OTC· Radio Broadcasting Stations· Inc. E9· CIK 0001744676

TME

Tencent Music Entertainment Group

$7.68 ▼ -1.16%

Prev close $7.77

Market cap$12.5B

ConsensusHold

12-mo target$12.60 (+64.0%)

▲ Neutral

Analyst conviction 5/10

34 New Institutional Positions16 Institutional Exits Media & Telecom

Snapshot

The big-picture read on TME right now — valuation, ownership and activity at a glance.

Market Cap

$12.5B

Cap Size

Large Cap

Analyst Consensus

Buy (53%)

Inst. Holders

50 funds

Inst. Value

$2.6B

Inst. Activity

34 buys / 16 sells

Social Sentiment

50° Neutral

SEC Reports

Price chart 30d -8.5%

Daily candles (open–high–low–close) with volume. Green = up day, red = down day.

Vol

Recent activity

The latest filings, insider trades, analyst actions, press and options flow — newest first.

Oct 1, 2026 short_volume

Short Volume: TME — 71.4% short (0.9M / 1.3M)

Short: 936,604 | Exempt: 1,009 | TRF Vol: 1,311,202 | Short Ratio: 71.4% | Off-exchange volume (dark

Sep 29, 2026 Insider

PAN TSAI-CHUN acquired via exercise 155,320 shares

Group Vice President @ $3.86 ($599.5K)

Sep 11, 2026 SEC

Tencent Music Entertainment Group issued $1.0 billion in senior unsecured notes across two tranches: $500M of 5.050% Not

6-K — Impact 4/10

Sep 4, 2026 SEC

Tencent Music Entertainment Group filed a 6-K reporting the pricing and underwriting of $1.0 billion in senior unsecured

6-K — Impact 4/10

Sep 1, 2026 SEC

Tencent Music Entertainment Group filed its unaudited interim financials for H1 2026, showing total revenue growth of 6.

6-K — Impact 6/10

Jun 30, 2026 Inst.

SCHRODER INVESTMENT MANAGEMENT GROUP — TRIM

45,630,307 shares ($381.0M)

Jun 30, 2026 Inst.

JPMORGAN CHASE & CO — TRIM

12,458,083 shares ($105.3M)

Analyst ratings buy % -36.1%

How Wall Street rates the stock today, and the latest firm-by-firm actions.

Hold 53% rate it Buy or better · 32 analysts

Strong Buy 4 13% Buy 13 41% Hold 15 47% Sell 0 0% Strong Sell 0 0%

Recent analyst actions

Date	Firm	Action	Rating	Firm rating
Aug 12, 2026	China Renaissance	DOWNGRADE	Hold	56%
Aug 12, 2026	Mizuho	MAINTAIN	Outperform	52%
May 14, 2026	JP Morgan	MAINTAIN	Neutral	55%
May 13, 2026	Mizuho	MAINTAIN	Outperform	52%

Monthly consensus history

Period	Str. Buy	Buy	Hold	Buy %
Sep 1, 2026	4	13	15	53%
Aug 1, 2026	4	16	12	63%
Jul 1, 2026	4	16	12	63%
Jun 1, 2026	4	17	10	68%
May 1, 2026	7	17	11	69%
Apr 1, 2026	7	17	11	69%
Mar 1, 2026	8	21	6	83%
Feb 1, 2026	8	21	6	83%

Price targets

Where 28 covering analysts think TME trades over the next 12 months.

$12.60 +64.0% upside Strong Buy

Current$7.68 Low$9.06 Median$11.53 High$24.05 28 analysts

$9.06$24.05

Analyst rating Buy· 1.9/5 as of Oct 2, 2026

Social media sentiment mood +13.6%

Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.

50°

Neutral

BearishNeutralBullish

3 mentions 0 bullish 0 bearish 3 neutral

Recent posts

wallstreetbets Neutral 23d 1h ago

$TME Deep Dive: Why I Think Tencent Music Is Becoming Interesting Again Around $8

▲ 1 · 💬 0· ⚡ 0.5

stocks Neutral 4mo ago

No More Exclusives: What Tencent’s New Audio Strategy Means for TME Investors

▲ 1 · 💬 0· ⚡ 0.5

Reports & filings

AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.

6 SEC filing reports analyzed · 0 bullish, 0 bearish, 1 mixed, 5 neutral · avg impact 3.8/10.

NEUTRAL6-K4/10

Tencent Music Entertainment Group issued $1.0 billion in senior unsecured notes across two tranches:

Sep 11, 2026

NEUTRAL6-K4/10

Tencent Music Entertainment Group filed a 6-K reporting the pricing and underwriting of $1.0 billion

Sep 4, 2026

MIXED6-K6/10

Tencent Music Entertainment Group filed its unaudited interim financials for H1 2026, showing total

Sep 1, 2026

NEUTRAL6-K5/10

Tencent Music Entertainment Group reported Q2 2026 revenue of RMB8.93B (+5.8% YoY) and IFRS net prof

Aug 11, 2026

Upcoming & catalyst events

Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.

