Get the Stockscreener App
12.88
1.58%
+0.20
After Hours:
12.87
-0.01
-0.08%
Tencent Music Entertainment Group ADR stock is currently priced at $12.88, with a 24-hour trading volume of 5.99M.
It has seen a +1.58% increased in the last 24 hours and a +16.35% rose in the past month.
The chart indicates a potential bullish trend, as the stock is above the $12.54 pivot point. If it approaches the $13.00 resistance level, significant changes may occur.
Previous Close:
$12.68
Open:
$12.76
24h Volume:
5.99M
Market Cap:
$22.10B
Revenue:
$3.93B
Net Income/Loss:
$695.78M
P/E Ratio:
30.68
EPS:
0.4198
Net Cash Flow:
$1.04B
1W Performance:
+13.38%
1M Performance:
+16.35%
6M Performance:
+80.90%
1Y Performance:
+81.66%
1D Range:
$12.71
$12.93
52W Range:
$5.70
$12.93
Tencent Music Entertainment Group ADR Stock (TME) Company Profile
Name
Tencent Music Entertainment Group ADR
Sector
Industry
Phone
86 755 8601 3388
Address
Malata Building, Kejizhongyi Road, 17th Floor Midwest District of Hi-tech Park Nanshan District, Shenzhen
Tencent Music Entertainment Group ADR Stock (TME) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| 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
Zacks.com featured highlights American Eagle Outfitters, JD.com, PDD Holdings, Air Lease and Tencent Music Entertainment
Zacks Investment Research
TME or RELX: Which Is the Better Value Stock Right Now?
Zacks Investment Research
5 Profitable PEG-Based GARP Stocks for Investors
Zacks Investment Research
Thematic Music ETF (MUSQ) Prepares To Strike A Chord As Indicators Point To Upbeat Momentum
Benzinga
Tencent Music Entertainment Ready To Benefit From 'Secular Tailwind Of Music Streaming Adoption': Analysts On Q4 Results, Outlook
Benzinga
Stocks Hold Steady Ahead Of Fed Meeting, Oil Eases, Bitcoin Rebounds: What's Driving Markets Wednesday?
Benzinga
Tencent Music Entertainment Group ADR Stock (TME) Financials Data
Tencent Music Entertainment Group ADR (TME) Revenue 2024
TME reported a revenue (TTM) of $3.93 billion for the quarter ending December 31, 2023, a -6.66% decline year-over-year.
Tencent Music Entertainment Group ADR (TME) Net Income 2024
TME net income (TTM) was $695.78 million for the quarter ending December 31, 2023, a +28.38% increase year-over-year.
Tencent Music Entertainment Group ADR (TME) Cash Flow 2024
TME recorded a free cash flow (TTM) of $1.04 billion for the quarter ending December 31, 2023, a -6.87% decrease year-over-year.
Tencent Music Entertainment Group ADR (TME) Earnings per Share 2024
TME earnings per share (TTM) was $0.4412 for the quarter ending December 31, 2023, a +32.53% growth year-over-year.
About Tencent Music Entertainment Group ADR
Tencent Music Entertainment Group operates an online music entertainment platform that provides online music and music-centric social entertainment services in China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is based in Shenzhen, Chiane. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
4.04%
Cap:
|
Volume (24h):