Money Forward, Inc. (TYO:3994)
Japan flag Japan · Delayed Price · Currency is JPY
6,119.00
+356.00 (6.18%)
Sep 28, 2026, 10:13 AM 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 ¥5,730. The average 1-year stock price forecast is 6.36% lower than the current stock price, while the lowest is ¥4,300 (-29.73%) and the highest is ¥8,400 (+37.28%).

Price Target: ¥5,730 (-6.36%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price¥4,300¥5,730¥5,550¥8,400
Change-29.73%-6.36%-9.30%+37.28%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy222223
Buy000000
Hold777776
Sell000000
Strong Sell001111
Total9910101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
No rating
Morgan Stanley
Hold
Maintains
¥4,500 → ¥6,200
HoldMaintains¥4,500 → ¥6,200+1.32%Sep 11, 2026
Jefferies
Jefferies
Buy
Upgrades
¥8,400
BuyUpgrades¥8,400+37.28%Sep 4, 2026
Goldman Sachs
Goldman Sachs
Sell
Initiates
¥3,500
SellInitiates¥3,500-42.80%Jun 30, 2026

Financial Forecast

Revenue This Year
62.13B
from 50.35B
Increased by 23.41%
Revenue Next Year
73.23B
from 62.13B
Increased by 17.86%
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
15.63B21.48B30.38B40.36B50.35B62.13B
Revenue Growth
38.12%37.39%41.45%32.86%24.74%23.41%
Gross Profit
10.82B13.40B19.08B27.06B34.23B43.97B
Gross Margin
69.20%62.38%62.81%67.04%67.98%70.76%
Operating Income
-1.06B-8.47B-6.33B-4.74B-2.65B1.05B
Net Income
-1.48B-9.45B-6.32B-6.33B1.59B-4.45M
Free Cash Flow
-----7.60B1.35B
No. Analysts
-----10
Financial currency is JPY.

Revenue Forecast

Revenue202620272028
High63.7B
Avg62.1B
Low60.3B

Revenue Growth

Revenue Growth202620272028
High
26.5%
Avg
23.4%
Low
19.8%

EPS Forecast

EPS202620272028
High-
Avg-
Low-

EPS Growth

EPS Growth20272028
High-
Avg-
Low-