Sony Group (SONY) Stock Forecast & Price Target

$92.80

+2.01 (+2.21%)

(As of 08/21/2024 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

Moderate Buy
Based on 4 Analyst Ratings

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
16.38% 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 16.38% from the current price of $92.80.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
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)	3 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 Upside	16.38% Upside	24.32% Upside	24.32% Upside	26.64% 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.

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.

Sony Group Stock vs. The Competition

Type	Sony Group	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.75	2.55	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	16.38% Upside	2,231.89% Upside	8.74% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
2/26/2024	Oppenheimer 3 of 5 stars	Reiterated Rating	Outperform ➝ Outperform	$108.00	+24.32%
2/15/2024	Macquarie 2 of 5 stars	Downgrade	Outperform ➝ Neutral
12/12/2023	Wolfe Research 3 of 5 stars	Initiated Coverage	Outperform
10/16/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
7/12/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
2/3/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$102.00 ➝ $118.00	+25.80%
11/2/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 07:22 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.