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

Tencent Music Entertainment Group (NYSE:TME) is anticipated to announce its Q2 2026 results before the market opens on Tuesday, August 11th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $1.2991 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 11, 2026 at 7:00 AM ET.

Tencent Music Entertainment Group (NYSE:TME) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.11 earnings per share for the quarter. Tencent Music Entertainment Group had a return on equity of 11.20% and a net margin of 26.45%.The company had revenue of $1.15 billion during the quarter. On average, analysts expect Tencent Music Entertainment Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tencent Music Entertainment Group Trading Down 0.4%

Shares of TME traded down $0.04 during mid-day trading on Tuesday, reaching $9.49. 1,964,055 shares of the company were exchanged, compared to its average volume of 9,107,576. Tencent Music Entertainment Group has a 52 week low of $7.94 and a 52 week high of $26.70. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.08 and a current ratio of 2.09. The stock has a market capitalization of $14.94 billion, a PE ratio of 11.86, a PEG ratio of 0.62 and a beta of 0.84. The business has a 50 day simple moving average of $8.96 and a two-hundred day simple moving average of $11.16.

Institutional Trading of Tencent Music Entertainment Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TME. Schroder Investment Management Group lifted its stake in Tencent Music Entertainment Group by 30.0% during the 4th quarter. Schroder Investment Management Group now owns 80,480,078 shares of the company’s stock valued at $1,410,816,000 after acquiring an additional 18,554,567 shares in the last quarter. Invesco Ltd. boosted its holdings in Tencent Music Entertainment Group by 195.9% during the 4th quarter. Invesco Ltd. now owns 6,991,937 shares of the company’s stock worth $122,569,000 after acquiring an additional 4,629,058 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Tencent Music Entertainment Group in the 4th quarter worth $72,897,000. Amundi bought a new stake in shares of Tencent Music Entertainment Group in the 4th quarter worth $51,706,000. Finally, Morgan Stanley raised its holdings in shares of Tencent Music Entertainment Group by 43.7% in the fourth quarter. Morgan Stanley now owns 4,614,530 shares of the company’s stock valued at $80,893,000 after purchasing an additional 1,403,559 shares during the last quarter. 24.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Tencent Music Entertainment Group from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Zacks Research upgraded shares of Tencent Music Entertainment Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Weiss Ratings upgraded shares of Tencent Music Entertainment Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Finally, Mizuho reduced their price objective on shares of Tencent Music Entertainment Group from $23.00 to $18.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Tencent Music Entertainment Group currently has an average rating of “Hold” and an average price target of $21.44.

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.