Sony Group Corporation (SONY)
| 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]
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 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.
News
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
It's that time of year when people are doing their holiday shopping and making their gift list — and checking it twice. Whether you're a parent planning gifts for your children of any age, including a...
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.
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...
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...
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.
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.
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...
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.
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...
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.
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...
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...
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.
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."
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...
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.
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.
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...
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.
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.
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...
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...
PlayStation head Jim Ryan is stepping down
PlayStation boss Jim Ryan is stepping down from the company, Sony announced Wednesday.
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.
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.