  The $\gamma^\ast \Lambda \to \Sigma^0$ transition form factors are
investigated within the light--cone QCD sum rules method. Using the most
general form of the interpolating current of $\Sigma^0$ baryon and the
distribution amplitudes of $\Lambda$ baryon we calculate the $Q^2$ dependence
of the electromagnetic form factors. Our result are compared with the
predictions of the covariant spectator quark model.
