A share price of Tencent Music Entertainment Group ADR [TME] is currently trading at $17.68, down -5.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TME shares have lost -5.35% over the last week, with a monthly amount drifted -22.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Daiwa Securities upgraded its rating to Outperform on August 12, 2025. On March 26, 2025, upgrade upgraded it’s rating to Buy. Morgan Stanley upgraded its rating to a Overweight. Barclays initiated its recommendation with a Overweight and recommended $16 as its price target on November 06, 2024. Bernstein started tracking with a Outperform rating for this stock on November 04, 2024, and assigned it a price target of $14. In a note dated September 25, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock but restated the target price of $13.
Tencent Music Entertainment Group ADR experienced fluctuations in its stock price throughout the past year between $10.26 and $26.70. Currently, Wall Street analysts expect the stock to reach $28.65 within the next 12 months. Tencent Music Entertainment Group ADR [NYSE: TME] shares were valued at $17.68 at the most recent close of the market. An investor can expect a potential return of 62.05% based on the average TME price forecast.
Analyzing the TME fundamentals
Trailing Twelve Months sales for Tencent Music Entertainment Group ADR [NYSE:TME] were 4.40B which represents 20.81% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.14 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 17.19 points at the first support level, and at 16.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.57, and for the 2nd resistance point, it is at 19.45.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tencent Music Entertainment Group ADR [NYSE:TME] is 2.09. In addition, the Quick Ratio stands at 2.08 and the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 2.32, the price to book ratio is 2.14 and price to earnings (TTM) ratio is 18.34.
Transactions by insiders
Recent insider trading involved LIANG ZHU, Officer, that happened on Aug 27 ’25 when 0.5 million shares were purchased. Officer, PAN TSAI-CHUN completed a deal on Aug 18 ’25 to buy 0.4 million shares. Meanwhile, Officer PANG KAR SHUN CUSSION bought 1.0 million shares on Aug 15 ’25.
