TME icon

Tencent Music

16.96 USD
-0.03
0.18%
Updated May 22, 11:52 AM EDT
1 day
-0.18%
5 days
1.98%
1 month
35.79%
3 months
30.66%
6 months
47.09%
Year to date
49.82%
1 year
15.22%
5 years
41.92%
10 years
21.14%
 

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 7,245 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

83% more call options, than puts

Call options by funds: $56.2M | Put options by funds: $30.7M

34% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 38

33% more capital invested

Capital invested by funds: $5.2B [Q4 2024] → $6.9B (+$1.71B) [Q1 2025]

1.42% more ownership

Funds ownership: 26.68% [Q4 2024] → 28.1% (+1.42%) [Q1 2025]

1% more funds holding

Funds holding: 292 [Q4 2024] → 296 (+4) [Q1 2025]

7% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 100

11% less funds holding in top 10

Funds holding in top 10: 9 [Q4 2024] → 8 (-1) [Q1 2025]

Research analyst outlook

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

Low target
$17
0%
upside
Avg. target
$17
0%
upside
High target
$17
0%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Mizuho
Wei Fang
0%upside
$17
Outperform
Maintained
19 Mar 2025

Financial journalist opinion

Based on 10 articles about TME published over the past 30 days

Neutral
PRNewsWire
2 days ago
Tencent Music Entertainment Group to Hold Annual General Meeting on June 27, 2025
SHENZHEN, China , May 20, 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 will hold its annual general meeting of shareholders (the "AGM") at 10/F, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong on Friday, June 27, 2025 at 10 a.m. (Beijing/Hong Kong time) for the purposes of considering and, if thought fit, passing the resolutions as set forth in the notice of the AGM (the "AGM Notice").
Tencent Music Entertainment Group to Hold Annual General Meeting on June 27, 2025
Positive
Investors Business Daily
2 days ago
Tencent Stock And An Irish Name Top This Global Leaders List
China-based Tencent stock sits just above a buy zone of a base. And an Ireland-based stock hit a record high Monday.
Tencent Stock And An Irish Name Top This Global Leaders List
Positive
Seeking Alpha
4 days ago
Tencent Music: Hitting A High Note
Upgrade Tencent Music to Buy from Sell, citing strong Q1 results, margin improvement, and robust subscription growth. Music subscription momentum is driven by rising ARPU, paying users, and premium tier adoption, offsetting weakness in social entertainment. Potential M&A, especially with Ximalaya, could enhance content, user stickiness, and ARPU, though likely via dilutive stock transactions.
Tencent Music: Hitting A High Note
Neutral
Seeking Alpha
1 week 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
1 week 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
1 week 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
2 weeks 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
3 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
4 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
4 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
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