Japan Tobacco Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Japan Tobacco stock has a consensus rating of "Buy" and an average price target of ¥7,178. The average 1-year stock price forecast is 3.82% higher than the current stock price, while the lowest is ¥6,100 (-11.77%) and the highest is ¥8,400 (+21.49%).

Price Target: ¥7,178 (+3.82%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	¥6,100	¥7,178	¥7,200	¥8,400
Change	-11.77%	+3.82%	+4.14%	+21.49%

Analyst Ratings

The average analyst rating for Japan Tobacco 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	3	3	3	3	5	5
Buy	4	4	4	4	4	4
Hold	5	5	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	11	11	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst BTIG No rating	BTIG	Buy Maintains ¥7,060 → ¥7,997	Buy	Maintains	¥7,060 → ¥7,997	+15.66%	Aug 10, 2026
Unknown Analyst Daiwa No rating	Daiwa	Buy Maintains ¥7,300 → ¥8,400	Buy	Maintains	¥7,300 → ¥8,400	+21.49%	Aug 5, 2026
Unknown Analyst UBS No rating	UBS	Buy Maintains ¥7,300 → ¥7,800	Buy	Maintains	¥7,300 → ¥7,800	+12.81%	Aug 3, 2026
Unknown Analyst Goldman Sachs No rating	Goldman Sachs	Buy Reiterates ¥6,900 → ¥7,900	Buy	Reiterates	¥6,900 → ¥7,900	+14.26%	Jul 31, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Buy Maintains ¥7,000	Buy	Maintains	¥7,000	+1.24%	Jul 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.87T

from 3.47T

11.61%

from 3.47T

Revenue Next Year

4.04T

from 3.87T

4.29%

from 3.87T

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.32T	2.66T	2.84T	3.15T	3.47T	3.87T
Revenue Growth	11.10%	14.32%	6.90%	10.87%	10.09%	11.61%
Gross Profit	1.37T	1.57T	1.62T	1.74T	1.95T	2.30T
Gross Margin	58.84%	58.95%	56.85%	55.32%	56.19%	59.35%
Operating Income	486.81B	636.66B	645.13B	301.72B	837.94B	1.02T
Net Income	338.49B	442.72B	482.29B	179.24B	510.18B	648.30B
Dividend / Share	140.00	188.00	194.00	194.00	234.00	268.44
Dividend Growth	-9.09%	34.29%	3.19%	-	20.62%	14.72%
Free Cash Flow	413.03B	292.02B	349.80B	193.84B	167.75M	552.08B
No. Analysts	-	-	-	-	-	13

Financial currency is JPY.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	4.0T
Avg	3.9T
Low	3.6T

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	15.3%
Avg	11.6%
Low	3.9%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-
Avg	-
Low	-

EPS Growth

Chart

EPS Growth	2027	2028
High	-
Avg	-
Low	-