Sony (NYSE:SONY – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.
A number of other research analysts have also recently commented on the stock. Benchmark restated a “buy” rating on shares of Sony in a research note on Monday, May 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a research note on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $22.00.
View Our Latest Report on SONY
Sony Trading Up 0.3%
Sony (NYSE:SONY – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.08. The business had revenue of $17.45 billion for the quarter, compared to analyst estimates of $17.17 billion. Sony had a negative net margin of 2.00% and a positive return on equity of 13.06%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $42.84 EPS. On average, equities research analysts forecast that Sony will post 1.28 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Hiroki Totoki sold 225,000 shares of Sony stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of $21.02, for a total transaction of $4,729,500.00. Following the completion of the transaction, the chief executive officer directly owned 173,250 shares of the company’s stock, valued at $3,641,715. This trade represents a 56.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ravi Ahuja sold 36,826 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $21.08, for a total transaction of $776,292.08. Following the completion of the transaction, the insider owned 58,786 shares in the company, valued at approximately $1,239,208.88. This trade represents a 38.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 771,838 shares of company stock worth $16,866,580 in the last quarter. 7.00% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Fisher Asset Management LLC increased its holdings in Sony by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 108,981,588 shares of the company’s stock valued at $2,789,929,000 after purchasing an additional 4,337,062 shares in the last quarter. Bank of America Corp DE boosted its stake in Sony by 9.1% in the first quarter. Bank of America Corp DE now owns 16,992,579 shares of the company’s stock worth $351,746,000 after purchasing an additional 1,413,785 shares in the last quarter. Capital International Investors boosted its stake in Sony by 23.1% in the fourth quarter. Capital International Investors now owns 7,446,889 shares of the company’s stock worth $191,534,000 after purchasing an additional 1,397,271 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Sony by 10.7% during the fourth quarter. Royal Bank of Canada now owns 6,778,922 shares of the company’s stock worth $173,539,000 after purchasing an additional 657,655 shares during the last quarter. Finally, Capital World Investors grew its holdings in shares of Sony by 1.5% during the fourth quarter. Capital World Investors now owns 5,076,516 shares of the company’s stock worth $129,973,000 after purchasing an additional 74,768 shares during the last quarter. 14.05% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Sony
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Sony reported first-quarter revenue of $17.45 billion, up 8.2% year over year and above the $17.17 billion consensus estimate. EPS of $0.36 also exceeded expectations of $0.28, while operating profit reportedly rose 40%, helped by gaming and image sensors. Sony posts 40% rise in Q1 profit, beating estimates
- Positive Sentiment: The company raised its fiscal 2026 outlook, including revenue guidance of approximately $81.7 billion versus the $78.4 billion analyst consensus. The upgrade signals management expects continued momentum, particularly from the gaming business. SONY Q1 Earnings & Sales Rise on Gaming & Sensors
- Positive Sentiment: Music revenue increased sharply, with global music-business revenue topping $3.53 billion amid stronger vinyl, live-event and merchandise sales. This diversification supports Sony’s higher-margin entertainment strategy. Sony’s Global Music Business Revenue
- Positive Sentiment: Spider-Man: Brand New Day generated a record $72 million in domestic preview sales and is projected to approach $270 million in its opening weekend, improving the outlook for Sony Pictures and theatrical releases. Spider-Man: Brand New Day box office preview
- Positive Sentiment: Sony said it has secured sufficient memory supply for the PS5 units it expects to sell this year, reducing a potential hardware constraint ahead of anticipated demand tied to major game launches. Sony says it has plenty of RAM for PlayStation
About Sony
Sony Group Corporation (NYSE: SONY) is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Founded in 1946 by Masaru Ibuka and Akio Morita, Sony has grown from an electronics maker into a diversified global company with operations spanning consumer electronics, entertainment, gaming, semiconductors and financial services. The company’s shares trade in Japan and its American Depositary Receipts trade on the New York Stock Exchange under the ticker SONY.
Sony’s primary businesses include Electronics Products & Solutions, which covers televisions, audio equipment, digital cameras and professional broadcast systems; Game & Network Services, anchored by the PlayStation platform, consoles, software and online services; Music and Pictures, through Sony Music Entertainment and Sony Pictures Entertainment, producing, distributing and licensing recorded music, film and television content; Imaging & Sensing Solutions, which develops CMOS image sensors and other semiconductor components; and Financial Services, offering life insurance, banking and other financial products in Japan.
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