Sony Group Corporation designs, develops, produces and sells electronic equipment, instruments and devices for the consumer, professional and industrial markets worldwide. The company is headquartered in Tokyo, Japan.
| Revenue (TTM) | $12.48T |
| Gross Profit (TTM) | $3.90T |
| EBITDA | $1.97T |
| Operating Margin | 10.70% |
| Return on Equity | 12.30% |
| Return on Assets | 3.94% |
| Revenue/Share (TTM) | $2088.30 |
| Book Value | $8.56 |
| Price-to-Book | 2.48 |
| Price-to-Sales (TTM) | 0.01 |
| EV/Revenue | 1.565 |
| EV/EBITDA | 7.40 |
| Quarterly Earnings Growth (YoY) | -57.40% |
| Quarterly Revenue Growth (YoY) | 8.30% |
| Shares Outstanding | $5.87B |
| Float | $5.91B |
| % Insiders | 0.00% |
| % Institutions | 8.23% |
Volatility is currently expanding
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Sony Bank has received conditional approval to launch a U.S.-based stablecoin bank. The Japan-based financial institution this week announced it had a tentative green light from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
Sony Corp. NYSE: SONY announced plans to discontinue its physical gaming discs starting in 2028. According to the company, the move is being made to coincide with consumer preferences.
Sony (SONY) closed the most recent trading day at $21.15, moving 1.17% from the previous trading session.
Sony's decision to cease making physical game discs starting in 2028 has been met with strong backlash. Hideo Kojima, developer of the Metal Gear franchise, said he was saddened by the news.
While some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collection
Grand Theft Auto 6 is the most anticipated game of the year (and perhaps of the decade, given the agonizing wait since the franchise's last entry in 2013). But earlier this week, rumors started swirling that Rockstar Games would release the title via digital download only, with physical copies of Grand Theft Auto 6 being reduced to a box with a download code inside rather than a game disc.
Sony announced plans to discontinue physical PlayStation discs by 2028. The decision caused backlash among gamers worried about digital-only ownership and preservation.
Sony plans to stop making physical discs for PlayStation games starting in 2028. The company said demand for digital releases significantly outpaces interest in physical copies.
The change will not apply to games released, or already scheduled for disc release, before 2028.
