Tencent Music Entertainment Group (TME) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Tencent Music (NYSE:TME) is set to report Q1 2026 results before the market opens on Tuesday, May 12 at 7:00 AM ET, with analysts forecasting $0.21 EPS and $1.1439 billion in revenue.
• Shares traded at $9.19 midday (up 0.5%) with a market cap of ~$14.23B and a P/E of 9.31, and the company recently raised its annual dividend to $0.24 (dividend payout ratio 23.23%).
• Large institutional investors including Schroder, Invesco, Morgan Stanley and Deutsche Bank increased holdings, while analyst coverage is mixed — consensus rating is "Hold" with a $22.03 price target after several target cuts.

Tencent Music Entertainment Group (NYSE:TME - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $1.1439 billion for the quarter. Investors may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, May 12, 2026 at 7:00 AM ET.

Tencent Music Entertainment Group Stock Up 0.5%

NYSE:TME traded up $0.05 during midday trading on Tuesday, reaching $9.19. The company had a trading volume of 4,099,546 shares, compared to its average volume of 8,674,196. The firm has a market capitalization of $14.23 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.59 and a beta of 0.81. The stock's fifty day simple moving average is $11.19 and its 200-day simple moving average is $15.94. Tencent Music Entertainment Group has a 12-month low of $8.78 and a 12-month high of $26.70. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.04.

Tencent Music Entertainment Group Increases Dividend

The business also recently announced an annual dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd were issued a $0.24 dividend. This represents a yield of 262.0%. This is a boost from Tencent Music Entertainment Group's previous annual dividend of $0.18. The ex-dividend date was Thursday, April 2nd. Tencent Music Entertainment Group's dividend payout ratio (DPR) is 23.23%.

Institutional Trading of Tencent Music Entertainment Group

A number of institutional investors have recently bought and sold shares of the business. Schroder Investment Management Group lifted its holdings in Tencent Music Entertainment Group by 30.0% during the 4th quarter. Schroder Investment Management Group now owns 80,480,078 shares of the company's stock worth $1,410,816,000 after buying an additional 18,554,567 shares during the last quarter. State Street Corp lifted its holdings in Tencent Music Entertainment Group by 1.3% during the 2nd quarter. State Street Corp now owns 12,553,992 shares of the company's stock worth $244,677,000 after buying an additional 155,692 shares during the last quarter. Invesco Ltd. lifted its holdings in Tencent Music Entertainment Group by 195.9% during the 4th quarter. Invesco Ltd. now owns 6,991,937 shares of the company's stock worth $122,569,000 after buying an additional 4,629,058 shares during the last quarter. Morgan Stanley lifted its holdings in Tencent Music Entertainment Group by 43.7% during the 4th quarter. Morgan Stanley now owns 4,614,530 shares of the company's stock worth $80,893,000 after buying an additional 1,403,559 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in Tencent Music Entertainment Group by 43.0% during the 4th quarter. Deutsche Bank AG now owns 4,441,235 shares of the company's stock worth $77,855,000 after buying an additional 1,336,354 shares during the last quarter. 24.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on TME shares. Barclays decreased their target price on Tencent Music Entertainment Group from $28.00 to $20.00 and set an "overweight" rating for the company in a report on Thursday, March 19th. UBS Group reiterated a "neutral" rating and issued a $13.00 target price (down from $26.00) on shares of Tencent Music Entertainment Group in a report on Wednesday, March 18th. Jefferies Financial Group reiterated a "buy" rating and issued a $23.00 target price on shares of Tencent Music Entertainment Group in a report on Tuesday, March 17th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $12.00 target price on shares of Tencent Music Entertainment Group in a report on Wednesday, March 18th. Finally, Mizuho decreased their target price on Tencent Music Entertainment Group from $28.00 to $23.00 and set an "outperform" rating for the company in a report on Wednesday, March 18th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $22.03.

Tencent Music Entertainment Group Company Profile

Tencent Music Entertainment Group NYSE: TME is a China-based digital music and audio entertainment platform that operates a portfolio of leading music streaming and social entertainment services. Its core consumer-facing products include streaming apps, online karaoke (KTV) services and live music and entertainment broadcasts. The company monetizes its content through a mix of subscriptions, digital music sales, in-app purchases, virtual gifting, advertising and licensing arrangements with rights holders.

The company traces its roots to the consolidation of Tencent's music assets and was established in the mid-2010s to unify several prominent music properties under a single operating entity.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.