Sony Group Corporation (SONY)
Market Cap | 106.09B |
Revenue (ttm) | 88.88B |
Net Income (ttm) | 6.42B |
Shares Out | 1.23B |
EPS (ttm) | 4.86 |
PE Ratio | 18.80 |
Forward PE | 16.37 |
Dividend | $0.56 (0.65%) |
Ex-Dividend Date | Sep 28, 2023 |
Volume | 660,801 |
Open | 86.19 |
Previous Close | 86.54 |
Day's Range | 85.73 - 86.35 |
52-Week Range | 79.62 - 100.94 |
Beta | 0.85 |
Analysts | Strong Buy |
Price Target | 108.00 (+25.96%) |
Earnings Date | Apr 26, 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 25.96% from the latest price.
News
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
Available at B&H Photo: Sony Announces FE 24-50mm F2.8 G Lens, YouTube First Look Video and More Info at B&H
NEW YORK--(BUSINESS WIRE)-- #Apple--ND B&H is pleased to announce the Sony FE 24-50mm f/2.8 G Lens. This compact and lightweight standard zoom offers a fast and constant f/2.8 aperture while maintaini...
Disney Reaches Deal With Sony Pictures Home Entertainment For Its Physical Media Production
Disney has reached a deal with Sony under which the latter's home entertainment division will handle all Disney releases on DVD and Blu-ray as well as all physical media production. It's the latest si...
Zee Entertainment shares soar on reports Sony deal talks are back on
Nearly a month after ending merger talks with Sony Group Corp., India's Zee Entertainment Enterprises Ltd. may be ready to try again for a deal that had been in the works for two years.
Top 4 Consumer Stocks That Could Blast Off In Q1 - iRobot (NASDAQ:IRBT), Leggett & Platt (NYSE:LEG)
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
India's Zee Entertainment pops 10% on report that $10 billion merger with Sony is being revived
Sony first proposed to combine its India entertainment business with Zee in December 2021. Those negotiations collapsed after more than two years.
India's Zee Entertainment seeks to revive $10 bln merger with Sony, ET reports
India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic...
Sony to release a 'Pro' version of the PlayStation 5 this year after cutting outlook, analysts say
Analysts told CNBC they expect Sony to launch the PlayStation 5 Pro this year which would offer new hardware for the release of Grand Theft Auto VI in 2025.
Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin
Around $10 billion of value was wiped off Sony's stock this week after it cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.
Sony to partner with Seagate on hard disk drives used for AI -Nikkei
Sony to partner with U.S.-based Seagate Technology on mass production of hard disk drives (HDDs) to meet growing AI demand, the Nikkei newspaper reported on Friday.
Sony stock slumps as PlayStation 5 sales to miss target
Shares of Sony slumped in Tokyo trade on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales.
Sony Plans Financial Services IPO as PS5 Sales Cool
Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes ban...
Sony cuts forecast for PlayStation 5 sales
Sony said it now expects to sell 21 million units fo the PlayStation 5 in the fiscal year ended March, down from a previous forecast of 25 million units. CNBC's Arjun Kharpal reports.
Sony, Honda EV venture to roll out three models before 2030 - Nikkei
A joint venture set up by Japan's Sony Group and Honda Motor will introduce three electric vehicle (EV) models by the second half of this decade, the Nikkei business daily reported on Wednesday.
Sony's profit rises on growing sales of music, games, pictures, sensors
Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing growing sales of music, image sensors and video games, the company said Wednesday.
Sony Pictures Entertainment Third-Quarter Profits Jump 57% To $281M
Sony Pictures Entertainment recorded profits of $281 million for the third-quarter of fiscal year 2023, a 57% hike versus the comparable period in 2022. Revenues were also up 5% to $2.473 billion.