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Tencent Music Entertainment Group

NYSE:TME

$8.78 USD

-$0.05 (-0.57%)

Volume
3.53M
Average Volume
10.25M
Market Capitalization
$13.49B
P/E Ratio
10.42
Dividend Yield
2.72%
Price Target
$15.20
Year High
$26.70
Year Low
$7.94
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$2.09
Source Headline
Tencent Music: SENDing Immersive Audio To The Masses; Reiterate Buy On Ecosystem Premiumization

Tencent Music leverages its SEND model to automate spatial audio, enhancing premium content and improving ARPPU prospects. TME's SEND enables mass conversion of its catalog to 3D audio, lowering costs and expanding premium offerings across QQ Music and Ximalaya. Potential B2B licensing with over 40 automakers could open new revenue streams as TME integrates immersive audio into smart cockpits.

seekingalpha.com - 2026-07-14 06:43:43

Tencent Music Entertainment Group to Report Second Quarter 2026 Financial Results on August 11, 2026

SHENZHEN, China, July 14, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2026 before the U.S. market opens on Tuesday, August 11, 2026. TME's management will host a Tencent Meeting Webinar on Tuesday, August 11, 2026, at 7:00 A.M.

prnewswire.com - 2026-07-14 06:00:00

Tencent Music Entertainment Group Announces Poll Results of the 2026 Annual General Meeting

SHENZHEN, China, June 30, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 30, 2026 and all the proposed resolutions set out in the notice of the AGM dated May 20, 2026 were duly passed at the AGM. About Tencent Music Entertainment Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing.

prnewswire.com - 2026-06-30 05:38:00

Tencent Music: Recent Strategic Moves Are Reshaping The Investment Case

Tencent Music (TME) is rated Buy, with upside driven by premium memberships, concerts, and deeper Tencent ecosystem integration. TME's SVIP membership and concert strategy create a high-value flywheel, supporting margin expansion and resilience against Bytedance competition. The Ximalaya acquisition enhances TME's audio ecosystem and premium value proposition, though immediate competitive advantages versus Bytedance may be limited.

seekingalpha.com - 2026-06-25 10:20:43

Ivonescimab with Chemotherapy Demonstrated a Statistically Significant Overall Survival Benefit Compared to Tislelizumab Plus Chemotherapy in 1L Treatment of Patients with Squamous NSCLC in the HARMON

Summit Therapeutics Inc. (NASDAQ: SMMT) today announced positive overall survival (OS) results from the Phase III HARMONi-6 trial, conducted in China and spons

gurufocus.com - 2026-05-31 10:00:00

Encouraging Global Phase II Ivonescimab Data in First-Line Metastatic Colorectal Cancer Presented at ASCO 2026

Summit Therapeutics Inc. (NASDAQ: SMMT) today presented new results from the AK112-206 trial (NCT05382442), a global, open-label, multicenter Phase II study in

gurufocus.com - 2026-05-30 09:00:00

Coca-Cola's 2026 FIFA World Cup Anthem "JUMP" Lets the World Hear China's Voice

BEIJING, May 26, 2026 /PRNewswire/ -- As the world counts down to the 2026 FIFA World Cup, Coca-Cola ignites the excitement with its brand-new official anthem, "JUMP" – the 2026 FIFA World Cup Coca-Cola Anthem. The song is jointly produced by Tencent Music Entertainment Group (TME) and Coca-Cola.

prnewswire.com - 2026-05-26 06:16:00

Tencent Music: Trading User Growth For Ecosystem Dominance

Tencent Music is positioned for ecosystem expansion following the regulatory approval of its Ximalaya acquisition. TME's Q1 results beat on efficiency, but Q2 guidance is lowered due to intensifying competition and rising user churn risk. The Ximalaya deal fills the company's long-form audio gap, potentially boosting user stickiness and offsetting stagnating music subscription growth.

seekingalpha.com - 2026-05-21 02:56:59

Tencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2026

SHENZHEN, China, May 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 10/F, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong on Tuesday, June 30, 2026 at 10 a.m. (Beijing/Hong Kong time) for the purposes of considering and, if thought fit, passing the resolutions as set forth in the notice of the AGM (the "AGM Notice").

