Tencent Music (TME) jumps 7% as investors position ahead of Q4/FY2025 results

Tencent Music Entertainment Group (TME) is up 7.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to pre-earnings positioning ahead of Tencent Music’s fourth-quarter and full-year 2025 results scheduled for release on March 17, 2026, with the board set to review and approve the results on March 16, 2026. With expectations for continued growth in paid users and subscription revenue, traders may be bidding up shares into the print, especially after recent analyst target increases.

Details:

The company announced it will report unaudited fourth-quarter and full-year 2025 financial results before the U.S. market opens on March 17, 2026, alongside a webcast/conference call.

The company disclosed that its board of directors would meet on March 16, 2026 to review and vote on the unaudited results, which can draw incremental attention and speculation the day before release.

Recent sell-side research updates included higher target prices and maintained bullish ratings, which can reinforce positive sentiment into an earnings catalyst.

This could also reflect short covering and broader risk-on appetite for U.S.-listed China internet names into a key event window, amplifying a single-day swing.

Sources:

Tencent Music Investor Relations, TipRanks, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TME Hedge Fund Activity

We have seen 161 institutional investors add shares of $TME stock to their portfolio, and 218 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SCHRODER INVESTMENT MANAGEMENT GROUP added 18,554,567 shares (+30.0%) to their portfolio in Q4 2025, for an estimated $325,261,559
FMR LLC added 5,165,020 shares (+42.7%) to their portfolio in Q4 2025, for an estimated $90,542,800
GREEN COURT CAPITAL MANAGEMENT LTD added 4,854,084 shares (+467.2%) to their portfolio in Q4 2025, for an estimated $85,092,092
INVESCO LTD. added 4,629,058 shares (+195.9%) to their portfolio in Q4 2025, for an estimated $81,147,386
PRICE T ROWE ASSOCIATES INC /MD/ removed 4,620,198 shares (-99.5%) from their portfolio in Q4 2025, for an estimated $80,992,070
SUMITOMO MITSUI TRUST GROUP, INC. added 4,366,226 shares (+312.3%) to their portfolio in Q4 2025, for an estimated $76,539,941
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 4,158,397 shares (+inf%) to their portfolio in Q4 2025, for an estimated $72,896,699

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TME Analyst Ratings

Wall Street analysts have issued reports on $TME in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 11/13/2025
Barclays issued a "Overweight" rating on 11/12/2025

To track analyst ratings and price targets for $TME, check out Quiver Quantitative's $TME forecast page.

$TME Price Targets

Multiple analysts have issued price targets for $TME recently. We have seen 4 analysts offer price targets for $TME in the last 6 months, with a median target of $25.0.

Here are some recent targets:

Ellie Jiang from Macquarie set a target price of $14.1 on 03/05/2026
Yang Liu from Morgan Stanley set a target price of $25.0 on 12/22/2025
Fawne Jiang from Benchmark set a target price of $25.0 on 11/13/2025
Jiong Shao from Barclays set a target price of $28.0 on 11/12/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.