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Market Cap 11.98B P/E 17.69 EPS this Y 17.30% Ern Qtrly Grth 13.50%
Income 4.92B Forward P/E 11.38 EPS next Y 19.70% 50D Avg Chg -13.00%
Sales 27.75B PEG 67.79 EPS past 5Y 6.03% 200D Avg Chg -12.00%
Dividend N/A Price/Book 0.19 EPS next 5Y 2.06% 52W High Chg -31.00%
Recommedations 1.80 Quick Ratio 2.22 Shares Outstanding 1.72B 52W Low Chg 103.00%
Insider Own - ROA 4.38% Shares Float 1.10B Beta 0.82
Inst Own 50.78% ROE 9.82% Shares Shorted/Prior 21M/26.19M Price 6.37
Gross Margin 35.30% Profit Margin 17.73% Avg. Volume 6,881,087 Target Price 12.15
Oper. Margin 20.73% Earnings Date May 13 Volume 5,976,448 Change -4.78%
About Tencent Music Entertainment Gro

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 music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Tencent Music Entertainment Gro News
04/20/24 Analysts Are Updating Their Tencent Music Entertainment Group (NYSE:TME) Estimates After Its Full-Year Results
04/18/24 Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-F
04/15/24 Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024
04/09/24 Returns On Capital Are Showing Encouraging Signs At Tencent Music Entertainment Group (NYSE:TME)
04/03/24 Tencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call Transcript
04/03/24 Zacks.com featured highlights American Eagle Outfitters, JD.com, PDD Holdings, Air Lease and Tencent Music Entertainment
04/02/24 TME or RELX: Which Is the Better Value Stock Right Now?
04/02/24 5 Profitable PEG-Based GARP Stocks for Investors
09:15 AM Tencent Music Entertainment Group Full Year 2023 Earnings: EPS Beats Expectations
03/21/24 Tencent Music Entertainment Group Announces Senior Management Changes
03/21/24 US$11.37 - That's What Analysts Think Tencent Music Entertainment Group (NYSE:TME) Is Worth After These Results
03/20/24 Tencent Music Hit All The Right Notes With Its Latest Quarterly Report
03/20/24 Wells Fargo downgraded, Best Buy upgraded: Wall Street's top analyst calls
03/20/24 Q4 2023 Tencent Music Entertainment Group Earnings Call
03/19/24 REFILE-UPDATE 2-Tencent Music beats quarterly revenue estimates (March 19)
03/19/24 Tencent Music beats quarterly revenue estimates
03/19/24 Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2023 Unaudited Financial Results
03/18/24 Calculating The Intrinsic Value Of Tencent Music Entertainment Group (NYSE:TME)
03/08/24 The Top 7 Under-$10 Stocks to Buy in March 2024
03/08/24 German Bank Stock Hits A High At Key Level; Tencent Music Rebounds To New High
TME Chatroom

User Image Doozio Posted - 13 hours ago

$BZ them bums wen? In 🧠 $tme

User Image kgreen7634 Posted - 17 hours ago

$TME This is all about Dungeon and Fighter: Origin. Steady increase until its release in May?

User Image kgreen7634 Posted - 17 hours ago

$TME Breakout trade CONFIRMED breakout above 12.07 Target: 13.33, 8.1% Stop: 11.82 Loss: 4.1% P/L ratio: 2 : 1 - Fair

User Image AHL_Finance Posted - 1 day ago

$TME well this will fly as well. $SPOT

User Image KimJ03 Posted - 1 day ago

$SPOT Superb ER. This could go all the way to $400. This is also a great cue for $TME to report outstanding ER

User Image DEXWireNews Posted - 1 day ago

$TME https://www.tradingview.com/chart/TME/sA9OnCvv-Tencent-Set-to-Release-Dungeon-and-Fighter-Mobile-Game-in-May/sA9OnCvv

User Image poopyscoop Posted - 4 days ago

$TME nice head and shoulders on the daily.

User Image VectorVictor Posted - 5 days ago

$DIDIY Where do I think we are….? $TME Comp

User Image Stock_Titan Posted - 5 days ago

$TME Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-F https://www.stocktitan.net/news/TME/tencent-music-entertainment-group-filed-2023-annual-report-on-form-13783i5yjz59.html

User Image ithinkthereforeiam Posted - 5 days ago

$TME May cross $12 by tomorrow!

