Is Tencent Music Entertainment Group (TME) a Buy, Sell, or Hold?
Tencent Music Entertainment Group
NYSE:TME
$8.97 USD
$0.19 (2.16%)
- Volume
- 5.38M
- Average Volume
- 10.25M
- Market Capitalization
- $13.79B
- P/E Ratio
- 10.43
- 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
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Zhu Liang |
| Industry | Internet Content & Information |
| Sector | Communication Services |
| Current Symbol | TME |
| CUSIP | 88034P109 |
| CIK | 0001744676 |
| Web | https://www.tencentmusic.com |
| Phone | 86 75 5860 13388 |
| Currency | USD |
| Employees | 5690 |
| Country | CN |
Liquidity
| Debt-to-Equity Ratio | 0.07 |
| Payout Ratio | 0.00 |
| Current Ratio | 2.09 |
| Quick Ratio | 2.08 |
| Cash Ratio | 1.11 |
Sales & Book Value
| Annual Sales | $32.9B |
| Price / Sales | 2.77 |
| Cash Flow | 2.48 |
| Price / Cash Flow | 12.05 |
| Price / Book | 1.24 |
Price Target and Rating
| Average Stock Price Forecast | $15.20 |
| High Stock Price Forecast | $23.00 |
| Low Stock Price Forecast | $10.70 |
| Forecast Upside/Downside | -40.99% |
| Consensus Rating | Buy |
| Rating Score(0-5) | 4 |
| Research Coverage | 24 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $6.92 |
| Trailing P/E Ratio | 10.43 |
| PEG Ratio | -1.46 |
| P/E Growth | -1.46 |
| Net Income | $11.06B |
| Net Margin | 26.49% |
| Pretax Margin | 33.01% |
| Return on Equity | 10.97% |
| Return on Assets | 8.85% |
Financials Score
| AltmanZ Score | 3.82 |
| Piotroski Score | 6.00 |
| Working Capital | 17.98B |
| Total Assets | 99.48B |
| Ebit | 13.37B |
| Market Cap | 91.89B |
| Total Liabilities | 22.64B |
Poll Results
About Tencent Music Entertainment Group (NYSE:TME) Stock
Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting ac ... ts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.
Tencent Music: SENDing Immersive Audio To The Masses; Reiterate Buy On Ecosystem Premiumization
2026-07-14 06:43:43
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.
Tencent Music Entertainment Group to Report Second Quarter 2026 Financial Results on August 11, 2026
2026-07-14 06:00:00
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.
Tencent Music Entertainment Group Announces Poll Results of the 2026 Annual General Meeting
2026-06-30 05:38:00
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.
Tencent Music: Recent Strategic Moves Are Reshaping The Investment Case
2026-06-25 10:20:43
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.
2026-05-31 10:00:00
Summit Therapeutics Inc. (NASDAQ: SMMT) today announced positive overall survival (OS) results from the Phase III HARMONi-6 trial, conducted in China and spons
2026-05-30 09:00:00
Summit Therapeutics Inc. (NASDAQ: SMMT) today presented new results from the AK112-206 trial (NCT05382442), a global, open-label, multicenter Phase II study in
Coca-Cola's 2026 FIFA World Cup Anthem "JUMP" Lets the World Hear China's Voice
2026-05-26 06:16:00
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.
Tencent Music: Trading User Growth For Ecosystem Dominance
2026-05-21 02:56:59
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.
Frequently Asked Questions
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What is the current Tencent Music Entertainment Group (TME) stock price?
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Tencent Music Entertainment Group(NYSE:TME) stock price is $8.97 in the last trading session. During the trading session, TME stock reached the peak price of $26.7 while $7.94 was the lowest point it dropped to. The percentage change in TME stock occurred in the recent session was 2.16% while the dollar amount for the price change in TME stock was $0.19.
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TME's industry and sector of operation?
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The NYSE listed TME is part of Internet Content & Information industry that operates in the broader Communication Services sector.
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Who are the executives of TME?
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Min Hu | Chief Financial Officer & Director
Brent Richard Irvin | Corporate Vice President, General Counsel & Director
Kar Shun Pang | Executive Chairman
Zhu Liang | Chief Executive Officer & Director
T. Millicent | Head of IR -
How many employees does TME have?
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Number of TME employees currently stands at 5690. TME operates from Building D, Shenzhen, GD 518057, CN.
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Link for TME official website?
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Official Website of TME is: https://www.tencentmusic.com
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How do I contact TME?
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TME could be contacted at phone #86 75 5860 13388 and can also be accessed through its website. TME operates from Building D, Shenzhen, GD 518057, CN.
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How many shares of TME are traded daily?
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The average number of TME shares traded daily for last 3 months was 10.25M.
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What is the market cap of TME currently?
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The market value of TME currently stands at $13.79B with its latest stock price at $8.97