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Market Cap 11.98B P/E 17.69 EPS this Y 26.40% Ern Qtrly Grth 29.60%
Income 5.58B Forward P/E 11.38 EPS next Y 17.90% 50D Avg Chg -13.00%
Sales 27.39B PEG 53.63 EPS past 5Y 8.16% 200D Avg Chg -12.00%
Dividend N/A Price/Book 0.19 EPS next 5Y 2.49% 52W High Chg -31.00%
Recommedations 2.00 Quick Ratio 2.09 Shares Outstanding 857.15M 52W Low Chg 103.00%
Insider Own - ROA 4.97% Shares Float 1.12B Beta 0.65
Inst Own 58.21% ROE 10.20% Shares Shorted/Prior 24.24M/29.22M Price 6.37
Gross Margin 39.30% Profit Margin 20.37% Avg. Volume 6,881,087 Target Price 13.84
Oper. Margin 26.45% Earnings Date Nov 11 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
11/20/24 Tencent Music Entertainment Group (TME) Shares Pulled Back After Strong Performance
11/14/24 Here's Why Tencent Music Entertainment Group (TME) is Poised for a Turnaround After Losing -12.04% in 4 Weeks
11/14/24 Tencent Music Entertainment Group Third Quarter 2024 Earnings: EPS Beats Expectations
11/13/24 Tencent Music Entertainment Group (TME) Q3 2024 Earnings Call Highlights: Strong Growth in ...
11/13/24 Q3 2024 Tencent Music Entertainment Group Earnings Call
11/12/24 Tencent Music's Q3 Revenue Tops $1 Billion, But Monthly Active Users Fall 3%, Stock Reacts
11/12/24 Tencent Music returns to growth as online music offsets crackdown hit
11/12/24 Tencent Music Entertainment Group Announces Third Quarter 2024 Unaudited Financial Results
11/08/24 3 Reasons Why Growth Investors Shouldn't Overlook Tencent Music Entertainment Group (TME)
11/08/24 TME vs. TTGT: Which Stock Is the Better Value Option?
10/31/24 Tencent Music Entertainment Group (TME): Among the Best Music Stocks to Buy According to Hedge Funds
10/24/24 Wall Street Analysts Believe Tencent Music Entertainment Group (TME) Could Rally 26.83%: Here's is How to Trade
10/23/24 TME or TTGT: Which Is the Better Value Stock Right Now?
10/17/24 Tencent Music Entertainment Group Inks Strategic Partnership with Galaxy Corporation
10/14/24 Tencent Music Entertainment Group to Report Third Quarter 2024 Financial Results on November 12, 2024
10/09/24 Is Tencent Music Entertainment (TME) a Smart Investment with 25 Hedge Funds on Its Side?
10/07/24 Is Tencent Music Entertainment Group (NYSE:TME) Trading At A 42% Discount?
10/01/24 Tencent Music Entertainment Group (TME): A Cheap Internet Stock to Invest In Now
09/27/24 Is Tencent Music Entertainment Group (TME) a Solid Growth Stock? 3 Reasons to Think "Yes"
09/27/24 TME vs. ABNB: Which Stock Is the Better Value Option?
TME Chatroom

User Image uyaredude Posted - 1 day ago

$TME such a loser! I am bailing with a loss. There are much better companies in the market place.

User Image Robin_x Posted - 2 days ago

$TME so this pos have dividends? But I don’t see any?

User Image smartkarma Posted - 3 days ago

$TME | 2025 High Conviction: Tencent Music Entertainment (TME) – Music as Promising Future "Our 2024 High Conviction, Meituan, has risen by 87% in one year. We believe the market ignores TME because of its flat revenue, but TME will benefit from its dominant position in the music market." - Ming Lu (Aequitas Research) Read more: https://www.smartkarma.com/insights/2025-high-conviction-tencent-music-entertainment-tme-music-as-promising-future

User Image Thelonius_Stonk Posted - 4 days ago

$TME back again

User Image EarningsCallSamurAI Posted - 1 week ago

$TME - Total revenues reached RMB 7 billion, marking a 7% year-over-year increase - Adjusted net profit surged 35% year-over-year to RMB 1.7 billion - Online music revenues grew 20% year-over-year to RMB 5.5 billion - Music subscription revenues increased 20% to RMB 3.8 billion - Gross margin improved to 42.6%, up 6.9 percentage points year-over-year Check our latest blog for more info! https://blog.earningscallsamurai.com/https-earningscallsamurai-com-tencent-music-entertainment-q3-2024-growth-analysis/

User Image StocktwitsNews Posted - 1 week ago

Tencent Music Stock Dips After Earnings Miss, But Retail’s Bullish. $TME https://stevents.onelink.me/wmCS/fr5yf5aq

User Image SorosSonosSatoshi Posted - 1 week ago

$TME all eyes Tons of Exodus Orders 10 . 10cebr 10.10

User Image SorosSonosSatoshi Posted - 1 week ago

$TME when 10 Cent or 4.10 ?

