Toyota Industries Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Toyota Industries Corporation (TSE:6201) just released its latest quarterly results and things are looking bullish. The company beat forecasts, with revenue of JP¥1.0t, some 2.1% above estimates, and statutory earnings per share (EPS) coming in at JP¥331, 55% ahead of expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Toyota Industries

After the latest results, the 14 analysts covering Toyota Industries are now predicting revenues of JP¥4.11t in 2026. If met, this would reflect a modest 2.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 16% to JP¥934. Before this earnings report, the analysts had been forecasting revenues of JP¥4.13t and earnings per share (EPS) of JP¥939 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥12,669. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Toyota Industries analyst has a price target of JP¥15,500 per share, while the most pessimistic values it at JP¥10,500. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Toyota Industries' revenue growth is expected to slow, with the forecast 1.7% annualised growth rate until the end of 2026 being well below the historical 16% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.6% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Toyota Industries.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at JP¥12,669, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Toyota Industries analysts - going out to 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for Toyota Industries you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.