TENCENT MUSIC/$TME

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About TENCENT MUSIC

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

Ticker

$TME

Primary listing

NYSE

Employees

5,353

TENCENT MUSIC Metrics

BasicAdvanced
$41B
27.78
$0.92
0.49
$0.17
0.68%

What the Analysts think about TENCENT MUSIC

Analyst ratings (Buy, Hold, Sell) for TENCENT MUSIC stock.

Bulls say / Bears say

Tencent Music beat analysts' estimates for Q2 2025, posting a 17.9% year-on-year rise in total revenue to 8.44 billion yuan, above the 7.96 billion yuan consensus forecast. (Reuters)
Music subscription revenue grew 17.1% from a year earlier to 4.38 billion yuan, with monthly ARPPU up from RMB 10.7 to RMB 11.7 and Super VIP subscribers surpassing 15 million, showing strong monetization. (Reuters)
In June 2025, Tencent Music agreed to acquire long-form audio platform Ximalaya for about $2.4 billion, a deal expected to expand its content library and customer reach. (Reuters)
Revenues from social entertainment services fell 8.5% year-over-year to 1.59 billion yuan in Q2 2025, highlighting ongoing weakness in live-streaming and other social offerings. (Reuters)
Tencent Music's proposed $2.4 billion acquisition of Ximalaya is still subject to regulatory approval and negotiation, creating execution risk and potential integration challenges. (Reuters)
Tencent Music is highly dependent on licenses from the Music Copyright Society of China (MCSC), but if composers withdraw their works, the company could face lengthy and costly direct licensing negotiations, risking disruptions to content availability. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 2025.

TENCENT MUSIC Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

TENCENT MUSIC Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $TME

Sign up or log in to buy
Capital at risk
Market closedADR

Upcoming events

No upcoming events
FAQs