.19M | Jul 30, 2026 |
| VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund | 1.00% | 7,394,294 | 65.88M | Jul 30, 2026 |
| VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd | 0.96% | 7,123,759 | 63.47M | Jul 30, 2026 |