Analyst Doug Creutz of TD Cowen reiterated a Buy rating on Sony Group, retaining the price target of $34.00.
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Doug Creutz has given his Buy rating due to a combination of factors tied to Sony’s stronger‑than‑expected operating performance and improving outlook. The company delivered third‑quarter fiscal 2025 revenue and adjusted OIBDA above his forecasts, with particular strength in image sensors, music, and games. Growth in game software and services materially exceeded his expectations, PS5 hardware units outpaced his projections, and recorded music streaming revenue modestly surpassed his estimates. Overall profitability expanded faster than sales, highlighting solid execution across key segments.
Creutz also points to management’s repeated upgrades to full‑year guidance as evidence of broad‑based momentum. Sony raised its full‑year revenue and OIBDA forecasts, with higher contributions expected from games, music, and image sensors, while demonstrating confidence in PS5 monetization given the large installed base and secured component supply. The music business is benefiting from favorable currency moves and stronger live and merchandising trends, while the image sensor division is seeing improving smartphone demand and better pricing. In addition, the increased share repurchase authorization signals management’s confidence in the company’s intrinsic value, further underpinning the Buy recommendation.
Creutz covers the Communication Services sector, focusing on stocks such as Take-Two, Live Nation Entertainment, and Walt Disney. According to TipRanks, Creutz has an average return of 14.9% and a 62.10% success rate on recommended stocks.
In another report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $24.50 price target.