Sony Group Corporation (SONY)

NYSE: SONY · IEX Real-Time Price · USD
+0.19 (0.22%)
At close: Dec 1, 2023, 4:00 PM
-0.26 (-0.30%)
Pre-market: Dec 4, 2023, 8:05 AM EST
Market Cap 106.02B
Revenue (ttm) 83.01B
Net Income (ttm) 5.90B
Shares Out 1.23B
EPS (ttm) 4.80
PE Ratio 19.40
Forward PE 15.29
Dividend $0.29 (0.33%)
Ex-Dividend Date Mar 30, 2023
Volume 634,271
Open 85.37
Previous Close 85.95
Day's Range 85.37 - 86.36
52-Week Range 74.81 - 100.94
Beta 0.90
Analysts Strong Buy
Price Target 118.00 (+36.99%)
Earnings Date Feb 1, 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]

Sector Technology
IPO Date Dec 1, 1958
Employees 113,000
Stock Exchange NYSE
Ticker Symbol SONY
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for SONY stock is "Strong Buy." The 12-month stock price forecast is $118.0, which is an increase of 36.99% from the latest price.

Price Target
(36.99% upside)
Analyst Consensus: Strong Buy
Stock Forecasts


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14 minutes ago - MarketBeat

Sony faces $8B dollar lawsuit for overcharging Playstation customers

The claim alleges customers have therefore paid higher prices for games and add-on content than they would have done.

9 days ago - New York Post

Clubhouse Media Group, Inc. Closes Brand Promotional Deal With Sony, Iconic Electronics Corp

LOS ANGELES , Nov. 15, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized a brand promotional deal wi...

19 days ago - PRNewsWire

Playstation Portal review: Sony to launch handheld gaming device this week

Sony Group (SONY) is reportedly launching a new handheld gaming device called the 'PlayStation Portal' this week. The portable console will feature an 8-inch display and the ability to stream PS5 game...

20 days ago - Yahoo Finance

Sony profits slip due to strikes, but PS5 outlook brightens

The outlook for the PlayStation 5 business looks strong as Sony has gotten over any production problems related to the pandemic.

25 days ago - VentureBeat

Sony raises annual forecast despite Hollywood strikes, PS5 woes

Japanese electronics titan Sony lifted its full-year net profit and sales forecasts on Thursday, citing strength in the company's gaming, music and image-sensor sectors.

25 days ago - TechXplore

Sony Pictures Entertainment Sees Profits Increase To $204M In Second Quarter

Sony Pictures Entertainment saw a 1% gain in profits for the quarter ended September 30 versus the similar period last year. Coming in at $204 million, operating income was 77% above the first quarter...

25 days ago - Deadline

Sony reports 29% drop in operating profit as weakness in chip business hits home

Sony reported a 29% drop in operating profit for its second quarter as the company suffered from weakness in its imaging sensor business.

25 days ago - CNBC

Sony Electronics Releases the Alpha 9 III; the World's First Full-Frame Camera with a Global Shutter System(i)

The next-generation Alpha 9 III captures all decisive moments with up to 120 frames per second high-speed shooting, distortion-free and blackout-free images, and flash sync at all shooting speeds  SAN...

26 days ago - PRNewsWire

PS5 is fully stocked for first time and on track for record sales this year, top Sony exec says

Sony's PlayStation 5 is at full capacity around the world, according to Eric Lempel, the company's head of business operations.

5 weeks ago - CNBC

Sony Honda Mobility could procure EV batteries from US, president says

Sony and Honda's automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility tol...

Other symbols: HMC
5 weeks ago - Reuters

Clubhouse Media Group, Inc. Closes Brand Promotional Deal With Sony

LOS ANGELES , Oct. 18, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized a brand promotional deal wi...

6 weeks ago - PRNewsWire

Sony unveils $10M Sony Innovation Fund for Africa

Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to support African entertainment startups.

7 weeks ago - VentureBeat

Cost-cutting isn't the only thing driving Sony's strategy, Jefferies says

Atul Goyal of the investment bank says Sony's decision to operate in Europe is "not cost cutting" but a "strategic change."

7 weeks ago - CNBC International TV

Sony Ventures earmarks $10M to invest in African entertainment startups

Sony Group announced today that it has established Sony Innovation Fund: Africa (SIF: AF), a program that will support the growth of entertainment businesses in Africa. The Tokyo multinational conglom...

7 weeks ago - TechCrunch

Sony LIV expands global presence; announces foray in Africa and the Caribbean region

MUMBAI, India--(BUSINESS WIRE)-- #Indiandiaspora--Sony LIV is proud to announce its strategic expansion into select countries in Africa and the Caribbean region.

2 months ago - Business Wire

Japan's Sony says Zee merger to be delayed by a few months

Japan's Sony Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises , which had an initial deadline of September, would take a few more months to complete.

2 months ago - Reuters

Sony doubles down on virtual production business using its hardware muscle

Sony Group is increasing its focus on the virtual production business where it is seeing market-beating growth, a company executive said, riding on the strength of the Japanese entertainment conglomer...

2 months ago - Reuters

Sony's leadership shakeup is not a move to bring gaming division back to Japan: Jefferies

Atul Goyal, managing director for Jefferies, talks about the retirement of Sony's gaming chief Jim Ryan, and the challenges ahead for the business.

2 months ago - CNBC International TV

Sony PlayStation CEO Ryan to retire

Sony said Thursday that the chief executive of its PlayStation unit Jim Ryan will retire next March after almost 30 years at the Japanese firm.

2 months ago - TechXplore

Sony Interactive Entertainment President and CEO Jim Ryan Slates His Retirement

Sony Group Corporation and Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in March 2024 after almost 30 years with the PlaySta...

2 months ago - Deadline

Sony Interactive Entertainment CEO Jim Ryan will retire in March

Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. SONY, +1.54% said in a statement on Wednesday, following nearly three decades with the Sony subsidiary th...

2 months ago - Market Watch

PlayStation head Jim Ryan is stepping down

PlayStation boss Jim Ryan is stepping down from the company, Sony announced Wednesday.

2 months ago - CNN Business

Sony's PlayStation Chief to Retire Next Year

Jim Ryan, who has been with the company for nearly 30 years, has led one of the most dominant businesses in the video game industry.

2 months ago - NYTimes

PlayStation head Jim Ryan steps down in March 2024

PlayStation boss, Sony Interactive Entertainment CEO Jim Ryan is retiring from the company after almost 30 years.

2 months ago - VentureBeat