Tencent Music Entertainment Group ( (TME) ) has issued an announcement.
Tencent Music Entertainment Group announced that it will release its unaudited financial results for the first quarter of 2025 on May 13, 2025, before the U.S. market opens. The company will host a Tencent Meeting Webinar on the same day to discuss its business and financial performance, providing stakeholders with insights into its operations and market positioning.
Spark’s Take on TME Stock
According to Spark, TipRanks’ AI Analyst, TME is a Outperform.
Tencent Music Entertainment Group’s strong financial performance, supported by robust cash flow and a solid balance sheet, is a key driver of the positive stock score. The company’s upward momentum in technical indicators and promising earnings call guidance further enhance the outlook. However, valuation concerns and challenges in certain business segments slightly temper the score.
To see Spark’s full report on TME stock, click here.
More about Tencent Music Entertainment Group
Tencent Music Entertainment Group is a leading online music and audio entertainment platform in China. It operates popular music apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing, offering services like online music, audio, karaoke, music-centric live streaming, and online concerts. The company aims to create endless possibilities with music and technology, enabling music fans to discover, listen, sing, watch, perform, and socialize around music.
YTD Price Performance: 9.10%
Average Trading Volume: 8,684,281
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21.51B
See more data about TME stock on TipRanks’ Stock Analysis page.