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

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Tencent Music Entertainme... (TME)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

10.44

0.16 (1.56%)

At close: Jan 14, 2025, 3:59 PM

10.75

2.97%

Pre-market Jan 15, 2025, 04:04 AM EST

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Bid	10.39
Market Cap	17.80B
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	0.52
PE Ratio (ttm)	20.08
Forward PE	n/a
Analyst	Buy

Ask	10.65
Volume	7,229,273
Avg. Volume (20D)	6,580,632
Open	10.36
Previous Close	10.28
Day's Range	10.31 - 10.60
52-Week Range	8.19 - 15.77
Beta	undefined

About TME

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and disco...

[Show more]

Industry Internet Content & Information

Sector Communication Services

IPO Date Dec 12, 2018

Employees 5,185

Stock Exchange NYSE

Ticker Symbol TME

Website https://www.tencentmusic.com

Analyst Forecast

According to 12 analyst ratings, the average rating for TME stock is "Buy." The 12-month stock price forecast is $13.5, which is an increase of 29.31% from the latest price.

Buy 83.33%

Hold 16.67%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Tencent Music Entertainment Group is scheduled to release its earnings on Mar 18, 2025, before market opens.
Analysts project revenue of $1.04B, reflecting a 7.11% YoY growth and earnings per share of 0.18, making a 28.57% increase YoY.

Why Price Moved

1 day ago · Source New

+1.65%

Shares of Chinese stocks are trading higher. China... Unlock content with Pro Subscription

1 month ago · Source

-0.75%

Shares of US-listed Chinese stocks are trading lower due to stimulus concerns and disappointing economic data. The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products.

News

3 weeks ago · zacks.com

TME vs. RELX: Which Stock Is the Better Value Option?

Investors interested in stocks from the Internet - Content sector have probably already heard of Tencent Music Entertainment Group Sponsored ADR (TME) and RELX PLC (RELX). But which of these two stock...

1 month ago · zacks.com

TME or TTGT: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Internet - Content sector have probably already heard of Tencent Music Entertainment Group Sponsored ADR (TME) and TechTarget (TTGT). But which of these two sto...

2 months ago · zacks.com

Here's Why Tencent Music Entertainment Group (TME) is Poised for a Turnaround After Losing -12.04% in 4 Weeks

The heavy selling pressure might have exhausted for Tencent Music Entertainment Group (TME) as it is technically in oversold territory now. In addition to this technical measure, strong agreement amon...

2 months ago · seekingalpha.com

Tencent Music Entertainment Group (TME) Q3 2024 Earnings Call Transcript

Tencent Music Entertainment Group (NYSE:TME ) Q3 2024 Earnings Conference Call November 12, 2024 6:00 AM ET Company Participants Millicent Tu - Head of Investor Relations Cussion Pang - Executive Chai...

2 months ago · proactiveinvestors.com

Tencent Music users tune out of karaoke, live streaming services

China's Spotify analogue Tencent Music Entertainment Group posted 6.8% increase in total revenues for the third quarter of 2024, hitting 7.02 billion Chinese yuan (around US$1 billion). TME attributed...

2 months ago · reuters.com

Tencent Music Entertainment misses quarterly revenue estimates

Tencent Music Entertainment missed quarterly revenue estimates on Tuesday, as Beijing's crackdown on online gambling continues to impact its social entertainment segment.

2 months ago · zacks.com

3 Reasons Why Growth Investors Shouldn't Overlook Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group (TME) possesses solid growth attributes, which could help it handily outperform the market.

2 months ago · zacks.com

TME vs. TTGT: Which Stock Is the Better Value Option?

Investors looking for stocks in the Internet - Content sector might want to consider either Tencent Music Entertainment Group Sponsored ADR (TME) or TechTarget (TTGT). But which of these two stocks pr...

2 months ago · zacks.com

Wall Street Analysts Believe Tencent Music Entertainment Group (TME) Could Rally 26.83%: Here's is How to Trade

The consensus price target hints at a 26.8% upside potential for Tencent Music Entertainment Group (TME). While empirical research shows that this sought-after metric is hardly effective, an upward tr...