$8.06-0.20 (-2.42%)
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China.
Tencent Music Entertainment Group in the Communication Services sector is trading at $8.06 with a market capitalization of $14.7B. Wall Street consensus targets $13.18 (28 analysts), implying a +63.5% move over the next 12 months. The stock is currently near its 52-week low of $7.94, remaining 32.3% below its 200-day moving average. On fundamentals, Piotroski 7/9 indicates strong financial quality, Altman Z in the distress zone. Risk note: MACD remains below its signal line. The Whystock Score of 80/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $7.89Bβ | $8.64Bβ | $8.46Bβ | $8.44Bβ | $7.36B |
| Gross Profit | $3.55Bβ | $3.86Bβ | $3.68Bβ | $3.75Bβ | $3.24B |
| Operating Income | $2.33Bβ | $2.67Bβ | $2.37Bβ | $2.59Bβ | $2.10B |
| Net Income | $2.09Bβ | $2.20Bβ | $2.15Bβ | $2.41Bβ | $4.29B |
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enabl...
Asian equities traded in the US as American depositary receipts were tracking slightly higher Thursd
Asian equities traded in the US as American depositary receipts were trending lower Thursday morning

On August 12, Tencent Music Entertainment Group (NYSE:TME) held its second-quarter 2026 earnings call, and the numbers told a story bigger than a music app. Total revenue reached RMB 8.9 billion, up 6% year over year, with the freshly consolidated audio platform Ximalaya adding roughly RMB 0.4 billion of that total. Music-related services revenue climbed [β¦]

HGER, MCHI, and VFLO have posted strong summer returns by targeting commodities, Chinese equities, and free-cash-flow-rich growth stocks, respectively, amid inflation and rate uncertainty.

Tencent Music served up solid Q2 results, but that wasn't enough for investors.