TME Stock: Price, Forecast, Financials & AI Analysis

Loading chart...

High

10.230

Open

10.000

VWAP

10.11

Vol

6.44M

Mkt Cap

15.91B

Low

10.000

Amount

65.16M

EV/EBITDA(TTM)

8.69

Total Shares

1.57B

13.19B

EV/OCF(TTM)

9.26

P/S(TTM)

1.67

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

8.5

04-20Newsfilter

PinnedTencent Music Releases 2025 ESG Report Highlighting Sustainability Efforts

2.0

04-20NASDAQ.COM

Atlanta Braves Holdings Shares Rise 5.1% Amid Record MLB Sale

2.0

04-20PRnewswire

Tencent Music Releases 2025 ESG Report

9.5

04-17PRnewswire

Tencent Music Releases Annual Report for FY 2025

9.5

04-17Newsfilter

Tencent Music Releases Annual Report for FY 2025

9.5

04-14PRnewswire

Tencent Music to Report Q1 2026 Financial Results

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.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for TME

Unlock Now

Valuation Metrics

The current forward P/E ratio for Tencent Music Entertainment Group (TME.N) is 10.31, compared to its 5-year average forward P/E of 18.66. 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

18.66

Current PE

10.31

Overvalued PE

26.43

Undervalued PE

10.88

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

12.92

Current EV/EBITDA

0.97

Overvalued EV/EBITDA

18.92

Undervalued EV/EBITDA

6.93

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

3.68

Current PS

0.43

Overvalued PS

5.48

Undervalued PS

1.88

Financials

AI Analysis

Annual

Quarterly

Related Community Screener

which 5 stocks are a strong buy today

Intellectia · 59 candidates

Market Cap: >= 5.00BRegion: USQuarter Revenue Yoy Growth: >= 10.0%Analyst Consensus: Strong BuyList Exchange: XNYS, XNAS, XASETarget Price Upside Potential: MoreAbovePriceShares Outstanding: >= 0One Month Predict Return: >= 0.0%

Ticker

Name

Market Cap$

BROS

Dutch Bros Inc

8.30B

FUTU

Futu Holdings Ltd

19.64B

STN

Stantec Inc

10.05B

MCO

Moody's Corp

79.05B

NTNX

Nutanix Inc

10.48B

MSFT

Microsoft Corp

2.77T

Find me a stock that's undervalued

Intellectia · 8 candidates

Market Cap: >= 10.00BRegion: USQuarter Revenue Yoy Growth: >= 5.0%Pe Ttm: 5 - 12List Exchange: XNYS, XNAS, XASEP/B Ratio: <= 1.50Return On Equity: >= 12.0%

Ticker

Name

Market Cap$

PBR

Petroleo Brasileiro SA Petrobras

133.85B

AER

AerCap Holdings NV

22.26B

ACGL

Arch Capital Group Ltd

33.28B

BBDO

Banco Bradesco SA

34.06B

BBD

Banco Bradesco SA

36.89B

TME

Tencent Music Entertainment Group

14.61B

best undervalued stocks

Intellectia · 78 candidates

Market Cap: >= 2.00BRegion: USPe Ttm: 3 - 15List Exchange: XNYS, XNAS, XASEP/B Ratio: 0.30 - 2.00Return On Equity: >= 10.0%Annual Revenue Yoy Growth: >= 5.0%

Ticker

Name

Market Cap$

CALM

Cal-Maine Foods Inc

4.13B

SM Energy Co

6.39B

RCI

Rogers Communications Inc

21.31B

APA

APA Corp (US)

12.67B

MTDR

Matador Resources Co

7.16B

VIRT

Virtu Financial Inc

6.16B

strong buy atocks

Intellectia · 52 candidates

Market Cap: >= 2.00BAnalyst Consensus: Strong BuyList Exchange: XNYS, XNAS, XASETarget Price Upside Potential: MoreAbovePriceMoving Average Relationship: PriceAboveMA20Monthly Average Dollar Volume: >= 1,000,000

Ticker

Name

Market Cap$

AMZN

Amazon.com Inc

2.27T

UBER

Uber Technologies Inc

153.66B

APP

Applovin Corp

152.89B

PANW

Palo Alto Networks Inc

136.64B

INTU

Intuit Inc

125.09B

NOW

ServiceNow Inc

120.16B

undervalued stocks

Intellectia · 29 candidates

Market Cap: >= 5.00BPe Ttm: 3 - 12List Exchange: XNYS, XNAS, XASEP/B Ratio: <= 1.50Return On Equity: >= 12.0%

