Toray Industries Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Toray Industries stock has a consensus rating of "Buy" and an average price target of ¥1,405. The average 1-year stock price forecast is 13.54% higher than the current stock price, while the lowest is ¥970 (-21.58%) and the highest is ¥1,700 (+37.43%).

Price Target: ¥1,405 (+13.54%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	¥970	¥1,405	¥1,430	¥1,700
Change	-21.58%	+13.54%	+15.60%	+37.43%

Analyst Ratings

The average analyst rating for Toray Industries 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	5	5	5
Buy	3	3	3	4	4	4
Hold	3	3	3	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	11	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Takato Watabe Morgan Stanley	Morgan Stanley	Buy Reiterates ¥1,600 → ¥1,700	Buy	Reiterates	¥1,600 → ¥1,700	+37.43%	Sep 10, 2026
Unknown Analyst Nomura No rating	Nomura	Hold Maintains ¥1,170 → ¥1,180	Hold	Maintains	¥1,170 → ¥1,180	-4.61%	Sep 1, 2026
Unknown Analyst SBI Securities No rating	SBI Securities	Hold Maintains ¥1,420	Hold	Maintains	¥1,420	+14.79%	Sep 1, 2026
Unknown Analyst SMBC Nikko No rating	SMBC Nikko	Buy Maintains ¥1,300 → ¥1,700	Buy	Maintains	¥1,300 → ¥1,700	+37.43%	Aug 18, 2026
Unknown Analyst Goldman Sachs No rating	Goldman Sachs	Buy Maintains ¥1,590	Buy	Maintains	¥1,590	+28.54%	Aug 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.78T

from 2.59T

7.61%

from 2.59T

Revenue Next Year

2.88T

from 2.78T

3.36%

from 2.78T

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	2.23T	2.49T	2.46T	2.56T	2.59T	2.78T
Revenue Growth	18.31%	11.70%	-0.99%	4.00%	0.85%	7.61%
Gross Profit	435.97B	420.84B	443.52B	505.90B	520.05B	557.03B
Gross Margin	19.56%	16.91%	18.00%	19.74%	20.12%	20.02%
Operating Income	132.06B	92.62B	100.81B	140.81B	141.91B	154.87B
Net Income	84.24B	72.82B	21.90B	77.91B	79.52B	98.93B
Dividend / Share	16.00	18.00	18.00	18.00	20.00	26.11
Dividend Growth	77.78%	12.50%	-	-	11.11%	30.56%
Free Cash Flow	-35.61B	5.11B	1.76B	93.78B	9.84B	38.20B
No. Analysts	-	-	-	-	-	11

Financial currency is JPY.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	2.9T
Avg	2.8T
Low	2.7T

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	10.8%
Avg	7.6%
Low	4.5%

EPS Forecast

Chart

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

Chart

EPS Growth	2028	2029
High	-
Avg	-
Low	-