TME is trading at $10.28 (-9.59%) in after-hours following a Q4 2025 earnings miss and weak 2026 guidance that triggered a sharp intraday selloff.
- Monthly active users shrank by 5% as the company faces increasing competition from AI music platforms despite revenue reaching $1.24B.
- Analyst downgrades from Macquarie, Benchmark, and JP Morgan cited margin pressures and regulatory risks, further amplifying the decline.