Tencent Music Entertainment Group’s (TME) “Hold” Rating Reaffirmed at Daiwa Securities Group

Daiwa Securities Group reissued their hold rating on shares of Tencent Music Entertainment Group (NYSE:TME) in a report issued on Wednesday, MarketBeat.com reports. They currently have a $12.00 price objective on the stock.

A number of other research analysts have also commented on the company. Mizuho lowered their price objective on Tencent Music Entertainment Group from $28.00 to $23.00 and set an “outperform” rating on the stock in a report on Wednesday. Benchmark restated a “hold” rating on shares of Tencent Music Entertainment Group in a report on Wednesday. Morgan Stanley lowered their price objective on Tencent Music Entertainment Group from $27.50 to $25.00 and set an “overweight” rating on the stock in a research report on Monday, December 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Tencent Music Entertainment Group in a research note on Monday, December 29th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $23.00 price objective on shares of Tencent Music Entertainment Group in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.69.

Tencent Music Entertainment Group Trading Down 9.5%

NYSE:TME opened at $10.29 on Wednesday. The stock’s 50 day moving average price is $15.52 and its 200 day moving average price is $19.17. Tencent Music Entertainment Group has a 52 week low of $10.14 and a 52 week high of $26.70. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.08 and a current ratio of 2.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TME. Schroder Investment Management Group grew its position in shares of Tencent Music Entertainment Group by 30.0% in the 4th quarter. Schroder Investment Management Group now owns 80,480,078 shares of the company’s stock valued at $1,410,816,000 after purchasing an additional 18,554,567 shares during the period. Overlook Investments LP acquired a new position in Tencent Music Entertainment Group during the fourth quarter worth $278,022,000. Norges Bank bought a new position in shares of Tencent Music Entertainment Group in the 2nd quarter valued at about $110,813,000. Green Court Capital Management Ltd grew its stake in Tencent Music Entertainment Group by 467.2% in the fourth quarter. Green Court Capital Management Ltd now owns 5,893,162 shares of the company’s stock valued at $108,729,000 after purchasing an additional 4,854,084 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Tencent Music Entertainment Group by 195.9% in the fourth quarter. Invesco Ltd. now owns 6,991,937 shares of the company’s stock valued at $122,569,000 after buying an additional 4,629,058 shares in the last quarter. 24.32% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Tencent Music Entertainment Group

Here are the key news stories impacting Tencent Music Entertainment Group this week:

• Positive Sentiment: Revenue and subscriber growth beat expectations — Q4 revenue rose ~15.8% YoY driven by online music strength, and paid subscribers reached ~127.4m, showing continued top-line momentum. Tencent Music Stock Climbs After Strong Q4 Revenue
• Positive Sentiment: Some analysts remain constructive — Mizuho kept an outperform rating and raised a $23 price target, signaling a bullish view on longer-term recovery potential. Benzinga: Mizuho Outperform PT $23
• Neutral Sentiment: Unusual options activity: elevated call buying was reported, suggesting some traders are speculating on a rebound (short-term directional interest rather than consensus). (No article link)
• Neutral Sentiment: New dividend discussion — commentary about a dividend could signal evolving capital allocation priorities; investors will watch details for whether cash returns become a material buyback/dividend program. Does Tencent Musicʼs New Dividend Signal Evolving Capital Priorities?
• Negative Sentiment: Earnings per share missed estimates despite the revenue beat — EPS of $0.11 missed consensus; profitability metrics and the EPS miss undermined the headline beat. MarketBeat: Tencent Music Q4 Results
• Negative Sentiment: Change in reporting framework and weaker guidance spooked investors — management’s shift in how it discloses user metrics plus guidance misses raised transparency and AI-disruption concerns, triggering a sharp selloff. MSN: Shares Tumble After Q4 Results MarketWatch: Plunge on Guidance Miss, AI Fears
• Negative Sentiment: Analyst target cuts and mixed ratings — UBS slashed its price target from $26 to $13 (neutral), and several firms reaffirmed holds/neutral, increasing near-term downside pressure from cautious broker sentiment. StreetInsider: UBS Cuts PT
• Negative Sentiment: Investor litigation inquiry — Johnson Fistel is investigating potential claims on behalf of investors, adding regulatory/legal overhang risk. GlobeNewswire: Johnson Fistel Investigation

About Tencent Music Entertainment Group

Tencent Music Entertainment Group (NYSE: TME) is a China-based digital music and audio entertainment platform that operates a portfolio of leading music streaming and social entertainment services. Its core consumer-facing products include streaming apps, online karaoke (KTV) services and live music and entertainment broadcasts. The company monetizes its content through a mix of subscriptions, digital music sales, in-app purchases, virtual gifting, advertising and licensing arrangements with rights holders.

The company traces its roots to the consolidation of Tencent’s music assets and was established in the mid-2010s to unify several prominent music properties under a single operating entity.