B
Bull
Bull · 25%TME
$20.73
Scenario price
$8.560
-0.098 (-1.15%)At close
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- High
- 8.850
- Open
- 8.790
- VWAP
- 8.65
- Vol
- 6.69M
- Mkt Cap
- 23.97B
- Low
- 8.530
- Amount
- 57.85M
- EV/EBITDA, TTM
- 0.55
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.
AI analysis of Tencent Music Entertainment Group (TME)
sellTencent Music Entertainment Group (TME) is not a good buy right now. The current price is $8.56, which is significantly below the analyst price targets ranging from $9.30 to $15, indicating a lack of confidence in the stock's near-term performance. Additionally, the RSI is at 33.277, suggesting that the stock is oversold, but the negative momentum and recent downgrades from multiple analysts highlight ongoing challenges. The most significant risk is the 52.07% year-to-date decline, which reflects broader issues in the music streaming industry and competition.
Valuation Metrics
The current forward P/E ratio for Tencent Music Entertainment Group (TME) is 9.44, compared to its 5-year average forward P/E of 16.70.
Alphio AI Price Scenarios for TME
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.
Whales holding TME
Events Timeline
News
8.508-28CNBCDeepSeek's Funding and Market Dynamics Analysis
9.508-25CNBCXpeng's Delivery Forecast Falls Short of Expectations
1.008-24Yahoo Finance2026 TMElive International Music Awards Concludes with Global Celebration
6.508-24CNBCFund Manager Bets on Undervalued Stocks Like Ping An Insurance
8.508-24CNBCAlibaba Shares Plunge After $10.2 Billion Share Placement Announcement
TME FAQ — answered by Alphio AI
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. It operates in the Technology sector (RADIO BROADCASTING STATIONS industry).
Tencent Music Entertainment Group (TME) is not a good buy right now. The current price is $8.56, which is significantly below the analyst price targets ranging from $9.30 to $15, indicating a lack of confidence in the stock's near-term performance. Additionally, the RSI is at 33.277, suggesting that the stock is oversold, but the negative momentum and recent downgrades from multiple analysts highlight ongoing challenges. The most significant risk is the 52.07% year-to-date decline, which reflects broader issues in the music streaming industry and competition.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.