11.51

3.97% 0.44

After Hours: 11.51

Tencent Music Entertainment Group Adr (TME)

Overview News Price History Option Chain Discussions Forecast

Tencent Music Entertainment Group Adr stock is traded at $11.51, with a volume of 5.55M. It is up +3.97% in the last 24 hours and up +0.17% over the past month. Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

Previous Close:

$11.07

Open:

$11.36

24h Volume:

5.55M

Relative Volume:

0.64

Market Cap:

$19.26B

Revenue:

$3.81B

Net Income/Loss:

$775.43M

P/E Ratio:

27.42

EPS:

0.4198

Net Cash Flow:

$1.26B

1W Performance:

+0.61%

1M Performance:

+0.17%

6M Performance:

-22.23%

1Y Performance:

+37.02%

1-Day Range:

$11.27

$11.64

1-Week Range:

$11.04

$11.73

52-Week Range:

$7.925

$15.77

Tencent Music Entertainment Group Adr Stock (TME) Company Profile

Name

Tencent Music Entertainment Group Adr

Sector

Communication Services (265)

Industry

Internet Content & Information (72)

Phone

Address

Employee

5,185

Twitter

@TencentGlobal

Next Earnings Date

2024-11-12

Latest SEC Filings

TME's Discussions on Twitter

Compare TME with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
TME Tencent Music Entertainment Group Adr	11.51	19.26B	3.81B	775.43M	1.26B	0.4198
GOOG Alphabet Inc	170.82	2.11T	339.86B	94.27B	55.82B	5.21
GOOGL Alphabet Inc	169.23	2.07T	339.86B	94.27B	55.82B	5.21
META Meta Platforms Inc	569.20	1.44T	156.23B	55.54B	52.10B	11.33
SPOT Spotify Technology S A	475.24	96.31B	16.39B	763.57M	1.97B	-4.0083
DASH Doordash Inc	178.44	74.36B	10.15B	-172.00M	1.78B	-2.69

Tencent Music Entertainment Group Adr Stock (TME) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-06-24	Initiated	Barclays	Overweight
Nov-04-24	Initiated	Bernstein	Outperform
Sep-25-24	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Aug-13-24	Downgrade	Daiwa Securities	Outperform → Neutral
Mar-20-24	Upgrade	Citigroup	Neutral → Buy
Mar-20-24	Upgrade	Goldman	Neutral → Buy
Feb-05-24	Initiated	CLSA	Outperform
Feb-05-24	Initiated	Redburn Atlantic	Buy
Jan-24-24	Upgrade	UBS	Neutral → Buy
Nov-16-23	Upgrade	JP Morgan	Neutral → Overweight
Jul-31-23	Downgrade	Citigroup	Buy → Neutral
Jul-26-23	Downgrade	JP Morgan	Overweight → Neutral
May-17-23	Upgrade	China Renaissance	Hold → Buy
May-17-23	Upgrade	Citigroup	Neutral → Buy
May-17-23	Upgrade	Macquarie	Underperform → Neutral
Apr-24-23	Initiated	Mizuho	Buy
Jan-30-23	Initiated	JP Morgan	Overweight
Jan-13-23	Initiated	Daiwa Securities	Buy
Jan-09-23	Upgrade	Goldman	Sell → Neutral
Dec-01-22	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Nov-21-22	Upgrade	JP Morgan	Neutral → Overweight
Nov-16-22	Upgrade	The Benchmark Company	Hold → Buy
Apr-11-22	Resumed	Goldman	Sell
Feb-18-22	Downgrade	Goldman	Neutral → Sell
Jan-20-22	Downgrade	China Renaissance	Buy → Hold
Dec-28-21	Initiated	The Benchmark Company	Hold
Nov-15-21	Downgrade	UBS	Buy → Neutral
Nov-09-21	Downgrade	Citigroup	Buy → Neutral
Sep-13-21	Downgrade	Loop Capital	Buy → Hold
Aug-18-21	Downgrade	Deutsche Bank	Buy → Hold
Aug-17-21	Downgrade	HSBC Securities	Buy → Hold
Aug-17-21	Downgrade	Macquarie	Neutral → Underperform
Jul-16-21	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Jul-13-21	Resumed	China Renaissance	Buy
Mar-24-21	Downgrade	Goldman	Buy → Neutral
Mar-23-21	Downgrade	China Renaissance	Buy → Hold
Jan-27-21	Downgrade	Macquarie	Outperform → Neutral
Jan-19-21	Reiterated	Oppenheimer	Outperform
Dec-23-20	Reiterated	Needham	Buy
Sep-24-20	Initiated	Needham	Buy
Aug-14-20	Upgrade	Oppenheimer	Perform → Outperform
Jun-30-20	Upgrade	UBS	Neutral → Buy
Mar-12-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Feb-19-20	Downgrade	Oppenheimer	Outperform → Perform
Feb-18-20	Downgrade	KeyBanc Capital Markets	Overweight → Sector Weight
Aug-05-19	Initiated	Jefferies	Buy
Jun-04-19	Initiated	Loop Capital	Buy
Mar-21-19	Downgrade	Credit Suisse	Outperform → Neutral
Feb-12-19	Initiated	Macquarie	Outperform
Jan-18-19	Initiated	HSBC Securities	Buy
Jan-17-19	Initiated	JP Morgan	Overweight
Jan-15-19	Initiated	Morgan Stanley	Equal-Weight
Jan-07-19	Initiated	Goldman	Buy
Jan-07-19	Initiated	KeyBanc Capital Mkts	Overweight
Jan-07-19	Initiated	Morgan Stanley	Equal-Weight
Jan-07-19	Initiated	Stifel	Hold

View All

Tencent Music Entertainment Group Adr Stock (TME) Latest News

Nov 20, 2024

TME vs. TTGT: Which Stock Is the Better Value Option? - MSN

Nov 20, 2024

3 Reasons Why Growth Investors Shouldn't Overlook Tencent Music Entertainment Group (TME) - MSN

Nov 20, 2024

Nov 19, 2024

Spotify Stock Has Soared 142% In 2024. Is It Too Late to Buy? - The Motley Fool

Nov 19, 2024

Nov 14, 2024

Here's Why Tencent Music Entertainment Group (TME) is Poised for a Turnaround After Losing -12.04% in 4 Weeks - Zacks Investment Research

Nov 14, 2024

Nov 13, 2024

HTSC Cuts Tencent Music (TME.US) TP to US$14.03 as SVIP Driving Effect Gradually Emerges - AASTOCKS.com

Nov 13, 2024

Tencent Music Entertainment Group (TME) Q3 2024 Earnings Call Highlights: Strong Growth in ... - Yahoo Finance

Nov 13, 2024

Nov 12, 2024

Citi cuts Tencent Music target to $14.50, maintains buy - Investing.com

Nov 12, 2024

Earnings call: TensorMigs Entertainment posts strong Q3 growth, eyes future - Investing.com

Nov 12, 2024

Tencent Music shares fall nearly 6% as Q3 earnings miss estimates By Investing.com - Investing.com South Africa

Nov 12, 2024

Tencent Music shares fall nearly 6% as Q3 earnings miss estimates - Investing.com India

Nov 12, 2024

Tencent Music Entertainment Group earnings missed by ¥0.12, revenue topped estimates - Investing.com

Nov 12, 2024

Nov 11, 2024

Tencent Music Stock Up Ahead of Earnings: Retail’s Bullish - MSN

Nov 11, 2024

Nov 06, 2024

Tencent Music Entertainment Group ADR (NYSE: TME) Has Been Trading Down. What Are The Prospects For The Future? – Stocks Register - Stocks Register

Nov 06, 2024

Barclays bullish on Tencent Music stock, pay-to-stream shift strikes shows promise - Investing.com

Nov 06, 2024

Barclays bullish on Tencent Music stock, pay-to-stream shift strikes shows promise By Investing.com - Investing.com South Africa

Nov 06, 2024

Nov 05, 2024

Asian Equities Traded in the US as American Depositary Receipts Soar in Thursday Trading - MSN

Nov 05, 2024

Nov 04, 2024

This Tencent Music Entertainment Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday - TradingView

Nov 04, 2024

Oct 26, 2024

Wall Street Analysts Believe Tencent Music Entertainment Group (TME) Could Rally 26.83%: Here's is How to Trade - MSN

Oct 26, 2024

Oct 24, 2024

A Stock Analysis Of Tencent Music Entertainment Group ADR’s (TME) - Stocks Register

Oct 24, 2024

Oct 15, 2024

Financial Health Check: Examining Tencent Music Entertainment Group ADR (TME)’s Key Ratios - The Dwinnex

Oct 15, 2024