Tencent Music Entertainment Group TME
Set alert
At close · Oct 30
After hours · Oct 30, 6:26 PM ET
- 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
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)
| Name | Date | Ago |
|---|---|---|
| SMA: Bullish | Oct 12, 2026 | 2 weeks ago |
| RSI: Oversold | Sep 7, 2026 | 1 month ago |
| SMA: Bearish | Aug 10, 2026 | 2 months ago |
| SMA: Bullish | Jul 27, 2026 | 3 months ago |
| SMA: Bearish | Jul 20, 2026 | 3 months ago |
| SMA: Bullish | Jul 6, 2026 | 3 months ago |
| SMA: Bearish | Jun 15, 2026 | 4 months ago |
| SMA: Bullish | Jun 8, 2026 | 4 months ago |
| MACD: Buy Signal | Jun 1, 2026 | 5 months ago |
| RSI: Oversold | Feb 16, 2026 | 8 months ago |
| SMA: Bearish | Nov 10, 2025 | 11 months ago |
| MACD: Sell Signal | Sep 29, 2025 | 1 year ago |
| SMA: Bearish | Sep 22, 2025 | 1 year ago |
| RSI: Overbought | Jun 23, 2025 | 1 year ago |
| SMA: Bullish | Apr 21, 2025 | 1 year ago |
| MACD: Buy Signal | Apr 21, 2025 | 1 year ago |
| MACD: Sell Signal | Apr 14, 2025 | 1 year ago |
| SMA: Bearish | Mar 31, 2025 | 1 year ago |
| SMA: Bullish | Jan 27, 2025 | 1 year ago |
| MACD: Buy Signal | Jan 27, 2025 | 1 year ago |
| SMA: Bullish | Jan 20, 2025 | 1 year ago |
| SMA: Bearish | Dec 30, 2024 | 1 year ago |
| MACD: Sell Signal | Dec 30, 2024 | 1 year ago |
| SMA: Bullish | Dec 2, 2024 | 1 year ago |
| MACD: Buy Signal | Dec 2, 2024 | 1 year ago |
| SMA: Bearish | Oct 28, 2024 | 2 years ago |
| SMA: Bearish | Oct 14, 2024 | 2 years ago |
| SMA: Bullish | Sep 30, 2024 | 2 years ago |
| SMA: Bullish | Sep 23, 2024 | 2 years ago |
| SMA: Bearish | Aug 12, 2024 | 2 years ago |
| SMA: Bearish | Jul 15, 2024 | 2 years ago |
| MACD: Sell Signal | Jul 15, 2024 | 2 years ago |
| RSI: Overbought | Jul 8, 2024 | 2 years ago |
| SMA: Bullish | Jul 1, 2024 | 2 years ago |
| SMA: Bearish | Jun 24, 2024 | 2 years ago |
| RSI: Overbought | Jun 10, 2024 | 2 years ago |
| RSI: Overbought | Mar 18, 2024 | 2 years ago |
| RSI: Overbought | Mar 4, 2024 | 2 years ago |
| SMA: Bullish | Jan 22, 2024 | 2 years ago |
| SMA: Bearish | Jan 15, 2024 | 2 years ago |
| SMA: Bullish | Oct 23, 2023 | 3 years ago |
| MACD: Buy Signal | Oct 23, 2023 | 3 years ago |
| SMA: Bullish | Oct 9, 2023 | 3 years ago |
| SMA: Bearish | Sep 4, 2023 | 3 years ago |
| SMA: Bullish | Aug 28, 2023 | 3 years ago |
| SMA: Bearish | Jul 17, 2023 | 3 years ago |
| SMA: Bullish | Jul 10, 2023 | 3 years ago |
| SMA: Bearish | Jun 19, 2023 | 3 years ago |
| SMA: Bearish | Jun 19, 2023 | 3 years ago |
| SMA: Bullish | Jun 5, 2023 | 3 years ago |
| SMA: Bullish | Jun 5, 2023 | 3 years ago |
| SMA: Bearish | May 22, 2023 | 3 years ago |
| SMA: Bearish | May 22, 2023 | 3 years ago |
| SMA: Bullish | May 15, 2023 | 3 years ago |
| SMA: Bearish | Apr 3, 2023 | 3 years ago |
| SMA: Bullish | Mar 27, 2023 | 3 years ago |
| MACD: Sell Signal | Feb 27, 2023 | 3 years ago |
| SMA: Bearish | Feb 6, 2023 | 3 years ago |
| RSI: Overbought | Jan 23, 2023 | 3 years ago |
| RSI: Overbought | Nov 28, 2022 | 3 years ago |
| SMA: Bullish | Nov 7, 2022 | 3 years ago |
| SMA: Bullish | Nov 7, 2022 | 3 years ago |
| MACD: Buy Signal | Nov 7, 2022 | 3 years ago |
| MACD: Sell Signal | Oct 24, 2022 | 4 years ago |
| SMA: Bearish | Sep 19, 2022 | 4 years ago |
| SMA: Bearish | Sep 19, 2022 | 4 years ago |
| SMA: Bullish | Aug 22, 2022 | 4 years ago |
| SMA: Bullish | Aug 22, 2022 | 4 years ago |
| SMA: Bearish | Jul 11, 2022 | 4 years ago |
| SMA: Bearish | Jul 4, 2022 | 4 years ago |
| SMA: Bullish | Jun 27, 2022 | 4 years ago |
| SMA: Bullish | Jun 6, 2022 | 4 years ago |
| RSI: Oversold | Mar 7, 2022 | 4 years ago |
| SMA: Bearish | Jan 17, 2022 | 4 years ago |
| SMA: Bullish | Jan 10, 2022 | 4 years ago |
| SMA: Bearish | Nov 15, 2021 | 4 years ago |
