A share price of Tencent Music Entertainment Group ADR [TME] is currently trading at $18.73, down -0.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TME shares have gain 2.91% over the last week, with a monthly amount glided 6.91%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tencent Music Entertainment Group ADR [NYSE: TME] stock has seen the most recent analyst activity on March 26, 2025, when Deutsche Bank upgraded its rating to a Buy. Previously, Morgan Stanley upgraded its rating to Overweight on January 21, 2025. On November 06, 2024, Barclays initiated with a Overweight rating and assigned a price target of $16 on the stock. Bernstein started tracking the stock assigning a Outperform rating and suggested a price target of $14 on November 04, 2024. Morgan Stanley downgraded its rating to a Equal-Weight but $13 remained the price target by the analyst firm on September 25, 2024. Daiwa Securities downgraded its rating to Neutral for this stock on August 13, 2024. In a note dated March 20, 2024, Goldman upgraded an Buy rating on this stock but restated the target price of $14.
Tencent Music Entertainment Group ADR experienced fluctuations in its stock price throughout the past year between $9.41 and $19.40. Currently, Wall Street analysts expect the stock to reach $26.2 within the next 12 months. Tencent Music Entertainment Group ADR [NYSE: TME] shares were valued at $18.73 at the most recent close of the market. An investor can expect a potential return of 39.88% based on the average TME price forecast.
Analyzing the TME fundamentals
Trailing Twelve Months sales for Tencent Music Entertainment Group ADR [NYSE:TME] were 4.02B which represents 7.37% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.14 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.59 points at the first support level, and at 18.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.93, and for the 2nd resistance point, it is at 19.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tencent Music Entertainment Group ADR [NYSE:TME] is 1.83. Also, the Quick Ratio is 1.83, while the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 3.26, the price to book ratio is 2.54 and price to earnings (TTM) ratio is 22.16.
Transactions by insiders
Recent insider trading involved HU MIN, Officer, that happened on Jun 16 ’25 when 0.44 million shares were purchased. Officer, PAN TSAI-CHUN completed a deal on Jun 12 ’25 to buy 1.0 million shares. Meanwhile, Officer PAN TSAI-CHUN bought 1.04 million shares on Mar 31 ’25.
