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Tencent Music Entertainment Group American Depositary Shares each representing two Class A (TME)

$8.33

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Key data on TME

Market cap

$13.11B

EPS

1.02

P/E ratio

7.9

Price to sales

2.69

Dividend yield

2.881%

Beta

0.774096

Price on TME

Previous close

$8.49

Today's open

$8.42

Day's range

$8.19 - $8.47

52 week range

$7.66 - $23.51

Profile about TME

CEO

Zhu Liang

Employees

5185

Headquarters

Shenzhen,

Exchange

New York Stock Exchange

Shares outstanding

1.57B

Issue type

American Depository Receipt

TME industries and sectors

Media & Telecommunications

Interactive Multi-Media

News on TME

JJ Lin, Tia Ray & Lil Ghost Take the Formula 1 Singapore Grand Prix Stage With Support From TME

SINGAPORE, Oct. 20, 2026 /PRNewswire/ -- JJ Lin, Tia Ray and Lil Ghost brought their distinctive sounds to the Formula 1 Singapore Grand Prix on October 9, 2026, energizing the evening's entertainment in Singapore with performances that brought music and motorsport together for a global audience. The appearances were part of Tencent Music Entertainment Group (TME)'s efforts to bring leading artists from the Chinese-language music scene to international stages.

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PRNewsWire • Oct 20, 2026

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Tencent Music Entertainment Group to Report Third Quarter 2026 Financial Results on November 17, 2026

SHENZHEN, China, Oct. 13, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the third quarter of 2026 before the U.S. market opens on Tuesday, November 17, 2026. TME's management will host a Tencent Meeting Webinar on Tuesday, November 17, 2026, at 6:00 A.M.

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PRNewsWire • Oct 13, 2026

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Tencent Music's 2026 Outlook: $400 Million Share Repurchase Program Reflects Financial Discipline

The subscription-focused pivot has significantly improved operational profitability and long-term financial health. Regulatory oversight and intense competition from short-form video platforms remain persistent threats.

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The Motley Fool • Sep 16, 2026

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Tencent Music: The Market Is Pricing In Too Much Weakness

Tencent Music is rated 'Buy' due to its discounted valuation and resilient membership-driven profitability, despite muted user growth. TME's investment thesis centers on recurring membership economics, prudent cost control, and the integration of Ximalaya to enhance product offerings. Forward P/E is approximately 8.8x, with a fair value estimate of $11.80/ADS, reflecting both regulatory risks and execution uncertainty.

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Seeking Alpha • Sep 16, 2026

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Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering

SHENZHEN, China, Sept. 10, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced the closing of its public offering of US$1,000 million aggregate principal amount of senior unsecured notes consisting of US$500 million of 5.050% notes due 2031 and US$500 million of 5.650% notes due 2036.

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PRNewsWire • Sep 10, 2026

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Tencent Music Entertainment Group Announces Pricing of US$1,000 Million Notes Offering

SHENZHEN, China, Sept. 3, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced its public offering of US$1,000 million aggregate principal amount of its senior unsecured notes.

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PRNewsWire • Sep 3, 2026

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Tencent Music Entertainment Group Announces Notes Offering

SHENZHEN, China, Sept. 1, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced its proposed public offering (the "Proposed Offering") of its senior unsecured notes in one or more tranches, subject to market conditions and other factors.

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PRNewsWire • Sep 1, 2026

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Why Tencent Music Stock Sank This Week

Tencent Music's Q2 sales and earnings surpassed the average Wall Street analyst targets. Overall business momentum looked solid, but performance in some categories slipped.

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The Motley Fool • Aug 15, 2026

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Tencent Music: Buy Fan Economy And AI Shift When Market Sells The Dip

Tencent Music Entertainment is actively transitioning from traditional streaming to a fan-centered, IP-driven monetization model, leveraging concerts, merchandise, and premium content. I remain bullish on TME, targeting a $18.69 share price (121% upside), supported by dominant market share, strategic acquisitions of Ximalaya and AI integration. TME's AI adoption accelerates music creation, enhances user engagement, and reduces operational expenses, positioning TME ahead in digital music and audio.

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Seeking Alpha • Aug 15, 2026

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Tencent Music: Organic Deceleration And Competition Weigh On Outlook (Rating Downgrade)

Tencent Music (TME) is downgraded to Hold from Buy due to intensifying competition, especially from ByteDance's Soda Music. Organic revenue growth decelerated, with management acknowledging user churn among casual users and rising operating expenses to retain users. Social entertainment revenue declined 17% y/y, weighing on PnL despite 11% y/y growth in music services; macro headwinds persist.

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Seeking Alpha • Aug 12, 2026

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