Tencent Music Entertainment Group (TME) Projected to Post Quarterly Earnings on Tuesday

Tencent Music Entertainment Group (NYSE:TME) will likely be posting its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect Tencent Music Entertainment Group to post earnings of $0.21 per share and revenue of $1.1439 billion for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 7:00 AM ET.

Tencent Music Entertainment Group Stock Performance

Shares of TME traded up $0.05 during midday trading on Tuesday, reaching $9.19. 4,099,546 shares of the stock were exchanged, compared to its average volume of 8,674,196. The company has a market capitalization of $14.23 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.59 and a beta of 0.81. Tencent Music Entertainment Group has a twelve month low of $8.78 and a twelve month high of $26.70. The business’s 50-day moving average price is $11.19 and its 200 day moving average price is $15.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.22 and a quick ratio of 2.22.

Tencent Music Entertainment Group Increases Dividend

The business also recently declared an annual dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 2nd were given a $0.24 dividend. This is a boost from Tencent Music Entertainment Group’s previous annual dividend of $0.18. The ex-dividend date was Thursday, April 2nd. This represents a yield of 262.0%. Tencent Music Entertainment Group’s payout ratio is presently 23.23%.

Institutional Investors Weigh In On Tencent Music Entertainment Group

A number of institutional investors have recently added to or reduced their stakes in TME. Allworth Financial LP boosted its holdings in Tencent Music Entertainment Group by 63.2% in the 3rd quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock valued at $35,000 after purchasing an additional 573 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Tencent Music Entertainment Group by 5,777.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,057 shares of the company’s stock valued at $36,000 after purchasing an additional 2,022 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Tencent Music Entertainment Group by 61.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,123 shares of the company’s stock valued at $37,000 after purchasing an additional 807 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Tencent Music Entertainment Group in the 4th quarter valued at approximately $46,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Tencent Music Entertainment Group by 83.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,005 shares of the company’s stock valued at $59,000 after purchasing an additional 1,363 shares in the last quarter. Hedge funds and other institutional investors own 24.32% of the company’s stock.

Wall Street Analysts Forecast Growth

TME has been the topic of several recent research reports. Jefferies Financial Group restated a “buy” rating and issued a $23.00 price target on shares of Tencent Music Entertainment Group in a research report on Tuesday, March 17th. Mizuho dropped their price target on Tencent Music Entertainment Group from $28.00 to $23.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 18th. Benchmark restated a “hold” rating on shares of Tencent Music Entertainment Group in a research report on Wednesday, March 18th. Barclays dropped their price target on Tencent Music Entertainment Group from $28.00 to $20.00 and set an “overweight” rating on the stock in a research report on Thursday, March 19th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $12.00 price target on shares of Tencent Music Entertainment Group in a research report on Wednesday, March 18th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $22.03.

About Tencent Music Entertainment Group

Tencent Music Entertainment Group (NYSE: TME) is a China-based digital music and audio entertainment platform that operates a portfolio of leading music streaming and social entertainment services. Its core consumer-facing products include streaming apps, online karaoke (KTV) services and live music and entertainment broadcasts. The company monetizes its content through a mix of subscriptions, digital music sales, in-app purchases, virtual gifting, advertising and licensing arrangements with rights holders.

The company traces its roots to the consolidation of Tencent’s music assets and was established in the mid-2010s to unify several prominent music properties under a single operating entity.