TME Stock: Price, Forecast, Financials & AI Analysis

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High

8.840

Open

8.700

VWAP

8.68

Vol

4.01M

Mkt Cap

13.57B

Low

8.585

Amount

34.84M

EV/EBITDA(TTM)

8.28

Total Shares

1.57B

EV

12.96B

EV/OCF(TTM)

9.16

P/S(TTM)

1.40

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.

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Events Timeline

(ET)

2026-05-12

16:20:00

Major Averages Finish Mixed as Semiconductor Stocks Pull Back

2026-05-12

12:00:00

Nasdaq Declines as Semiconductor Stocks Pull Back

2026-05-12

09:00:00

Nasdaq Under Pressure as Semiconductor Stocks Pull Back

2026-05-12

05:30:00

Tencent Music Reports Q1 Revenue of $1.15B

2026-05-11 (ET)

2026-05-11

14:40:00

Several Companies Reporting Earnings Before Tomorrow's Open

News

CNBC

Chinese Smart Glasses Startup Becomes Unicorn After Funding Round

CNBC

Kuaishou Technology Injects $2.8 Billion into AI Subsidiary

PRnewswire

06-30PRnewswire

Tencent Music AGM Approves All Proposed Resolutions

CNBC

Chinese Tech Firms Enter New Phase of Global Expansion

NASDAQ.COM

06-29NASDAQ.COM

Analysis of Analyst Target Prices for SPDR China ETF

CNBC

Ticket Market Faces Bot Competition and Regulation

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

JPMorgan

Neutral

to

Hold

downgrade

$12 -> $10

AI Analysis

2026-05-14

Reason

JPMorgan

Price Target

$12 -> $10

AI Analysis

2026-05-14

downgrade

Neutral

to

Hold

Reason

JPMorgan lowered the firm's price target on Tencent Music to $10 from $12 and keeps a Neutral rating on the shares.

Mizuho

Wei Fang

Outperform

to

NULL

downgrade

$23 -> $18

2026-05-13

Reason

Mizuho

Wei Fang

Price Target

$23 -> $18

2026-05-13

downgrade

Outperform

to

NULL

Reason

Mizuho analyst Wei Fang lowered the firm's price target on Tencent Music to $18 from $23 and keeps an Outperform rating on the shares. The firm says the company's competition risks remain elevated and execution will take time, as evidenced by its further revenue deceleration. Tencent Music;s primary competitor remains private and could continue to invest irrationally for the time being, creating a share overhang that is likely to persist near-term, the analyst tells investors in a research note.

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Valuation Metrics

The current forward P/E ratio for Tencent Music Entertainment Group (TME.N) is 9.07, compared to its 5-year average forward P/E of 17.39. 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.

dotted line Image

5Y Average PE

17.39

Current PE

9.07

Overvalued PE

23.89

Undervalued PE

10.90

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.

dotted line Image

5Y Average EV/EBITDA

11.75

Current EV/EBITDA

0.04

Overvalued EV/EBITDA

17.06

Undervalued EV/EBITDA

6.43

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.

dotted line Image

5Y Average PS

3.49

Current PS

0.36

Overvalued PS

5.38

Undervalued PS

1.59

Financials

AI Analysis

Annual

Quarterly

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Frequently Asked Questions

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

The current price of TME is 8.62 USD — it has decreased -1.71

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

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.

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 7.89B USD, increased 7.33

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 0.67 USD, decreased -51.80

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

Tencent Music Entertainment Group (TME) has 5690 emplpoyees as of July 08 2026.

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

Today TME has the market capitalization of 13.57B USD.