SoftBank Group (9984.T, JPX) Pre-Market 21 Jan 2026: JPY 3,851, watch OpenAI stake
9984.T stock is trading at JPY 3,851.00 in the JPX pre-market on 21 Jan 2026, down 3.29% from the previous close. Volume is heavy with 44,155,500 shares changing hands so far, keeping SoftBank Group among Japan’s most active names. The drop follows a mix of portfolio moves and large strategic commitments, including additional funding in AI and SB Energy projects. We examine valuation, trading flow, and the near-term catalysts likely to keep 9984.T stock volatile for active traders and longer-term investors.
Pre-market snapshot for 9984.T stock
SoftBank Group (9984.T) opened at JPY 4,022.00 and is measured at JPY 3,851.00 pre-market on 21 Jan 2026, with a day range of JPY 3,841.00–JPY 4,029.00. Market cap stands near JPY 21,944,828,934,844.00 and shares outstanding are 5,698,475,444.00, keeping liquidity high and the name one of the JPX most active stocks today.
Why price moved: news and portfolio activity
Recent rounds of investment and stake adjustments explain part of the move: SoftBank led or co-led multiple AI and energy rounds and completed a second OpenAI closing, lifting its OpenAI stake. Reuters and CNBC reported deals tied to SoftBank’s Vision Fund and SB Energy that increase strategic exposure and headline risk. These corporate actions create active flows in 9984.T stock as traders price in asset revaluation and potential asset sales source source.
Valuation and fundamentals: where 9984.T stock stands
SoftBank trades at a P/E of 7.20 with trailing EPS of JPY 534.93, below the Communication Services sector average P/E of ~25.56, signaling a value discount. Book value per share is JPY 2,924.79 and cash per share is JPY 1,189.98, while debt to equity is 1.44, showing a leveraged balance sheet. These metrics link directly to price sensitivity when Vision Fund valuations move.
Technical view and trading activity for traders
Momentum is negative: daily RSI is 19.30 (oversold) and MACD histogram shows widening downside pressure. Price sits beneath the 50-day average of JPY 4,476.67 but above the 200-day average of JPY 3,652.01, creating mixed signals for swing traders. Average daily volume is 84,871,477.00, and today’s 44,155,500.00 traded shares confirm the stock is one of JPX’s most active pre-market names.
Meyka grade and forecast for 9984.T stock
Meyka AI rates 9984.T with a score out of 100: 68.16 / 100, Grade B, Suggestion HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a short-term monthly target of JPY 3,907.64 and a 1-year projection of JPY 10,801.02, implying +1.47% and +180.63% versus the current price of JPY 3,851.00 respectively. Forecasts are model-based projections and not guarantees.
Risks and catalysts to watch
Key catalysts include further OpenAI funding rounds, asset disposals, and SB Energy project updates; negative catalysts include portfolio markdowns and higher interest costs. SoftBank’s enterprise value to EBITDA is ~7.13, while interest coverage is weak at 1.03, which raises refinancing sensitivity. Active traders should watch block trades, fund rebalancing, and official updates around the next earnings announcement on 12 Feb 2026.
Final Thoughts
9984.T stock is a high-liquidity, headline-driven name in the JPX pre-market on 21 Jan 2026, trading at JPY 3,851.00 and down 3.29% after heavy volume. Valuation metrics such as P/E 7.20 and book value JPY 2,924.79 make SoftBank look inexpensive versus peers, but balance-sheet leverage and Vision Fund valuation swings add real risk. Meyka AI’s model projects a near-term level of JPY 3,907.64 (+1.47%) and a one-year model target of JPY 10,801.02 (+180.63%), which illustrates the asymmetry between short-term flow-driven moves and longer-term recovery scenarios. Active traders should prioritise liquidity and use tight risk controls; longer-term investors should monitor asset-sale progress and OpenAI/SB Energy updates before changing position sizes. For live quotes and trade tools see the SoftBank page on Meyka AI for real-time alerts and deeper data.
FAQs
What is the current price and pre-market move for 9984.T stock?
9984.T stock is trading at JPY 3,851.00 in pre-market on 21 Jan 2026, down 3.29% from the previous close with 44,155,500 shares traded so far, making it one of JPX’s most active names.
How does SoftBank’s valuation compare to its sector for 9984.T stock?
SoftBank trades at a P/E of 7.20, well below the Communication Services sector average near 25.56, indicating a valuation discount but with higher leverage and Vision Fund exposure to consider.
What are the Meyka AI forecasts and grade for 9984.T stock?
Meyka AI rates 9984.T 68.16/100 (Grade B, HOLD). Meyka AI’s forecast model projects JPY 3,907.64 monthly and JPY 10,801.02 yearly. Forecasts are model-based projections and not guarantees.
Which catalysts should traders watch for 9984.T stock?
Traders should watch OpenAI and SB Energy funding updates, block trades, portfolio revaluations, and the earnings announcement on 12 Feb 2026, all of which can trigger large intraday moves in 9984.T stock.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
