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Tencent Music Entertainment Group (TME) Stock Price, News & Analysis

Tencent Music Entertainment Group (TME) Stock Price, News & Analysis

Currency in USD Disclaimer

$11.54

$0.02

(0.17%)

Day's range
$11.17
Day's range
$11.57
50-day range
$9.41
Day's range
$14.05
  • Country: CN
  • ISIN: US88034P1093
52 wk range
$7.93
Day's range
$15.77


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Analyst Ratings

Key Stats

Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.

Stock Score/grades

The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company

  • Altman Z Score 1.76
  • Piotroski Score 6.00
  • Grade Buy
  • Symbol (TME)
  • Company Tencent Music Entertainment Group
  • Price $11.54
  • Changes Percentage (0.17%)
  • Change $0.02
  • Day Low $11.17
  • Day High $11.57
  • Year High $15.77

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

  • Last Earnings 05/13/2024
  • Ex-Dividend for 5/16 Dividend 05/31/2024
  • Dividend Payable 06/27/2024
  • Today N/A
  • Next Earnings (Estimated) 03/18/2025
  • Fiscal Year End N/A

  • Average Stock Price Target $14.00
  • High Stock Price Target $24.00
  • Low Stock Price Target $9.00
  • Potential Upside/Downside N/A
  • Consensus Rating Buy
  • Rating Score (0-4) N/A
  • Research Coverage N/A

  • EPS (Most Recent Fiscal Year) $0.46
  • Trailing P/E Ratio 30.59
  • Forward P/E Ratio 30.59
  • P/E Growth 30.59
  • Net Income $4.92 B

Income Statement

Quarterly

Annual

Latest News of TME

The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.

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Tencent Music Entertainment Group Frequently Asked Questions

  • What is the Tencent Music Entertainment Group stock price today?

    Today's price of Tencent Music Entertainment Group is $11.54 — it has increased by +0.17% in the past 24 hours. Watch Tencent Music Entertainment Group stock price performance more closely on the chart.

  • Does Tencent Music Entertainment Group release reports?

    Yes, you can track Tencent Music Entertainment Group's financials in yearly and quarterly reports directly on Stocks.News.

  • What is the Tencent Music Entertainment Group stock forecast?

    Watch the Tencent Music Entertainment Group chart and read a more detailed Tencent Music Entertainment Group stock forecast to see what analysts suggest you do with its shares.

  • What is Tencent Music Entertainment Group stock ticker?

    The stock ticker can vary on the respective exchange. For instance, on NYSE, exchange stock trades by Tencent Music Entertainment Group stock ticker.

  • How to buy Tencent Music Entertainment Group stocks?

    Like other stocks, TME shares are sold on stock exchanges such as NYSE. The best way to obtain them is through an online stock broker. Open an account, follow the broker's steps, and start trading.

  • What is Tencent Music Entertainment Group's EBITDA?

    Tencent Music Entertainment Group measures a company's operating performance, and its growth indicates efficiency improvements. Access more stats in Tencent Music Entertainment Group’s financial statements.

  • What is the Tencent Music Entertainment Group's net income ratio for the financial year 2023?

    The net income ratio for the financial year 2023 is 0.17728452, which equates to approximately 17.73%. This ratio indicates the percentage of net income generated from total revenue and serves as a key measure of a company’s profitability.

  • Should I invest in Tencent Music Entertainment Group stocks?

    Investing in stocks requires thorough research. Carefully examine all available data, including Tencent Music Entertainment Group's financials relevant news, and technical analysis. Tencent Music Entertainment Group's technical analysis shows a “buy” rating today and a one-week “buy” rating. Since market conditions can change, it’s wise to look at longer-term trends — the one-month rating for Tencent Music Entertainment Group stock currently indicates a “sell” signal. For more insights, review Tencent Music Entertainment Group’s technical analysis.

  • A revenue figure for Tencent Music Entertainment Group for its last quarter?

    Tencent Music Entertainment Group published it's last quarterly revenues at $7.02 B.

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