The stock is currently trading at $14.69, showing a slight decline of -0.27% in the last session. The RSI at 54.05 indicates neutral momentum, while the MACD at 0.08 suggests a slightly bullish trend. The stock is trading above its 20-day moving average of $14.42, indicating short-term strength.

Fundamental Outlook SMFG has demonstrated strong business performance, with CEO forecasting net profit exceeding 1.2 trillion yen ($7.65 billion) for the next fiscal year. This forecast surpasses their previous record target of 1.16 trillion yen, showing continued growth momentum.

Key Growth Drivers:

Gross profit growth across all business segments
Successful online banking app Olive performing ahead of schedule
Expanding alliance with Jefferies Financial Group in US equity trading
Planned establishment of back-office and IT center in India

Risk Factors:

Decreasing reliance on cross-shareholding profits
Need to identify new opportunities to maintain profit levels
Market sensitivity to Japanese interest rate policies

Current Market Position: The stock is trading near its Fibonacci resistance level of 14.90, with strong support at 14.14. The current price suggests a balanced risk-reward ratio with potential upside based on fundamental growth prospects.

Based on the technical indicators, fundamental strength, and positive business outlook, SMFG appears to be a BUY at current levels, with potential for further appreciation driven by expanding business operations and profit growth.

What is price prediction 2025 for SMFG Stock?

Based on the provided data and recent market developments, here is the price prediction for SMFG stock in 2025:

SMFG stock is expected to reach $15.50-16.00 by end of 2025, driven by the company's strong profit forecast of over 1.2 trillion yen ($7.65 billion) for fiscal year 2025 and successful business expansion across all segments. The technical indicators show the stock is currently trading near its Fibonacci resistance level of $15.52, with RSI at 54.05 suggesting balanced momentum that supports further upside potential. The positive outlook is further reinforced by SMFG's growing domestic business opportunities and successful online banking initiatives.

What is surpport and resistant level for SMFG Stock?

The S1 support level for SMFG Stock is $14.14 ,The R1 resistant level for SMFG Stock is $14.92.

What is the current price of SMFG Stock?

As of the end of day on 2025-01-24, the price of SMFG Stock was $14.63.

What is the market cap of Sumitomo Mitsui Financial Group Inc?

The market cap of SMFG is $94.5B.

Is Sumitomo Mitsui Financial Group Inc (SMFG) overvalued?

Based on the comprehensive data analysis, SMFG is not overvalued at current levels. The stock trades at a P/B ratio of 0.8-0.9x, which is below historical averages for Japanese megabanks. The company's forward P/E of 10.5-10.8x indicates reasonable valuation metrics compared to peers. SMFG is seeing strong profit growth across all business segments and expects to exceed 1.2 trillion yen in net profit for FY2025 [Ref 1, 2]. The bank's improving capital position and growing overseas ventures, particularly through its Jefferies partnership, provide additional upside potential. Recent share price declines have created an attractive entry point with a 25.8% implied upside according to analyst consensus.

What is Sumitomo Mitsui Financial Group Inc (SMFG)'s business?

Sumitomo Mitsui Financial Group Inc, formerly Sumitomo Mitsui Financial Group Co Ltd, is a Japan-based company engaged in the commercial banking, leasing, securities and consumer finance business. The Company has five business segments. The Wholesale segment is engaged in the banking, leasing and securities business, as well as the venture capital business and management consulting services business for domestic large companies. The Retail segment is engaged in the banking, securities, credit cards and consumer finance business, as well as pension management business for domestic individuals and small corporate customers. The Global segment is engaged in the banking, leasing and securities business, as well as swap-related business for overseas Japanese and non-Japanese companies. The Market segment is engaged in the banking, securities and other financial markets related businesses. The Head Office Management segment is engaged in the system development and other businesses.

What is price prediction 2030 for SMFG Stock?

Based on the provided data and news sources, here is the price prediction for SMFG stock in 2030:

SMFG stock is expected to reach $22-24 by 2030, representing a 50-65% upside from current levels around $14.69. The projection is supported by three key factors:

The company's strong profit growth trajectory, with CEO forecasting net profit exceeding 1.2 trillion yen ($7.65 billion) in FY2025, indicating sustained earnings momentum through 2030.

Expanding business opportunities both domestically and internationally, including strategic initiatives like the Jefferies alliance and planned India IT center, which should drive long-term revenue diversification.

The ongoing Japanese banking sector resurgence and interest rate normalization providing tailwinds for core banking profitability through the second half of this decade.