TME
Tencent Music Entertainment GroupFNYSE / Media & Entertainment
Last Price
At close
2026-06-02
Current thesis
The primary company release supports a still-positive operating read: music-related services outgrew total revenue, margins improved, and cash increased despite a noisy IFRS earnings comparison. The strongest post-print bull interpretation is that subscription tiering, SVIP adoption, non-membership music revenue, and offline performance are offsetting weakness in social entertainment and can support a better mix if the trend persists.
Posture
Defensive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +0.2.
What can break
Fresh post-earnings analyst revision evidence remains limited at T+3, which keeps conviction low despite improved primary-source coverage.
Momentum
5
Value
63
Sentiment
44
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $9.10 · Bull $10.80 · Bear $7.20
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-15 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade F · Defensive
Confidence Medium · Net Neutral
Target $25.55
Why
Momentum5 · Δ7d -1.3
Value63 · Δ7d +0.2
Sentiment44 · Δ7d -4.7
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
5
34% active weight
Current posture
7d trendSoftening
Δ7d
-1.3
Δ21d
+2.8
Value
63
32% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
-2.8
Sentiment
44
33% active weight
Current posture
7d trendSoftening
Δ7d
-4.7
Δ21d
-7.5
Why this grade
Composite grade F. Momentum 5.1 / Value 62.5 / Sentiment 43.9
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$13.22B
Beta
1.55
Shares Out
3.1B
P/E (TTM)
18.1
P/S (TTM)
6.16
P/FCF (TTM)
18.94
Rev YoY
+20.6%
EPS YoY
+36.7%
Gross Margin
+43.9%
Op Margin
+28.8%
Net Debt
-$2.94B
Current Ratio
2.09
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology