Tencent Music Entertainment Group (NYSE:TME) Price Target Lowered to $20.00 at Barclays

Tencent Music Entertainment Group (NYSE:TME) had its price objective reduced by research analysts at Barclays from $28.00 to $20.00 in a report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective indicates a potential upside of 89.72% from the company’s current price.

Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $12.00 target price on shares of Tencent Music Entertainment Group in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a $23.00 price target on shares of Tencent Music Entertainment Group in a report on Tuesday. Weiss Ratings restated a “hold (c+)” rating on shares of Tencent Music Entertainment Group in a report on Monday, December 29th. Morgan Stanley cut their target price 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. Finally, Mizuho reduced their target price on Tencent Music Entertainment Group from $28.00 to $23.00 and set an “outperform” rating for the company in a research note on Wednesday. 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.03.

Tencent Music Entertainment Group Stock Performance

TME traded up $0.24 during trading hours on Thursday, reaching $10.54. 7,200,334 shares of the stock traded hands, compared to its average volume of 8,055,185. Tencent Music Entertainment Group has a fifty-two week low of $9.86 and a fifty-two week high of $26.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.09 and a quick ratio of 2.08. The firm’s fifty day simple moving average is $15.52 and its two-hundred day simple moving average is $19.17.

Hedge Funds Weigh In On Tencent Music Entertainment Group

Several large investors have recently modified their holdings of TME. Schroder Investment Management Group raised its stake in Tencent Music Entertainment Group by 30.0% during the fourth quarter. Schroder Investment Management Group now owns 80,480,078 shares of the company’s stock valued at $1,410,816,000 after buying an additional 18,554,567 shares in the last quarter. Overlook Investments LP acquired a new position in shares of Tencent Music Entertainment Group in the 4th quarter worth approximately $278,022,000. Norges Bank acquired a new position in shares of Tencent Music Entertainment Group in the 2nd quarter worth approximately $110,813,000. Green Court Capital Management Ltd increased its holdings in shares of Tencent Music Entertainment Group by 467.2% in the 4th quarter. Green Court Capital Management Ltd now owns 5,893,162 shares of the company’s stock valued at $108,729,000 after acquiring an additional 4,854,084 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Tencent Music Entertainment Group by 195.9% in the 4th quarter. Invesco Ltd. now owns 6,991,937 shares of the company’s stock valued at $122,569,000 after acquiring an additional 4,629,058 shares during the last quarter. Institutional investors own 24.32% of the company’s stock.

Key Tencent Music Entertainment Group News

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

• Positive Sentiment: High‑profile content boost — Jay Chou launched pre‑orders for his new album “Children of the Sun” on Tencent Music’s platforms, which could drive short‑term engagement, streaming revenue and subscriber interest. PR Newswire: Jay Chou album
• Positive Sentiment: Revenue beat driven by online music — Q4 total revenue rose ~15.9% YoY and online music revenue jumped ~21.7% YoY, showing continued top‑line strength in the core business. Proactive: Q4 revenue
• Positive Sentiment: Putative bullish flow — unusual call buying was reported (call volume above normal), which can indicate some investors are speculating on a rebound or hedging. (No direct article link)
• Neutral Sentiment: Dividend discussion — coverage flagged a new dividend and what it signals about capital allocation; this may influence investor sentiment but is not an immediate operational change. Yahoo Finance: Dividend analysis
• Neutral Sentiment: Earnings call transcript published — the Q4 2025 earnings call provides management commentary on results and the reporting change (useful for assessing forward guidance and metric definitions). Seeking Alpha: Earnings call transcript
• Negative Sentiment: Earnings/GPS and guidance disappointment — despite revenue strength, TME missed certain earnings expectations and issued guidance that disappointed investors, prompting sharp selling pressure. MSN: Shares tumble after Q4
• Negative Sentiment: Reporting framework shift for user metrics — management said it will change how it reports user metrics, which analysts say obscures visibility into user trends and overshadowed the revenue beat. Seeking Alpha: Reporting framework shift
• Negative Sentiment: Analyst target cuts and downgrades — UBS sharply cut its PT (from $26 to $13), and several firms reaffirmed hold/neutral ratings with lower targets, increasing near‑term downside pressure and reducing institutional support. StreetInsider: UBS downgrade
• Negative Sentiment: Investor litigation inquiry — a law firm announced an investigation into potential claims on behalf of TME investors, which can add legal overhang and uncertainty. GlobeNewswire: Investor investigation

Tencent Music Entertainment Group Company Profile

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.