User Image the_Market_ Posted - 5 days ago

$TME who would have thought this pos is up? 🤣

User Image LunchTrader Posted - 1 week ago

$TME

User Image Stock_Titan Posted - 1 week ago

$TME Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024 https://www.stocktitan.net/news/TME/tencent-music-entertainment-group-to-report-first-quarter-2024-1olw5onc8buz.html

User Image AHL_Finance Posted - 1 week ago

$TME soon 🚀🚀🚀🚀🚀🚀

User Image Mil91 Posted - 2 weeks ago

$TME New ATH

User Image KimJ03 Posted - 2 weeks ago

$TME $14.14 technical resistance. Let's go

User Image graveshouse Posted - 2 weeks ago

$TME $12 and boom

User Image kgreen7634 Posted - 2 weeks ago

$TME BREAKOUT CONFIRMED breakout above 11.76, no resistance in area just above. Type: True breakout from double resistance. Target: 12.94, 8.7% Stop: 11.44 Loss: 3.9% P/L ratio: 2.2 : 1 - Good

User Image Mil91 Posted - 2 weeks ago

$TME GAP $30 LFG!!

User Image DivergenceSeeker Posted - 2 weeks ago

$TME This has moved nicely since my last call. Follow my page and check my results!

User Image KimJ03 Posted - 2 weeks ago

$TME Tencent needs to announce a price hike like $SPOT

User Image VectorVictor Posted - 2 weeks ago

$DIDIY it took forever and two lifetimes for $TME to crawl out of the shitter….just saying.

User Image AHL_Finance Posted - 2 weeks ago

$TME cmon just jump

User Image WallStJesus Posted - 2 weeks ago

$TME REPEAT BULL BETTING

User Image smartkarma Posted - 3 weeks ago

$TME | Tencent Music Entertainment Group: Initiation Of Coverage - Core Business Strategy "Tencent Music Entertainment Group (TME) posted robust results in its fourth quarter and full year 2023 earnings call. Increasing subscribers and..." - Baptista Research (Baptista Research) Key Points: * Tencent Music Entertainment Group (TME) posted robust results in its fourth quarter and full year 2023 earnings call. * Increasing subscribers and expedited revenue growth were notable positives, taking the total number of subscribers to the 100 million milestone due to the company’s focus on content leadership, platform value, and offering a high-quality user experience. * Yet, the company also faced some headwinds, particularly in the social entertainment business. Read more: https://www.smartkarma.com/insights/tencent-music-entertainment-group-initiation-of-coverage-core-business-strategy

User Image George1234568 Posted - 03/31/24

$TME Barron average rating 90 dollars

User Image George1234568 Posted - 03/31/24

$TME next 27 bucks

User Image George1234568 Posted - 03/31/24

$TME everyone in China subscribed

User Image Honeystocks Posted - 03/31/24

THE APRIL OUTLOOK FOR US STOCKS. (All Tickers Covered In Detail). After the recent face ripping rally, what can we expect over the next few weeks and what are the key levels to watch? $TSLA $PLTR $JD $JPM and the break out in $TME covered plus another 15 trade ideas for your watchlists. https://www.honeystocks.com/analysis

User Image Honeystocks Posted - 03/30/24

THE APRIL OUTLOOK FOR US STOCKS. (All Tickers Covered In Detail). After the recent face ripping rally, what can we expect over the next few weeks and what are the key levels to watch? $TSLA $PLTR $JD $JPM and the break out in $TME covered plus another 15 trade ideas for your watchlists. https://www.honeystocks.com/analysis

Analyst Ratings
Morgan Stanley Overweight Mar 20, 24
Goldman Sachs Buy Mar 20, 24
Benchmark Buy Mar 20, 24
HSBC Hold Mar 20, 24
Mizuho Buy Mar 20, 24
B of A Securities Buy Mar 20, 24
Citigroup Buy Mar 20, 24
Redburn Atlantic Buy Feb 5, 24
CLSA Outperform Feb 5, 24