Toronto-Dominion Bank (TD) Stock Forecast, Price Target & Predictions


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TD Stock Forecast


Toronto-Dominion Bank stock forecast is as follows: an average price target of $89.52 (represents a 71.33% upside from TD’s last price of $52.25) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.

TD Price Target


The average price target for Toronto-Dominion Bank (TD) is $89.52 based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $91.51 to $87.53. This represents a potential 71.33% upside from TD's last price of $52.25.

TD Analyst Ratings


Buy

According to 23 Wall Street analysts, Toronto-Dominion Bank's rating consensus is 'Buy'. The analyst rating breakdown for TD stock is 0 'Strong Buy' (0.00%), 13 'Buy' (56.52%), 10 'Hold' (43.48%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Toronto-Dominion Bank Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 17, 2022Paul HoldenCIBC$91.51$83.1410.07%75.14%
Nov 22, 2021Ebrahim PoonawalaBank of America Securities$87.53$71.9221.71%67.53%

The latest Toronto-Dominion Bank stock forecast, released on Feb 17, 2022 by Paul Holden from CIBC, set a price target of $91.51, which represents a 10.07% increase from the stock price at the time of the forecast ($83.14), and a 75.14% increase from TD last price ($52.25).

Toronto-Dominion Bank Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$52.25$52.25$52.25
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Toronto-Dominion Bank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Toronto-Dominion Bank's last price of $52.25. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024ScotiabankSector OutperformSector OutperformHold
Oct 11, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 11, 2024RBC CapitalOutperformSector PerformDowngrade
Oct 11, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 20, 2024Bank of America SecuritiesNeutralNeutralHold
Sep 06, 2024CIBCOutperformOutperformHold
Aug 23, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 22, 2024National BankUnderperformSector PerformUpgrade
Jul 02, 2024UBSSellNeutralInitialise
May 24, 2024BMO CapitalMarket PerformMarket PerformHold
May 24, 2024RBC CapitalOutperformOutperformHold
May 23, 2024National BankSector PerformUnderperformDowngrade
May 17, 2024ScotiabankOutperformOutperformHold
May 03, 2024National BankSector PerformSector PerformHold
Apr 17, 2024ScotiabankOutperformUpgrade
Jun 08, 2023Wolfe ResearchPeer PerformOutperformUpgrade
Jun 08, 2023Morgan StanleyEqual-WeightDowngrade
Jun 08, 2023CitigroupBuyUpgrade
Jun 08, 2023Credit SuisseNeutralOutperformUpgrade
Apr 17, 2023CIBCOutperformUpgrade
Mar 03, 2023Dawson JamesBuyInitialise
Mar 03, 2023Compass PointBuyInitialise
Dec 23, 2022Raymond JamesOutperformUpgrade
Dec 12, 2022TD SecuritiesHoldDowngrade
Dec 02, 2022JefferiesHoldInitialise
Dec 02, 2022BTIGBuyInitialise
Dec 02, 2022WedbushOutperformInitialise
Dec 02, 2022UBSNeutralInitialise
Dec 02, 2022Wolfe ResearchPeer PerformDowngrade
Dec 02, 2022RBC CapitalOutperformSector PerformDowngrade
Dec 02, 2022BarclaysOverweightEqual-WeightDowngrade
Dec 02, 2022Canaccord GenuityBuyUpgrade
Dec 02, 2022Alliance Global PartnersBuyInitialise
Dec 02, 2022Chardan CapitalBuyInitialise
Dec 02, 2022B. Riley SecuritiesBuyInitialise
Dec 02, 2022Piper SandlerNeutralInitialise
Dec 02, 2022Credit SuisseNeutralNeutralHold
Dec 02, 2022RBC CapitalOutperformOutperformHold
Dec 02, 2022BarclaysOverweightOverweightHold

Toronto-Dominion Bank's last stock rating was published by Scotiabank on Oct 14, 2024. The company gave TD a "Sector Outperform" rating, the same as its previous rate.

