The Toronto-Dominion Bank (TD)

The Toronto-Dominion Bank Stock Forecast

Stock Price Forecast

The 2 analysts that cover The Toronto-Dominion Bank stock have a consensus rating of "Buy" and an average price target of $91.5, which forecasts a 22.77% increase in the stock price over the next year. The lowest target is $90 and the highest is $93.

Price Target: $91.5 (+22.77%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$91.5	$93	$93
Change	+20.76%	+22.77%	+24.78%	+24.78%

* Price targets were last updated on May 23, 2025.

Analyst Ratings

The average analyst rating for The Toronto-Dominion Bank stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $87 → $93	Hold	Maintains	$87 → $93	+24.78%	May 23, 2025
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $86 → $87	Hold	Maintains	$86 → $87	+16.73%	Feb 28, 2025
Sohrab Movahedi BMO Capital	BMO Capital	Hold → Buy Upgrades $90	Hold → Buy	Upgrades	$90	+20.76%	Dec 18, 2024
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $82 → $77	Hold	Maintains	$82 → $77	+3.31%	Dec 6, 2024
Darko Mihelic RBC Capital	RBC Capital	Buy → Hold Downgrades $88 → $82	Buy → Hold	Downgrades	$88 → $82	+10.02%	Oct 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

59.02B

Increased by 10.85%

from 53.24B

Revenue Next Year

61.30B

Increased by 3.86%

from 59.02B

EPS This Year

8.26

Increased by 75.01%

from 4.72

EPS Next Year

8.90

Increased by 7.78%

from 8.26

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026
Revenue	36.40B	42.92B	47.74B	49.40B	53.24B	59.02B	61.30B
Revenue Growth	-4.29%	17.89%	11.24%	3.47%	7.78%	10.85%	3.86%
EPS	6.43	7.72	9.47	5.52	4.72	8.26	8.90
EPS Growth	2.88%	20.06%	22.67%	-41.71%	-14.49%	75.01%	7.78%
Forward PE	-	-	-	-	-	12.44	11.54
No. Analysts	-	-	-	-	-	17	17

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	64.1B	67.7B
Avg	59.0B	61.3B
Low	53.5B	54.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	20.3%	14.8%
Avg	10.9%	3.9%
Low	0.5%	-7.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.65	9.35
Avg	8.26	8.90
Low	7.60	8.08

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	83.3%	13.1%
Avg	75.0%	7.8%
Low	60.9%	-2.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.