StockDuty Jun 24, 2026 03:36 PM ET
CatalystEarnings

$TME — BUY 📊

TME
$8.39
+2.82%
$TME — BUY 📊 Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic 🎯 Q2 2026 | Rev $4B | EPS $1.46 vs $1.43 🟢 💡 Consensus expects stagnant user growth and continued regulatory pressures, but the actual earnings beat (EPS $1.46 vs $1.43) and resilient revenue of $4.35B show the core business is holding better than feared. The market is pricing in a permanent decline that the numbers don't support. 📉 Reward/risk: 2.57:1 🏢 Business Quality: 7 — dominant music streaming franchise in China with exclusive content, high switching costs, and recurring revenue, but faces regulatory and competitive risks/10 📊 Valuation: cheap — normalized P/E of 5.7x vs. 📊 Our read: BUY. Full analysis → https://stockduty.xyz/s/TME0624
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic
Sources
pipeline