TME icon

Tencent Music

16.36 USD
-0.63
3.71%
At close May 15, 4:00 PM EDT
After hours
16.39
+0.03
0.18%
1 day
-3.71%
5 days
13.37%
1 month
27.91%
3 months
20.21%
6 months
47.79%
Year to date
44.52%
1 year
6.51%
5 years
36.79%
10 years
16.86%
 

About: Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

Employees: 5,353

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

166% more call options, than puts

Call options by funds: $55.2M | Put options by funds: $20.7M

0.32% more ownership

Funds ownership: 26.36% [Q3] → 26.68% (+0.32%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 9 (+0) [Q4]

5% less capital invested

Capital invested by funds: $5.46B [Q3] → $5.2B (-$256M) [Q4]

6% less funds holding

Funds holding: 310 [Q3] → 290 (-20) [Q4]

23% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 115

27% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 64

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$17
4%
upside
Avg. target
$17
4%
upside
High target
$17
4%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Mizuho
Wei Fang
75% 1-year accuracy
3 / 4 met price target
4%upside
$17
Outperform
Maintained
19 Mar 2025

Financial journalist opinion

Based on 7 articles about TME published over the past 30 days

Neutral
Seeking Alpha
2 days ago
Tencent Music Entertainment Group (TME) Q1 2025 Earnings Call Transcript
Tencent Music Entertainment Group (NYSE:TME ) Q1 2025 Results Conference Call May 13, 2025 7:00 AM ET Company Participants Millicent Tu - Head of Investor Relations Kar Shun Pang - Executive Chairman Ross Liang - Chief Executive Officer Min Hu - Chief Financial Officer Conference Call Participants Zhi Yi Chen - Goldman Sachs Alicia Yap - Citi Ellie Jiang - Macquarie Yang Liu - Morgan Stanley Alex Yao - JP Morgan Wei Xiong - UBS Fang Wei - Mizuho Securities Millicent Tu Good evening, good morning, and welcome to Tencent Music Entertainment Group's First Quarter 2025 Earnings Conference Call. I am Millicent Tu, Head of IR.
Tencent Music Entertainment Group (TME) Q1 2025 Earnings Call Transcript
Positive
Reuters
2 days ago
Tencent Music's quarterly revenue jumps on higher subscriptions
Tencent Music Entertainment exceeded analysts' expectations for first-quarter revenue on Tuesday, driven by growth in subscribers for its online music services.
Tencent Music's quarterly revenue jumps on higher subscriptions
Neutral
PRNewsWire
2 days ago
Tencent Music Entertainment Group Announces First Quarter 2025 Unaudited Financial Results
SHENZHEN, China , May 13, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 202 5  Financial Highlights Total revenues were RMB7.36 billion (US$1.01 billion), representing an 8.7% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services, and partially offset by a decline in revenues from social entertainment services and others.
Tencent Music Entertainment Group Announces First Quarter 2025 Unaudited Financial Results
Positive
MarketBeat
1 week ago
These 3 Rock Star Entertainment Stocks Are Dominating 2025
The market has been treading through rough waters in 2025, but several stocks in the entertainment industry are among the stars shining the brightest despite this. While many sectors have struggled to gain traction amid economic uncertainty and mixed earnings results, a select group of entertainment names has managed to stand out.
These 3 Rock Star Entertainment Stocks Are Dominating 2025
Positive
Reuters
2 weeks ago
Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports
Tencent Music Entertainment Group is in advanced talks to buy China's largest online audio platform Ximalaya Inc for $2.4 billion, Bloomberg News reported on Friday.
Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports
Neutral
PRNewsWire
3 weeks ago
Tencent Music Entertainment Group Filed 2024 Annual Report on Form 20-F
SHENZHEN, China , April 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 23, 2025, U. S. Eastern Time.
Tencent Music Entertainment Group Filed 2024 Annual Report on Form 20-F
Neutral
PRNewsWire
3 weeks ago
Tencent Music Entertainment Group Releases 2024 ESG Report
SHENZHEN, China , April 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today released its 2024 Environmental, Social and Governance ("ESG") report, outlining the achievements and progress it made throughout the year in executing a sustainability strategy. Mr. Cussion Pang, Executive Chairman of TME, commented, "As we remained true to our mission to 'create endless possibilities with music and technology,' we have been driving the advancement of online music industry through technology while prioritizing sustainable growth.
Tencent Music Entertainment Group Releases 2024 ESG Report
Positive
MarketBeat
1 month ago
4 Stocks Raising Dividends by More Than 10%
In a market where income-focused investors seek dividend reliability, four companies, from Wall Street heavyweights to international players, are stepping up with substantial payout hikes. JPMorgan Chase, Williams-Sonoma, Tencent Music Entertainment, and CareTrust REIT have each announced dividend increases of 10% or more, signaling financial strength and a strong commitment to shareholder returns.
4 Stocks Raising Dividends by More Than 10%
Negative
Seeking Alpha
1 month ago
Tencent Music: Seizing Opportunities In Music Business Amid Hurdles
Tencent Music's 4Q24 shows strong growth in online music services but continued weakness in social entertainment, leading to a cautious stock outlook. Music subscription revenue grew 18% y/y, driven by increased paying users and ARPU, while social entertainment revenue declined 13% y/y. TME's valuation should focus on the music subscription segment, implying a 10% downside to $13/share, given the limited value of social entertainment.
Tencent Music: Seizing Opportunities In Music Business Amid Hurdles
Positive
The Motley Fool
1 month ago
Why Tencent Music Entertainment Group Was Music to Investor Ears This Week
The market very much liked what it heard coming from China's Tencent Music Entertainment Group (TME -1.96%) this week. A better-than-expected earnings report the company published on Tuesday was enough of a hit to rise the stock nearly 12% higher in price over the period, according to data compiled by S&P Global Market Intelligence.
Why Tencent Music Entertainment Group Was Music to Investor Ears This Week
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