Obayashi Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Obayashi stock has a consensus rating of "Buy" and an average price target of ¥3,838. The average 1-year stock price forecast is 27.15% higher than the current stock price, while the lowest is ¥3,000 (-0.60%) and the highest is ¥4,700 (+55.73%).

Price Target: ¥3,838 (+27.15%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	¥3,000	¥3,838	¥3,800	¥4,700
Change	-0.60%	+27.15%	+25.91%	+55.73%

Analyst Ratings

The average analyst rating for Obayashi stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	4	4	4	4	4	4
Buy	3	3	3	3	3	3
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Nomura No rating	Nomura	Hold Maintains ¥3,300	Hold	Maintains	¥3,300	+9.34%	Sep 3, 2026
Unknown Analyst Tokai-Tokyo Securities No rating	Tokai-Tokyo Securities	Buy Maintains ¥3,700 → ¥3,600	Buy	Maintains	¥3,700 → ¥3,600	+19.28%	Aug 26, 2026
Unknown Analyst Bank of America Securities No rating	Bank of America Securities	Buy Maintains ¥4,100	Buy	Maintains	¥4,100	+35.85%	Aug 26, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Buy Maintains ¥4,900 → ¥4,700	Buy	Maintains	¥4,900 → ¥4,700	+55.73%	Jun 16, 2026
Unknown Analyst SMBC Nikko No rating	SMBC Nikko	Buy Maintains ¥4,000	Buy	Maintains	¥4,000	+32.54%	Jun 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.95T

from 2.59T

14.07%

from 2.59T

Revenue Next Year

3.02T

from 2.95T

2.25%

from 2.95T

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	1.92T	1.98T	2.33T	2.62T	2.59T	2.95T
Revenue Growth	8.83%	3.17%	17.20%	12.69%	-1.29%	14.07%
Gross Profit	154.34B	216.57B	219.60B	297.83B	364.69B	391.63B
Gross Margin	8.03%	10.92%	9.44%	11.37%	14.10%	13.28%
Operating Income	41.05B	93.80B	79.38B	143.44B	194.68B	188.54B
Net Income	39.13B	77.67B	75.06B	146.05B	173.76B	162.73B
Dividend / Share	32.00	42.00	75.00	81.00	88.00	94.88
Dividend Growth	-	31.25%	78.57%	8.00%	8.64%	7.81%
Free Cash Flow	-9.68B	107.88B	-50.73B	5.78B	93.71B	165.60B
No. Analysts	-	-	-	-	-	7

Financial currency is JPY.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	3.0T
Avg	3.0T
Low	2.9T

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	14.8%
Avg	14.1%
Low	13.5%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

Chart

EPS Growth	2028	2029
High	-
Avg	-
Low	-