B
Bull
Bull · 25%TME
$20.73
Scenario price
$8.480
-0.030 (-0.35%)At close
Loading chart…
- High
- 8.555
- Open
- 8.470
- VWAP
- 8.48
- Volume
- 5.42M
- Mkt Cap
- 23.97B
- Low
- 8.400
- Amount
- 45.98M
- 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)
HoldTencent Music Entertainment Group (TME) is currently a hold. The stock is priced at $8.51, which is significantly below the analyst price targets ranging from $9.30 to $15. However, the stock has experienced a year-to-date decline of 52.35%, indicating substantial volatility and potential risk. The RSI is at 53.83, suggesting it is neither overbought nor oversold, which supports a cautious approach. The main risk is the forward P/E ratio of 7.69, indicating that while the stock is undervalued, it may reflect underlying challenges in growth and competition.
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 16.20.
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
7.010-21CNBCWebull Employee Allegedly Accessed U.S. Customer Data from China
2.010-13NewsfilterCXMT's Design Progress Shakes Memory Chip Market
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
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 a hold. The stock is priced at $8.51, which is significantly below the analyst price targets ranging from $9.30 to $15. However, the stock has experienced a year-to-date decline of 52.35%, indicating substantial volatility and potential risk. The RSI is at 53.83, suggesting it is neither overbought nor oversold, which supports a cautious approach. The main risk is the forward P/E ratio of 7.69, indicating that while the stock is undervalued, it may reflect underlying challenges in growth and competition.
Community
More ↗No posts yet
Sign up or log in to join the discussionThis page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.