Stock Track | Tencent Music Plummets 15% in Pre-Market Following Mixed Q4 Results and Declining User Metrics

Stock Track

Mar 18

Tencent Music Entertainment Group's stock plummeted 15.00% in pre-market trading on Wednesday, extending recent losses for the Chinese online music platform.

The sharp decline follows the company's release of fourth-quarter 2025 financial results, which presented a mixed picture for investors. While Tencent Music beat revenue expectations with CNY8.64 billion in Q4 revenue (up 15.9% year-over-year) and exceeded adjusted EPS estimates, the company reported declining monthly active users and faced analyst downgrades due to concerns about user metrics.

Key concerns driving the sell-off include a 5% year-over-year decline in monthly active users for online music services to 528 million, continuing a trend of user attention diversion to short-video platforms. Despite growth in paying users and average revenue per user, the declining user base and an earnings miss triggered a wave of analyst reassessments, compounding losses that had already seen the stock fall significantly in recent trading sessions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1123571244"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1123571244\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1123571244?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-18 09:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1123571244","market":"nz","top_or_hot":-1,"title":"Stock Track | Tencent Music Plummets 15% in Pre-Market Following Mixed Q4 Results and Declining User Metrics","media":"Stock Track","content":"<p>Tencent Music Entertainment Group's stock plummeted 15.00% in pre-market trading on Wednesday, extending recent losses for the Chinese online music platform.</p><p>The sharp decline follows the company's release of fourth-quarter 2025 financial results, which presented a mixed picture for investors. While Tencent Music beat revenue expectations with CNY8.64 billion in Q4 revenue (up 15.9% year-over-year) and exceeded adjusted EPS estimates, the company reported declining monthly active users and faced analyst downgrades due to concerns about user metrics.</p><p>Key concerns driving the sell-off include a 5% year-over-year decline in monthly active users for online music services to 528 million, continuing a trend of user attention diversion to short-video platforms. Despite growth in paying users and average revenue per user, the declining user base and an earnings miss triggered a wave of analyst reassessments, compounding losses that had already seen the stock fall significantly in recent trading sessions.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Tencent Music Plummets 15% in Pre-Market Following Mixed Q4 Results and Declining User Metrics</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Tencent Music Plummets 15% in Pre-Market Following Mixed Q4 Results and Declining User Metrics\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-03-18 09:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tencent Music Entertainment Group's stock plummeted 15.00% in pre-market trading on Wednesday, extending recent losses for the Chinese online music platform.</p><p>The sharp decline follows the company's release of fourth-quarter 2025 financial results, which presented a mixed picture for investors. While Tencent Music beat revenue expectations with CNY8.64 billion in Q4 revenue (up 15.9% year-over-year) and exceeded adjusted EPS estimates, the company reported declining monthly active users and faced analyst downgrades due to concerns about user metrics.</p><p>Key concerns driving the sell-off include a 5% year-over-year decline in monthly active users for online music services to 528 million, continuing a trend of user attention diversion to short-video platforms. Despite growth in paying users and average revenue per user, the declining user base and an earnings miss triggered a wave of analyst reassessments, compounding losses that had already seen the stock fall significantly in recent trading sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01698","symbol_name":"腾讯音乐-SW","start_time":0,"source_url":"","article_id":"1123571244","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123571244","pubTimestamp":1773797493,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Tencent Music Entertainment Group's stock plummeted 15.00% in pre-market trading on Wednesday, extending recent losses for the Chinese online music platform.The sharp decline follows the company's...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01698":"腾讯音乐-SW"},"translate_title":"个股追踪|Q4业绩好坏参半用户指标下滑腾讯控股音乐盘前暴跌15%","themeId":"2e425c589367727c45ebc6603195acab","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01698":1},"content_text":"Tencent Music Entertainment Group's stock plummeted 15.00% in pre-market trading on Wednesday, extending recent losses for the Chinese online music platform.The sharp decline follows the company's release of fourth-quarter 2025 financial results, which presented a mixed picture for investors. While Tencent Music beat revenue expectations with CNY8.64 billion in Q4 revenue (up 15.9% year-over-year) and exceeded adjusted EPS estimates, the company reported declining monthly active users and faced analyst downgrades due to concerns about user metrics.Key concerns driving the sell-off include a 5% year-over-year decline in monthly active users for online music services to 528 million, continuing a trend of user attention diversion to short-video platforms. Despite growth in paying users and average revenue per user, the declining user base and an earnings miss triggered a wave of analyst reassessments, compounding losses that had already seen the stock fall significantly in recent trading sessions.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}