TME Stock: Price, Forecast, Financials & AI Analysis

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High

9.450

Open

9.210

VWAP

9.33

Vol

2.81M

Mkt Cap

14.54B

Low

9.180

Amount

26.22M

EV/EBITDA(TTM)

8.69

Total Shares

1.57B

13.19B

EV/OCF(TTM)

9.26

P/S(TTM)

1.58

Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company 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 Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio.

Events Timeline

(ET)

2026-03-17

16:40:00

Major Averages Close Fractionally Higher, WTI Crude Near $96

2026-03-17

12:10:00

Tencent Music Shares Down 22% to $11.78

News

3.5

05-06CNBC

China's AI Competition Intensifies as SenseTime Adapts

8.5

05-03CNBC

Hang Seng Tech Index Set for AI Company Inclusions

3.5

04-28CNBC

Chinese Startups Drive AI Hardware Development

8.5

04-24CNBC

Foreign Automakers Catch Up with Local Rivals in China

3.5

04-23CNBC

Artificial Intelligence Set to Disrupt Gaming Industry

8.5

04-21CNBC

Volkswagen Introduces AI Voice Assistant in China

8 Analyst Rating

Wall Street analysts forecast TME stock price to rise

6 Buy

2 Hold

0 Sell

Strong Buy

Current: 0.000

Low

21.00

Averages

26.13

High

29.00

Current: 0.000

Low

21.00

Averages

26.13

High

29.00

Morgan Stanley

Overweight

Equal Weight

downgrade

$25

AI Analysis

2026-03-19

Reason

Morgan Stanley

Price Target

$25

AI Analysis

2026-03-19

downgrade

Overweight

Equal Weight

Reason

Morgan Stanley downgraded Tencent Music to Equal Weight from Overweight with a price target of $12.30, down from $25. The market, and the firm, significantly underestimated the competitive risk at the lower end from Soda Music, says the analyst, who adds that the market has started to debate whether Tencent Music's moat can work.

Barclays

Overweight

downgrade

$28 -> $20

2026-03-19

Reason

Barclays

Price Target

$28 -> $20

2026-03-19

downgrade

Overweight

Reason

Barclays lowered the firm's price target on Tencent Music to $20 from $28 and keeps an Overweight rating on the shares. The firm says the company's competitive landscape has worsened due to AI-content supply on rival platforms. It sees the company playing "defense" in fiscal 2026.

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Valuation Metrics

The current forward P/E ratio for Tencent Music Entertainment Group (TME.N) is 9.48, compared to its 5-year average forward P/E of 18.27. For a more detailed relative valuation and DCF analysis to assess Tencent Music Entertainment Group's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

18.27

Current PE

9.48

Overvalued PE

25.61

Undervalued PE

10.93

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

12.63

Current EV/EBITDA

4.06

Overvalued EV/EBITDA

18.28

Undervalued EV/EBITDA

6.97

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

3.62

Current PS

0.37

Overvalued PS

5.44

Undervalued PS

1.81

Financials

AI Analysis

Annual

Quarterly

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Trading Trends

People Also Watch

Frequently Asked Questions

What is Tencent Music Entertainment Group (TME) stock price today?

The current price of TME is 9.36 USD — it has increased 1.3

What is Tencent Music Entertainment Group (TME)'s business?

What is the price predicton of TME Stock?

Wall Street analysts forecast TME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TME is26.13 USD with a low forecast of 21.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Tencent Music Entertainment Group (TME)'s revenue for the last quarter?

Tencent Music Entertainment Group revenue for the last quarter amounts to 8.64B USD, increased 15.86

What is Tencent Music Entertainment Group (TME)'s earnings per share (EPS) for the last quarter?

Tencent Music Entertainment Group. EPS for the last quarter amounts to 0.70 USD, increased 11.11

How many employees does Tencent Music Entertainment Group (TME). have?

Tencent Music Entertainment Group (TME) has 5690 emplpoyees as of May 11 2026.

What is Tencent Music Entertainment Group (TME) market cap?

Today TME has the market capitalization of 14.54B USD.

TME Overview

TME Overview

Events Timeline

News

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Related Community Screener

Whales Holding TME

Trading Trends

People Also Watch

Frequently Asked Questions

What is Tencent Music Entertainment Group (TME) stock price today?

What is Tencent Music Entertainment Group (TME)'s business?

What is the price predicton of TME Stock?

What is Tencent Music Entertainment Group (TME)'s revenue for the last quarter?

What is Tencent Music Entertainment Group (TME)'s earnings per share (EPS) for the last quarter?

How many employees does Tencent Music Entertainment Group (TME). have?

What is Tencent Music Entertainment Group (TME) market cap?