Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 239.00
-1.96 (-0.81%)
Jun 19, 2026, 4:00 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 $227.56. The average 1-year stock price forecast is 4.79% lower than the current stock price, while the lowest is $190.00 (-20.50%) and the highest is $242.00 (+1.26%).
Price Target: $227.56 (-4.79%)
Analyst Consensus: Buy
* Price targets were last updated on May 4, 2026.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| 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 |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $228.00 → $240.00 | Buy | Maintains | $228.00 → $240.00 | +0.42% | May 4, 2026 |
| National Bank | National Bank | Buy Maintains $214.00 → $216.00 | Buy | Maintains | $214.00 → $216.00 | -9.62% | Apr 30, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Hold Maintains $180.00 → $190.00 | Hold | Maintains | $180.00 → $190.00 | -20.50% | Apr 30, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $208.00 → $229.00 | Hold | Maintains | $208.00 → $229.00 | -4.18% | Apr 30, 2026 |
| CIBC | CIBC | Hold Maintains $200.00 → $215.00 | Hold | Maintains | $200.00 → $215.00 | -10.04% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
5.74B
from 5.20B
Increased by 10.39%
Revenue Next Year
6.12B
from 5.74B
Increased by 6.48%
EPS This Year
7.12
from 6.07
Increased by 17.28%
EPS Next Year
8.27
from 7.12
Increased by 16.18%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.3B | ||
| Avg | 5.7B | ||
| Low | 5.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.6% | ||
| Avg | 10.4% | ||
| Low | 6.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 7.12 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 17.3% | ||
| Low | - |