A free stock price prediction app using AI for the future of Sony stock prices
This time, I would like to introduce the Sony Group and deliver information on future stock price predictions. The images used in this article are basically things you can actually see with the “moomoo app” introduced later. It is a paid application that not only analyzes companies, but also has an “AI chart/stock price prediction” function.
1. 6758 Sony Group latest news
Currently, I will introduce Sony-related news that was announced on 2024/4/17. The latest Sony news and informationrinkYou can view it by clicking, so please take a look.
Sony PS5 Pro release: According to reports, developers are preparing for the new console
Market rumor: Sony plans to introduce PlayStation 5 Pro by the end of the year
What is Sony Group
The Sony Group is a company representing Japan that develops a wide range of businesses, such as image sensors, games, music, and movies. Since its establishment, it has become world-famous in the electronics field such as electrical appliances under the “SONY” brand. Currently, it is a company that uses image sensors with the world's largest market share, movies produced by “Spider-Man,” music with the largest music publishing company in the world, anime produced by “Demon Slayer,” and life insurance, and banking, which is the group's financial services business. In particular, the game business, which houses “PlayStation,” which is the world's largest home video game brand, is also driving the Sony Group's performance. Also, in 2022, they formed a partnership with Honda in the electric vehicle business, established “Sony Honda Mobility Co., Ltd.,” and announced their entry into the huge automobile industry. These stocks are listed on the Tokyo Stock Exchange Prime Market and the New York Stock Exchange, and are constituent stocks of the Nikkei Stock Average, TOPIX Core 30, and the JPX-Nikkei Index 400. The total market value is 16.5 trillion yen, making it the 5th most valuable company in Japan.
2. Real-time chart of the 6758 Sony Group stock price
You can check real-time stock prices by clicking on the chart.
Although it was affected by global stock depreciation due to the effects of the novel coronavirus, it has now risen by over 30% compared to a year ago. Although it was affected by the novel coronavirus, it is basically a stock that has been able to maintain an upward trend. The Sony Group was originally a world-famous brand called “SONY,” and the manufacture and sale of AV equipment has driven performance, but now the game business, music business, film business, and image sensor business are driving the Sony Group's performance. It has strong licenses, such as the famous “PlayStation” series, “Spider-Man,” and “Demon Slayer,” which achieved a huge global hit, bringing huge profits to the Sony Group. Also, image sensors are widely used in mobile devices and in-vehicle sensors, and although they are not well known for their number one market share in the world, they are one of the pillars of our business. Therefore, it is safe to say that major guidance and performance relating to these businesses will have an impact on the Sony Group's stock price.
3. Announcement of financial results for the 2024 fiscal year Q3
The Sony Group announced financial results for the Q3 quarter on 2024/2/14.
Net sales were 37,47.5 billion yen (+22% compared to the same period last year)
Profit before income taxes was 458.6 billion yen (+17% compared to the same period last year), which exceeded market expectations.
Due to strong business performance, we have decided to implement an annual dividend of 85 yen (75 yen for the previous fiscal year) for the current fiscal year, which had previously been undecided.
Meanwhile, after receiving financial results, the closing price as of 2/13 was 14,735 yen, 2/14 was 14,660 yen, and 2/15 was 13,710 yen.
Key Metrics
EPS (net income per share)
Here is the EPS trend. The result was lower than the forecast value for Q2 2024, but for Q3, the result was 295.67 yen, which greatly exceeded the predicted value (257.62 yen). Predicted values for 2024 Q4 and 2025 Q1 have also been released, so the highlight is whether they can exceed the predicted values in the future.
ROE (return on equity)
Here is the ROE trend. Although recently there was a downward trend and a low trend, we were able to show high profitability in Q3, +5.94% compared to Q2.
Net cash balance
Against the backdrop of strong performance in Q3, we succeeded in generating a large free cash flow of +672.9 billion yen in net cash balance.
financial statements
Here are the changes in the quarterly income statement for the fiscal year ending 2024/3.
In Q1, there was an increase in sales and a decrease in profit compared to the previous quarter. In addition to the significant increase in sales in each segment, there was also an effect of the depreciation of the yen, which led to such results. Meanwhile, operating profit decreased by 30%. This was mainly due to a drastic decline in profits in the film sector and financial sector.
Sales and profit also increased and decreased in Q2. Although sales declined in the financial sector and technology sector, total sales increased due to increased sales in the game sector and the movie/music sector. The decline in profit was mainly due to a decline in profit in the financial sector, image sensor sector, and technology sector.
Sales and profit increased in Q3. The reason was a significant increase in sales in the financial sector, technology field, image sensor field, music field, and film field, and a significant increase in profit in the financial, film, and music fields. Since it is a company that operates globally, exchange rates are also a stock that is greatly affected by business results. The recent rapid depreciation of the yen had a positive impact on the financial results of the Sony Group. Meanwhile, events aimed at American interest rate cuts and Japan's negative interest rate cancellation are also ahead in the future, so such external factors are also attracting attention.
What is Sony Group's balance sheetHereIt will be. The indicators showing safety are a liquidity ratio of 0.69 and a current account ratio of 0.47, which indicates high safety, and it can be said that the risk of recent default is quite low.
business data
As shown in the graph, the Sony Group withdrew from the TV sales business in 2022/Q4. The sales volume of the main “PlayStation” is shown in the graph. The sales forecast for PlayStation 5 units has been revised downward from the original 25 million units to around 21 million units. Furthermore, semiconductor prices are rising, supply shortages, and global prices continue to be high, and in particular, the PS5 real price increase was implemented in the fall of 2023. The game business is also Sony's breadwinner, so investors' views may also be tough. It is a point worth paying attention to whether the sales forecast, which has been revised downward this time, can be achieved. Also, it seems necessary to keep a close eye on the news of “PlayStation 6,” which will be released in the future.
