Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 229.23
+3.55 (1.57%)
Jul 10, 2026, 2:45 PM EST
Toromont Industries Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, Toromont Industries stock has a consensus rating of "Buy" and an average price target of $239.78. The average 1-year stock price forecast is 4.60% higher than the current stock price, while the lowest is $215.00 (-6.21%) and the highest is $259.00 (+12.99%).
Price Target: $239.78 (+4.60%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Toromont Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 4 | 4 | 4 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $215.00 → $240.00 | Hold | Maintains | $215.00 → $240.00 | +4.70% | Jul 8, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $229.00 → $238.00 | Hold | Maintains | $229.00 → $238.00 | +3.83% | Jul 7, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $234.00 → $256.00 | Buy | Maintains | $234.00 → $256.00 | +11.68% | Jun 18, 2026 |
| Raymond James | Raymond James | Hold Upgrades $190.00 → $235.00 | Hold | Upgrades | $190.00 → $235.00 | +2.52% | Jun 18, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $228.00 → $240.00 | Buy | Maintains | $228.00 → $240.00 | +4.70% | May 4, 2026 |
Financial Forecast
Revenue This Year
5.75B
from 5.20B
Increased by 10.44%
Revenue Next Year
6.30B
from 5.75B
Increased by 9.69%
EPS This Year
7.19
from 6.07
Increased by 18.43%
EPS Next Year
8.69
from 7.19
Increased by 20.87%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.9B | ||
| Avg | 5.7B | ||
| Low | 5.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 13.9% | ||
| Avg | 10.4% | ||
| Low | 8.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.60 | ||
| Avg | 7.19 | ||
| Low | 6.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 25.2% | ||
| Avg | 18.4% | ||
| Low | 13.2% |