StocksMedium•10 November 2026•
1 min read
SoftBank Shares Jump 12.6% on Earnings Beat and Record AI Revenue Growth
Key Facts
1SoftBank Group reported a fiscal second-quarter net income of 214.48 billion yen, exceeding market expectations.
2Cloud and AI revenue grew by 37%, driving a 12.6% surge in the company's share price.
SoftBank Group reported a fiscal second-quarter net income of 214.48 billion yen, exceeding market expectations of 199.36 billion yen. TradingKey reported that the company's shares surged 12.6% to 3,831 yen following the announcement, driven by a 37% growth in cloud and AI revenue.
Consolidated revenue for the first half of the fiscal year reached 3.79 trillion yen, marking the strongest performance in the company's history. SFTBY closed at $11.75 on November 9, 2026, as the stock benefited from institutional buying and a short squeeze after quarterly net sales of 1.98 trillion yen beat the 1.87 trillion yen estimate.