Sony Stock Surges on LittleBigPlanet Remaster Rumors—Gamers Are Buying (Literally)
Sony shares got a power-up this week as whispers of a LittleBigPlanet remaster sent investors and gamers into a frenzy. Because nothing moves markets like nostalgia—and the desperate hope that this time, microtransactions won’t ruin everything.
Rumors spark rally
No official confirmation yet, but traders piled into Sony stock like it was a limited-edition PS5 drop. Because in gaming, hype is the real currency—just ask anyone who bought NFTs.
Why it matters
The gaming giant needs a win after last year’s lackluster releases. A LBP remake could be the Mario Kart 8 Deluxe of PlayStation—a safe bet that prints money while innovation takes a coffee break.
Wall Street plays along
Analysts upgraded price targets faster than you can say 'pre-order bonus.' Because when has betting on recycled content ever gone wrong? (Looking at you, Hollywood.)
The bottom line: In gaming and finance, sometimes the best strategy is pressing the same buttons and hoping for a different outcome.
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Unfortunately, it seems unlikely that a LittleBigPlanet remaster is on the way. That’s due to the nature of IMDb, which allows anyone to create a page. That means this page could be a fake. A closer look at the game’s box art cements this, as Woody from Disney’s (DIS) Toy Story is tucked away among the Sackboys and Sackgirls.
While Disney did collaborate with Sony to include a Sackboy costume of Woody in LittleBigPlanet 2, 3, and the PSVita version of LittleBigPlanet, Woody never appeared in the game. His inclusion in the box art is a red flag that this is a fan-made image.
Will PlayStation Remaster LittleBigPlanet?
A LittleBigPlanet remaster isn’t off the table, even if this latest rumor is likely fake. The series has continued to appear on PlayStation consoles over the years, including the release of Sackboy: A Big Adventure on PlayStation 5 in 2020.
While Astro Bot has secured its place as the new PlayStation mascot following the success of its self-titled game last year, there’s till plenty of room for a secondary mascot in Sackboy. The video game industry is also in an age of nostalgia, with remasters for older games frequently performing well with gamers who grew up with them. This could result in a LittleBigPlanet remaster to take advantage of this trend.
SONY stock was up 3.27% as of Friday morning, extending a 24.65% year-to-date rally and 50.32% 12-month gain.
Is SONY Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Sony is Moderate Buy, based on two Buy and one Hold rating over the past three months. With that comes an average SONY stock price target of $29, representing a potential 9.93% upside.