1. Sony Group Corporation (NYSE:SONY)
On May 11, 2026, Benchmark analyst Mike Hickey lowered the firm’s price target on Sony Group Corporation (NYSE:SONY) to 3,900 yen from 4,250 yen while maintaining a Buy rating following what the firm described as a mixed quarter. Benchmark said key catalysts ahead include a robust gaming content pipeline spanning both first- and third-party releases, including Marvel’s Wolverine, SAROS, and the expected launch of Grand Theft Auto VI, which the firm believes could support engagement, monetization, and additional hardware demand.
Meanwhile, BofA raised the firm’s price target on Sony Group Corporation (NYSE:SONY) to $34 from $30.67 and kept a Buy rating on the shares. The firm said Sony delivered positive earnings supported by strength across its core businesses.
On May 8, 2026, Sony Semiconductor Solutions Corporation and Taiwan Semiconductor Manufacturing Company announced the signing of a non-binding memorandum of understanding to form a strategic partnership focused on the development and manufacturing of next-generation image sensors. Under the proposed agreement, the companies intend to establish a joint venture in Sony’s new fabrication facility in Kumamoto Prefecture, with Sony holding a majority stake and operational control. The partnership is expected to combine Sony’s image sensor design capabilities with TSMC’s manufacturing and process technology expertise. The companies said the collaboration will also explore opportunities tied to physical AI applications, including automotive and robotics technologies.
The same day, Sony Group Corporation (NYSE:SONY) reported FY25 EPS of Y171.44 compared to Y175.71 in the prior year. Revenue totaled Y12.5T compared to Y12T last year, while operating income rose to Y1.4T from Y1.3T. Sony sees FY26 sales of Y12.3T.
Sony Group Corporation (NYSE:SONY) designs, develops, manufactures, and sells consumer, professional, and industrial electronic products and entertainment content globally.
While we acknowledge the potential of SONY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SONY and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 AI Stocks with Potential to Rise 1000 Percent and 10 Best AI Pick-and-Shovel Stocks to Buy
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
