tiprankstipranks
Trending News
More News >

Should Investors Buy Sony Stock Ahead of Earnings?

Should Investors Buy Sony Stock Ahead of Earnings?

Entertainment company Sony (SONY) is gearing up to release its Fiscal Q4 2024 earnings report on Wednesday. This may have some investors considering a stake in the company before that report comes out.

Confident Investing Starts Here:

First off, investors will note that analysts expect Sony to report adjusted earnings per share of 17 cents alongside revenue of $20.43 billion. It seems likely that the movie, music, and video game company will beat these estimates based on its history. Sony has surpassed Wall Street’s EPS predictions in seven of the past eight quarters, and beat revenue estimates in six out of the last eight periods.

Investors will also want to keep an eye on Sony’s outlook when it reports earnings. The company’s electronics business was expected to be affected by President Donald Trump’s trade war with China. However, a 90-day hold on tariffs was announced today. This could result in guidance better than analysts expect.

SONY Stock Performance

Investors will note that SONY stock has continued to grow in 2025 despite economic pressure. This has the shares up 16.78% year-to-date. Considering how SONY stock has performed this year, its shares aren’t seeing an increase alongside a wider stock market rally. This has many of its rivals climbing higher on Monday.

Today’s news may also throw off analysts’ ratings for SONY stock. For example, four-star Wolfe Research analyst Peter Supino downgraded Sony to a Hold rating late last month, citing tariff and trade war concerns. It’s unclear how this rating could change with the tariffs hold.

Is SONY stock a Buy, Hold, or Sell?

Turning to Wall Street, the analysts’ consensus rating for Sony is Strong Buy, based on three Buy and one Hold ratings over the past three months. With that comes an average SONY stock price target of $30.50, representing a potential 23.38% upside for the shares.

See more SONY stock analyst ratings

Disclaimer & DisclosureReport an Issue