Sony Group Corporation (SONY)

NYSE: SONY · IEX Real-Time Price · USD
86.80
+0.98 (1.14%)
At close: Aug 12, 2022 4:00 PM
87.50
+0.70 (0.81%)
After-hours: Aug 12, 2022 7:47 PM EDT
1.14%
Market Cap 107.36B
Revenue (ttm) 73.25B
Net Income (ttm) 6.52B
Shares Out 1.24B
EPS (ttm) 5.38
PE Ratio 16.13
Forward PE 15.70
Dividend n/a
Ex-Dividend Date n/a
Volume 386,646
Open 86.17
Previous Close 85.82
Day's Range 85.87 - 86.82
52-Week Range 79.05 - 133.75
Beta 0.79
Analysts Buy
Price Target 121.83 (+40.4%)
Earnings Date Jul 29, 2022

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 and portable game consoles, packaged software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes... [Read more...]

Industry Household Durables
IPO Date Dec 1, 1958
CEO Kenichiro Yoshida
Employees 108,900
Stock Exchange NYSE
Ticker Symbol SONY
Full Company Profile

Financial Performance

In 2021, Sony Group's revenue was 9.92 trillion, an increase of 10.26% compared to the previous year's 9.00 trillion. Earnings were 882.18 billion, a decrease of -14.32%.

Financial numbers in JPY Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for SONY stock is "Buy." The 12-month stock price forecast is 121.83, which is an increase of 40.36% from the latest price.

Price Target
$121.83
(40.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sony Electronics' Xperia PRO and Xperia PRO-I Smartphones Offer New External Monitor Capabilities

SAN DIEGO , Aug. 11, 2022 /PRNewswire/ -- Sony Electronics Inc. today released a software update that enables new external monitor capabilities in the Xperia PRO and Xperia PRO-I smartphones. Sony Elect...

Microsoft Accuses Sony Of Paying Publishers To Keep Games Off Xbox Game Pass

Microsoft has accused Sony of paying for “blocking rights” to keep third party games off of Game Pass.

Gaming industry's fortunes fade as spending squeeze follows pandemic bump

Gaming companies are facing a slowdown in demand for video games from pandemic highs, raising doubts about their ability to weather an economic downturn.

Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall

Microsoft, Sony and Nintendo each reported a fall in quarterly video game sales. The main reason?

Other symbols: MSFTNTDOY

Sony's Hawk-Eye Innovations partner NFT Tech to boost sports NFTs

Sony Sports, through its subsidiary Hawk-Eye Innovations, has struck a major deal with blockchain-focused firm NFT Technologies Inc. to bring live sports data to the fast-growing sports NFT market.

Sony cuts full-year outlook amid forecasts of declining gaming sales

Yahoo Finance tech editor Dan Howley discusses Sony's recent earnings report, which offered bleak guidance for the remainder of the year.

SONY's Q1 Earnings & Revenues Increase Y/Y, Tweaks Guidance

An increase in Music, Pictures, Imaging & Sensing Solutions' segment sales boost SONY's first-quarter fiscal 2022 results.

Sony is Battling Both Microsoft and a Darkening Economy

Sony kept notching new high scores during the pandemic. Now it is navigating the home-entertainment hangover, rising competition and looming recessions in key markets.

Sony sees profit rise despite waning interest in video games

Sony's profit edged up 3% in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pandemic restrictions eased elsewhere.

Sony Pictures Entertainment Posts Strong Q1 Revenue And Profit Growth Despite Fewer NewFilm Releases

Sony Pictures Entertainment has posted operating income of $381M (50.7BN yen) for the first quarter of this year, up 25.3% on the $232M posted in the same period last year on a currency basis. Revenues ...

Sony posts 9.6% rise in Q1 profit

Japan's Sony Group Corp on Friday posted a 9.6% rise in first-quarter operating profit, beating analyst estimates.

Here's What to Expect Ahead of Sony's (SONY) Q1 Earnings

Sony Group's (SONY) Q1 top line is likely to reflect benefits from sales growth in GN&S and Music segments. However, supply chain woes and weak global macroeconomic conditions are likely to have acted a...

Spin Master Announces Global Master Toy Licensing Agreement with Sony Interactive Entertainment's PlayStation®

Agreement Gives Spin Master Global Master Toy and Collectible Merchandising Rights to Sony Interactive Entertainment's PlayStation Brand and First Party Game Titles Including God of War, Horizon Zero Da...

Sony Licenses PlayStation-Based Toys And Collectibles To Spin Master

Sony's game division has licensed toy and collectible rights to Spin Master for its PlayStation brand and its first-party titles, a deal that affects franchises such as God of War, The Last of Us, and U...

Sony partners with Spin Master on toys and merch for PlayStation games

Spin Master announced it's partnering with Sony to make toys and other merchandise for PlayStation titles, including God of War and Horizon.

Can the Videogame Industry Bounce Back From Its Lows?

Console and videogame makers like Microsoft (MSFT) Sony (SONY), Nintendo (NTDOY), Activision Blizzard (ATVI) and Electronic Arts (EA) had a great 2020 and 2021 but have witnessed a decline in sales lately.

Other symbols: ATVIEAMSFTNTDOY

One video game stock to see you through a dull market

With talks of an ensuing recession looming above the markets, investors may be looking for industries and stocks that could.

One gaming stock that could perform well during a sluggish market

With talks of an ensuing recession looming above the markets, investors may be looking for industries and stocks that could.

Bungie officially joins PlayStation as $3.6B deal closes

Bungie, the Bellevue, Wash.-based development studio behind the Destiny franchise of video games, has officially been acquired by PlayStation makers Sony Interactive Entertainment (SIE).

Sony launches new loyalty program for all PlayStation gamers

Yahoo Finance Live's Rachelle Akuffo looks at Sony's new rewards program for PlayStation users.

The Next Subscription War Will Be Sony vs. Microsoft -- Here's Why

The companies are duking it out for the best game-subscription service.

Other symbols: MSFT

Sony is launching a new loyalty program ‘PlayStation Stars' to reward gamers

Today, Sony introduced a new loyalty program called PlayStation Stars that will give gamers loyalty points and rewards. The program is free to join and launches later this year, the company announced.

SONY Unveils Portable Speakers With Dual Passive Radiators

SONY launches three new speaker models - SRS-XG300, SRS-XE300 and SRS-XE200.

Sony Electronics Expands Wireless X-Series Speaker Range with Three New Models to Deliver a Powerful Audio Experience...

SAN DIEGO , July 11, 2022 /PRNewswire/ -- Sony Electronics Inc. today added to its impressive portable speaker range with three new models – the SRS-XG300 with powerful and high-quality sound, and SRS-X...

Sony Stock Dipped. Recession Risk Led to Analyst Downgrade.

Citi Research analyst Kota Ezawa downgraded Japan-listed stock of consumer-electronics Sony to Neutral from Buy.