The Toronto-Dominion Bank Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for The Toronto-Dominion Bank stock have an average target of 83.5, with a low estimate of 77 and a high estimate of 90. The average target predicts an increase of 39.56% from the current stock price of 59.83.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$77	$83.5	$90	$90
Change	+28.70%	+39.56%	+50.43%	+50.43%

* Price targets were last updated on Dec 18, 2024.

Analyst Ratings

The average analyst rating for The Toronto-Dominion Bank stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	1	1	1
Hold	4	4	4	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sohrab Movahedi BMO Capital	BMO Capital	Hold → Buy Upgrades $90	Hold → Buy	Upgrades	$90	+50.43%	Dec 18, 2024
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $82 → $77	Hold	Maintains	$82 → $77	+28.70%	Dec 6, 2024
Sohrab Movahedi BMO Capital	BMO Capital	Hold Maintains $86 → $84	Hold	Maintains	$86 → $84	+40.40%	May 24, 2024
Ebrahim Poonawala B of A Securities	B of A Securities	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Dec 18, 2023
Han Joon Kim Credit Suisse	Credit Suisse	Buy Maintains $93 → $92	Buy	Maintains	$93 → $92	+53.77%	Aug 25, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

55.77B

Revenue Next Year

58.39B

from 55.77B

4.69%

from 55.77B

EPS This Year

8.07

from 4.72

71.00%

from 4.72

EPS Next Year

8.66

from 8.07

7.36%

from 8.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	-	-	-	-	-	55.77B	58.39B	56.44B
Revenue Growth	-4.29%	17.89%	11.24%	3.47%	7.78%	-	4.69%	-3.35%
EPS	6.43	7.72	9.47	5.52	4.72	8.07	8.66	8.45
EPS Growth	2.88%	20.06%	22.67%	-41.71%	-14.49%	71.00%	7.36%	-2.53%
Forward PE	-	-	-	-	-	10.55	9.83	10.08
No. Analysts	-	-	-	-	-	19	19	5

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

Revenue Forecast

Revenue	2025	2026	2027
High	63.2B	68.4B	57.5B
Avg	55.8B	58.4B	56.4B
Low	51.6B	53.4B	53.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	22.6%	-1.5%
Avg	-	4.7%	-3.3%
Low	-	-4.3%	-8.0%

EPS Forecast

EPS	2025	2026	2027
High	8.37	9.17	8.61
Avg	8.07	8.66	8.45
Low	7.50	7.74	8.04

EPS Growth

EPS Growth	2025	2026	2027
High	77.3%	13.6%	-0.6%
Avg	71.0%	7.4%	-2.5%
Low	58.8%	-4.1%	-7.3%

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.