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Sony Group (SONY) Stock Forecast & Price Target

$89.19
-2.48 (-2.71%)
(As of 07/24/2024 ET)

Sony Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Sony Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a hold rating, and 3 have given a buy rating for SONY.

Consensus Price Target

$108.00
21.09% Upside
High Forecast$108.00
Average Forecast$108.00
Low Forecast$108.00

According to the 4 analysts' twelve-month price targets for Sony Group, the average price target is $108.00. The highest price target for SONY is $108.00, while the lowest price target for SONY is $108.00. The average price target represents a forecasted upside of 21.09% from the current price of $89.19.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$108.00$108.00$108.00$110.00
Forecasted Upside21.09% Upside24.32% Upside24.32% Upside26.64% Upside
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SONY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SONY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sony Group Stock vs. The Competition

TypeSony GroupConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.75
2.55
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.09% Upside125.82% Upside10.61% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/26/2024Oppenheimer
3 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$108.00+24.32%
2/15/2024Macquarie
2 of 5 stars
 DowngradeOutperform ➝ Neutral
12/12/2023Wolfe Research
3 of 5 stars
 Initiated CoverageOutperform
10/16/2023Benchmark
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 Initiated CoverageBuy
7/12/2023The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy
2/3/2023Cowen
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 Boost TargetOutperform$102.00 ➝ $118.00+25.80%
11/2/2022Cowen
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 Lower Target$144.00 ➝ $102.00+39.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:53 AM ET.

SONY Forecast - Frequently Asked Questions

What is Sony Group's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Sony Group is $108.00, with a high forecast of $108.00 and a low forecast of $108.00.

Should I buy or sell Sony Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sony Group in the last year. There is currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SONY shares.

Does Sony Group's stock price have much upside?

According to analysts, Sony Group's stock has a predicted upside of 24.32% based on their 12-month stock forecasts.

Do Wall Street analysts like Sony Group more than its competitors?

Analysts like Sony Group more than other "consumer discretionary" companies. The consensus rating score for Sony Group is 2.75 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how SONY compares to other companies.


This page (NYSE:SONY) was last updated on 7/25/2024 by MarketBeat.com Staff

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