Money Forward, Inc. (TYO:3994)
Japan flag Japan · Delayed Price · Currency is JPY
5,665.00
-35.00 (-0.61%)
Jul 28, 2026, 3:30 PM JST

Money Forward Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Money Forward stock has a consensus rating of "Hold" and an average price target of ¥4,870. The average 1-year stock price forecast is 14.03% lower than the current stock price, while the lowest is ¥3,900 (-31.16%) and the highest is ¥6,700 (+18.27%).

Price Target: ¥4,870 (-14.03%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price¥3,900¥4,870¥4,750¥6,700
Change-31.16%-14.03%-16.15%+18.27%

Analyst Ratings

The average analyst rating for Money Forward stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy222222
Buy000000
Hold777777
Sell000000
Strong Sell000011
Total99991010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Luyuan Yang
Morgan Stanley
No rating
Morgan Stanley
Hold
Maintains
¥4,500
HoldMaintains¥4,500-20.56%Jul 14, 2026
Goldman Sachs
Goldman Sachs
Sell
Initiates
¥3,500
SellInitiates¥3,500-38.22%Jun 30, 2026
Jefferies
Jefferies
Hold
Maintains
¥4,000
HoldMaintains¥4,000-29.39%Mar 31, 2026

Financial Forecast

Revenue This Year
60.97B
from 50.35B
Increased by 21.10%
Revenue Next Year
71.74B
from 60.97B
Increased by 17.66%
EPS This Year
n/a
EPS Next Year
n/a
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingNov 30, 2021Nov 30, 2022Nov 30, 2023Nov 30, 2024Nov 30, 2025Nov 30, 2026
Revenue
15.63B21.48B30.38B40.36B50.35B60.97B
Revenue Growth
38.12%37.39%41.45%32.86%24.74%21.10%
Gross Profit
10.82B13.40B19.08B27.06B34.23B43.24B
Gross Margin
69.20%62.38%62.81%67.04%67.98%70.93%
Operating Income
-1.06B-8.47B-6.33B-4.74B-2.65B645.59M
Net Income
-1.48B-9.45B-6.32B-6.33B1.59B270.12M
Free Cash Flow
-4.32B-4.78B-2.17B-8.19B-1.60B-3.14B
No. Analysts
-----10
Financial currency is JPY.

Revenue Forecast

Revenue202620272028
High63.7B
Avg61.0B
Low56.6B

Revenue Growth

Revenue Growth202620272028
High
26.5%
Avg
21.1%
Low
12.3%

EPS Forecast

EPS202620272028
High-
Avg-
Low-

EPS Growth

EPS Growth20272028
High-
Avg-
Low-