Sony Group Corporation (SONY)
| Market Cap | 99.54B |
| Revenue (ttm) | 86.00B |
| Net Income (ttm) | 6.41B |
| Shares Out | 1.21B |
| EPS (ttm) | 5.00 |
| PE Ratio | 16.53 |
| Forward PE | 15.85 |
| Dividend | $0.27 (0.33%) |
| Ex-Dividend Date | Sep 28, 2023 |
| Volume | 966,816 |
| Open | 81.75 |
| Previous Close | 80.79 |
| Day's Range | 81.47 - 82.38 |
| 52-Week Range | 75.11 - 100.94 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 108.00 (+31.16%) |
| Earnings Date | May 14, 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 12.83% compared to the previous year's 11.54 trillion. Earnings were 970.57 billion, an increase of 3.57%.
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 31.16% from the latest price.
News
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.
Sony rethinking its bid for Paramount, sources tell CNBC
CNBC's David Faber joins 'Power Lunch' to discuss reports that Sony is rethinking it's bid for Paramount.
Sony rethinking its bid for Paramount, CNBC reports
Sony Pictures is rethinking its bid for Paramount Global , CNBC reported on Tuesday, citing sources, sending the shares of the U.S. media company down more than 7%.
Sony Posts Earnings Beat, Announces Stock Split, Buyback Plans
Japanese tech and entertainment giant Sony Group (SONY) reported earnings for the final quarter of fiscal 2023 Tuesday, and also announced details of a new stock buyback program as well as plans to sp...
Sony names two executives to lead PlayStation
Sony on Monday said two veteran executives will take over as CEOs of its powerhouse gaming unit, taking the reins from Jim Ryan who retired in March.
Sony net profit dips on-year but beats estimate
Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.
Sony reports 7% drop in annual profits despite 14% revenue increase to 3.5 trillion yen
Today, on 14 May 2024, Sony reported its earnings for the fiscal year 2023. Sony's revenue and profits The company reported a 7% drop in its annual profits in FY23 due to a decline in its financial se...
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.
Sony Pictures Entertainment Full-Year Profits Fall Nearly 10% To $808M
Sony Pictures Entertainment has seen operating income fall nearly 10% for the fiscal year ended March 31, 2024. The company's operating income was $808M in dollar terms compared with $894M for the com...
Sony reports 7% drop in annual profit as PlayStation business weakens
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.
Sony sees profit growth on buoyant demand for image sensors but lower PS5 sales
Sony said on Tuesday it sees its operating profit climbing 5% this business year on robust demand for its image sensors even as it forecast lower sales for its PlayStation 5 console.