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

Tencent Music Entertainment Group (NYSE:TME) is expected to announce its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $1.1439 billion for the quarter. Interested persons 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 Price Performance

Shares of NYSE:TME opened at $9.25 on Monday. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.04. The company has a market cap of $14.32 billion, a P/E ratio of 9.34, a PEG ratio of 0.60 and a beta of 0.81. Tencent Music Entertainment Group has a 52 week low of $8.78 and a 52 week high of $26.70. The company has a 50-day moving average price of $10.85 and a 200 day moving average price of $15.66.

Tencent Music Entertainment Group Increases Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 2nd were paid a dividend of $0.24 per share. This is a positive change from Tencent Music Entertainment Group’s previous annual dividend of $0.18. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a dividend yield of 262.0%. Tencent Music Entertainment Group’s dividend payout ratio (DPR) is currently 23.23%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Mizuho reduced their price target on Tencent Music Entertainment Group from $28.00 to $23.00 and set an “outperform” rating for the company in a report on Wednesday, March 18th. Zacks Research lowered Tencent Music Entertainment Group from a “hold” rating to a “strong sell” rating in a report on Friday, April 17th. Jefferies Financial Group reissued a “buy” rating and issued a $23.00 target price on shares of Tencent Music Entertainment Group in a report on Tuesday, March 17th. JPMorgan Chase & Co. restated a “neutral” rating and set a $12.00 target price on shares of Tencent Music Entertainment Group in a research report on Wednesday, March 18th. Finally, UBS Group reaffirmed a “neutral” rating and set a $13.00 price target (down from $26.00) on shares of Tencent Music Entertainment Group in a research note on Wednesday, March 18th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Tencent Music Entertainment Group currently has an average rating of “Hold” and an average price target of $22.03.

Institutional Investors Weigh In On Tencent Music Entertainment Group

Institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP raised its holdings in Tencent Music Entertainment Group by 63.2% during the third quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock worth $35,000 after purchasing an additional 573 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in Tencent Music Entertainment Group by 0.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 132,635 shares of the company’s stock valued at $2,325,000 after purchasing an additional 610 shares during the last quarter. Vise Technologies Inc. increased its position in shares of Tencent Music Entertainment Group by 5.0% in the fourth quarter. Vise Technologies Inc. now owns 14,648 shares of the company’s stock valued at $257,000 after buying an additional 692 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Tencent Music Entertainment Group by 61.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,123 shares of the company’s stock worth $37,000 after buying an additional 807 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in shares of Tencent Music Entertainment Group by 1.8% during the 4th quarter. Cerity Partners LLC now owns 52,583 shares of the company’s stock worth $922,000 after buying an additional 929 shares during the last quarter. Institutional investors and hedge funds own 24.32% of the company’s stock.

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.