Analysts Have Made A Financial Statement On TDK Corporation's (TSE:6762) First-Quarter Report

As you might know, TDK Corporation (TSE:6762) recently reported its quarterly numbers. TDK reported in line with analyst predictions, delivering revenues of JP¥536b and statutory earnings per share of JP¥21.85, suggesting the business is executing well and in line with its plan. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on TDK after the latest results.

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Taking into account the latest results, TDK's 17 analysts currently expect revenues in 2026 to be JP¥2.25t, approximately in line with the last 12 months. Per-share earnings are expected to swell 17% to JP¥91.62. In the lead-up to this report, the analysts had been modelling revenues of JP¥2.25t and earnings per share (EPS) of JP¥93.07 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.

Check out our latest analysis for TDK

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥2,029. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic TDK analyst has a price target of JP¥2,300 per share, while the most pessimistic values it at JP¥1,450. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that TDK's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 1.5% growth on an annualised basis. This is compared to a historical growth rate of 9.4% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.2% annually. Factoring in the forecast slowdown in growth, it seems obvious that TDK is also expected to grow slower than other industry participants.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that TDK's revenue is expected to perform worse than the wider industry. The consensus price target held steady at JP¥2,029, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for TDK going out to 2028, and you can see them free on our platform here.

You still need to take note of risks, for example - TDK has 1 warning sign we think 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.