SoftBank (OTCMKTS:SFBQF – Get Free Report) is projected to post its results after the market closes on Monday, November 9th. Analysts expect SoftBank to announce earnings of $0.0246 per share and revenue of $11.95 billion for the quarter.
SoftBank Price Performance
Shares of SoftBank stock opened at $1.40 on Monday. The stock has a 50-day moving average price of $1.51 and a 200 day moving average price of $1.39. SoftBank has a 1 year low of $1.17 and a 1 year high of $1.69.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised shares of SoftBank to a “buy” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, SoftBank presently has an average rating of “Buy”.
SoftBank Company Profile
SoftBank Group Corp. is a Japanese investment holding company focused on technology businesses and growth-stage companies. Founded in 1981 by Masayoshi Son as a distributor of computer software, the company has expanded into telecommunications, internet services, artificial intelligence, semiconductors and technology investing.
Through its investment operations, including the SoftBank Vision Funds, SoftBank backs companies across areas such as enterprise software, e-commerce, financial technology, mobility and artificial intelligence.
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