Tencent Music Entertainment Group

$18.36
(as of Jun 23, 4:00 PM EST)

Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.

Ticker Information for Tencent Music Entertainment Group

Stock Price
$18.36
Ticker Symbol
TME
Exchange
NYSE

Industry Information for Tencent Music Entertainment Group

Sector
Communication Services
Industry
Internet Content & Information

Company Description for Tencent Music Entertainment Group

Country
USA
Full Time Employees
5,353

Tencent Music Entertainment Group operates online music entertainment platforms that provides 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, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Fundamentals for Tencent Music Entertainment Group

Market Capitalization
$21,454,125,056
EBITDA
$8,287,000,064
Dividends per Share
$1.31
P/E Ratio
24.67
Forward P/E Ratio
18.28
Earnings per Share
$0.58
Earnings per Share Estimate Next Year
Profit Margin
23.39%
Shares Outstanding
708,443,008
Percent Owned by Insiders
0.00%
Percent Owned by Institutions
74.10%
52-Week High
52-Week Low

Technical Indicators for Tencent Music Entertainment Group

50-Day Moving Average
200-Day Moving Average
RSI
60.6
0.63

Analyst Ratings for Tencent Music Entertainment Group

Strong Buy
20
Buy
10
Hold
2
Sell
0
Strong Sell
0

News About Tencent Music Entertainment Group

Jun 19, 2025, 8:30 PM EST
(Bloomberg) -- China tech investors weary of the nation’s relentless price competition can look to one pocket that’s thriving by moving in the opposite direction: online music. See more.
Jun 12, 2025, 8:26 AM EST
0744 GMT – BE Semiconductor Industries shares should get a boost from news that the Dutch manufacturer of chip-making equipment raised its long-term targets, ING’s Marc Hesselink says in a research note. See more.
Jun 10, 2025, 12:08 PM EST
The S&P 500 was up in late-morning trading Tuesday, while the Dow Jones Industrial Average and Nasda See more.
Jun 10, 2025, 9:45 AM EST
Investing.com -- Tencent Music Entertainment Group (NYSE:TME) shares rose 5.4% on Tuesday following news that the company will acquire Chinese podcast platform Ximalaya in a $2.4 billion cash-and-stock transaction. See more.