Harmonic Drive Systems Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Harmonic Drive Systems stock has a consensus rating of "Buy" and an average price target of ¥6,383. The average 1-year stock price forecast is 10.10% lower than the current stock price, while the lowest is ¥2,900 (-59.15%) and the highest is ¥10,000 (+40.85%).

Price Target: ¥6,383 (-10.10%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥2,900	¥6,383	¥6,100	¥10,000
Change	-59.15%	-10.10%	-14.08%	+40.85%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	7	8	7	7	7	8
Buy	0	0	0	0	0	0
Hold	3	1	2	2	2	2
Sell	0	1	1	1	0	0
Strong Sell	1	1	1	1	2	1
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sho Fukuhara Jefferies	Jefferies	Buy Upgrades ¥10,000	Buy	Upgrades	¥10,000	+40.85%	Jun 22, 2026
Unknown Analyst Tokai-Tokyo Securities No rating	Tokai-Tokyo Securities	Hold Maintains ¥4,170 → ¥7,810	Hold	Maintains	¥4,170 → ¥7,810	+10.00%	Jun 1, 2026
Yuichiro Isayama Goldman Sachs	Goldman Sachs	Buy Reiterates ¥10,000	Buy	Reiterates	¥10,000	+40.85%	May 14, 2026
Jay Huang Bernstein	Bernstein	Buy Reiterates ¥3,940 → ¥4,800	Buy	Reiterates	¥3,940 → ¥4,800	-32.39%	Apr 10, 2026
Unknown Analyst Okasan Securities No rating	Okasan Securities	Buy Maintains ¥5,000	Buy	Maintains	¥5,000	-29.58%	Mar 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

70.69B

from 59.56B

18.70%

from 59.56B

Revenue Next Year

81.88B

from 70.69B

15.83%

from 70.69B

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	57.09B	71.53B	55.80B	55.65B	59.56B	70.69B
Revenue Growth	54.15%	25.30%	-21.99%	-0.27%	7.03%	18.70%
Gross Profit	22.43B	25.79B	15.61B	14.85B	18.13B	22.53B
Gross Margin	39.28%	36.05%	27.97%	26.69%	30.44%	31.87%
Operating Income	8.74B	10.23B	125.00M	7.00M	2.57B	7.87B
Net Income	6.64B	7.60B	-24.81B	3.47B	1.61B	5.76B
Dividend / Share	21.00	28.00	20.00	20.00	-	23.33
Free Cash Flow	4.67B	691.88M	6.36B	2.22B	486.50M	7.48B
No. Analysts	-	-	-	-	-	8

Financial currency is JPY.

Revenue Forecast

Revenue	2027	2028	2029
High	74.0B
Avg	70.7B
Low	68.7B

Revenue Growth

Revenue Growth	2027	2028	2029
High	24.3%
Avg	18.7%
Low	15.4%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2028	2029
High	-
Avg	-
Low	-