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Stock TMETENCENT MUSIC ENTERTAINMENT GROUP
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Tencent Music Entertainment Group

Equities

TME

US88034P1093

Internet Services

Market Closed - Nyse
Other stock markets
16:00:03 2025-06-20 EDT
5-day change 1st Jan Change
18.48 USD -0.70% Intraday chart for Tencent Music Entertainment Group +0.33% +62.82%
06-12 Nomura Raises Price Target on Tencent Music Entertainment Group to $21.50 From $17.20, Keeps Buy Rating MT
06-11 The Week’s Biggest Mergers Unpacked Our Logo
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Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating

Published on 2024-05-13 at 06:41, updated on 2024-05-13 at 06:48

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© MT Newswires - 2024

Latest news about Tencent Music Entertainment Group

Nomura Raises Price Target on Tencent Music Entertainment Group to $21.50 From $17.20, Keeps Buy Rating 06-12 MT
The Week’s Biggest Mergers Unpacked 06-11Our Logo
Sector Update: Tech Stocks Advance Pre-Bell Tuesday 06-10 MT
Tencent Music Entertainment to Buy Chinese Audio Platform Ximalaya 06-10 MT
Sector Update: Tech 06-10 MT
Tencent Music Entertainment Group entered into an agreement to acquire Ximalaya Inc. 06-10 CI
Tencent Music Plans to Acquire Chinese Online Audio Platform Ximalaya 06-10 MT
Tencent Music to Acquire Chinese Podcast Startup 06-10 DJ
Tencent Music Entertainment Announced Proposed Acquisition Of Ximalaya Inc - SEC Filing 06-10 RE
US International Trade Court Questions Trump Administration's Import Tariffs; Chinese Shares Rise 05-29 MT
Hybe Sells Entire SM Entertainment Stake to Tencent for KRW243.35 Billion 05-29 MT
HYBE to Offload 9.7% Stake in SM Entertainment to Tencent Music 05-28 MT
Tencent Expands K-Pop Portfolio With Stake in Korean Entertainment Firm 05-27 DJ
Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading 05-14 MT
Financial shares lift China and HK shares; tech earnings in focus 05-14 RE
Tech shares lift Hong Kong stocks, earnings in focus 05-14 RE
Tencent Music's quarterly revenue jumps on strong subscriber growth 05-13 RE
Tencent Music's quarterly revenue jumps on strong subscriber growth 05-13 RE
Stocks Down Pre-Bell as Traders Await Key Inflation Report 05-13 MT
Tencent Music Entertainment's Profit Balloons 202% in Q1 05-13 MT
Tencent Music Entertainment Group, Q1 2025 Earnings Call, May 13, 2025 05-13
Tencent Music Entertainment Group's Q1 Non-IFRS Earnings, Revenue Increase 05-13 MT
Earnings Flash (TME) Tencent Music Entertainment Posts Q1 Adjusted Earnings 1.37 Chinese Renminbi per ADS, vs. FactSet Est. of 1.33 Renminbi 05-13 MT
Earnings Flash (TME) Tencent Music Entertainment Posts Q1 Revenue 7.36B Chinese Renminbi, vs. FactSet Est of 7.28B Renminbi 05-13 MT
Tencent Music beats quarterly revenue estimates 05-13 RE

Chart Tencent Music Entertainment Group

Chart Tencent Music Entertainment Group
TME: Dynamic Chart

Company Profile

Logo Tencent Music Entertainment Group
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. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
Employees
5,353
Sector
Internet Services
Calendar
06-26 - Annual General Meeting
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Trading Rating
Investor Rating
ESG MSCI
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Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
32
Last Close Price
133.77CNY
Average target price
133.69CNY
Spread / Average Target
-0.06%
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  5. Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating
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