Here is a trend in the number of game software units sold. Although the number of units sold has increased recently, it is a figure that cannot be said to be growing at a high rate.
The music field is also an important business field for the Sony Group. Although there is a downward trend in the growth rate, it can be seen that earnings are basically rising in the right direction.
Up to this point, we have described the results of receiving the Sony Group's financial results announcement for the 2024 fiscal year Q3.
Looking only at numbers, Q3 seemed to be doing well, but stock prices were falling. I will now touch on that factor. It can be said that this was because the way to earn money was different from what the market wanted. While the financial business has surpassed market expectations, the fact that profits in the gaming sector, which is the Sony Group's main business, have declined more than expected, which seems to have led to a movement that is viewed negatively. Furthermore, sales estimates for the game console “PlayStation 5,” which is the Sony Group's main brand, have also been lowered. Furthermore, the full-year forecast was slightly revised upward to the previous operating profit of 1.17 trillion yen to 1.18 trillion yen, down 9.4% from the previous fiscal year, and fell short of the consensus level of 1.2 trillion yen or more.
At the same time, plans were also announced to list Sony Financial Group, which is the financial services division that has raised relatively stable profits within the Sony Group, by 2025/10, and it was announced that the Sony Group's share will be 20% or less.
Despite such strong performance figures, stock prices fell because the restructuring of the main game field and financial services sector was viewed negatively by the market. Going forward, it seems necessary to pay attention to the contents rather than performance figures.
4. How to predict the future of Sony Group stock prices with AI for free moomoo appIntroduction of
Here, I will introduce an application that predicts the future of the Sony Group's stock price with AI. It's”moomoo appIt's”.
MOOMOO APP FEATURES
You can watch free real-time stock prices and news
This feature only requires download and registration, and you can view real-time stock prices and paid information for free. You can view a wide range of information such as indices, exchange rates, and cryptocurrencies. It also has an automatic translation function for overseas news, so even those who can't speak English can obtain information, and since financial statements from overseas companies can also be viewed with automatically translated subtitles, overseas information can also be known in real time.
The industry's first US stock can be traded 24 hours a day
Moomoo Securities began securities business in 2023/9, and it is now possible to open a securities account within the moomoo app. Initially, it was possible to trade only US stocks, and we handle the highest level of stocks in the industry unique to the Futu Group, which operates globally, using the industry's first 24-hour trading as an advantage.Please check here for the stocks we handle in US stocks.
Even transaction fees have characteristics not found in Japanese securities companies. That is, you can select 2 types of fee courses, a “basic course” and an “advanced course,” according to user needs. The fee for the basic course is 0.088% (tax included) of the contract price, and for the advanced course, the transaction fee is 2.18 dollars (tax included) for any brand if it is up to 200 shares. The US stock transaction fee for SBI Securities, which has the largest number of accounts in Japan, is 0.495% (tax included) of the contract price x 0.495% (tax included), so it is a cheap fee even for the basic course. Furthermore, users who make large transactions can trade at a better price by choosing the Advanced Course. Also, trading of Japanese stocks has now started, limited to those who have already opened an account.
5. Evaluation by Sony Group 2024/Q4 & 2025/Q1 analysts
Also, you can view the future of Sony stock prices from analysts on the moomoo app.
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After selecting Sony Group stocks, you can view corporate analysis, including analyst evaluations, on the “Analysis” screen. If you press “Analyst Evaluation”, you can view the evaluation of each stock.
Let's take a look at Sony Group's analyst ratings. The Sony Group has been evaluated by 23 analysts over the past 3 months. The evaluations are “neutral,” “slightly bullish,” and “bullish,” and the overall evaluation is “slightly bullish.” Although stock prices fell in response to the 2024/Q2 financial results, we were able to show strong performance, so it seems that they have received a certain amount of evaluation from analysts.
Stock price chart AI prediction using the Moomoo app
One of the features of the moomoo app is the stock price chart AI prediction function. This is a chart analysis function utilizing advanced AI technology. By utilizing this function, analysis with higher accuracy than conventional methods is possible. In fact, many investors appreciate the high accuracy and ease of use of the Moomoo app's AI chart analysis, and they are improving services and adding new features based on the voices of those users. It can be expected that the evolution of AI technology will continue to support users' effective investment strategies, reduce investment risks, and maximize returns.
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To view chart predictions on the moomoo app, open “chart prediction” on the stock screen and press “start” to view “chart predictions” analyzed by AI. The Sony Group's AI chart predictions are shown on the screen. Sony Group. Although there was an increase in sales and profit in 2024/Q3, sales have declined in Q1 and Q2 so far, performance in the game business, which is a pillar of performance, has not been good, and stock prices have been on a downward trend after financial results were announced, so it is expected to be almost flat in AI chart predictions. Based on future 2024/Q4 financial results and guidance, it seems that how the market is viewed will become important.
Summarize
We have provided an overview of the future of Sony stock prices through this article. If you are interested in the future of Sony stock,moomoo appI recommend it.
An advantageous program for opening an account
● New account opening completed (2024/4/1-)
Transaction fees for US stocks will be free for 2 months for all those who have completed opening a Moomoo securities account.
