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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

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 (115)
NameDateAgo
SMA: BullishOct 12, 20262 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, 20263 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
MACD: Buy SignalJan 27, 20251 year ago
SMA: BullishJan 20, 20251 year ago
SMA: BearishDec 30, 20241 year ago
MACD: Sell SignalDec 30, 20241 year ago
SMA: BullishDec 2, 20241 year ago
MACD: Buy SignalDec 2, 20241 year ago
SMA: BearishOct 28, 20242 years ago
SMA: BearishOct 14, 20242 years ago
SMA: BullishSep 30, 20242 years ago
SMA: BullishSep 23, 20242 years ago
SMA: BearishAug 12, 20242 years ago
SMA: BearishJul 15, 20242 years ago
MACD: Sell SignalJul 15, 20242 years ago
RSI: OverboughtJul 8, 20242 years ago
SMA: BullishJul 1, 20242 years ago
SMA: BearishJun 24, 20242 years ago
RSI: OverboughtJun 10, 20242 years ago
RSI: OverboughtMar 18, 20242 years ago
RSI: OverboughtMar 4, 20242 years ago
SMA: BullishJan 22, 20242 years ago
SMA: BearishJan 15, 20242 years ago
SMA: BullishOct 23, 20233 years ago
MACD: Buy SignalOct 23, 20233 years ago
SMA: BullishOct 9, 20233 years ago
SMA: BearishSep 4, 20233 years ago
SMA: BullishAug 28, 20233 years ago
SMA: BearishJul 17, 20233 years ago
SMA: BullishJul 10, 20233 years ago
SMA: BearishJun 19, 20233 years ago
SMA: BearishJun 19, 20233 years ago
SMA: BullishJun 5, 20233 years ago
SMA: BullishJun 5, 20233 years ago
SMA: BearishMay 22, 20233 years ago
SMA: BearishMay 22, 20233 years ago
SMA: BullishMay 15, 20233 years ago
SMA: BearishApr 3, 20233 years ago
SMA: BullishMar 27, 20233 years ago
MACD: Sell SignalFeb 27, 20233 years ago
SMA: BearishFeb 6, 20233 years ago
RSI: OverboughtJan 23, 20233 years ago
RSI: OverboughtNov 28, 20223 years ago
SMA: BullishNov 7, 20223 years ago
SMA: BullishNov 7, 20223 years ago
MACD: Buy SignalNov 7, 20223 years ago
MACD: Sell SignalOct 24, 20224 years ago
SMA: BearishSep 19, 20224 years ago
SMA: BearishSep 19, 20224 years ago
SMA: BullishAug 22, 20224 years ago
SMA: BullishAug 22, 20224 years ago
SMA: BearishJul 11, 20224 years ago
SMA: BearishJul 4, 20224 years ago
SMA: BullishJun 27, 20224 years ago
SMA: BullishJun 6, 20224 years ago
RSI: OversoldMar 7, 20224 years ago
SMA: BearishJan 17, 20224 years ago
SMA: BullishJan 10, 20224 years ago
SMA: BearishNov 15, 20214 years ago
SMA: BullishNov 8, 20214 years ago
SMA: BearishOct 25, 20215 years ago
SMA: BullishOct 18, 20215 years ago
MACD: Buy SignalOct 18, 20215 years ago
RSI: OversoldSep 6, 20215 years ago
RSI: OversoldJul 19, 20215 years ago
SMA: BearishApr 5, 20215 years ago
SMA: BearishMar 22, 20215 years ago
MACD: Sell SignalMar 22, 20215 years ago
RSI: OverboughtDec 7, 20205 years ago
MACD: Buy SignalNov 16, 20205 years ago
SMA: BullishNov 2, 20206 years ago
SMA: BearishSep 21, 20206 years ago
MACD: Sell SignalSep 21, 20206 years ago
SMA: BullishAug 24, 20206 years ago
SMA: BearishAug 10, 20206 years ago
RSI: OverboughtJul 6, 20206 years ago
SMA: BullishMay 25, 20206 years ago
MACD: Buy SignalMay 11, 20206 years ago
SMA: BullishMay 4, 20206 years ago
RSI: OversoldMar 23, 20206 years ago
MACD: Sell SignalMar 9, 20206 years ago
SMA: BearishFeb 17, 20206 years ago
SMA: BearishFeb 10, 20206 years ago
SMA: BullishFeb 3, 20206 years ago
SMA: BearishJan 20, 20206 years ago
SMA: BullishJan 13, 20206 years ago
SMA: BullishJan 6, 20206 years ago
MACD: Buy SignalJan 6, 20206 years ago
MACD: Sell SignalNov 18, 20196 years ago
SMA: BearishNov 11, 20196 years ago
MACD: Buy SignalOct 28, 20197 years ago
SMA: BearishJul 29, 20197 years ago
SMA: BullishJul 22, 20197 years ago
SMA: BearishJul 15, 20197 years ago
SMA: BearishJul 15, 20197 years ago
SMA: BullishJul 8, 20197 years ago
SMA: BullishJun 24, 20197 years ago
SMA: BearishApr 22, 20197 years 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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