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NYSE:TME

Tencent Music Entertainment Group (TME) Stock Price, News & Analysis

Tencent Music Entertainment Group logo
$9.17 +0.03 (+0.28%)
Closing price 03:59 PM Eastern
Extended 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.

About Tencent Music Entertainment Group Stock (NYSE:TME)

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Key Stats

Today's Range
$8.97
$9.26
50-Day Range
$8.46
$15.10
52-Week Range
$8.44
$26.70
Volume
17.94 million shs
Average Volume
9.74 million shs
Market Capitalization
$14.20 billion
P/E Ratio
11.46
Dividend Yield
2.51%
Price Target
$21.44
Consensus Rating
Hold

Company Overview

Tencent Music Entertainment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

TME 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.

  • Consensus Rating

    Tencent 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 Potential

    Tencent 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 Coverage

    Tencent 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 Growth

    Earnings 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 Market

    The 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. Sector

    The 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 Ratio

    Tencent 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 Ratio

    Tencent 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.

  • Percentage of Shares Shorted

    1.22% of the float of Tencent Music Entertainment Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Tencent 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 month

    Short interest in Tencent Music Entertainment Group has recently increased by 21.52%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Tencent Music Entertainment Group pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tencent Music Entertainment Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tencent Music Entertainment Group is 28.75%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based 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 Sentiment

    Tencent 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 Week

    MarketBeat has tracked 15 news articles for Tencent Music Entertainment Group this week, compared to 3 articles on an average week.
  • Search Interest

    24 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 Follows

    7 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.
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TME Stock News Headlines

Read this warning immediately
Porter 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.tc pixel
Tencent Music Entertainment Group Sponsored ADR Class A
A globe, stacked coins, and rising bar charts on a glass tray represent global investment growth.
As 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.
See More Headlines

TME Stock Analysis - Frequently Asked Questions

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.

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
.

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.

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%).

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.

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 Earnings
3/31/2026
Record date for 4/23 Dividend
4/02/2026
Ex-Dividend for 4/23 Dividend
4/02/2026
Dividend Payable
4/23/2026
Today
5/20/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MEDIA CONGLOM
Sub-Industry
Communication
Current Symbol
NYSE:TME
CIK
1744676
Fax
N/A
Employees
5,690
Year Founded
2012

Price Target and Rating

High Price Target
$29.80
Low Price Target
$10.00
Potential Upside/Downside
+133.9%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
14 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.80
Trailing P/E Ratio
11.46
Forward P/E Ratio
10.18
P/E Growth
0.6
Net Income
$1.54 billion
Net Margins
26.45%
Pretax Margin
32.79%
Return on Equity
11.20%
Return on Assets
8.96%

Debt

Debt-to-Equity Ratio
0.06
Current Ratio
2.09
Quick Ratio
2.08

Sales & Book Value

Annual Sales
$4.71 billion
Price / Sales
3.02
Cash Flow
$0.96 per share
Price / Cash Flow
9.50
Book Value
$7.22 per share
Price / Book
1.27

Miscellaneous

Outstanding Shares
1,548,900,000
Free Float
N/A
Market Cap
$14.20 billion
Optionable
Optionable
Beta
0.81

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This page (NYSE:TME) was last updated on 5/20/2026 by MarketBeat.com Staff.
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