User Image SorosSonosSatoshi Posted - 1 week ago

$TCEHY 46.888 all 3 eyes Stop mark $TME 10.08810.1888 Mass Stop loss Marks Print AND get 8.888

User Image SorosSonosSatoshi Posted - 1 week ago

$TME 10.08810.1888 Mass Stop loss Marks Print AND get 8.888

User Image smartkarma Posted - 1 week ago

$TME | Tencent Music (TME): 3Q24, Began to Grow with Record Gross Margin "The quarterly gross margin hit historical high again in 3Q24. The growth rate exceeded 5% YoY for the first time in three years, as the weak business became insignificant in total revenue." - Ming Lu (Aequitas Research) Read more: https://www.smartkarma.com/insights/tencent-music-tme-3q24-began-to-grow-with-record-gross-margin

User Image uyaredude Posted - 1 week ago

$TME The observation is confirmed. If Zachs, insider monkey is tooting a company's horn, avoid that equity. they did it with many companies. They both liked this POS!

User Image OpenOutcrier Posted - 1 week ago

$TME (-6.5% pre) Tencent Music Entertainment Non-GAAP EPADS of $0.16 in-line, revenue of RMB 7.02B misses by RMB 20M https://ooc.bz/l/47800

User Image uyaredude Posted - 1 week ago

$TME New PT is $9.5

User Image uyaredude Posted - 1 week ago

$TME more talk and bigger drop....

User Image uyaredude Posted - 1 week ago

$TME conference call is underway and the message from MGMT is not addressing the analysts' concerns. Pre-market shows how they receive the future promises of the management.

User Image DonCorleone77 Posted - 1 week ago

$TME Tencent Music reports Q3 EPS 14c, consensus 17c Reports Q3 revenue $1B, consensus $980.86M. Cussion Pang, executive chairman of TME, commented, "Our commitment to high-quality growth is reflected in another solid quarterly performance. The steady expansion of our music subscribers and diversified music services continue to drive overall growth and profitability. We are encouraged by the growing synergies between our platform and well-established content ecosystem, which have become a vital force in empowering us to seize new opportunities for long-term, sustainable growth."

User Image uyaredude Posted - 1 week ago

$TME Timberrrrrrr! This POS missed the earnings.!https://finance.yahoo.com/news/tencent-music-entertainment-misses-quarterly-090912434.html

User Image ChessGM Posted - 1 week ago

$TME Heads up alert! Only one day until Upcoming earnings on Tuesday, 11/12/2024 for $TME Bullish (7.5) Tencent Music Entertainment Group (TME) has demonstrated significant potential, driven by its robust growth attributes and favorable market positioning. The company is currently trading at a P/E ratio of approximately 20.4, which is competitive when compared to the industry average of around 25. Furthermore, TME has shown an impressive EPS growth rate of 15% year-over-year, indicating a positive trend in profitability. Revenue forecasts suggest a continued upward trajectory, with projected growth rates of 12% for the upcoming fiscal year, outpacing many of its industry peers. Notably, TME's strategic partnership with Galaxy Corporation is set to enhance its global footprint, potentially leading to increased market share and revenue streams. This collaborative effort aligns with the broader growth narrative of the global music industry, which is projected to expand significantly in the coming years. As TME approaches its third-quarter 2024 earnings report scheduled for November 12, 2024, market expectations appear optimistic. Analysts are forecasting a revenue increase of approximately 10% compared to the previous quarter, driven by new content acquisitions and expanded user engagement. The consensus among analysts suggests a price target that implies a potential upside of approximately 26.8%, further substantiating bullish sentiment. Historically, TME has consistently exceeded earnings expectations, and with 25 hedge funds reportedly backing the stock, there is a solid foundation of institutional support. Given these dynamics, TME is well-positioned to capitalize on its growth strategies, and the upcoming earnings report could serve as a catalyst for further upward momentum in its stock price. - Funds were net buyers of $TME during the previous reporting quarter. - Here are some of the funds with a sizable holdings (as of Q3 of 2024) for $TME: * Baillie Gifford & Co Ltd $311MM. New position. CGMFundRank: 76%, Fund Website: www.bailliegifford.com * Cantillon Captal Management LLC $185MM. New position. CGMFundRank: 79%, Fund Website: www.cantillon.com * Polen Capital Management LLC $21MM. New position. CGMFundRank: 72%, Fund Website: www.polencapital.com * Jennison Associates LLC $21MM. New position. CGMFundRank: 76% * Polymer Capital Management (HK) LTD $14MM. New position. CGMFundRank: 54% - Last 10 days performance: 2% - Last 30 days performance: -11% - Last 90 days performance: 2% Follow ChessGM on stocktwits.com to get timely earnings alerts. Not a financial advice. Not a trading signal.

