Sony Group Corporation (SONY)
| Market Cap | 99.01B |
| Revenue (ttm) | 88.88B |
| Net Income (ttm) | 6.42B |
| Shares Out | 1.22B |
| EPS (ttm) | 4.76 |
| PE Ratio | 18.32 |
| Forward PE | 16.05 |
| Dividend | $0.56 (0.69%) |
| Ex-Dividend Date | Sep 28, 2023 |
| Volume | 549,070 |
| Open | 81.51 |
| Previous Close | 81.88 |
| Day's Range | 81.20 - 82.16 |
| 52-Week Range | 79.62 - 100.94 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 108.00 (+32.84%) |
| Earnings Date | May 14, 2024 |
About SONY
Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes m... [Read more]
Financial Performance
In 2022, Sony Group's revenue was 11.54 trillion, an increase of 16.31% compared to the previous year's 9.92 trillion. Earnings were 937.13 billion, an increase of 6.23%.
Financial numbers in JPY Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SONY stock is "Strong Buy." The 12-month stock price forecast is $108.0, which is an increase of 32.84% from the latest price.
News
Paramount Shares Leap As Investors Cheer Sony-Apollo Scenario
Paramount Global shares jumped 13% Friday as investors cheered news that Sony Pictures Entertainment is talking with Apollo Global Management about joining Apollo's bid for Paramount. The beleaguered ...
Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid
Paramount is currently engaged in exclusive deal talks with Skydance Media, though some investors have urged Paramount to explore other options.
Apollo's Paramount Bid Gets Key Boost With Sony Support
Apollo Global Management Inc. is one of Wall Street's biggest names, but its bid for Paramount Global took on greater credibility with Sony Group Corp. joining the offer, Bloomberg's Chris Palmeri rep...
Paramount rallying on news of possible Apollo-Sony joint bid
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the deal talks surrounding Paramount.
Paramount Jumps as Sony, Apollo Reportedly Consider a Joint Bid for the Media Giant
Paramount Global (PARA) shares soared close to 8% in early trading Friday after The New York Times reported that Sony Group's (SONY) studio division was in talks with Apollo Global Management about jo...
Sony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global , according to a person familiar with the matter.
Sony Is Said to Be in Talks With Apollo on Joint Paramount Bid
Bloomberg has learned that Sony Group Corp. and Apollo Global Management Inc. are considering teaming up in a bid for the film and TV giant Paramount Global. The two companies haven't submitted an off...
Sony in talks with Apollo to team up on bid to buy Paramount: sources
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday.
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global traded higher following a report that Sony's movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.
Sony In Talks To Team With Apollo In Bid For Paramount Global
Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don't say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerr...
Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12%
Sony and investment firm Apollo Management are in talks about a joint buyout of Paramount Global, according to multiple outlets, sending Paramount shares up around 12% in after-hours trading Thursday.
Cinema is coming home: Sony Electronics introduces brand-new range of BRAVIA® Theater home audio products
The BRAVIA Theater Line-up offers new soundbars, a home theater system, and a neckband speaker for immersive cinematic sound – all made to seamlessly integrate with the new BRAVIA TVs SAN DIEGO , Apri...
Sony 16-25mm F2.8 G Lens Introduced; Compact Ultra-Wide 16-25mm f/2.8 G Lens Preorder and More Info at B&H Photo
NEW YORK--(BUSINESS WIRE)-- #Apple--B&H is excited to announce Sony's FE 16-25mm f/2.8 G lens, a compact ultra-wide-angle zoom characterized by its portability and speed. This lens complements the rec...
Sony Electronics Announces a Compact Wide-Angle FE 16-25mm F2.8 G Zoom Lens
A constant F2.8 full-frame E-mount lens that offers high-resolution image quality, a wide-angle zoom range and excellent portability SAN DIEGO , April 16, 2024 /PRNewswire/ -- Sony Electronics is plea...
ATREG Announces Completion of JDI's Higashiura, Japan Fab Sale to Sony
SEATTLE--(BUSINESS WIRE)-- #Higashiura--ATREG announces that the acquisition of JDI's operational LCD panel manufacturing fab in Higashiura, Japan by Sony has officially closed.
Sony Semiconductor Brings Inference Close To The Edge
AI only matters to businesses if the technology enables competitive differentiation or drives increased efficiencies. The past year has seen technology companies focus on training models that promise ...
How Sony's PlayStation has rivaled Microsoft and Nintendo in the console wars
CNBC takes a look back at the how the Sony's PlayStation brand created the best-selling video game console of all time.
PlayStation is laying off 900 people globally — read the full email employees received about it
Sony announced roughly 900 employees would be laid off from the PlayStation division. The decision comes amidst a slowing gaming market, with others like Microsoft also cutting jobs.
Sony to lay off 900 workers in its PlayStation division
Company will cut 8% of workforce, citing changes in industry and a need to ‘deliver on expectations from developers and gamers'
Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs.
Sony lays off 900 workers from PlayStation division amid videogame slump
Sony Interactive Entertainment said Tuesday that it's laying off some 900 employees in its PlayStation unit -- 8% of its global workforce.
Sony Laying Off 900 PlayStation Employees In Latest Gaming Industry Cuts
Sony Interactive Entertainment, Sony's video game division, is laying off 900 employees across multiple PlayStation studios and will completely close its London studio, the company announced Tuesday, ...
Sony to lay off 900 PlayStation employees, shut London studio
Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
Sony plans to lay off 900 employees as part of global restructuring
Sony joins the list of games companies laying off employees as it plans to reduce its global headcount by 8%, or about 900 people.
Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce
Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce