Sony Beats Q3 Earnings Expectations, PS5 And Streaming Revenues Growth Prompts Outlook Raise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
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Source: Benzinga
Financial Performance: Sony Group Corp reported a fiscal third-quarter 2024 sales growth of 18% year-on-year to $28.97 billion, exceeding analyst expectations, with notable increases in Game & Network Services and Music revenue.
Sales Outlook: The company expects fiscal 2024 sales to reach $88.00 billion, up from previous estimates, while its stock has surged 16% over the past year, reflecting positive investor sentiment.
Analyst Views on AVIV
Wall Street analysts forecast AVIV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVIV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 74.340
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Current: 74.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
