Sony Corporation (NYSE:SONY) Receives $22.00 Average Price Target from Brokerages

Shares of Sony Corporation (NYSE:SONY) have been assigned an average rating of “Hold” from the seven analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $22.00.

A number of equities research analysts have recently issued reports on SONY shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $22.00 price target (down from $30.00) on shares of Sony in a report on Tuesday, March 17th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Finally, Benchmark reissued a “buy” rating on shares of Sony in a report on Monday, May 11th.

Sony News Summary

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony’s entertainment pipeline got a boost as it will handle international distribution for Greta Gerwig’s Narnia: The Magician’s Nephew, a potentially meaningful film release that could support future studio revenue. Sony to Handle International for ‘Narnia: The Magician’s Nephew’
• Positive Sentiment: Sony also partnered with Netflix for the global theatrical release of the same Narnia project, reinforcing its role in premium content distribution and film monetization. Sony partners with Netflix for the global theatrical release of Greta Gerwig’s ‘Narnia: The Magician’s Nephew’
• Positive Sentiment: Sony Semiconductor Solutions was welcomed as a new Promoter member of the MIPI Alliance, which could strengthen its position in mobile imaging and semiconductor standards. MIPI Alliance Welcomes Sony Semiconductor Solutions as a Promoter Member
• Positive Sentiment: Sony unveiled the LYTIA L910, its first mobile camera sensor using LOFIC architecture, highlighting innovation in a key imaging business that supports long-term growth. LYTIA L910 is Sony’s first mobile camera sensor with LOFIC architecture
• Neutral Sentiment: Sony announced several product and gaming-related patent and review headlines, including a controller with buttons that harden in real time and reviews of its headphones, TVs, and cameras; these are interesting but not clearly material to earnings. Sony Files Patent Application For Controller With Buttons That Harden Around Your Finger
• Neutral Sentiment: Crunchyroll’s expansion into Taiwan and South Korea adds to Sony’s anime ecosystem, but the near-term stock impact is likely limited. Crunchyroll to Launch in Taiwan and South Korea
• Negative Sentiment: Investor concern remains anchored by Sony’s latest earnings report, where EPS missed expectations despite solid revenue, reminding the market that profitability is still uneven.
• Negative Sentiment: Some gaming headlines, including PS Plus removal notices and security concerns around PS5 game profiles, could be mildly negative for sentiment around Sony’s PlayStation business, though they do not appear fundamentally material. Another Sony Security Concern: PS5 Games People Don’t Own Are Appearing on Their Profiles

Sony Price Performance

NYSE SONY opened at $20.39 on Wednesday. The company has a market cap of $120.44 billion, a PE ratio of -101.92, a price-to-earnings-growth ratio of 1.62 and a beta of 0.93. Sony has a 52 week low of $19.63 and a 52 week high of $30.34. The company has a quick ratio of 0.94, a current ratio of 1.18 and a debt-to-equity ratio of 0.10. The firm’s 50-day simple moving average is $21.36 and its two-hundred day simple moving average is $22.84.

Sony (NYSE:SONY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.13). The business had revenue of $19.15 billion for the quarter, compared to analysts’ expectations of $18.43 billion. Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. Sony’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the company earned $32.86 earnings per share. Research analysts predict that Sony will post 1.28 earnings per share for the current year.

Insider Transactions at Sony

In other news, insider Tsuyoshi Kodera sold 17,500 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $22.61, for a total value of $395,675.00. Following the sale, the insider directly owned 27,553 shares of the company’s stock, valued at approximately $622,973.33. This represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kenichiro Yoshida sold 400,000 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $22.61, for a total transaction of $9,044,000.00. Following the completion of the sale, the director directly owned 661,615 shares in the company, valued at approximately $14,959,115.15. The trade was a 37.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 7.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SONY. Brighton Jones LLC increased its position in shares of Sony by 422.0% in the fourth quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock worth $421,000 after purchasing an additional 16,094 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Sony by 26.7% in the first quarter. AQR Capital Management LLC now owns 178,889 shares of the company’s stock worth $4,542,000 after purchasing an additional 37,677 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Sony by 23.4% in the second quarter. Sivia Capital Partners LLC now owns 22,013 shares of the company’s stock worth $573,000 after purchasing an additional 4,172 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Sony by 24.6% in the second quarter. Russell Investments Group Ltd. now owns 16,501 shares of the company’s stock worth $430,000 after purchasing an additional 3,255 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Sony in the second quarter worth approximately $26,058,000. 14.05% of the stock is currently owned by institutional investors.

Sony Company Profile

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.