SoftBank Group Corp. (SFTBY)

OTCMKTS: SFTBY · Delayed Price · USD
19.62
+0.66 (3.48%)
Jun 24, 2022 4:00 PM - Market closed
3.48%
Market Cap 63.07B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 3.21B
EPS (ttm) 4.26
PE Ratio 4.61
Forward PE 23.26
Dividend $0.10 (0.49%)
Ex-Dividend Date n/a
Volume 560,873
Open 19.46
Previous Close 18.96
Day's Range 19.12 - 19.80
52-Week Range 16.78 - 35.90
Beta 1.09
Analysts Buy
Price Target 28.36 (+44.5%)
Earnings Date n/a

About SFTBY

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through five segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. The company offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices. It is also involved in the internet advertising marketing, online advertising distribution, and e-book distribution services; planning and operation of fashion e-commerce website; mail-order sale of stati... [Read more...]

Industry Telecom Services
Founded 1981
Country Japan
Stock Exchange OTCMKTS
Ticker Symbol SFTBY
Full Company Profile

Analyst Forecast

According to 22 analysts, the average rating for SFTBY stock is "Buy." The 12-month stock price forecast is 28.36, which is an increase of 44.55% from the latest price.

Price Target
$28.36
(44.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nasdaq listing most likely for Arm - SoftBank's Son

Softbank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list chip designer Arm on Nasdaq while stressing no final decision ...

SoftBank Faces Shareholders After $34 Billion Fall

Masayoshi Son will face investors after a record yearly loss when SoftBank Corp. hosts its annual shareholders meeting later Friday. Confidence from even his most faithful backers may be at a breaking p...

SoftBank Group International's new CEO is leaving, just five months after being appointed

If SoftBank investors were already feeling shaken by the conglomerate's poor performance this year, a news release out of the company tonight isn't exactly going to assuage their concerns. The big news?

SoftBank overseas business chief exits in latest churn

TOKYO (Reuters) -Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after j...

This feels like a SoftBank deal from 4 years ago

Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines. Equity is back in the saddle this week, with Mary Ann and Alex and Grace...

Glass Lewis opposes lawyer election to SoftBank board for second year

Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors for a second consecutive year due to his professional...

CoachHub raises $200M led by Sofina and SoftBank Vision Fund 2

Digital coaching platform CoachHub plans to further expand in the Asia Pacific and other regions of the world after raising a $200 million Series C. The round, led by Sofina and Softbank Vision Fund 2, ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoftBank Group Corp. - SFTBY

New York, New York--(Newsfile Corp. - June 6, 2022) - Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corp. (or the "Company") (OTC Pink: SFTBY). Such investors are advise...

Wall Street: Yet another SoftBank SPAC mess

In today's 10 Things on Wall Street: Another SoftBank SPAC implosion and Citadel welcomes its latest interns to Palm Beach and Fort Lauderdale.

SoftBank co-led $66 million round for blockchain-focused InfStones

Despite shaky markets, a steady stream of investors continue writing big checks for blockchain infrastructure providers. InfStones, which aims to help clients build applications across a number of block...

Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier ...

SoftBank CFO's pay fell nearly 40% after the company's VC fund lost $26.2 billion, a report says

The 100 million yen paycheck for SoftBank's founder and CEO Masayoshi Son stayed roughly the same but several top executives have taken pay cuts.

Japan's SoftBank cuts borrowing from Mizuho, Goldman Sachs

SoftBank Group Corp trimmed borrowing from its main bank Mizuho Financial Group Inc by 4.5% in the year ended March to 812 billion yen ($6.38 billion), a filing showed.

Shareholder Alert: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SoftBank Group Corp. - SFTBY

New York, New York--(Newsfile Corp. - May 28, 2022) - Pomerantz LLP is investigating claims on behalf of investors of SoftBank Group Corp. (""or the "Company") (OTC Pink: SFTBY). Such investors are advi...

SoftBank leads $150M round for Firework's shoppable video

Firework provides tools for retailers and consumer brands to tap into their own customer data to build engaging video experiences across their own digital properties and social channels.

SoftBank-backed logistics firm Delhivery valued at $4.9 billion in India debut

BENGALURU (Reuters) -Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion ru...

Cornami Closes over $68 Million Funding in Oversubscribed Series C Led by SoftBank Vision Fund 2

CAMPBELL, Calif.--(BUSINESS WIRE)--Cornami, Inc. – Cornami, named for a “tsunami of cores”, announced today the closing of more than $68 million in its oversubscribed Series C funding led by SoftBank Vi...

SoftBank losses $13.2 billion amid selloff

SoftBank Group Corporation (OTCMKTS: SFTBY), one of the most effective and aggressive high-tech investors in the world, claimed that it lost more cash in the previous financial year than it had ever exp...

Better.com CEO Vishal Garg says he is ‘personally liable' for $750M SoftBank loan

Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed” the $750 million cash infusion provided to the online mortgage lender last November in an email seen by TechCrunc...

Other symbols: AURC

For the first time, Japan's SoftBank could spend more on share buybacks than new investments: CLSA

Japanese conglomerate SoftBank Group on Thursday posted a record $27 billion loss in its Vision Fund as tech stocks have plummeted in recent months.

Jefferies explains it's bullish call on SoftBank

Atul Goyal of the investment bank explains why it's bullish even though there's "not a whole lot of upside" at the moment.

SoftBank's chip tech firm Arm posts record 2021 revenue

SoftBank Group Corp's chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive Rene Haas told Reuters its business for new chip designs indicates a strong outlook.

SoftBank fund posts $27B loss, Moderna CFO ousted, Abbott could restart baby formula production

Notable business headlines include SoftBank's vision fund posting a $27 billion loss, Moderna CFO Jorge Gomez departing from the company within a week of starting in the role, and Abbott revealing that ...

Other symbols: ABTMRNA

SoftBank plans to keep majority stake after Arm IPO and wants to list the firm as soon as possible

Japanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company through an initial public offering.

SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet

SoftBank Founder Masayoshi Son said the company would be more "conservative when it comes to the pace of new investments" as it goes into a "defense" position.