TME Consolidates After Rally, Eyes $22–32 TargetIn late 2022, NYSE:TME posted its first breakout, climbing to an average of $7.50.
A sustained rally through 2023–2024 drove the price above $15, with the mean level around $11.
Since mid-2024, the stock has been consolidating at these levels, holding firm above both the 30- and 50-period EMA
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0.30 EUR
895.42 M EUR
3.83 B EUR
1.15 B
About Tencent Music Entertainment Group
Sector
Industry
CEO
Zhu Liang
Website
Headquarters
Shenzhen
Founded
2012
FIGI
BBG019SPR2V5
Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.
TME Triple TopTME looks like a triple top. See reference image. I do believe we will return to the range between $5.50 - $10.50, and see a low in the 5-$6 range over the next several months. We can see a bearish divergence aligns with the three tops (RSI is decreasing for each of the three tops).
As always, clas
Tencent Music (TME): Digital Music Expansion Fuels Stock GrowthTencent Music Entertainment Group (TME) is China’s leading online music platform, offering streaming services, social entertainment, and music licensing. Through its apps, including QQ Music, Kugou, and Kuwo, TME provides users with access to an extensive music library, live-streaming, and interacti
Tencent Music (TME) – Streaming Growth & Fan Engagement Company Overview:
Tencent Music Entertainment NYSE:TME is a leading digital music streaming platform with a 35.7% stock return over the past year, signaling strong market confidence.
Key Catalysts:
Q4 2024 Earnings on March 18 📊
Analysts anticipate positive results, which could boost investor s
TME - UniverseMetta - Analysis#TME - UniverseMetta - Analysis
The price has formed a triangular correction + breach of the upper trend line, which may indicate a continuation of the uptrend with a global target of 22.17
If we consider short-term prospects, the nearest target is 14.50 per share. We can also take into account th
Why Tencent Music Entertainment Could double your investmentHello,
Over the years, I've developed a passion for identifying undervalued companies that often go unnoticed yet possess immense potential. These are the outliers—companies that have the ability to significantly grow your portfolio. One such company is Tencent Music Entertainment Group (TME).
Ten
Tencent Music: Docked inTME recently reached our magenta Target Zone (between $9.55 and $6.84) and is now trading just below its upper edge. We expect a deeper dive before the magenta wave (ii) comes to a well-deserved end. With the low in place, the share should then rise again and head for a new three-year high with the
Taking On Discipline In StagesOnce you have decided that you need discipline in your trading, knowing where to start can be difficult and overwhelming. There are many pieces to a trading plan, and it's easy to feel overwhelmed.
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Tencent Music ,,, Buy opportinity Uptrend
It has passed a long term correction like a pullback. After this trend line It seems new moving will be started after this breakout but if you are a low risk trader, its better you wait for breaking $15 level by setting a sl at about 13.75. Finding end of a correction in a powerful trend ha
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TME5037916
Tencent Music Entertainment Group 1.375% 03-SEP-2025Yield to maturity
5.34%
Maturity date
Sep 3, 2025
TME5037920
Tencent Music Entertainment Group 2.0% 03-SEP-2030Yield to maturity
5.13%
Maturity date
Sep 3, 2030
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange TENCENT MUSIC ENTMT GR. stocks are traded under the ticker 63T.
We've gathered analysts' opinions on TENCENT MUSIC ENTMT GR. future price: according to them, 63T price has a max estimate of 8.46 EUR and a min estimate of 5.81 EUR. Watch 63T chart and read a more detailed TENCENT MUSIC ENTMT GR. stock forecast: see what analysts think of TENCENT MUSIC ENTMT GR. and suggest that you do with its stocks.
Yes, you can track TENCENT MUSIC ENTMT GR. financials in yearly and quarterly reports right on TradingView.
TENCENT MUSIC ENTMT GR. is going to release the next earnings report on May 13, 2025. Keep track of upcoming events with our Earnings Calendar.
63T earnings for the last quarter are 0.08 EUR per share, whereas the estimation was 0.08 EUR resulting in a 4.58% surprise. The estimated earnings for the next quarter are 0.08 EUR per share. See more details about TENCENT MUSIC ENTMT GR. earnings.
TENCENT MUSIC ENTMT GR. revenue for the last quarter amounts to 997.24 M EUR, despite the estimated figure of 973.50 M EUR. In the next quarter, revenue is expected to reach 927.76 M EUR.
63T net income for the last quarter is 263.07 M EUR, while the quarter before that showed 198.97 M EUR of net income which accounts for 32.22% change. Track more TENCENT MUSIC ENTMT GR. financial stats to get the full picture.
Yes, 63T dividends are paid annually. The last dividend per share was 0.08 EUR. As of today, Dividend Yield (TTM)% is 1.30%. Tracking TENCENT MUSIC ENTMT GR. dividends might help you take more informed decisions.
TENCENT MUSIC ENTMT GR. dividend yield was 1.58% in 2024, and payout ratio reached 29.99%. The year before the numbers were 1.57% and 30.75% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 7, 2025, the company has 5.35 K employees. See our rating of the largest employees — is TENCENT MUSIC ENTMT GR. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TENCENT MUSIC ENTMT GR. EBITDA is 1.05 B EUR, and current EBITDA margin is 29.32%. See more stats in TENCENT MUSIC ENTMT GR. financial statements.
Like other stocks, 63T shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TENCENT MUSIC ENTMT GR. stock right from TradingView charts — choose your broker and connect to your account.