NYSE:TME Tencent Music Entertainment Group (TME) Stock Price, News & Analysis $9.17 +0.03 (+0.28%) Closing price 03:59 PM EasternExtended Trading$9.07 -0.09 (-0.99%) As of 07:59 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock 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$8.97▼$9.2650-Day Range$8.46▼$15.1052-Week Range$8.44▼$26.70Volume17.94 million shsAverage Volume9.74 million shsMarket Capitalization$14.20 billionP/E Ratio11.46Dividend Yield2.51%Price Target$21.44Consensus RatingHold Company Overview 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. Tencent Music completed an initial public offering in late 2018, listing its shares on the New York Stock Exchange. Since then it has focused on expanding its service offerings, broadening content libraries through licensing deals with record companies and developing social features that blend music consumption with real-time interaction. Tencent Music’s products are predominantly targeted at users in mainland China, where its apps are widely used across mobile and desktop platforms, though the company engages in international licensing and partnerships that support its content ecosystem. Its service suite emphasizes a user experience that combines on-demand streaming, curated playlists, personalized recommendations and interactive social features such as live karaoke rooms and artist-fan engagement tools. Operationally, Tencent Music functions as both a distributor and a rights licensee, negotiating with music labels, independent artists and publishers to secure catalogs while also creating original content and promotional initiatives. The company’s business model balances recurring revenue from paid subscriptions with variable revenue streams from social and virtual goods, positioning it as a hybrid music-technology and social entertainment provider in the Chinese market.AI Generated. May Contain Errors. Read More Tencent Music Entertainment Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks98th Percentile Overall ScoreTME MarketRank™: Tencent Music Entertainment Group scored higher than 98% of companies evaluated by MarketBeat, and ranked 15th out of 269 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingTencent Music Entertainment Group has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on no strong buy ratings, 6 buy ratings, 7 hold ratings, and 1 sell rating.Upside PotentialTencent Music Entertainment Group has a consensus price target of $21.44, representing about 133.9% upside from its current price of $9.17.Amount of Analyst CoverageTencent Music Entertainment Group has been the subject of 9 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 Valuation3.8 / 5Proj. Earnings Growth10.00% Earnings GrowthEarnings for Tencent Music Entertainment Group are expected to grow by 10.00% in the coming year, from $0.90 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tencent Music Entertainment Group is 11.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Tencent Music Entertainment Group is 11.46, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.41.Price to Earnings Growth RatioTencent Music Entertainment Group has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTencent Music Entertainment Group has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.22% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tencent Music Entertainment Group has recently increased by 21.52%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldTencent Music Entertainment Group pays a meaningful dividend of 2.55%, 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 28.75%. 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 23.23% 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 Media3.4 / 5News Sentiment0.48 News SentimentTencent Music Entertainment Group has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Tencent Music Entertainment Group this week, compared to 3 articles on an average week.Search Interest24 people have searched for TME on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.MarketBeat Follows7 people have added Tencent Music Entertainment Group to their MarketBeat watchlist in the last 30 days. This is an increase of 40% 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. 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TME Stock News HeadlinesTencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2026May 20 at 5:00 AM | prnewswire.comTencent Music Entertainment Group Class A (1698) Receives a Buy from Huatai SecuritiesMay 19 at 1:20 PM | theglobeandmail.comRead this warning immediatelyPorter Stansberry, founder of one of the world's largest financial research firms, says he's breaking the biggest story of his 26-year career. A famous historian whose books have sold over 45 million copies in 65 languages is warning of a structural shift so large it has only one historical parallel - 1776. One Stanford economist calls it 'the biggest change ever - bigger than electricity, bigger than the steam engine.' Stansberry outlines the stocks to buy, the stocks to sell, and three money moves to position yourself on the right side of this shift.May 20 at 1:00 AM | Porter & Company (Ad)Tencent Music Entertainment Group Sponsored ADR Class AMay 18 at 11:03 PM | edition.cnn.comAs U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade (TME)With U.S. federal debt exceeding 100% of GDP, VXUS and IXUS offer investors international equity exposure as a hedge against rising sovereign risk.May 18 at 7:10 AM | marketbeat.comJ.P. Morgan Remains a Hold on Tencent Music Entertainment Group Class A (1698)May 17 at 2:33 PM | theglobeandmail.comTencent Music Entertainment Group Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsMay 15, 2026 | finance.yahoo.comTencent Music Entertainment Group (NYSE:TME) Given New $10.00 Price Target at JPMorgan Chase & Co.May 15, 2026 | americanbankingnews.comSee 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 on January 1st, 2026. Since then, TME shares have decreased by 47.7% and is now trading at $9.1660. How were Tencent Music Entertainment Group's earnings last quarter? Tencent Music Entertainment Group Sponsored ADR (NYSE:TME) released its quarterly earnings data on Tuesday, March, 31st. The company reported $0.11 EPS for the quarter. The company earned $1.15 billion during the quarter. Tencent Music Entertainment Group had a net margin of 26.45% and a trailing twelve-month return on equity of 11.20%. Read the conference call transcript. When did Tencent Music Entertainment Group IPO? Tencent Music Entertainment Group (TME) raised $1.1 billion in an IPO on Wednesday, December 12th 2018. The company issued 82,000,000 shares at $13.00-$15.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch served as the underwriters for the IPO and Credit Suisse, CICC, Allen & Company, BOCI, China Renaissance. HSBC, KeyBanc Capital Markets and Stifel were co-managers. Who are Tencent Music Entertainment Group's major shareholders? Top institutional investors of Tencent Music Entertainment Group include Cantillon Capital Management LLC (0.86%), Renaissance Technologies LLC (0.42%), Allspring Global Investments Holdings LLC (0.27%) and Sei Investments Co. (0.26%). 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 Earnings3/31/2026Record date for 4/23 Dividend4/02/2026Ex-Dividend for 4/23 Dividend4/02/2026Dividend Payable4/23/2026Today5/20/2026Fiscal 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 (4m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 TME's financial health is in the Red zone, according to TradeSmith. TME has been in this zone for over 4 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry MEDIA CONGLOM Sub-IndustryCommunication Current SymbolNYSE:TME CIK1744676 Webwww.tencentmusic.com Phone8675586013388FaxN/AEmployees5,690Year Founded2012Price Target and Rating Average Price Target for Tencent Music Entertainment Group$21.44 High Price Target$29.80 Low Price Target$10.00 Potential Upside/Downside+133.9%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage14 Analysts Profitability EPS (Trailing Twelve Months)$0.80 Trailing P/E Ratio11.46 Forward P/E Ratio10.18 P/E Growth0.6Net Income$1.54 billion Net Margins26.45% Pretax Margin32.79% Return on Equity11.20% Return on Assets8.96% Debt Debt-to-Equity Ratio0.06 Current Ratio2.09 Quick Ratio2.08 Sales & Book Value Annual Sales$4.71 billion Price / Sales3.02 Cash Flow$0.96 per share Price / Cash Flow9.50 Book Value$7.22 per share Price / Book1.27Miscellaneous Outstanding Shares1,548,900,000Free FloatN/AMarket Cap$14.20 billion OptionableOptionable Beta0.81 Social Links 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. 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