Sony (NYSE:SONY) Shares Gap Down – What’s Next?
by Mitch Edgeman · The Markets DailySony Corporation (NYSE:SONY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $23.68, but opened at $23.04. Sony shares last traded at $23.0550, with a volume of 1,809,007 shares traded.
Key Stories Impacting Sony
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Strategic TV partnership with TCL could strengthen Sony’s TV scale, distribution and brand positioning globally — a potential tailwind for margins and competitive reach in a price-sensitive market. Sony and TCL strike TV deal: what changes for buyers
- Positive Sentiment: Sony unveiled a trio of high-end global-shutter image sensors (up to 105MP and 225fps) — a clear positive for its semiconductor/imaging division, supporting B2B growth, licensing opportunities and Sony’s leadership in camera sensors. Sony drops behemoth trio of global shutter sensors
- Positive Sentiment: Multiple outlets covered Sony’s new LinkBuds Clip open-ear, clip-on earbuds — a product push that refreshes Sony’s wearables lineup and generates consumer buzz around design and situational-audio features. New SKUs help drive near-term sales and marketing momentum. Sony’s New LinkBuds Clip Look More Like Ear Jewelry Than Earbuds
- Neutral Sentiment: Sony announced retro-styled turntables targeting Gen Z/millennial buyers — a branding and lifestyle play that could lift margins on accessories but is likely niche in absolute revenue terms. Sony embraces analog and aesthetic with new turntables
- Neutral Sentiment: Early reviews of the LinkBuds Clip note attractive design but question price and differentiation versus rivals — this could temper near-term unit growth if consumers view it as premium without clear feature advantage. I like Sony’s new LinkBuds Clip earbuds, but they’re pricey
- Negative Sentiment: Recent trading showed a sharp one-day drop (reported -3.04%), a reminder of short-term downside risk and market sensitivity to earnings/macro or sector rotation. Sony (SONY) Stock Dips While Market Gains: Key Facts
- Negative Sentiment: A PR/storyline issue involving talent timing around a film release drew internal attention at Sony Pictures — a potential reputational headwind for the studio division if it escalates. Blake Lively Slammed By Sony Executives
Analyst Upgrades and Downgrades
Several brokerages recently commented on SONY. Weiss Ratings reiterated a “buy (b)” rating on shares of Sony in a report on Wednesday, October 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $30.00 price objective (down previously from $33.00) on shares of Sony in a research report on Wednesday, January 14th. Wall Street Zen upgraded Sony to a “hold” rating in a research report on Saturday, December 6th. Nomura upgraded shares of Sony from a “neutral” rating to a “buy” rating in a research note on Wednesday, November 19th. Finally, Zacks Research downgraded shares of Sony from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $31.50.
Check Out Our Latest Analysis on Sony
Sony Price Performance
The firm has a market capitalization of $139.49 billion, a P/E ratio of 17.74, a P/E/G ratio of 8.83 and a beta of 0.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.98. The stock’s fifty day simple moving average is $26.38 and its 200 day simple moving average is $27.19.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Fisher Asset Management LLC increased its holdings in shares of Sony by 19.0% during the second quarter. Fisher Asset Management LLC now owns 101,878,066 shares of the company’s stock valued at $2,651,886,000 after acquiring an additional 16,280,542 shares in the last quarter. Mondrian Investment Partners LTD acquired a new position in shares of Sony in the 3rd quarter valued at $277,631,000. Capital International Investors lifted its position in Sony by 245.0% during the 3rd quarter. Capital International Investors now owns 6,049,618 shares of the company’s stock worth $176,044,000 after acquiring an additional 4,296,028 shares during the period. Thrivent Financial for Lutherans grew its stake in Sony by 7,377.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,374,274 shares of the company’s stock valued at $97,145,000 after purchasing an additional 3,329,147 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Sony by 4,056.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,973,638 shares of the company’s stock worth $50,269,000 after purchasing an additional 1,926,156 shares during the period. 14.05% of the stock is owned by institutional investors and hedge funds.
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.