Shares of Tencent Music Entertainment Group Sponsored ADR (TME) have gained 2.8% over the past four weeks to close the last trading session at $11.59, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.70 indicates a potential upside of 26.8%. The average comprises 15 short-term price targets ranging from a low of $10.50 to a high of $18, with a standard deviation of $2.01. Whil ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

Investors interested in stocks from the Internet - Content sector have probably already heard of Tencent Music Entertainment Group Sponsored ADR (TME) and TechTarget (TTGT) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis o ...

Shares of Tencent Music Entertainment Group (TME, Financial) surged 6.00% in mid-day trading on Oct 2. The stock reached an intraday high of $14.05, before settling at $13.52, up from its previous close of $12.75. This places TME 14.30% below its 52-week high of $15.77 and 121.92% above its 52-week low of $6.09. Trading volume was 9,970,213 shares, 88.6% of the average daily volume of 11,256,975.Wall Street Analysts ForecastBased on the one-year price targets offered by 27 analysts, the average target price ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond ...

Investors interested in Internet - Content stocks are likely familiar with Tencent Music Entertainment Group Sponsored ADR (TME) and Airbnb, Inc. (ABNB) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revisi ...

Tencent Music Entertainment Group (NYSE:TME) Q2 2024 Results Conference Call August 13, 2024 7:00 AM ET Company Participants Millicent Tu - Head of IR Cussion Pang - Executive Chairman Ross Liang - CEO Shirley Hu - CFO Conference Call Participants Alicia Yap - Citigroup Lincoln Kong - Goldman Sachs Alex Poon - Morgan Stanley Lei Zhang - Bank of America Merrill Lynch Wei Xiong - UBS Thomas Chong - Jefferies Millicent Tu Good evening, and good morning, and welcome to Tencent Music Entertainment Second Quarter ...

证券研究报告 | 2024年08月16日 腾讯音乐（TME.N） 优于大市 订阅业务健康发展，下半年关注 SVIP 会员运营 收入同比下跌 1.7%，在线音乐业务增长强劲。24Q2，公司实现总收入 71.6 亿元，同比-1.7%，环比+5.8%，在线音乐收入占比达 76%。毛利率同比 上升 7.8pct，经调整利润率同比上升 6.1pct。2024Q2，公司毛利率 42.0%， 同比+7.8pct,环比+1.1pct。中期毛利率还在上升趋势，版权成本端还 有优化空间、以及 svip 长期运营会提升毛利率。费率方面，管理费率 还有优化空间。在成本端和费用端持续优化下，24Q2 经调整净利润 19.6 亿元，同比+25.7%。经调整利润率 27.7%，同比+6.1pct，环比+1.0pct。 公司下半年关注 SVIP 会员运营。在线音乐业务：24Q2，在线音乐收入 54.2 亿元，同比+27.7%。1）其中，订阅业务收入 37 亿元，同比+29%。24Q2 订阅用户环比净增 350 万，我们预计 24Q3 订阅用户环比净增在 150-200 万区间。24Q2 付费率达 20.5%，同比+3.8pct。月 ARPP ...

2024 年 8 月 14 日 公司研究 业绩基本符合预期，关注 SVIP 用户开拓进展 ——腾讯音乐（TME.N）24Q2 业绩点评 要点 增持（维持） 事件：公司 2Q24 实现营收 71.6 亿元（yoy-1.7%，vs 彭博一致预期 71.3 亿元），毛利润 30.1 亿元，同比提升 20.5%，对应毛利率为 42.0% （yoy+7.7pct，vs 彭博一致预期 41.7%），主要得益于音乐订阅和广告 服务收入强劲增长，以及原创内容的占比提升。费用端持续优化，实现调 整后净利润 19.9 亿元（yoy+26%，vs 彭博一致预期 18.3 亿元），实现经 调整归母净利润 18.7 亿元（yoy+22.5%）。总额为 2.12 亿美元的 23 财 年年度现金股利已于 24 年 6 月完成支付。 点评：在线音乐业务稳健增长，社交娱乐业务受宏观经济影响预计承压。 在线音乐收入 54.2 亿元（yoy+27.7%），占总收入比例同比提升 17.5pct 至 75.8%。1）会员订阅收入 37.4 亿元（yoy+29.4%），2Q24 订阅付费 用户数达1.17亿人，环比净增350万人，付费率同比提升3.8p ...

交银国际研究 公司更新 互联网 2024 年 8 月 14 日 收盘价 目标价 潜在涨幅 美元 11.12 美元 14.00↓ +25.9% 腾讯音乐 (TME US) 2 季度利润超预期；全年音乐会员净增下调，聚焦 SVIP 运营提升 ARPPU 2024 年 2 季度利润超预期。腾讯音乐 2 季度收入为 72 亿元（人民币，下 同），基本符合我们和 Visible Alpha 一致预期，同比降 2%，仍受社交娱乐 业务调整影响。毛利率 42%，同/环比优化 8/1 个百分点，持续受益于订阅 及广告收入增长、自制内容增加。经调整归母净利润 18.7 亿元（同比增 22%），高于市场预期的 17.9 亿元，经调整净利率 26%，同环比提升 5/1 个百分点，受益于毛利率优化及管理费用优化，部分被税率提升所抵消。 在线音乐基本符合预期。在线音乐收入 54 亿元，同比增 28%，收入占比 环比提升 2 个百分点至 76%。音乐订阅维持增势，同比增 29%。音乐会员 1.17 亿，环比净增 350 万，略低于 Visible Alpha 一致预期的 366 万，对应 付费率 20.5%，同/环比+3.8/0.9 个 ...