SoftBank Group (SFTBY) stock forecast for 2023
Last update: May 28, 2023 (15:10)
Sector: FinancialThe share price of SoftBank Group Corp. (SFTBY) now
50/200 Day Moving Average: $ / $
This figure corresponds to the Average Price over the previous 50/200 days. For SoftBank Group stocks, the 50-day moving average is the support level today.
For SoftBank Group stocks, the 200-day moving average is the support level today.
Are you interested in SoftBank Group stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the SoftBank Group stock price in 2023. How much will one SoftBank Group share be worth in 2023? Is it worth taking profit / loss on SoftBank Group stock now or waiting? What are analysts' forecasts for SoftBank Group stock?
We forecast SoftBank Group stock performance using neural networks based on historical data on SoftBank Group stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The SoftBank Group stock prediction results are shown below and presented as a graph, table and text information.
SoftBank Group stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for SoftBank Group analysts is $.
Today 200 Day Moving Average is the support level ( $).
50 Day Moving Average is the support level ( $).
Historical and forecast chart of SoftBank Group stock
The chart below shows the historical price of SoftBank Group stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the SoftBank Group stock price can be found in the table below.
SoftBank Group (SFTBY) Forecast for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jun | 17.98 | 17.47 | 19.27 | 9.33 % |
| Jul | 19.52 | 18.94 | 21.07 | 10.10 % |
| Aug | 19.76 | 19.24 | 21.30 | 9.65 % |
| Sep | 18.93 | 17.51 | 19.59 | 10.63 % |
| Oct | 18.68 | 18.05 | 19.32 | 6.58 % |
| Nov | 17.95 | 16.79 | 18.74 | 10.44 % |
| Dec | 18.13 | 17.24 | 19.42 | 11.20 % |
SoftBank Group information and performance
SoftBank Group Corp. provides telecommunication services in Japan and abroad. The company operates in six segments. SoftBank Group offers mobile services, mobile devices and accessories, is engaged in online advertising, e-commerce, develops microprocessor intellectual property, software tools and software, and provides services for the distribution of visual, audio and data content and services for online businesses.
SoftBank Vision Fund and Delta Fund provide investment management services.
The company was formerly known as SoftBank Corp. and changed its name to SoftBank Group Corp. in July 2015.
SoftBank Group Corp. was founded in 1981 and is headquartered in Tokyo, Japan.
N/A
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
SoftBank Group price target for 2023 by month
Target values for the price of one SoftBank Group share for Jun 2023.
In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 9.328% volatility is expected.
Pessimistic target level: 17.47
Optimistic target level: 19.27
Target values for the price of one SoftBank Group share for Jul 2023.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 10.102% volatility is expected.
Pessimistic target level: 18.94
Optimistic target level: 21.07
Target values for the price of one SoftBank Group share for Aug 2023.
In Aug, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 9.648% volatility is expected.
Pessimistic target level: 19.24
Optimistic target level: 21.30
Target values for the price of one SoftBank Group share for Sep 2023.
In Sep, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.628% volatility is expected.
Pessimistic target level: 17.51
Optimistic target level: 19.59
Target values for the price of one SoftBank Group share for Oct 2023.
In Oct, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 6.577% volatility is expected.
Pessimistic target level: 18.05
Optimistic target level: 19.32
Target values for the price of one SoftBank Group share for Nov 2023.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.441% volatility is expected.
Pessimistic target level: 16.79
Optimistic target level: 18.74
Target values for the price of one SoftBank Group share for Dec 2023.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 11.204% volatility is expected.
Pessimistic target level: 17.24
Optimistic target level: 19.42