TME Tencent Music Entertainment Group

P/E 11.26
Forward P/E 14.95
Price/Sales 0.604
Beta 0.61
Div Yield 0.0119%
Market Cap --

Company Analysis

Latest News

🔴 TME is trading 4.2% down today as traders take profits following recent rally

TME is trading 4.2% down today at $8.77 as traders take profits following a sharp multi-day advance from the mid-$8s to above $9. • The move appears to be a...

🔴 TME is trading 4.3% down today after profit-taking on a multi-day rally

TME is trading 4.3% down at $8.76 as investors lock in gains following the stock's recent multi-day advance. • The move appears to be a stock-specific...

🔴 TME is trading 4.3% down today on profit-taking after a multi-day rally

TME is trading at approximately $8.76 (4.3% down) in pre-market action as the stock pulls back from its recent multi-day advance. • The decline follows a...

Tencent Music Seals Its $2.4 Billion Ximalaya Deal — But Can Regulatory Strings and Slowing Growth Justify the Price?

Tencent Music Seals Its $2.4 Billion Ximalaya Deal — But Can Regulatory Strings and Slowing Growth Justify the Price?

Shares jumped 6.5% to $9.02 as Tencent Music Entertainment confirmed it had closed its acquisition of Ximalaya, China's dominant podcast and audiobook...

🟢 TME is trading 6.5% up today on $1.26B acquisition of Ximalaya

TME is trading 6.5% up at $9.02 after confirming the acquisition of online audio platform Ximalaya in a deal worth up to $1.26 billion in cash plus shares. •...

Tencent Music Acquires Ximalaya for $1.26 Billion, Targeting Long-Form Audio Growth

Tencent Music Acquires Ximalaya for $1.26 Billion, Targeting Long-Form Audio Growth

Tencent Music Entertainment Group (TME) finalized its acquisition of Ximalaya Inc. on Monday. The online audio platform is now a wholly-owned subsidiary of TME...

Tencent Music Entertainment Group Q1 2026 Earnings Preview: What Analysts Expect on May 18, 2026

Tencent Music Entertainment is projected to report consensus revenue of ¥7.90 billion and earnings per share of ¥1.54, with the current stock price of $8.80...

Tencent secures conditional Ximalaya deal, fueling audio market expansion

China’s market regulator conditionally approved Tencent Holdings’ acquisition of audio platform Ximalaya. The approval mandates an end to exclusive copyright...

Tencent Music Misses Q1 Estimates, Despite 12% Music Service Growth

Tencent Music Misses Q1 Estimates, Despite 12% Music Service Growth

Tencent Music Entertainment (TME) reported total revenues of $1.15 billion for the first quarter of 2026. This figure represents a 7.3% year-over-year...

Tencent Music revenue climbs 7.3%, powered by core music services

Tencent Music revenue climbs 7.3%, powered by core music services

Tencent Music Entertainment Group (TME) reported total revenues of RMB7.90 billion (US$1.15 billion) for the first quarter of 2026. This figure represents a...

Tencent Music Surges 6% Before Earnings Day — Can a Premium Subscriber Push Justify a Stock Trading at Half Its Target Price?

Tencent Music Surges 6% Before Earnings Day — Can a Premium Subscriber Push Justify a Stock Trading at Half Its Target Price?

Shares jumped +6.4% in pre-market trading on May 12, defying a weak tape — S&P futures down 0.41%, Nasdaq off 0.79% — as investors positioned ahead of TME's Q1...

🟢 TME is trading 6% up today ahead of Q1 earnings release

TME is trading at $9.78 (+6%) in pre-market sessions ahead of its Q1 2026 earnings report scheduled for release before the market open. • Analysts are...

Tencent Music Entertainment Group Q1 2026 Earnings Preview: What Analysts Expect on May 12, 2026

Tencent Music is expected to report Q1 2026 revenue of approximately $1.14 billion and earnings of $0.21 per share, while the current stock price of $9.27...

🔴 TME is trading 4% down today in a pullback after yesterday's rally

TME is trading at $9.27 (-4.14%) in a slight pullback after yesterday's 5.57% gain to $9.67. • The decline aligns with minor losses in major indices, with the...

🟢 TME is trading 5.1% up today as tech stocks rally on geopolitical de-escalation

TME is trading at $9.63 (+5.1%) as part of a broader tech sector surge following geopolitical de-escalation between the U.S. and Iran. • Oil prices fell below...

🟢 TME is trading 4.3% up today as tech stocks rally on geopolitical de-escalation

TME is trading at $9.55 (+4.3%) as U.S. equities rally strongly following geopolitical de-escalation between the U.S. and Iran and oil prices falling below...

Nomura Significantly Lowers Tencent Music Price Target to $12.5, Maintains Buy Rating

Nomura Significantly Lowers Tencent Music Price Target to $12.5, Maintains Buy Rating

Nomura reiterates its Buy rating for Tencent Music Entertainment. The firm reduced its price target from $26.00 to $12.50. Management lowered fiscal year 2026...

🟢 TME is trading 5% up today as easing geopolitical tensions lift broader markets

TME is trading at $9.93 (+5.30%) amid a strong market session driven by easing geopolitical tensions and broader market advances. • The NASDAQ Composite rose...

🟢 TME is trading 4.19% up today on broader market gains and easing geopolitical tensions

TME is trading at $9.82 (+4.19%) as the stock moves in tandem with broader market advances during a strong trading session. The NASDAQ Composite rose 1.19%**...

Tencent Music Entertainment Releases Highly Anticipated New Album by Mandopop Star Jay Chou

Tencent Music Entertainment Releases Highly Anticipated New Album by Mandopop Star Jay Chou

Tencent Music Entertainment Group released Jay Chou’s 16th studio album, "Children of the Sun," on March 25, 2026. The album launched on QQ Music, Kugou Music,...