Sony Group Corporation (SONY)
| Market Cap | 126.34B |
| Revenue (ttm) | 91.76B |
| Net Income (ttm) | 7.84B |
| Shares Out | 6.03B |
| EPS (ttm) | 1.28 |
| PE Ratio | 16.12 |
| Forward PE | n/a |
| Dividend | $0.06 (0.27%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 5,678,194 |
| Open | 20.85 |
| Previous Close | 20.66 |
| Day's Range | 20.78 - 21.16 |
| 52-Week Range | 15.02 - 22.71 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 24.00 (+14.18%) |
| Earnings Date | Feb 12, 2025 |
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 2023, Sony Group's revenue was 13.02 trillion, an increase of 18.65% compared to the previous year's 10.97 trillion. Earnings were 970.57 billion, a decrease of -3.45%.
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 $24.0, which is an increase of 14.18% from the latest price.
News
Sony Electronics, ERI, T&N, and Friends of Hawaii Charities to Team Up for Free E-Waste Recycling Event in Honolulu
HONOLULU--(BUSINESS WIRE)-- #ESG--Sony Electronics Inc.; ERI – the nation's leading recycler of electronics and cybersecurity-focused hardware destruction company; and T&N – Hawaii's leading e-waste c...
Kadokawa shares set to tank after Sony talks end in raised stake, not acquisition
Shares of Japan's Kadokawa were set to fall by their daily limit on Friday after the media powerhouse behind the "Elden Ring" game announced a capital tie-up with Sony instead of a widely anticipated ...
Sony buys 10% of 'Elden Ring' owner for $320 mn
Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game 'Elden Ring'.
Sony to become top shareholder of media powerhouse Kadokawa
Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa , raising its stake in the Japanese media powerhouse to around 10% and becoming Kadokaw...
Sony to Raise Stake in Kadokawa, Becoming a Top Shareholder
Sony Group plans to acquire an additional stake in Japanese publishing house Kadokawa for more than $300 million to become one of its largest shareholders.
Sony Shares Top Record Closing High
The Japanese company's shares climbed to a new record close, driven by growing hopes for its games segment and other entertainment businesses.
Apple Reportedly Working With Sony to Bring Playstation VR Controllers to Vision Pro
Apple's headset already supports some third-party controllers but not ones with specific functionality for VR gaming.
Apple is reportedly asking Sony for help with its Vision Pro problem
Apple's Vision Pro headsets went on sale in February. They have not taken the world by storm.
Sony Looks to Expand Reach in Anime, Gaming
How the entertainment company's potential acquisition of Kadokawa, the home of “Elden Ring,” could upend anime and gaming.
Sony Is Working on a PS5 Portable Console to Rival Nintendo's Switch, Report Says
Sony joins Microsoft in the race to develop a standalone portable console that would play games on the go like Nintendo's popular Switch console.
Sony India secures $170 mln Asian cricket media rights; Reliance-Disney skips bidding
Sony's India unit said on Friday it had secured the media rights for all Asian Cricket Council (ACC) tournaments until 2031, which a source with direct knowledge of the matter put the value at $170 mi...
Kadokawa shares jump 16% after news of Sony talks
Kadokawa's shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire the publishing, anime and gaming powerhouse.
Sony Electronics Announces Second-Generation Flagship Alpha 1 II
A Combination of High R esolution, Speed, and AI Recognition Designed for Professionals SAN DIEGO , Nov. 19, 2024 /PRNewswire/ -- Today Sony Electronics Inc. introduces the Alpha 1 II, its new flagshi...
Sony considers acquiring Kadokawa: what's driving the talks?
Sony Group Corp. is actively exploring a takeover of Japanese media powerhouse Kadokawa Corp., aiming to reinforce its global content portfolio, according to a report by Reuters. This potential acquis...
Exclusive: Sony in talks to buy media powerhouse behind 'Elden Ring', sources say
Sony is in talks to acquire Kadokawa , the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment ...
Sony Music agrees to end lawsuit over Whitney Houston movie
Sony Music Entertainment told a California federal court on Monday that it would drop its lawsuit accusing investors and makers of the 2022 movie "Whitney Houston: I Wanna Dance With Somebody" of usin...
North America Soundbar Market and Competition Analysis 2024-2031, Featuring Strategic Profiles of Bose, Sony, Intex Technologies, Yamaha, Samsung Electronics and Other Key Players
Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "North America Soundbar Market Size, Share & Trends Analysis by Type, Application, Installation Method, Distribution Channel, Connectivity, and Country: 2...
Sony Taps On The Brakes For Growth
Sony Group Corporation reported robust Q2 '24 earnings, driving shares up 12%, despite management guidance for e2h24 showing more moderate growth trends. Management is expecting growth to slow due to ...
Sony Group Corporation (SONY) Q2 2024 Earnings Call Transcript
Sony Group Corporation (NYSE:SONY) Q2 2024 Results Conference Call November 8, 2024 2:00 AM ET Company Participants Hiroki Totoki - President, COO, CFO Naomi Matsuoka - Senior Vice President in Charg...
The Score: Warner Bros. Discovery, JPMorgan Chase, Sony and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony revised its fiscal 2025 revenue target up slightly to 12.7 trillion yen ($83 billion) — it was previously targeting 12.6 billion yen in sales. The tech giant reported better-than-expected profit ...
Sony stock rises as gaming and imaging units boost profits
Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.
Sony's Profit Jumps on Strength in Game, Image-Sensor Businesses
The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.
Sony Pictures Entertainment Q2 Profits Slide To $124M; Impact From Hollywood Strikes Cited
Second-quarter profits at Sony Pictures Entertainment slid to $124 million for the three months ended September 30, 2024. That's a 39% decrease versus the similar quarter in 2023, on a U.S. dollar bas...
Sony's Q2 game/network service sales rise 12% to $7.01B
Helldivers 2 has sold 12 million copies on the PS5 and PC to date, while Astro Bot has sold more than 1.5 million copies to date.