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Tencent Music Entertainment Gro

TME

Last
$8.38
Day
+5.3%
1y
-66.1%
5y
+15.9%
52w
-66.6%
SPY YTD
+13.3%
XLC
-4.1%
Earnings
2026-11-1131d
EMA 21
8.06
EMA 50
8.35
EMA 200
10.88
20d high
-6.3%
5y high
-70.2%
5y range
21th
Website · 5,690 employees · China

Positions held

Your positions

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Add it to see shares, cost, and P&L here.

Score
-9
Hold
avoid
Signal
Sell
Target
$8.31
Stop
$7.67
Stop distance
8.5%
Target vs last
-0.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Tencent Music Entertainment is well-positioned in the growing digital music industry, benefiting from a strong user base and innovative strategies to enhance user engagement.
  • In Q2 2026, TME reported a revenue of $8.9 billion, reflecting a 13% increase compared to the previous quarter.
  • The company's operating margin improved to 30.3% in Q2 2026, showcasing effective cost management.
Bear case
  • Despite its strengths, TME faces significant competition in the streaming market, which could impact its growth potential.
  • The gross margin decreased to 44.2% in Q2 2026 from 44.9% in Q1 2026, indicating potential pricing pressures.
  • The overall market sentiment is bearish, with a sell signal and a score of -9.00, reflecting concerns about the company's performance trends.

Fundamentals

Market cap$12.97BEnterprise value$2.17BTrailing P/E9.71Forward P/E7.91
PEG1.93Price / book1.07Beta0.75Dividend yield3.02%
Revenue growth5.8%Earnings growth2.4%Gross margin44.3%Operating margin29.2%
Profit margin26.3%ROE11.0%ROA5.6%Debt / equity0.21
Current ratio1.75Free cash flow$7.14BAnalyst recommendationbuyMean target$12.63
52w high$23.8652w low$7.66

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$8.9B$7.9B$8.6B$8.5B$8.4B
Op margin30.3%29.6%30.9%28.0%30.7%
Net income$2.5B$2.1B$2.2B$2.2B$2.4B
Gross margin44.2%44.9%44.7%43.5%44.4%
Gross profit$3.9B$3.5B$3.9B$3.7B$3.7B
Operating income$2.7B$2.3B$2.7B$2.4B$2.6B
  • Revenue +13% vs prior quarter ($8.9B vs $7.9B).
  • Gross margin 44.2% (was 44.9% prior quarter).

Yearly (6y)

2025202420232022
Revenue$32.9B$28.4B$27.8B$28.3B
Op margin29.6%26.2%17.9%12.5%
Net income$11.1B$6.6B$4.9B$3.7B
Gross margin44.2%42.3%35.3%31.0%
Gross profit$14.5B$12.0B$9.8B$8.8B
Operating income$9.7B$7.4B$5.0B$3.5B
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TME · daily-3.9% over 13 sessions
Close EMA21 EMA50 EMA200
7.627.858.088.318.542026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$2.2B$4.5B$6.7B$8.9B0%22%45%2025-Q22025-Q32025-Q42026-Q12026-Q2