Ticker

Name

Market Cap$

PBR

Petroleo Brasileiro SA Petrobras

119.67B

CMCSA

Comcast Corp

108.51B

EQNR

Equinor ASA

87.92B

NWG

NatWest Group PLC

59.61B

BBD

Banco Bradesco SA

37.34B

BBDO

Banco Bradesco SA

33.42B

undervalued stock tech

Intellectia · 18 candidates

Sector: Financial Technology (Fintech) & Infrastructure, Technology, Technology EquipmentQuarter Revenue Yoy Growth: >= 5.0%Pe Ttm: 5 - 20List Exchange: XNYS, XNAS, XASEP/B Ratio: 0.50 - 3.00Ev Ebitda: 3 - 15

Ticker

Name

Market Cap$

VEON

VEON Ltd

3.78B

TIGO

Millicom International Cellular SA

12.25B

TME

Tencent Music Entertainment Group

21.90B

CLSK

CleanSpark Inc

2.73B

PDD

PDD Holdings Inc

143.65B

ERIC

Telefonaktiebolaget LM Ericsson

38.03B

what should i buy with 20 dollars

Intellectia · 45 candidates

Market Cap: >= 2.00BRegion: USPrice: $5.00 - $20.00Analyst Consensus: Strong Buy, Moderate BuyPe Ttm: 5 - 30List Exchange: XNYS, XNAS, XASETarget Price Upside Potential: MoreAbovePrice, AbovePrice

Ticker

Name

Market Cap$

Energy Transfer LP

65.30B

PCG

PG&E Corp

40.35B

HBAN

Huntington Bancshares Inc

36.56B

TME

Tencent Music Entertainment Group

23.54B

Permian Resources Corp

14.89B

ARCC

Ares Capital Corp

13.75B

tech stocks price cross 50 ma

Intellectia · 63 candidates

Sector: Financial Technology (Fintech) & Infrastructure, Software & IT Services, Technology, Technology EquipmentList Exchange: XNAS, XNYS, XASEMoving Average Relationship: PriceCrossAboveMA20, PriceCrossDownMA20

Ticker

Name

Market Cap$

Mastercard Inc

482.26B

INTC

Intel Corp

235.37B

NET

Cloudflare Inc

63.04B

NXPI

NXP Semiconductors NV

59.55B

DDOG

Datadog Inc

45.47B

MCHP

Microchip Technology Inc

41.59B

information technology

Intellectia · 58 candidates

Sector: Financial Technology (Fintech) & Infrastructure, Software & IT Services, Technology, Technology Equipment, Telecommunications ServicesRegion: USRsi Category: moderate, oversoldList Exchange: XNYS, XNAS, XASEMoving Average Relationship: PriceAboveMA5One Day Predict Return: >= 0.5%Monthly Average Dollar Volume: >= 300,000

Ticker

Name

Market Cap$

JBL

Jabil Inc

25.64B

BKYI

BIO-Key International Inc

7.20M

DoubleVerify Holdings Inc

1.76B

TME

Tencent Music Entertainment Group

26.28B

SSTK

Shutterstock Inc

699.75M

Telus Corp

21.62B

any other ones to buy?

Intellectia · 28 candidates

Market Cap: >= 10.00BBeta: ModerateRiskWeekly Average Turnover: >= 1,000,000Pe Ttm: <= 15Annual Eps Yoy Growth: >= 15.0%

Ticker

Name

Market Cap$

NVO

Novo Nordisk A/S

263.42B

PDD

PDD Holdings Inc

150.37B

BBVA

Banco Bilbao Vizcaya Argentaria SA

141.76B

PNC

PNC Financial Services Group Inc

91.17B

USB

US Bancorp

86.26B

TFC

Truist Financial Corp

63.15B

Whales Holding TME

Schroder Investment Management North America Inc.

Fullerton Fund Management Company Ltd.

Cantillon Capital Management LLC

Schroder Investment Management (Singapore) Ltd.

Schroder Investment Management (Hong Kong) Ltd.

Trading Trends

People Also Watch

Frequently Asked Questions

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

The current price of TME is 10.11 USD — it has increased 0.3

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 USD, decreased -100.00

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

Tencent Music Entertainment Group (TME) has 5690 emplpoyees as of April 21 2026.

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

Today TME has the market capitalization of 15.91B 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?