B
Bull
Bull · 25%TME
$20.73
Scenario price
$8.630
-0.020 (-0.23%)At close
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- High
- 8.750
- Open
- 8.700
- VWAP
- 8.66
- Volume
- 4.23M
- Mkt Cap
- 23.97B
- Low
- 8.590
- Amount
- 36.63M
- EV/EBITDA, TTM
- 0.56
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)
HoldTencent Music Entertainment Group (TME) is currently priced at $8.63, which is below several analyst price targets, including $15 from Mizuho and $9.50 from UBS. However, the stock has a high RSI of 78.315, indicating it may be overbought in the short term. With a forward P/E of 7.6923 and a gross margin of 44.21%, the fundamentals are strong, but the recent trend shows a significant year-to-date decline of 51.68%. The main risk is the declining revenue growth in the core music segment, which has led to recent downgrades by analysts, suggesting caution before making a purchase.
Valuation Metrics
The current forward P/E ratio for Tencent Music Entertainment Group (TME) is 7.69, compared to its 5-year average forward P/E of 16.28.
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
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8.510-13CNBCCXMT's Breakthrough Sparks Market Turmoil
9.510-13PRnewswireTencent Music to Report Q3 2026 Financial Results on November 17
8.510-13CNBCVisa Receives Approval for Bank Card Clearing in China
8.510-13CNBCChina's Gold Purchases Propel Yuan Internationalization
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 currently priced at $8.63, which is below several analyst price targets, including $15 from Mizuho and $9.50 from UBS. However, the stock has a high RSI of 78.315, indicating it may be overbought in the short term. With a forward P/E of 7.6923 and a gross margin of 44.21%, the fundamentals are strong, but the recent trend shows a significant year-to-date decline of 51.68%. The main risk is the declining revenue growth in the core music segment, which has led to recent downgrades by analysts, suggesting caution before making a purchase.
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