Sony Group Corporation (SONY)
| Market Cap | 104.76B |
| Revenue (ttm) | 86.00B |
| Net Income (ttm) | 6.41B |
| Shares Out | 1.21B |
| EPS (ttm) | 4.87 |
| PE Ratio | 17.64 |
| Forward PE | 15.85 |
| Dividend | $0.56 (0.64%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 813,902 |
| Open | 85.91 |
| Previous Close | 85.31 |
| Day's Range | 85.62 - 86.67 |
| 52-Week Range | 75.11 - 100.88 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 108.00 (+24.63%) |
| Earnings Date | Aug 7, 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 $108.0, which is an increase of 24.63% from the latest price.
News
Sony to launch Japanese crypto exchange S.BLOX following Amber acquisition
Sony acquires and rebrands WhaleFin as S.BLOX Co., entering the cryptocurrency market with new services and collaborations.
Music labels sue AI song-generators Suno and Udio for copyright infringement
BOSTON — Big record companies are suing artificial intelligence song-generators Suno and Udio for copyright infringement, alleging that the AI music startups are exploiting the recorded works of artis...
Sony, Universal, Warner sue AI startups claiming copyright infringement in training models
The lawsuits are the first to target music-generating AI following several cases brought by authors, news outlets and others over the alleged misuse of their work to train text-based AI models powerin...
Alamo Drafthouse Cinema, Fantastic Fest acquired by Sony Pictures
The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield Movie” has acquired the distinctive theater chain, the companies said Wednesday.
Sony Buys Alamo Drafthouse In Surprise Move—Here's How The Theater Chain Went From Bankruptcy To Sale
Sony Pictures announced Wednesday it purchased dine-in movie theater chain Alamo Drafthouse for an undisclosed amount, more than three years after Alamo filed for bankruptcy during the thick of the CO...
Sony Pictures buys Alamo Drafthouse Cinema, the dine-in movie theater chain
Sony Pictures Entertainment is getting into the exhibition business. The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield Movie” has acquired the distinctive theater chain Ala...
Sony Pictures Entertainment buys cinema chain Alamo Drafthouse Cinema
Sony Pictures Entertainment (SPE) has acquired U.S. cinema chain Alamo Drafthouse Cinema, the companies said on Wednesday, a move that will give the studio control over movie distribution.
Sony Pictures is buying Alamo Drafthouse, becoming the first studio in 75 years to own a theater chain
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America. This is the first time in more than 75 years that a major Hollywood studio will own a movie theat...
Sony Buys Alamo Drafthouse Movie-Theater Chain
Sony Pictures Entertainment has acquired the eclectic dine-in theater chain Alamo Drafthouse Cinema, a bet on the future of moviegoing.
Sony Returns To Exhibition Business, Acquires Alamo Drafthouse Cinema Circuit
Sony Pictures Entertainment (SPE) has just bought Alamo Drafthouse Cinema. Deadline first told you the chain was up for sale and being shopped around to studios.
Sony sees streaming service Crunchyroll driving growth as anime goes global
Sony sees its anime streaming service Crunchyroll as a growth driver, the head of its movies business said on Thursday, as the group looks to ride the growth of anime outside Japan.
Sony Pictures Boss Tony Vinciquerra Skirts Paramount Merger Talk, But Says Investment Focus Is “More IP, More Product, More Library To Sell,” Not Streaming
For more than week, it's been crickets when it comes to the push and pull between Skydance and Sony Pictures Entertainment/Apollo over Paramount Global. However, making some noise during a Sony Pictur...
Sony stresses PlayStation user engagement as hardware sales taper off
Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue.
Intelsat Extends Partnership with Sony Pictures Networks India to Deliver Content Across Asia-Pacific
SINGAPORE--(BUSINESS WIRE)--Intelsat, operator of one of the world's largest integrated satellite and terrestrial networks, has renewed its partnership with Sony Pictures Networks India in delivering ...
Sony reportedly in talks to buy Queen's music catalog for staggering $1 billion
Sony is reportedly teaming up with another unnamed investor on the staggering offer, which would also cover merchandising and other business opportunities.
Sony's Entertainment Unit Syncs Up for Success, Paramount or Not
Sony is aiming to make better use of intellectual property across gaming, films and more.
Sony says focus is on creativity, with games, movies, music, sensors, IP, and not gadgets
Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry.
Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports
Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements that will allow them to look at Paramount's books ahead of a potential bid for the movie studio's assets, ...
Sony & Paramount Sign Non-Disclosure Agreement Allowing Deal Talks To Start, But It's Not Looking Like A $26 Billion Bid For Whole Company Anymore
Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony, parent of U.S.
Sony-backed computing startup heads for rare IPO in sidelined London stock market
Raspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.
Sony shares leap 12% on buyback and dividend plans, higher profit outlook
Shares in Sony Group jumped 12% in early Tokyo trading on Wednesday after the company pledged to boost shareholder returns and forecast higher annual profit with a boost from its image sensors busines...
Sony shares jump after profit beats estimates, concerns about Paramount bid ease
Sony Group shares rose sharply after quarterly net profit beat analysts' expectations and concerns eased about its bid for media and entertainment company Paramount Global.
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer's merger drama.
S&P 500 Gains and Losses Today: Paramount Global Sinks as Sony Reconsiders Bid
Major U.S. equities indexes hovered close to their flatlines for most of the session before rallying in the afternoon to end Tuesday higher.
Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid
Shares of Paramount Global dipped suddenly in afternoon trading on a CNBC report that Sony and Apollo may be “rethinking” their joint bid for the company.