PS5 shipped around 92.2 million units during fiscal Q3, with the console officially outselling PlayStation 3’s lifetime sales.
Sony Corp (TYO: 6758) reported 1.613 trillion yen in sales from its Game & Network Services segment, representing a 69% year-over-year decrease from 1.682 trillion yen a year earlier.
The decrease was mainly due to a drop off in hardware sales, with PlayStation sales declining.
PS5 Leading the Way
During the period, Sony sold around 8 million PS5 units compared to 9.5 million units in the year-ago period.
However, the drop off or the overall numbers still don’t paint a grim picture given the fact that Sony increased its PS 5 prices last year by $50.
Its closest rival, Nintendo Switch 2 which is still relatively a newcomer, sold around 7 million in the last quarter of 2025, which means that PS5’s only real competitor is its predecessor PS4 which has 117 million lifetime sales.
GTA 6 to Drive Numbers?
The launch of GTA 6 in November this year is definitely going to be a huge boost for Sony since the game’s launch is likely going to boost sales and improve the Game & Network Services segment performance compared to the previous quarter.
Ghost of Yotei Helping
The release of Ghost of Yotei, which a PS5 exclusive, sold 3.3 million sales as at Nov. 2, 2025. Even though Sony did not disclose the figures for the quarter ending Dec. 31, 2025, it is clear that the game has played its role in helping Sony offset some of the sales decline from its Game & Network Services segment.
Ghost of Yotei: Legends, a multiplayer add-on, is slated to hit the platform later this year which will further serve as a shot in the arm for both the game and the platform.
With Nintendo hinting at keeping console prices unchanged, Sony will alos keep the prices in check, despite ongoing memory shortage issues.
The company’s CFO says that Sony is in a good position to avoid supply bottlenecks to meet customer demand for the remainder of the year.
Sony Stock Forecast
Wall Street analysts have set a price target of $31.5, representing a 48% increase from the latest stock price, based on the company’s financial performance, earnings growth and industry outlook.
Analyst Rating: BUY
All in all, with PS5 expected to continue to perform well in sales and the company likely to land more exclusive partnerships, Sony is likely to be one of the best performing stocks of the year in its industry.