prnewswire.com - 2026-05-20 05:00:00

Tencent Music Entertainment Group Q1 Earnings Call Highlights

Tencent Music Entertainment Group NYSE: TME reported steady first-quarter 2026 results as management highlighted growth in music-related services, rising contributions from offline performances and continued pressure from competition and AI-related copyright issues.

marketbeat.com - 2026-05-15 08:12:58

Tencent Music Hits 52-Week Low: Analyst Slashes Growth Outlook During AI Piracy Fears

Benchmark analyst Fawne Jiang maintained a Hold rating on Tencent Music Entertainment Group (NYSE:TME) while lowering near-term growth expectations amid rising competition, shifting consumer behavior and AI-driven industry changes.

benzinga.com - 2026-05-13 12:58:19

Tencent Music Entertainment Group Announces First Quarter 2026 Unaudited Financial Results

SHENZHEN, China, May 12, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 202 6  Financial Highlights Total revenues were RMB7.90 billion (US$1.15 billion), representing a 7.3% year-over-year increase, primarily due to strong growth in revenues from music related services[1].

prnewswire.com - 2026-05-12 05:00:00

Tencent Music Entertainment Group Sponsored ADR (NYSE:TME) Given Average Recommendation of “Hold” by Brokerages

Shares of Tencent Music Entertainment Group Sponsored ADR (NYSE: TME - Get Free Report) have received an average recommendation of "Hold" from the fourteen brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and six have given a buy

defenseworld.net - 2026-04-27 02:38:50

Tencent Music Entertainment Group Releases 2025 ESG Report

SHENZHEN, China, April 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today released its 2025 Environmental, Social and Governance ("ESG") Report, detailing the strategic actions taken to drive its sustainability agenda. Mr. Cussion Pang, Executive Chairman of TME, commented, "The solid execution of our dual content-and-platform strategy has pushed the boundaries of value creation for users, artists, and partners across the music ecosystem, charting new pathways for industry advancement.

prnewswire.com - 2026-04-20 06:05:00

Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F

SHENZHEN, China, April 17, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 17, 2026, U. S. Eastern Time.

