TME Stock Summary and Trading Ideas (Tencent Music Enter Gr | NYSE:TME)

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

Tencent Music Enter Gr trades on the NYSE stock market under the symbol TME.

As of December 12, 2025, TME stock price climbed to $18.22 with 4,065,511 million shares trading.

TME has a beta of 0.97, meaning it tends to be less sensitive to market movements. TME has a correlation of 0.15 to the broad based SPY ETF.

TME has a market cap of $28.08 billion. This is considered a Large Cap stock.

Last quarter Tencent Music Enter Gr reported $1 billion in Revenue and $.22 earnings per share. This beat revenue expectation by $80 million and exceeded earnings estimates by $.02.

In the last 3 years, TME traded as high as $26.70 and as low as $5.70.

The top ETF exchange traded funds that TME belongs to (by Net Assets): KWEB, VXUS, VWO, IEMG, MCHI.

TME has outperformed the market in the last year with a return of +52.4%, while the SPY ETF gained +14.0%. However, in the most recent history, TME shares have underperformed the stock market with its stock returning -27.1% in the last 3 month period and -1.2% for the last 2 week period, while SPY has returned +4.0% and -0.2%, respectively.

TME support price is $17.82 and resistance is $18.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TME shares will trade within this expected range on the day.