Tme stock oversold

Man earnings weren't that bad this stock should be 9+ right or an i wrong? Had steady financial results for the first quarter of 2026, with total revenue growing by 7% year-over-year, driven by a 12% increase in music-related services revenue. Membership services, generating RMB 4.6 billion, saw a 7% year-over-year growth due to enhancements in membership offerings, such as fan club memberships and diversified benefits. Tencent Music‘s second-quarter revenue surpassed expectations, reaching 8.93 billion yuan compared to the estimated 8.75 billion yuan. Operating income for Tencent Music also exceeded projections, amounting to 3.04 billion yuan against the forecasted 2.88 billion yuan. The company’s Non-IFRS diluted earnings per American Depositary Share (ADS) were reported at 1.70 yuan, higher than the anticipated 1.59 yuan. Executive Chairman of Tencent Music, Mr. Cussion Pang, highlighted the strong performance as a result of the company’s content-and-platform strategy. Analyst recommendations include 25 buy ratings, 11 hold ratings, and no sell ratings.