Tencent Music Entertainment Group (TME) – Investment Analysts’ Weekly Ratings Updates

A number of research firms have changed their ratings and price targets for Tencent Music Entertainment Group (NYSE: TME):

• 8/13/2026 – Tencent Music Entertainment Group was given a new $10.00 price target by Nomura. They now have a “neutral” rating on the stock.
• 8/13/2026 – Tencent Music Entertainment Group was downgraded by Nomura from “buy” to “neutral”. They now have a $10.00 price target on the stock.
• 8/12/2026 – Tencent Music Entertainment Group was given a new $15.00 price target by UBS Group AG.
• 8/12/2026 – Tencent Music Entertainment Group had its “neutral” rating reaffirmed by UBS Group AG.
• 8/12/2026 – Tencent Music Entertainment Group had its price target lowered by Mizuho from $18.00 to $15.00. They now have an “outperform” rating on the stock.
• 8/12/2026 – Tencent Music Entertainment Group was downgraded by China Renaissance from “buy” to “hold”. They now have a $9.30 price target on the stock.
• 7/1/2026 – Tencent Music Entertainment Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.

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.