Tencent Music Entertainment Group

TME · NYSE

$8.51−$0.09 (−1.05%)TodayMarket closed ·
Prev close $8.60

About TME

Tencent Music Entertainment Group is a CN-based company operating in Entertainment industry. Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The firm is mainly engaged in the provision of online music services, social entertainment services and other services. The firm operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The firm also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio.

Employees
5,690
Headquarters
Shenzhen, Guizhou
Listed
Dec 12, 2018
Sector
Communication Services
Industry
Entertainment

TME key statistics

Market cap
12.00B
Price-earnings ratio
20.48
Dividend yield
—
Average volume
5.55M
Volume
2.36M
Open price
$8.63
High today
$8.74
Low today
$8.51
52 Week high
$23.86
52 Week low
$7.66

Tencent Music Entertainment Group (TME) at a glance

As of Oct 23, 2026, Tencent Music Entertainment Group (TME) shares are priced at $8.51, giving the company a market cap of 12.00B and a price-to-earnings ratio of 20.48.

Today the stock has traded between $8.51 and $8.74. The current price is 0.1% above the day's low and 2.6% below its high.

Volume so far is 2.36M shares, below the average of 5.55M shares a day.

Over the past year Tencent Music Entertainment Group has ranged from $7.66 to $23.86, and now sits 5% of the way up that range.

Tencent Music Entertainment Group met or beat analyst EPS estimates in 6 of the last 8 quarters. In Q2 FY26 it reported $1.70 per share against an estimate of $1.62.

The average analyst price target is $12.51, 47.0% above the current price, from 8 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

38%of 8 analyst ratings say Buy
  • Buy37.5%
  • Hold62.5%
  • Sell0.0%
Price target · 27 analystsAvg $12.51
Low
$4.21
Now
$8.51
High
$21.00

TME earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 6 of the last 8 quarters, by 5.6% on average.

  1. Q3 FY24: reported $1.16 per share against an estimate of $1.22
  2. Q4 FY24: reported $1.47 per share against an estimate of $1.31
  3. Q1 FY25: reported $1.37 per share against an estimate of $1.34
  4. Q2 FY25: reported $1.66 per share against an estimate of $1.48
  5. Q3 FY25: reported $1.54 per share against an estimate of $1.54
  6. Q4 FY25: reported $1.60 per share against an estimate of $1.61
  7. Q1 FY26: reported $1.46 per share against an estimate of $1.44
  8. Q2 FY26: reported $1.70 per share against an estimate of $1.62

TME news

  • Press releasePRNewswire

    JJ Lin, Tia Ray & Lil Ghost Take the Formula 1 Singapore Grand Prix Stage With Support From TME

  • Press releasePRNewswire

    Tencent Music Entertainment Group to Report Third Quarter 2026 Financial Results on November 17, 2026

  • Press releasePRNewswire

    Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering

  • Press releasePRNewswire

    BIGBANG 2026-2027 WORLD TOUR < XX: COSMOS > IN HONG KONG Officially Announced

  • Press releasePRNewswire

    Tencent Music Entertainment Group Announces Pricing of US$1,000 Million Notes Offering

  • Press releasePRNewswire

    Tencent Music Entertainment Group Announces Notes Offering

  • Press releasePRNewswire

    The 2nd TMElive International Music Awards concluded, bringing together 34 Chinese and international acts to deliver a phenomenal global music celebration

  • Press releasePRNewswire

    2026 TME Chinese Music Impact Summit Held: Music IP and New Growth Paths for the Industry in the AI Era

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.