NYSE:TME Tencent Music Entertainment Group (TME) Stock Price, News & Analysis $7.80 -0.08 (-0.95%) As of 09:41 AM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Tencent Music Entertainment Group Stock (NYSE:TME) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get TME alerts:Sign Up Key Stats Today's Range$7.87▼$7.8750-Day Range$7.73▼$9.8952-Week Range$7.66▼$23.85Volume4,290 shsAverage Volume9.20 million shsMarket Capitalization$12.27 billionP/E Ratio9.61Dividend Yield2.95%Price Target$17.21Consensus RatingHold Company Overview Tencent Music Entertainment Group (NYSE: TME) is a China-based online music and audio entertainment company. It operates digital music and entertainment platforms that provide music streaming, digital content, social interaction and other music-related services to users primarily in China. The company's principal services include QQ Music, Kugou Music and Kuwo Music, which offer licensed music, personalized recommendations, digital albums and other audio content. Tencent Music also operates WeSing, a karaoke and social entertainment platform, along with live-streaming, advertising, artist services and other products designed to connect musicians, content creators and audiences. Tencent Music was established in 2016 through the combination of Tencent's music businesses and China Music Corporation. The company completed its initial public offering on the New York Stock Exchange in 2018. Its business is supported by relationships with music labels, artists and other content providers, as well as Tencent's broader digital ecosystem. Liang Zhu serves as chief executive officer, and Cussion Pang is executive chairman.AI Generated. May Contain Errors. Read More Tencent Music Entertainment Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks93rd Percentile Overall ScoreTME MarketRank™: Tencent Music Entertainment Group scored higher than 93% of companies evaluated by MarketBeat, and ranked 20th out of 237 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.1 / 5Analyst RatingHold Consensus RatingTencent Music Entertainment Group has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on no strong buy ratings, 3 buy ratings, 10 hold ratings, and no sell ratings.Upside PotentialTencent Music Entertainment Group has a consensus price target of $17.21, representing about 118.5% upside from its current price of $7.88.Amount of Analyst CoverageTencent Music Entertainment Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Tencent Music Entertainment Group's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.75% Earnings GrowthEarnings for Tencent Music Entertainment Group are expected to grow by 5.75% in the coming year, from $0.87 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tencent Music Entertainment Group is 9.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Tencent Music Entertainment Group is 9.72, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 230.66.Price to Earnings Growth RatioTencent Music Entertainment Group has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTencent Music Entertainment Group has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tencent Music Entertainment Group's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.85% of the float of Tencent Music Entertainment Group has been sold short.Short Interest Ratio / Days to CoverTencent Music Entertainment Group has a short interest ratio ("days to cover") of 4.65.Change versus previous monthShort interest in Tencent Music Entertainment Group has recently decreased by 10.74%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldTencent Music Entertainment Group pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTencent Music Entertainment Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tencent Music Entertainment Group is 28.40%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tencent Music Entertainment Group will have a dividend payout ratio of 25.00% next year. This indicates that Tencent Music Entertainment Group will be able to sustain or increase its dividend.Read more about Tencent Music Entertainment Group's dividend. News and Social Media3.7 / 5News Sentiment0.89 News SentimentTencent Music Entertainment Group has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Communication Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Tencent Music Entertainment Group this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for TME on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows2 people have added Tencent Music Entertainment Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Tencent Music Entertainment Group insiders have not sold or bought any company stock.Percentage Held by Institutions24.32% of the stock of Tencent Music Entertainment Group is held by institutions.Read more about Tencent Music Entertainment Group's insider trading history. Receive TME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tencent Music Entertainment Group and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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TME Stock News HeadlinesTencent Music Entertainment Group (TME) Stock Sees Modest Fair Value Cut After Analyst CautionOctober 4 at 1:59 PM | uk.finance.yahoo.comTencent Music Entertainment Group Class A (TME)October 1, 2026 | au.investing.comThe case for $20,000 gold before year endPresident Trump reposted a warning from precious metals expert Jim Rickards, tying the November midterms and America's $40 trillion national debt to a potential surge in gold prices, with some forecasts pointing to $10,000 or even $20,000 gold. Dr. David Eifrig, a 40-year market veteran and former Goldman Sachs Vice President, says an unusual plan involving Trump and two other top officials could fuel the biggest gold bull run in decades. Eifrig has shared his top gold pick tied to this developing story.October 6 at 1:00 AM | Stansberry Research (Ad)Tencent Music Entertainment Group (NYSE:TME) Stock Price Down 4.7% - What's Next?October 1, 2026 | americanbankingnews.comPromising Music Stocks To Consider - September 27thSeptember 29, 2026 | americanbankingnews.comMusic Stocks To Follow Today - September 24thSeptember 27, 2026 | americanbankingnews.comTencent Music Entertainment Group Sponsored ADR (NYSE:TME) Receives Average Rating of "Hold" from AnalystsSeptember 25, 2026 | americanbankingnews.comTencent Music Entertainment Group(NYSE:TME) dropped from S&P Global BMI IndexSeptember 22, 2026 | marketscreener.comMSee More Headlines TME Stock Analysis - Frequently Asked Questions How have TME shares performed this year? Tencent Music Entertainment Group's stock was trading at $17.54 at the beginning of the year. Since then, TME shares have decreased by 55.1% and is now trading at $7.8750. How were Tencent Music Entertainment Group's earnings last quarter? Tencent Music Entertainment Group Sponsored ADR (NYSE:TME) released its earnings results on Tuesday, June, 30th. The company reported $0.25 EPS for the quarter. The company had revenue of $1.31 billion for the quarter. Tencent Music Entertainment Group had a trailing twelve-month return on equity of 11.53% and a net margin of 26.27%. When did Tencent Music Entertainment Group IPO? Tencent Music Entertainment Group (TME) raised $1.1 billion in an initial public offering (IPO) on Wednesday, December 12th 2018. The company issued 82,000,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch acted as the underwriters for the IPO and Credit Suisse, CICC, Allen & Company, BOCI, China Renaissance. HSBC, KeyBanc Capital Markets and Stifel were co-managers. How do I buy shares of Tencent Music Entertainment Group? Shares of TME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Tencent Music Entertainment Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tencent Music Entertainment Group investors own include Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), NIO (NIO) and PayPal (PYPL). Company Calendar Last Earnings6/30/2026Today10/06/2026Next Earnings (Estimated)11/11/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (9m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 TME's financial health is in the Red zone, according to TradeSmith. TME has been in this zone for over 9 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorCommunication Services Industry Entertainment Sub-IndustryMovies & Entertainment Current SymbolNYSE:TME CIK1744676 Webwww.tencentmusic.com Phone8675586013388FaxN/AEmployees5,690Year Founded2012Price Target and Rating Average Price Target for Tencent Music Entertainment Group$17.21 High Price Target$25.00 Low Price Target$9.30 Potential Upside/Downside+118.5%Consensus RatingHold Rating Score (0-4)2.23 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.81 Trailing P/E Ratio9.72 Forward P/E Ratio9.05 P/E Growth1.36Net Income$1.54 billion Net Margins26.27% Pretax Margin32.59% Return on Equity11.53% Return on Assets8.87% Debt Debt-to-Equity Ratio0.13 Current Ratio1.74 Quick Ratio1.74 Sales & Book Value Annual Sales$33.93 billion Price / Sales0.37 Cash Flow$0.96 per share Price / Cash Flow8.17 Book Value$7.34 per share Price / Book1.07Miscellaneous Outstanding Shares1,573,905,000Free FloatN/AMarket Cap$12.39 billion OptionableOptionable Beta0.78 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. 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