| SMA: Bullish | Nov 8, 2021 | 4 years ago |
| SMA: Bearish | Oct 25, 2021 | 5 years ago |
| SMA: Bullish | Oct 18, 2021 | 5 years ago |
| MACD: Buy Signal | Oct 18, 2021 | 5 years ago |
| RSI: Oversold | Sep 6, 2021 | 5 years ago |
| RSI: Oversold | Jul 19, 2021 | 5 years ago |
| SMA: Bearish | Apr 5, 2021 | 5 years ago |
| SMA: Bearish | Mar 22, 2021 | 5 years ago |
| MACD: Sell Signal | Mar 22, 2021 | 5 years ago |
| RSI: Overbought | Dec 7, 2020 | 5 years ago |
| MACD: Buy Signal | Nov 16, 2020 | 5 years ago |
| SMA: Bullish | Nov 2, 2020 | 6 years ago |
| SMA: Bearish | Sep 21, 2020 | 6 years ago |
| MACD: Sell Signal | Sep 21, 2020 | 6 years ago |
| SMA: Bullish | Aug 24, 2020 | 6 years ago |
| SMA: Bearish | Aug 10, 2020 | 6 years ago |
| RSI: Overbought | Jul 6, 2020 | 6 years ago |
| SMA: Bullish | May 25, 2020 | 6 years ago |
| MACD: Buy Signal | May 11, 2020 | 6 years ago |
| SMA: Bullish | May 4, 2020 | 6 years ago |
| RSI: Oversold | Mar 23, 2020 | 6 years ago |
| MACD: Sell Signal | Mar 9, 2020 | 6 years ago |
| SMA: Bearish | Feb 17, 2020 | 6 years ago |
| SMA: Bearish | Feb 10, 2020 | 6 years ago |
| SMA: Bullish | Feb 3, 2020 | 6 years ago |
| SMA: Bearish | Jan 20, 2020 | 6 years ago |
| SMA: Bullish | Jan 13, 2020 | 6 years ago |
| SMA: Bullish | Jan 6, 2020 | 6 years ago |
| MACD: Buy Signal | Jan 6, 2020 | 6 years ago |
| MACD: Sell Signal | Nov 18, 2019 | 6 years ago |
| SMA: Bearish | Nov 11, 2019 | 6 years ago |
| MACD: Buy Signal | Oct 28, 2019 | 7 years ago |
| SMA: Bearish | Jul 29, 2019 | 7 years ago |
| SMA: Bullish | Jul 22, 2019 | 7 years ago |
| SMA: Bearish | Jul 15, 2019 | 7 years ago |
| SMA: Bearish | Jul 15, 2019 | 7 years ago |
| SMA: Bullish | Jul 8, 2019 | 7 years ago |
| SMA: Bullish | Jun 24, 2019 | 7 years ago |
| SMA: Bearish | Apr 22, 2019 | 7 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
- Target (low)
- 9.12
- Target (mean)
- 12.70
- Target (high)
- 24.07
- 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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- China Renaissance Downgrades Tencent Music Enter Gr to Hold, Announces $9.3 Price Target
- Mizuho Maintains Outperform on Tencent Music Enter Gr, Lowers Price Target to $15
- Why Is Tencent Music Stock Sinking Tuesday?
- Tencent Music Enter Gr Q2 Adj. EPS $0.25 Beats $0.23 Estimate, Sales $1.317B Miss $1.350B Estimate
- Top 3 Tech And Telecom Stocks That Could Blast Off This Month
- JP Morgan Maintains Neutral on Tencent Music Enter Gr, Lowers Price Target to $10
- Tencent Music Hits 52-Week Low: Analyst Slashes Growth Outlook During AI Piracy Fears
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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 | 383.75M | Jun 29, 2026 |
| Blackrock Inc. | 4.42% | 32,782,645 | 275.70M | Jun 29, 2026 |
| Invesco Ltd. | 3.95% | 29,279,641 | 246.24M | Jun 29, 2026 |
| Krane Funds Advisors LLC | 3.04% | 22,543,908 | 189.59M | Jun 29, 2026 |
| Overlook Investments LP | 2.56% | 19,007,171 | 159.85M | Jun 29, 2026 |
| ARGA Investment Management, LP | 2.45% | 18,186,510 | 152.95M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Krane Shares Trust-KraneShares CSI China Internet ETF | 2.69% | 19,929,714 | 167.61M | Jun 29, 2026 |
| VANGUARD WORLD FUND-Vanguard International Growth Fund | 1.83% | 13,581,646 | 114.22M | May 30, 2026 |
| HARTFORD MUTUAL Fd.S II INC-Hartford Schroders Intl Stock Fd. | 1.26% | 9,328,631 | 78.45M | Jul 30, 2026 |
| AIM Investment Fd.s -Invesco Developing Markets Fd. | 1.17% | 8,662,751 | 72.85M | Jul 30, 2026 |
| VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund | 1.00% | 7,394,294 | 62.19M | Jul 30, 2026 |
| VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd | 0.96% | 7,123,759 | 59.91M | Jul 30, 2026 |