prnewswire.com - 2026-04-17 07:30:00

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TME Price Target Summary

Last Month

$0.00

0 analysts

Last Quarter

$0.00

0 analysts

Last Year

$20.91

7 analysts

All Time

$15.16

33 analysts

TME Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-05-14 JP Morgan Maintain Neutral Neutral
2026-05-13 Mizuho Maintain Outperform Outperform
2026-03-19 Barclays Maintain Overweight Overweight
2026-03-18 Benchmark Downgrade Buy Hold
2026-03-18 Mizuho Maintain Outperform Outperform
2026-03-18 JP Morgan Downgrade Overweight Neutral
2026-03-18 UBS Downgrade Buy Neutral
2026-03-05 Macquarie Downgrade Outperform Neutral
2025-12-22 Morgan Stanley Maintain Overweight Overweight
2025-11-13 Benchmark Maintain Buy Buy
2025-11-12 Barclays Maintain Overweight Overweight
2025-08-13 Benchmark Maintain Buy Buy
2025-08-12 Barclays Maintain Overweight Overweight
2025-08-12 Citigroup Maintain Buy Buy
2025-03-19 Mizuho Maintain Outperform Outperform
2025-01-21 Morgan Stanley Upgrade Equal Weight Overweight
2024-09-25 Morgan Stanley Downgrade Overweight Equal Weight
2024-08-14 Mizuho Maintain Outperform Outperform
2024-08-14 Benchmark Maintain Buy Buy
2024-08-14 B of A Securities Maintain Buy Buy
2024-05-14 Benchmark Maintain Buy Buy
2024-05-14 Mizuho Maintain Buy Buy
2024-05-10 Mizuho Maintain Buy Buy
2024-03-20 Goldman Sachs Upgrade Neutral Buy
2024-03-20 Mizuho Maintain Buy Buy
2024-03-20 Citigroup Upgrade Neutral Buy
2024-03-20 Morgan Stanley Maintain Overweight Overweight
2024-03-20 B of A Securities Maintain Buy Buy
2024-03-20 HSBC Maintain Hold Hold
2024-03-20 Benchmark Maintain Buy Buy
2024-01-24 UBS Upgrade Neutral Buy
2024-01-17 Mizuho Maintain Buy Buy
2023-11-16 JP Morgan Upgrade Neutral Overweight
2023-11-15 Benchmark Maintain Buy Buy
2023-08-16 B of A Securities Maintain Buy Buy
2023-08-16 Citigroup Maintain Neutral Neutral
2023-07-31 Citigroup Downgrade Buy Neutral
2023-07-26 JP Morgan Downgrade Overweight Neutral
2023-07-20 HSBC Maintain Hold Hold
2023-05-18 Benchmark Maintain Buy Buy
2023-05-18 Citigroup Upgrade Neutral Buy
2023-05-17 HSBC Maintain Buy Buy
2023-05-17 China Renaissance Upgrade Hold Buy
2023-05-17 Citigroup Upgrade Neutral Buy
2023-05-17 Mizuho Maintain Buy Buy
2023-05-17 Macquarie Upgrade Underperform Neutral
2023-04-24 Mizuho Maintain Buy Buy
2023-03-22 Benchmark Maintain Buy Buy
2023-01-09 Goldman Sachs Maintain Neutral Neutral
2022-12-01 Morgan Stanley Upgrade Equal Weight Overweight
2022-11-21 JP Morgan Upgrade Neutral Overweight
2022-11-16 Benchmark Upgrade Hold Buy
2022-02-18 Goldman Sachs Downgrade Neutral Sell
2022-01-20 China Renaissance Downgrade Buy Hold
2021-12-28 Benchmark Maintain Hold Hold
2021-11-15 UBS Downgrade Buy Neutral
2021-09-13 Loop Capital Downgrade Buy Hold
2021-08-19 Deutsche Bank Downgrade Buy Hold
2021-08-19 Needham Maintain Buy Buy
2021-08-18 Deutsche Bank Downgrade Buy Hold
2021-07-16 Morgan Stanley Downgrade Overweight Equal Weight
2021-03-23 China Renaissance Downgrade Buy Hold
2020-12-23 Needham Maintain Buy Buy
2020-09-24 Needham Maintain Buy Buy
2020-07-27 B of A Securities Maintain Buy Buy
2020-03-18 UBS Maintain Neutral Neutral
2020-03-12 Morgan Stanley Upgrade Equal Weight Overweight
2020-02-19 Oppenheimer Downgrade Outperform Perform
2020-02-18 CCB International Downgrade Outperform Neutral
2020-02-18 KeyBanc Downgrade Overweight Sector Weight
2020-02-18 Keybanc Downgrade Overweight Sector Weight
2020-02-18 BOCOM International Downgrade Neutral Sell
2019-10-18 New Street Maintain Buy Buy
2019-10-08 China Renaissance Upgrade Hold Buy
2019-10-02 KeyBanc Maintain Overweight Overweight
2019-10-02 Keybanc Maintain Overweight Overweight
2019-08-13 Bank of America Maintain Buy Buy
2019-08-05 Jefferies Maintain Buy Buy
2019-07-30 Oppenheimer Maintain Outperform Outperform
2019-06-04 Loop Capital Maintain Buy Buy
2019-05-13 China Renaissance Maintain Hold Hold
2019-03-20 Credit Suisse Downgrade Outperform Neutral
2019-03-05 Bank of America Maintain Buy Buy
2019-03-05 B of A Securities Maintain Buy Buy
2019-02-12 Macquarie Maintain Outperform Outperform
2019-01-18 HSBC Maintain Buy Buy
2019-01-17 JP Morgan Maintain Overweight Overweight
2019-01-07 Bank of America Maintain Buy Buy
2019-01-07 KeyBanc Maintain Overweight Overweight