Deutsche Bank upgraded Tencent Music from Hold to Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2025 | $25.00 | Neutral | BofA Securities |
| 8/12/2025 | Neutral → Outperform | Daiwa Securities | |
| 3/26/2025 | Hold → Buy | Deutsche Bank | |
| 1/21/2025 | Equal-Weight → Overweight | Morgan Stanley | |
| 11/6/2024 | $16.00 | Overweight | Barclays |
| 11/4/2024 | $14.00 | Outperform | Bernstein |
| 9/25/2024 | $13.00 | Overweight → Equal-Weight | Morgan Stanley |
| 8/13/2024 | Outperform → Neutral | Daiwa Securities |
BofA Securities resumed coverage of Tencent Music with a rating of Neutral and set a new price target of $25.00
Daiwa Securities upgraded Tencent Music from Neutral to Outperform
Deutsche Bank upgraded Tencent Music from Hold to Buy
6-K - Tencent Music Entertainment Group (0001744676) (Filer)
6-K - Tencent Music Entertainment Group (0001744676) (Filer)
6-K - Tencent Music Entertainment Group (0001744676) (Filer)
SHENZHEN, China, Nov. 12, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights Total revenues were RMB8.46 billion (US$1.19 billion), representing a 20.6% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services.Revenues from online music services were RMB6.97 billion (US$979 million), representing 27.2% year-over-year growth. Revenues from music subscriptions were RMB4.50 billion (US$632 million),
SHENZHEN, China, Oct. 28, 2025 /PRNewswire/ -- Global gaming powerhouse Honor of Kings has dropped its 10th Anniversary theme song "Atlas of Tomorrow", now streaming across major platforms including Tencent Music Entertainment's QQ Music, Kugou, and Kuwo, alongside Apple Music, Spotify, and KKBOX. The track shot to No. 1 across multiple charts upon release, cementing itself as the latest blockbuster crossover between Mandopop and globally influential game IPs. "Atlas of Tomorrow" boasts composition and vocals by JJ Lin, brand ambassador of Honor of Kings, Mandopop heavyweight and two-time Golden Melody Awards winner for Best Male Singer, and lyrics by Kevin Yi, hitmaker and senior music pla
SHENZHEN, China, Oct. 14, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the third quarter of 2025 before the U.S. market opens on Wednesday, November 12, 2025. TME's management will host a Tencent Meeting Webinar on Wednesday, November 12, 2025, at 6:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Wednesday, November 12, 2025, to review and discuss the Company's business and financial performance. For participants who wish to join the Tencent Meeting Webinar, please complete online registration
SHENZHEN, China, Oct. 14, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the third quarter of 2025 before the U.S. market opens on Wednesday, November 12, 2025. TME's management will host a Tencent Meeting Webinar on Wednesday, November 12, 2025, at 6:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Wednesday, November 12, 2025, to review and discuss the Company's business and financial performance. For participants who wish to join the Tencent Meeting Webinar, please complete online registration
SHENZHEN, China, July 15, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2025 before the U.S. market opens on Tuesday, August 12, 2025. TME's management will host a Tencent Meeting Webinar on Tuesday, August 12, 2025, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, August 12, 2025, to review and discuss the Company's business and financial performance. For participants who wish to join the Tencent Meeting Webinar, please complete online registration in advance
SHENZHEN, China, May 13, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Total revenues were RMB7.36 billion (US$1.01 billion), representing an 8.7% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services, and partially offset by a decline in revenues from social entertainment services and others.Revenues from music subscriptions were RMB4.22 billion (US$581 million), representing 16.6% year-over-
SC 13G/A - Tencent Music Entertainment Group (0001744676) (Subject)
SC 13G/A - Tencent Music Entertainment Group (0001744676) (Subject)
SC 13G/A - Tencent Music Entertainment Group (0001744676) (Subject)
SHENZHEN, China, Sept. 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced that its Board of Directors (the "Board") approved the appointment of Ms. Jeanette Kim Yum Chan, an independent director of the Board, as a member of the audit committee, effective September 23, 2025. Ms. Chan has served as a member of our Board, and, for purposes of the Hong Kong Listing Rules, an independent non-executive director, since September 2022. Ms. Chan has been working in Airwallex (Cayman) Limited ("Airwallex"), a global cross-border payments company, since 2019, and is current
SHENZHEN, China, Feb. 28, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a director on the Board of Directors (the "Board"), effective February 28, 2025. Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025. "Matthew has been a valuable member of TME's Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prospe
SHENZHEN, China, Sept. 14, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, announced on September 15, 2022 (Beijing/Hong Kong Time) the resignation of Mr. Liang Tang from the board of directors (the "Board") and the compensation committee of the Board, effective immediately. The Board also approved the appointment of Ms. Jeanette Kim Yum Chan as an independent director, and Ms. Edith Manling Ngan as a member of the compensation committee, both effective immediately. Ms. Ngan will continue to serve as an independent director and a member of our audit committee. "On behalf of our Bo