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NYSE: TM
Toyota Motor Corp Stock Forecast, Predictions & Price Target

Analyst price target for TM

Based on 2 analysts offering 12 month price targets for Toyota Motor Corp.
Min Forecast
$184.33+2.07%
Avg Forecast
$187.77+3.97%
Max Forecast
$191.20+5.88%

Should I buy or sell TM stock?

Strong Buy
Strong Buy
3 analysts 75%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is TM forecast to generate an efficient return?
Company
23.4%
Industry
26.46%
Market
61.34%
TM's Return on Equity is forecast to be high in 3 years (23.4%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TM forecast to generate an efficient return on assets?
Company
8.79%
Industry
10.01%
Market
18.93%
TM is forecast to generate lower Return on Assets (8.79%) than the US Auto Manufacturers industry average (10.01%)
Forecast

TM earnings per share forecast

What is TM's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$16.58+12.39%
Avg 2 year Forecast
$17.61+19.37%
Avg 3 year Forecast
$17.87+21.14%
TM's earnings are forecast to grow at a rate of 7.18% per year, which is not exceptional
Forecast

TM revenue forecast

What is TM's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$282.6B+13.08%
Avg 2 year Forecast
$296.5B+18.65%
Avg 3 year Forecast
$307.3B+22.97%
TM's revenue is forecast to grow at a rate of 7.43% per year, which is not exceptional
Forecast

TM earnings growth forecast

How is TM forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
7.18%
Industry
61.54%
Market
19.57%
TM's earnings are forecast to grow slower (7.18% per year) than the US Auto Manufacturers industry average (61.54%)
Forecast
TM's earnings are forecast to grow slower (7.18% per year) than the US market average (19.57%)
Forecast
TM's earnings are forecast to grow faster (7.18% per year) than the risk-free savings rate (1.5%)
Forecast

TM revenue growth forecast

How is TM forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
7.43%
Industry
64.14%
Market
14.55%
TM's revenues are forecast to grow slower (7.43% per year) than the US Auto Manufacturers industry average (64.14%)
Forecast
TM's revenues are forecast to grow slower (7.43% per year) than the US market average (14.55%)
Forecast

Toyota Motor Corp Stock Forecast FAQ

Is Toyota Motor Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: TM) stock is to Strong Buy TM stock.

Out of 4 analysts, 3 (75%) are recommending TM as a Strong Buy, 0 (0%) are recommending TM as a Buy, 1 (25%) are recommending TM as a Hold, 0 (0%) are recommending TM as a Sell, and 0 (0%) are recommending TM as a Strong Sell.

What is TM's earnings growth forecast for 2022-2024?

(NYSE: TM) Toyota Motor Corp's forecast annual earnings growth rate of 7.18% is not forecast to beat the US Auto Manufacturers industry's average forecast earnings growth rate of 61.54%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.57%.

Toyota Motor Corp's earnings in 2021 is $20,485,958,029.On average, 3 Wall Street analysts forecast TM's earnings for 2022 to be $46,356,828,783, with the lowest TM earnings forecast at $42,917,811,931, and the highest TM earnings forecast at $49,767,886,148. On average, 3 Wall Street analysts forecast TM's earnings for 2023 to be $49,236,655,903, with the lowest TM earnings forecast at $46,300,909,810, and the highest TM earnings forecast at $54,157,525,544.

In 2024, TM is forecast to generate $49,963,602,554 in earnings, with the lowest earnings forecast at $49,879,724,094 and the highest earnings forecast at $50,047,481,014.

What is TM's revenue growth forecast for 2022-2024?

(NYSE: TM) Toyota Motor Corp's forecast annual revenue growth rate of 7.43% is not forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 64.14%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

Toyota Motor Corp's revenue in 2021 is $248,308,339,416.On average, 2 Wall Street analysts forecast TM's revenue for 2022 to be $790,085,882,619,584, with the lowest TM revenue forecast at $769,507,980,076,850, and the highest TM revenue forecast at $810,663,785,162,318. On average, 2 Wall Street analysts forecast TM's revenue for 2023 to be $829,022,683,051,043, with the lowest TM revenue forecast at $796,067,535,182,788, and the highest TM revenue forecast at $861,977,830,919,298.

In 2024, TM is forecast to generate $859,224,380,678,930 in revenue, with the lowest revenue forecast at $823,321,883,530,736 and the highest revenue forecast at $895,126,877,827,124.

What is TM's forecast return on assets (ROA) for 2022-2024?

(NYSE: TM) forecast ROA is 8.79%, which is lower than the forecast US Auto Manufacturers industry average of 10.01%.

What is TM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year TM price target, the average TM price target is $187.77, with the highest TM stock price forecast at $191.20 and the lowest TM stock price forecast at $184.33.

On average, Wall Street analysts predict that Toyota Motor Corp's share price could stay at $187.77 by Jun 1, 2022. The average Toyota Motor Corp stock price prediction forecasts a potential downside of N/A from the current TM share price of $180.59.

What is TM's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TM) Toyota Motor Corp's current Earnings Per Share (EPS) is $14.66. On average, analysts forecast that TM's EPS will be $16.58 for 2022, with the lowest EPS forecast at $15.35, and the highest EPS forecast at $17.80. On average, analysts forecast that TM's EPS will be $17.61 for 2023, with the lowest EPS forecast at $16.56, and the highest EPS forecast at $19.37. In 2024, TM's EPS is forecast to hit $17.87 (min: $17.84, max: $17.90).

What is TM's forecast return on equity (ROE) for 2022-2024?

(NYSE: TM) forecast ROE is 23.4%, which is considered strong.
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