The Toronto-Dominion Bank (TD)
NYSE: TD · Real-Time Price · USD
55.03
+0.04 (0.07%)
Nov 4, 2024, 4:00 PM EST - Market closed

The Toronto-Dominion Bank Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TD stock has a target of 84, which predicts an increase of 52.64% from the current stock price of 55.03.

Analyst Consensus: Hold
Target Low Average Median High
Price $84 $84 $84 $84
Change +52.64% +52.64% +52.64% +52.64%
* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for TD stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 000000
Buy 222220
Hold 444442
Sell 000000
Strong Sell 000000
Total 666662

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Maintains
$86$84
Hold Maintains $86$84 +52.64% May 24, 2024
B of A Securities
B of A Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Dec 18, 2023
Credit Suisse
Credit Suisse
Buy
Maintains
$93$92
Buy Maintains $93$92 +67.18% Aug 25, 2023
RBC Capital
RBC Capital
Buy
Maintains
$96$94
Buy Maintains $96$94 +70.82% Aug 25, 2023
Barclays
Barclays
Hold
Maintains
$84$82
Hold Maintains $84$82 +49.01% Aug 25, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
54.13B
Revenue Next Year
55.78B
from 54.13B
Increased by 3.05%
EPS This Year
8.19
from 5.60
Increased by 46.20%
EPS Next Year
8.32
from 8.19
Increased by 1.63%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Oct 31, 2019 Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026
Revenue
-----54.13B55.78B58.52B
Revenue Growth
4.46%-4.29%17.89%11.24%3.06%-3.05%4.90%
EPS
6.256.437.729.475.608.198.328.95
EPS Growth
3.99%2.88%20.06%22.67%-40.87%46.20%1.63%7.51%
Forward PE
-----9.349.198.55
No. Analysts -----202012
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 59.0B 62.8B 68.3B
Avg 54.1B 55.8B 58.5B
Low 48.8B 51.0B 52.7B

Revenue Growth

Revenue Growth 20242025202620272028
High -
16.0%
22.5%
Avg -
3.0%
4.9%
Low -
-5.8%
-5.6%

EPS Forecast

EPS 202420252026
High 8.43 8.88 10.09
Avg 8.19 8.32 8.95
Low 7.68 6.50 6.86

EPS Growth

EPS Growth 202420252026
High
50.6%
8.5%
21.2%
Avg
46.2%
1.6%
7.5%
Low
37.2%
-20.6%
-17.6%
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.