Oct 1, 2026

short_volume

Short Volume: TME — 71.4% short (0.9M / 1.3M)

Short: 936,604 | Exempt: 1,009 | TRF Vol: 1,311,202 | Short Ratio: 71.4% | Off-exchange volume (dark pool + OTC)

Sep 29, 2026

short_volume

Short Volume: TME — 78.7% short (2.3M / 3.0M)

Short: 2,323,559 | Exempt: 3,087 | TRF Vol: 2,953,921 | Short Ratio: 78.7% | Off-exchange volume (dark pool + OTC)

Sep 28, 2026

short_volume

Short Volume: TME — 59.4% short (0.8M / 1.4M)

Short: 834,306 | Exempt: 2,604 | TRF Vol: 1,405,569 | Short Ratio: 59.4% | Off-exchange volume (dark pool + OTC)

Sep 25, 2026

short_volume

Short Volume: TME — 64.9% short (1.1M / 1.6M)

Short: 1,050,502 | Exempt: 1,370 | TRF Vol: 1,618,802 | Short Ratio: 64.9% | Off-exchange volume (dark pool + OTC)

Sep 23, 2026

short_volume

Short Volume: TME — 56.8% short (1.1M / 2.0M)

Short: 1,147,326 | Exempt: 610 | TRF Vol: 2,019,549 | Short Ratio: 56.8% | Off-exchange volume (dark pool + OTC)

Earnings estimates

Forecast earnings per share and revenue by period — and whether estimates are rising.

Period	EPS Est.	Range	Growth	30d Rev	Up/Dn	Revenue	#
Current Q	$1.50	$1.46–$1.62	-2.3%	+0.0%	0↑ 6↓	$9.1B	10
Next Q	$1.57	$1.55–$1.59	-1.9%	+0.0%	0↑ 6↓	$9.3B	7
Current FY	$6.25	$6.18–$6.46	1.4%	+0.0%	1↑ 17↓	$35.4B	20
Next FY	$6.75	$6.44–$7.12	7.9%	+0.0%	2↑ 17↓	$38.3B	21

Current-quarter EPS estimate — revision history

When	EPS estimate	Change vs now
Current	$1.504	—
7d ago	$1.504	—
30d ago	$1.504	—
60d ago	$1.642	-0.138
90d ago	$1.635	-0.131

Institutional ownership

Which big funds own TME (from quarterly 13F filings) and who is adding or trimming.

50 institutional holders with $2.6B total value (314,483,011 shares) as of 2026-Q2. Top holders: Erste, SCHRODER, BlackRock,. Net buying activity: 34 institutions added/increased vs 16 reduced.

Top holders — 2026-Q2

Fund	Shares	Value	% Tracked	Last move
Erste Asset Management GmbH	0	$0.00	0.0%	—
SCHRODER INVESTMENT MANAGEMENT GROUP	45,630,307	$381.0M	14.5%	TRIM -40.6%
BlackRock, Inc.	32,782,645	$273.7M	10.4%	—
Invesco Ltd.	29,279,641	$244.5M	9.3%	—
VANGUARD CAPITAL MANAGEMENT LLC	16,078,193	$134.3M	5.1%	—
JPMORGAN CHASE & CO	12,458,083	$105.3M	4.0%	TRIM -31.6%
MORGAN STANLEY	11,178,583	$93.3M	3.6%	ADD +37.7%
D. E. Shaw & Co., Inc.	10,325,869	$86.2M	3.3%	ADD +57.1%
STATE STREET CORP	9,343,979	$78.0M	3.0%	—
BAILLIE GIFFORD & CO	8,632,095	$72.1M	2.7%	—

Recent position changes

Fund	Action	Prev	Current	Change	Value
SCHRODER INVESTMENT MANAGEMENT GROUP	TRIM	76,829,728	45,630,307	-40.6%	$381.0M
JPMORGAN CHASE & CO	TRIM	18,204,414	12,458,083	-31.6%	$105.3M
MORGAN STANLEY	ADD	8,116,088	11,178,583	+37.7%	$93.3M
D. E. Shaw & Co., Inc.	ADD	6,572,907	10,325,869	+57.1%	$86.2M
VOLORIDGE INVESTMENT MANAGEMENT, LLC	ADD	5,661,906	7,328,394	+29.4%	$61.2M
MARSHALL WACE, LLP	ADD	3,456,970	6,041,331	+74.8%	$50.4M
GEODE CAPITAL MANAGEMENT, LLC	ADD	3,549,442	5,988,857	+68.7%	$49.8M
NORGES BANK	NEW	—	5,837,956	—	$48.7M
BNP PARIBAS FINANCIAL MARKETS	ADD	4,201,617	5,567,989	+32.5%	$46.5M
SEI INVESTMENTS CO	ADD	3,980,820	5,211,435	+30.9%	$43.5M

Insider activity

Buying and selling by company executives and directors (SEC Form 4).

1 insiders, 1 transactions. Net $0.00 — $0.00 bought, $0.00 sold.

Date	Insider	Title	Type	Shares	Price	Value
Sep 29, 2026	PAN TSAI-CHUN	Group Vice President	EXERCISE	155,320	$3.86	$599.5K

Short interest & halts

FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TME.

Shares short

29,042,465

Settlement Sep 15, 2026

Change vs prior

-10.7%

Semi-monthly cycle

Days to cover

4.7

At avg daily volume

Of shares outstanding

≈1.9%

Estimate — not % of float

All TME filing & press-release reports (6)

6-K reportSep 11, 2026
6-K reportSep 4, 2026
6-K reportSep 1, 2026
6-K reportAug 11, 2026
6-K reportJul 14, 2026
6-K reportJun 30, 2026