Price movement over the last 24 hours
Applied Digital Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? Applied Digital Corporation trades at $30.79 (market cap $8.90B), while Tencent Music Entertainment Group - ADR trades at $8.83 (market cap $14.63B). The key difference: Tencent Music Entertainment Group - ADR is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays a 2.7% dividend while Applied Digital Corporation pays none. Which is the better fit depends on your goals.
| APLD | TME | |
|---|---|---|
Market Cap | $8.90B | $14.63B |
Sector | Technology | Media |
52-Week High | $49.65 | $26.36 |
52-Week Low | $9.18 | $8.16 |
Enterprise Value | $10.00B | $11.41B |
Dividend Yield | — | 2.7% |
Signals from Pluang's Aura AI — not financial advice
Applied Digital (APLD) trades at $31.15, down 3.53% today, amid bearish technical signals despite unanimous analyst buy ratings. The company shows strong revenue growth with $144M in 2025 and $319M projected for 2026, but remains unprofitable with negative margins. Recent news highlights APLD's pivot to AI data centers with $36B in contracted lease value, though execution risks and customer concentration persist.
Outlook: High growth potential from AI infrastructure expansion contrasts with profitability challenges and heavy capital spending. Risks include customer concentration and debt load, but analyst consensus targets $76.67 suggest significant upside if execution improves.
TME trades at $8.88, up 0.34% today, with a bullish technical signal despite recent earnings misses. The stock shows strong fundamentals with a P/E of 10.63 and net income margin of 26.48% for 2025. Revenue grew to $32.90B in 2025, though Q2 2026 EPS is expected at $0.24. Analyst consensus is mixed with a $14.00 price target. Recent news highlights strategic moves like the Ximalaya acquisition and partnerships, though competition remains a concern.
The outlook for TME is cautiously optimistic with solid profitability and valuation support, but near-term growth faces headwinds from competition and AI-related challenges. Investors should weigh the attractive margins against execution risks and market sentiment shifts for balanced exposure.
Trailing returns across standard periods
Latest headlines on both assets
Applied Digital provides high-performance computing (HPC) infrastructure and cloud services. It designs and operates data centers tailored for AI, machine learning, and other intensive digital workloads across North America.
Read more on APLD →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →