tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sound Group Completes Share Repurchase Program

Story Highlights
Sound Group Completes Share Repurchase Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Sound Group ( (SOGP) ).

On October 7, 2025, Sound Group Inc. announced the completion of its share repurchase program, canceling 951,252 American depositary shares, which were repurchased for nearly $4 million. This move is intended to enhance earnings per share and reflects the company’s commitment to shareholder value, supported by a robust balance sheet and strategic growth initiatives.

The most recent analyst rating on (SOGP) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on Sound Group stock, see the SOGP Stock Forecast page.

Spark’s Take on SOGP Stock

According to Spark, TipRanks’ AI Analyst, SOGP is a Neutral.

Sound Group’s overall stock score is primarily influenced by its financial performance challenges, including declining revenue and negative profit margins. Technical analysis shows strong momentum, but the stock may be overbought. Valuation is difficult to assess due to missing P/E and dividend yield data. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on SOGP stock, click here.

More about Sound Group

Sound Group Inc. is a global audio-centric social and entertainment company focused on building the world’s largest audio platform to enhance human connection through sound. Listed on Nasdaq since January 2020, the company aims to bridge communication gaps and amplify connections via its audio services.

Average Trading Volume: 2,828,188

Technical Sentiment Signal: Strong Buy

Current Market Cap: $84.98M

See more data about SOGP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1