Tencent Music Entertainment Group ADR (NYSE:TME) Achieved Almost 35.52% Growth In A Month. Also Looks Good Long Term.

In recent trading session, Tencent Music Entertainment Group ADR (NYSE:TME) saw 1.28 million shares changing hands at last check today with its beta currently measuring 0.49. Company’s recent per share price level of $16.71 trading at $0.35 or 2.14% at last check today assigns it a market valuation of $11.69B. That most recent trading price of TME’s stock is at a discount of -2.03% from its 52-week high price of $17.05 and is indicating a premium of 43.69% from its 52-week low price of $9.41.

For Tencent Music Entertainment Group ADR (TME), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.36. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.46 in the current quarter.

Tencent Music Entertainment Group ADR (NYSE:TME) trade information

Upright in the green today for gaining 2.14%, in the last five days TME remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $16.71 price level, adding 1.99% to its value on the day. Tencent Music Entertainment Group ADR’s shares saw a change of 47.22% in year-to-date performance and have moved 18.67% in past 5-day. Tencent Music Entertainment Group ADR (NYSE:TME) showed a performance of 35.52% in past 30-days.

Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a fall of -19.36% to its recent value today. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would jump 46.14% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.14% for stock’s current value.

Tencent Music Entertainment Group ADR (TME) estimates and forecasts

This year revenue growth is estimated to rise 10.20% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.97B for the same. And 9 analysts are in estimates of company making revenue of 7.75B in the next quarter. Company posted 7.16B and 7.01B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.19% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 37.81% while estimates for its earnings growth in next 5 years are of 19.15%.

Tencent Music Entertainment Group ADR (NYSE:TME)’s Major holders

BLACKROCK INC. is the top institutional holder at TME for having 31.29 million shares of worth $439.57 million. And as of 2024-06-30, it was holding 2.0266 of the company’s outstanding shares.

The second largest institutional holder is INVESCO LTD., which was holding about 26.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.7204 of outstanding shares, having a total worth of $373.16 million.

On the other hand, Krane Shares Trust-KraneShares CSI China Internet ETF and New World Fund Inc are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 18.56 shares of worth $309.53 million or 2.16% of the total outstanding shares. The later fund manager was in possession of 12.98 shares on Mar 31, 2025 , making its stake of worth around $216.5 million in the company or a holder of 1.51% of company’s stock.