User Image StocktwitsNews Posted - 1 week ago

Tencent Music Stock Up Ahead of Earnings: Retail’s Bullish. $TME $IEMG $MCHI https://stevents.onelink.me/wmCS/8g7q1u0a

User Image GambitMentality Posted - 1 week ago

Here are some street estimates on companies reporting earnings in the #StockMarket this week. THESE ARE NOT SIGNALS! These are just expectations with ZERO guidance. Here's info on $ZI $TME and $ATEX

User Image FlynancialAnalyst Posted - 1 week ago

$YMM $9.15B mc $KWEB / $FXI name has pulled back to its 10 wk SMA on completely dead volume following the historic accumulation in Sept/Oct. Founder led, only 507 watchers on Stocktwits, and Pct of all funds long shares is at record highs & rising I'm still optimistic for a turnaround in China names $PDD $TME TrendEdge.app/asset/YMM

User Image ianc Posted - 1 week ago

$TME Beware of Chinese companies listed outside China that make all their profits inside China. They can just cancel their listing and leave all their overseas shareholders high and dry. One that comes to mind is JQW plc listed on the AIM market in the UK.

User Image ChessGM Posted - 1 week ago

$TME Heads up alert! Upcoming earnings on Tuesday, 11/12/2024 for $TME Bullish (7.5) Tencent Music Entertainment Group (TME) has recently demonstrated a robust positioning within the music and audio entertainment sector, evidenced by its strategic partnerships and growth potential. The stock is currently trading at a price-to-earnings (P/E) ratio of approximately 30, which is slightly above the industry average of 25, but this premium is justified by TME's projected earnings growth rate of 15% annually, outpacing many of its competitors. The company's earnings per share (EPS) has shown a consistent upward trend, with recent estimates suggesting a forthcoming EPS of $0.25 for the third quarter, which aligns well with the positive earnings revisions seen from analysts. Revenue forecasts indicate a potential increase of 20% year-over-year, driven by both domestic and international growth initiatives. TME's recent partnership with Galaxy Corporation illustrates its strategy to enhance its global footprint, which could further amplify revenue streams from international markets. Furthermore, the company's commitment to sustainable practices, highlighted in its inaugural ESG report, positions it favorably among socially conscious investors. Compared to peers like Alibaba Music and NetEase Cloud Music, TME maintains a competitive edge in user engagement and retention, which are critical metrics in this industry. In anticipation of the upcoming earnings report scheduled for November 12, 2024, analysts are optimistic, projecting a 26.83% upside potential from the current share price. Historical performance shows TME has historically exceeded earnings expectations, which could further bolster investor confidence. With a solid financial foundation and favorable market conditions, TME is positioned to benefit from the broader recovery in the Chinese economy following recent stimulus measures. Analyst consensus estimates predict a positive reaction to the earnings report, with expectations of strong user growth and increased monetization strategies contributing to overall performance. - Funds were net buyers of $TME during the previous reporting quarter. - Top 5 funds with large holdings in $TME: * Baillie Gifford & Co Ltd $311MM. New position. CGMFundRank: 76%, Fund Website: www.bailliegifford.com * Cantillon Captal Management LLC $185MM. New position. CGMFundRank: 79%, Fund Website: www.cantillon.com * Polen Capital Management LLC $21MM. New position. CGMFundRank: 72%, Fund Website: www.polencapital.com * Jennison Associates LLC $21MM. New position. CGMFundRank: 76% * Polymer Capital Management (HK) LTD $14MM. New position. CGMFundRank: 54% - Last 10 days performance: -2% - Last 30 days performance: -8% - Last 90 days performance: -10% Follow ChessGM on stocktwits.com to get timely earnings alerts. Not a financial advice. Not a trading signal.

User Image theflynews Posted - 2 weeks ago

Tencent Music initiated with bullish view at Barclays, here's why - $TME - https://thefly.com/permalinks/entry.php/TMEid4014083

User Image swingingtech Posted - 2 weeks ago

$TME https://wallstreetwaves.com/bernstein-starts-coverage-on-tencent-music-entertainment-group-sehk1698-with-positive-outlook/

User Image erevnon Posted - 2 weeks ago

Bernstein initiates coverage on Tencent Music Enter $TME at Outperform rating and announces a price target of https://marketsblock.com/stock-upgrades-and-downgrades/

User Image FlynancialAnalyst Posted - 10/28/24

$KWEB shake and bake $TME $PDD $EH $YMM

User Image Estimize Posted - 10/28/24

$TME reported 0.16 EPS and 985.00 revenue last quarter. Next report is 03/25 BMO. Jury is still out on expectations. What's yours? http://w

User Image peteraeng Posted - 10/25/24

$TME Hello??? Is anyone on this board? I’m in at $11.48 for 2500 shares.

Analyst Ratings
Morgan Stanley Equal-Weight Sep 25, 24
Benchmark Buy Aug 14, 24
Mizuho Outperform Aug 14, 24
B of A Securities Buy Aug 14, 24
Benchmark Buy May 14, 24
Mizuho Buy May 14, 24
Mizuho Buy May 10, 24
Morgan Stanley Overweight Mar 20, 24
Goldman Sachs Buy Mar 20, 24