Bernstein has reduced its price target for Sony (SONY) to $30, down from $33, while continuing to rate the shares as Outperform. The firm anticipates Sony's share price performance will take a break during the first half of 2026, with a resumption expected in the second half of the year.
Bernstein notes that Sony delivered a strong performance in 2025, with its share price rising 24%. This increase was driven by significant outperformance in gaming and semiconductor segments, along with value unlocked from the initial public offering of Sony Financial at the end of September.