Logo image of TME

TENCENT MUSIC ENTERTAINM-ADR (TME) Stock Price, Quote, News and Overview

NYSE:TME - New York Stock Exchange, Inc. - US88034P1093 - ADR - Currency: USD

14.38  +1.55 (+12.08%)

After market: 14.5 +0.12 (+0.83%)

TME Quote, Performance and Key Statistics

TENCENT MUSIC ENTERTAINM-ADR

NYSE:TME (2/21/2025, 8:04:00 PM)

After market: 14.5 +0.12 (+0.83%)

14.38

+1.55 (+12.08%)

Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryMovies & Entertainment
Statistics
52 Week High15.77
52 Week Low9.15
Market Cap24.30B
Shares1.69B
Float434.99M
Yearly DividendN/A
Dividend Yield1.04%
PE23.57
Fwd PE19.34
Earnings (Next)03-17 2025-03-17/amc
IPO12-12 2018-12-12


TME short term performance overview.The bars show the price performance of TME in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40

TME long term performance overview.The bars show the price performance of TME in the last 1, 2 and 3 years. 1 year 2 years 3 years 50 100 150

The current stock price of TME is 14.38 USD. In the past month the price increased by 30.14%. In the past year, price increased by 40.57%.

TENCENT MUSIC ENTERTAINM-ADR / TME Daily stock chart

TME Competitors/Peers

The largest stocks on the US markets in the "Movies & Entertainment" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
NFLX NETFLIX INC 50.59 429.11B
DIS WALT DISNEY CO/THE 19.76 196.43B
SPOT SPOTIFY TECHNOLOGY SA 105.63 123.81B
LYV LIVE NATION ENTERTAINMENT IN 54.93 34.71B
TKO TKO GROUP HOLDINGS INC 36.76 27.12B
WBD WARNER BROS DISCOVERY INC N/A 26.45B
WMG WARNER MUSIC GROUP CORP-CL A 28.44 18.35B
EDR ENDEAVOR GROUP HOLD-CLASS A 15.61 14.40B
ROKU ROKU INC N/A 12.90B
MSGS MADISON SQUARE GARDEN SPORTS 85.7 4.88B
CNK CINEMARK HOLDINGS INC 13.52 3.36B
BATRA ATLANTA BRAVES HOLDINGS IN-A N/A 2.70B

About TME

Company Profile

TME logo image Tencent Music Entertainment Group is a CN-based company operating in Entertainment industry. The company is headquartered in Shenzhen, Guangdong and currently employs 5,185 full-time employees. The company went IPO on 2018-12-12. Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The firm is mainly engaged in the provision of online music services, social entertainment services and other services. The firm 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 firm also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The firm is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The firm mainly conducts its businesses in domestic and overseas markets.

Company Info

TENCENT MUSIC ENTERTAINM-ADR

12/F, Unit 3, Building D, Kexing Science Park, Kejizhongsan Avenue, Hi-Tech Park, Nanshan District

Shenzhen GUANGDONG 518057 CN

CEO: Cussion Kar Shun Pang

Employees: 5185

Company Website: https://www.tencentmusic.com/

Investor Relations: https://ir.tencentmusic.com/

Phone: 8675586013388.0

TENCENT MUSIC ENTERTAINM-ADR / TME FAQ

What is the stock price of TENCENT MUSIC ENTERTAINM-ADR today?

The current stock price of TME is 14.38 USD. The price increased by 12.08% in the last trading session.


What is the ticker symbol for TENCENT MUSIC ENTERTAINM-ADR stock?

The exchange symbol of TENCENT MUSIC ENTERTAINM-ADR is TME and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is TME stock listed?

TME stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for TENCENT MUSIC ENTERTAINM-ADR stock?

34 analysts have analysed TME and the average price target is 14.65 USD. This implies a price increase of 1.87% is expected in the next year compared to the current price of 14.38. Check the TENCENT MUSIC ENTERTAINM-ADR stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is TENCENT MUSIC ENTERTAINM-ADR worth?

TENCENT MUSIC ENTERTAINM-ADR (TME) has a market capitalization of 24.30B USD. This makes TME a Large Cap stock.


How many employees does TENCENT MUSIC ENTERTAINM-ADR have?

TENCENT MUSIC ENTERTAINM-ADR (TME) currently has 5185 employees.


What are the support and resistance levels for TENCENT MUSIC ENTERTAINM-ADR (TME) stock?

TENCENT MUSIC ENTERTAINM-ADR (TME) has a support level at 10.97. Check the full technical report for a detailed analysis of TME support and resistance levels.


Is TENCENT MUSIC ENTERTAINM-ADR (TME) expected to grow?

The Revenue of TENCENT MUSIC ENTERTAINM-ADR (TME) is expected to grow by 2.45% in the next year. Check the estimates tab for more information on the TME EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy TENCENT MUSIC ENTERTAINM-ADR (TME) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does TENCENT MUSIC ENTERTAINM-ADR (TME) stock pay dividends?

TENCENT MUSIC ENTERTAINM-ADR (TME) has a dividend yield of 1.04%. The yearly dividend amount is currently 0. Check the full fundamental report for a detailed analysis of TME dividend history, reliability and sustainability.


When does TENCENT MUSIC ENTERTAINM-ADR (TME) report earnings?

TENCENT MUSIC ENTERTAINM-ADR (TME) will report earnings on 2025-03-17, after the market close.


What is the Price/Earnings (PE) ratio of TENCENT MUSIC ENTERTAINM-ADR (TME)?

The PE ratio for TENCENT MUSIC ENTERTAINM-ADR (TME) is 23.57. This is based on the reported non-GAAP earnings per share of 0.61 and the current share price of 14.38 USD. Check the full fundamental report for a full analysis of the valuation metrics for TME.


What is the Short Interest ratio of TENCENT MUSIC ENTERTAINM-ADR (TME) stock?

The outstanding short interest for TENCENT MUSIC ENTERTAINM-ADR (TME) is 4.74% of its float. Check the ownership tab for more information on the TME short interest.


TME Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to TME. When comparing the yearly performance of all stocks, TME is one of the better performing stocks in the market, outperforming 91% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

TME Fundamental Analysis

ChartMill assigns a fundamental rating of 7 / 10 to TME. TME gets an excellent profitability rating and is at the same time showing great financial health properties.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

TME Financial Highlights

Over the last trailing twelve months TME reported a non-GAAP Earnings per Share(EPS) of 0.61. The EPS increased by 21.31% compared to the year before.


Industry RankSector Rank
PM (TTM) 20.37%
ROA 6.77%
ROE 9.11%
Debt/Equity 0.1
Chartmill High Growth Momentum
EPS Q2Q%30.34%
Sales Q2Q%6.79%
EPS 1Y (TTM)21.31%
Revenue 1Y (TTM)-1.58%

TME Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 82% to TME. The Buy consensus is the average rating of analysts ratings from 34 analysts.

For the next year, analysts expect an EPS growth of 23.98% and a revenue growth 2.45% for TME


Ownership
Inst Owners58.46%
Ins OwnersN/A
Short Float %4.74%
Short Ratio3.07
Analysts
Analysts82.35
Price Target14.65 (1.88%)
EPS Next Y23.98%
Revenue Next Year2.45%