Toyota Motor Corporation (TM) Stock Forecast
TM analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.50 / 5 from 4 analysts
- Price target
- $234.08 average of analyst targets
- Upside to target
- +20.3% from the latest close
- Next earnings
- November 4, 2026
- 52-week range
- $166.50 – $248.29
TM analyst ratings
4 analystsNumber of analysts at each rating.
TM price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
TM earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.73 | $2.73 | $2.73 | $4.66 | −41.3% | 1 |
| Next quarter (Dec '26) | $3.23 | $3.23 | $3.23 | $6.15 | −47.4% | 1 |
| Current fiscal year (FY2027) | $18.33 | $16.91 | $19.53 | $18.85 | −2.8% | 3 |
| Next fiscal year (FY2028) | $20.51 | $20.38 | $20.58 | $18.33 | +11.9% | 3 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
TM revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $13.35T | $12.86T | $14.07T | +7.8% | 9 |
| Next quarter (Dec '26) | $13.88T | $13.13T | $14.50T | +3.2% | 8 |
| Current fiscal year (FY2027) | $53.97T | $52.47T | $55.00T | +195.6% | 18 |
| Next fiscal year (FY2028) | $55.66T | $52.30T | $58.55T | +3.1% | 21 |
TM EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
TM revenue: reported and forecast
TM EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $5.12 | $4.19 | $4.19 | $4.19 | $2.73 | −46.6% | 0 up · 1 down |
| Next quarter (Dec '26) | $5.74 | $4.66 | $4.66 | $4.66 | $3.23 | −43.7% | 0 up · 1 down |
| Current fiscal year (FY2027) | $17.51 | $17.99 | $16.91 | $16.91 | $18.33 | +4.7% | 0 up · 1 down |
| Next fiscal year (FY2028) | $25.31 | $21.68 | $20.54 | $20.54 | $20.51 | −19.0% | 0 up · 2 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
TM earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; TM beat in 8 of 12.
What analysts expect from TM
4 analysts cover Toyota Motor; their consensus rating is strong buy (4.50 on a 1–5 scale, where 5 is a strong buy). The average price target is $234.08, 20.3% above the latest close of $194.61. Analysts expect earnings of $18.33 per share for FY2027, −2.8% from a year earlier. For FY2028 the average estimate is $20.51 per share on revenue of $55.66 trillion. Toyota Motor beat the EPS estimate in 8 of the last 12 quarters.
Related: TM income statement, TM key metrics, TM chart. See the TM stock overview for the latest quote and news.
TM forecast FAQ
What is Toyota Motor's price target?
The average analyst price target for Toyota Motor is $234.08, 20.3% above the latest close of $194.61.
Is Toyota Motor a buy, hold or sell?
Of 4 analysts covering Toyota Motor, 2 rate it a strong buy, 2 a buy, 0 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Toyota Motor's EPS forecast?
Analysts forecast $18.33 per share for FY2027 (range $16.91 to $19.53); for FY2028 the estimate is $20.51.
What is Toyota Motor's revenue forecast?
The average revenue estimate for FY2027 is $53.97 trillion, growth of 195.6%; for FY2028 it is $55.66 trillion.
When does Toyota Motor report earnings?
Toyota Motor is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
Does Toyota Motor usually beat earnings estimates?
Toyota Motor reported EPS at or above the analyst estimate in 8 of the last 12 quarters.