Toyota Motor (TM) Stock Forecast & Price Target

$171.33

+1.40 (+0.82%)

(As of 10/23/2024 ET)

Toyota Motor - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 2 Analyst Ratings

Sell
0

Hold
2

Buy
0

Based on 2 Wall Street analysts who have issued ratings for Toyota Motor in the last 12 months, the stock has a consensus rating of "Hold." Out of the 2 analysts, 2 have given a hold rating for TM.

Consensus Price Target

N/A

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TM Analyst Ratings Over Time

Type	Current Forecast 10/25/23 to 10/24/24	1 Month Ago 9/25/23 to 9/24/24	3 Months Ago 7/27/23 to 7/26/24	1 Year Ago 10/25/22 to 10/25/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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TM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Toyota Motor Stock vs. The Competition

Type	Toyota Motor	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.00	2.43	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	N/A	223.38% Upside	8.45% Upside
News Sentiment Rating	Neutral News See Recent TM News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating
6/14/2024	Erste Group Bank 3 of 5 stars	Reiterated Rating	Buy ➝ Hold
1/31/2024	Nomura 4 of 5 stars	Downgrade	Buy ➝ Neutral
7/10/2023	Morgan Stanley 3 of 5 stars	Downgrade	Overweight ➝ Equal Weight
6/29/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:30 AM ET.

Should I Buy Toyota Motor Stock? TM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 18, 2024. Please send any questions or comments about these Toyota Motor pros and cons to contact@marketbeat.com.

Toyota Motor
Bull Case

Here are some ways that investors could benefit from investing in Toyota:

Toyota's stock price is currently at an attractive level, making it a potential value investment opportunity.
Strong historical financial performance with consistent revenue growth and solid profitability ratios, indicating stability.
Toyota's focus on innovation and sustainability, particularly in the electric vehicle market, positions it well for future growth.
Robust global presence and diversified product portfolio reduce risks associated with regional economic fluctuations.
Recent positive earnings reports exceeding analyst expectations demonstrate strong operational efficiency and management effectiveness.

Toyota Motor
Bear Case

Investors should be bearish about investing in Toyota for these reasons:

Market volatility and economic uncertainties may impact Toyota's stock price, leading to short-term fluctuations.
Intense competition in the automotive industry could pressure margins and market share, affecting profitability.
Dependency on traditional internal combustion engine vehicles may pose challenges in adapting to evolving consumer preferences towards electric vehicles.
Global supply chain disruptions and geopolitical tensions could impact production and distribution, affecting financial performance.
Regulatory changes and compliance requirements in different markets may increase operational costs and hinder profitability.

TM Forecast - Frequently Asked Questions

: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toyota Motor in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TM, but not buy additional shares or sell existing shares.
: According to analysts, Toyota Motor's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Toyota Motor less than other "auto/tires/trucks" companies. The consensus rating score for Toyota Motor is 2.00 while the average consensus rating score for "auto/tires/trucks" companies is 2.43. Learn more on how TM compares to other companies.