Sony Group Corporation (SONY)
| Market Cap | 112.85B |
| Revenue (ttm) | 91.76B |
| Net Income (ttm) | 7.84B |
| Shares Out | 6.03B |
| EPS (ttm) | 1.28 |
| PE Ratio | 14.40 |
| Forward PE | n/a |
| Dividend | $0.34 (1.83%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 2,419,101 |
| Open | 19.00 |
| Previous Close | 19.12 |
| Day's Range | 18.62 - 19.01 |
| 52-Week Range | 15.02 - 20.67 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 24.00 (+28.55%) |
| Earnings Date | Nov 8, 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 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 28.55% from the latest price.
News
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.
Sony operating profit jumps 42% in H1
Sony's operating profit soared 42.3% in the first half of the financial year ending March, the company reported on Friday.
Sony reports 69% jump in operating profit, beating expectations
Sony reports 69% jump in operating profit, beating expectations
Swift Navigation Collaborates with Sony Semiconductor Solutions to Enable Precise Location in Small Battery Powered Devices
SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Swift Navigation ("Swift"), a leader in precise positioning technology, announced a joint solution developed with Sony Semiconductor Solutions Corporat...
Sony Interactive Entertainment Launches PlayStation 5 Pro
SAN MATEO, Calif.--(BUSINESS WIRE)--Today, Sony Interactive Entertainment expands the PlayStation®5 (PS5®) family of products with the release of the new PlayStation®5 Pro (PS5®Pro) console – the comp...
ERI Teams With Sony Electronics to Offer Free E-Waste Recycling Event at Sony Facility in Paramus, New Jersey
PARAMUS, N.J.--(BUSINESS WIRE)-- #ESG--ERI, the nation's leading recycler of electronics and cybersecurity-focused hardware destruction company, is teaming with Sony Electronics Inc. to provide Paramu...
Sony sues CBS over game show revenue
CNBC's Joe Kernen reports on the latest news.
'Jeopardy!' and 'Wheel of Fortune' at Center of Legal Feud Between Sony and CBS
Sony alleges that CBS, which distributes the shows, has hurt profitability for the franchises.
Getac Integrates Sony Semiconductor Solutions' SORPLAS™ Environmentally Conscious Plastic into its Range of Premium Rugged Products
News in brief: Getac aims to take a new step towards a sustainable world by adopting SORPLAS™ from Sony Semiconductor Solutions (SSS) in its premium rugged products, beginning with the recently launch...
Sony is shutting down Firewalk Studios after disastrous Concord launch
Sony acquired the studio in 2023, with Concord seemingly a major part of the company's push into live-service games.
Sony Should Appreciate And Potentially Break Out
Sony is undervalued and poised for growth due to its intellectual property, financial services, and strong segments like gaming, pictures, and music. Crunchyroll's growing subscriber base and potentia...
How Sony is transforming the future of the NFL
Sony is now the official technology partner of the NFL. Here's what it means for professional football.
Why is Sony Group's stock price so ‘low' today? Don't panic, SONY just split.
The stock market may be hovering around all-time highs, but some companies are finding ways to lower their share prices to make them more accessible to a bigger pool of investors. That includes electr...
Sony Music ends US legal battle with Marriott over song use in ads
Sony Music will dismiss a lawsuit that accused hotel chain Marriott of misusing hundreds of its songs in advertisements on social media platforms, the companies told a Delaware federal court on Tuesda...
Micro-LED Global Research Report 2024-2034 Featuring Leading Players - Sony, SAMSUNG, EPISTAR, Innolux, Plessey, and PlayNitride
Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Micro-LED Market - A Global and Regional Analysis: Focus on Application, End-use Industry, Resolution and Brightness, Panel Size, and Region - Analysis a...
Sony's PlayStation Network suffers hourslong outage, irking videogamers
Sony's PlayStation Network went down for hours on Tuesday, frustrating gamers around the world who complained they weren't able to sign in to their accounts.
Sony Pictures CEO Tony Vinciquerra steps down
Sony Pictures Entertainment CEO Tony Vinciquerra will step down from his role at the beginning of next year and will be succeeded by COO Ravi Ahuja effective Jan. 2, 2025, the company said in a statem...
Scalpers are selling Sony's PS5 Pro special edition for thousands more than they paid for it
Sony's PS5 Pro was already the most expensive major gaming console. Then it got even pricer.