Toronto-Dominion Bank Financial Forecast


Toronto-Dominion Bank Revenue Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
Revenue---------------$13.01B$11.93B$11.50B-$11.17B$10.83B$10.60B-$10.71B$11.03B$11.03B-$10.68B$10.25B$10.41B
Avg Forecast$13.53B$13.22B$13.13B$13.22B$13.01B$12.92B$12.84B$12.99B$12.45B$12.88B$12.43B$12.28B$12.25B$12.12B$12.42B$12.03B$11.29B$10.90B$10.25B$10.46B$9.89B$9.80B$9.93B$9.76B$9.44B$10.41B$10.23B$10.24B$10.16B$10.09B
High Forecast$13.60B$13.29B$13.20B$13.28B$13.08B$12.99B$12.91B$13.05B$12.52B$12.95B$12.49B$12.35B$12.31B$12.18B$12.48B$12.09B$11.73B$11.32B$10.65B$10.87B$10.27B$10.18B$10.32B$10.14B$9.81B$10.81B$10.63B$10.64B$10.56B$10.49B
Low Forecast$13.44B$13.13B$13.05B$13.13B$12.93B$12.84B$12.76B$12.90B$12.37B$12.80B$12.35B$12.20B$12.17B$12.04B$12.34B$11.95B$11.03B$10.65B$10.02B$10.23B$9.66B$9.58B$9.71B$9.54B$9.23B$10.17B$10.00B$10.01B$9.93B$9.87B
# Analysts11111112422111111111111181014879
Surprise %---------------1.08%1.06%1.06%-1.07%1.10%1.08%-1.10%1.17%1.06%-1.04%1.01%1.03%

Toronto-Dominion Bank's average Quarter revenue forecast for May 23 based on 1 analysts is $12.42B, with a low forecast of $12.34B, and a high forecast of $12.48B. TD's average Quarter revenue forecast represents a -4.56% decrease compared to the company's last Quarter revenue of $13.01B (Jan 23).

Toronto-Dominion Bank EBITDA Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts11111112422111111111111181014879
EBITDA---------------$13.28B$15.50B$8.09B-$6.37B$6.34B$6.24B-$6.26B$6.97B$4.78B-$8.23B$8.24B$9.03B
Avg Forecast----------$7.60B---$6.91B$6.62B$5.23B$5.05B$6.28B$4.85B$4.58B$4.54B$4.83B$4.52B$4.37B$4.82B$8.33B$4.74B$4.71B$4.68B
High Forecast----------$9.12B---$8.29B$7.95B$5.43B$5.25B$7.53B$5.04B$4.76B$4.72B$5.80B$4.70B$4.55B$5.01B$10.00B$4.93B$4.89B$4.86B
Low Forecast----------$6.08B---$5.53B$5.30B$5.11B$4.94B$5.02B$4.74B$4.48B$4.44B$3.87B$4.42B$4.28B$4.71B$6.67B$4.64B$4.60B$4.57B
Surprise %---------------2.01%2.96%1.60%-1.31%1.38%1.37%-1.38%1.59%0.99%-1.74%1.75%1.93%

1 analysts predict TD's average Quarter EBITDA for May 23 to be $6.91B, with a high of $8.29B and a low of $5.53B. This is -48.00% lower than Toronto-Dominion Bank's previous annual EBITDA (Jan 23) of $13.28B.

Toronto-Dominion Bank Net Income Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts11111112422111111111111181014879
Net Income---------------$1.58B$6.67B$3.21B-$3.50B$3.78B$3.54B-$3.28B$5.14B$2.25B-$2.99B$2.86B$3.25B
Avg Forecast$3.60B$3.63B$3.42B$3.58B$3.25B$3.46B$3.20B$3.36B$3.16B$3.65B$4.45B$3.38B$3.30B$3.58B$4.05B$3.95B$3.57B$3.57B$3.68B$3.56B$3.42B$3.34B$2.53B$2.60B$2.22B$2.15B$3.02B$2.95B$3.04B$3.16B
High Forecast$3.63B$3.65B$3.44B$3.60B$3.27B$3.48B$3.22B$3.60B$3.23B$3.66B$5.34B$3.38B$3.47B$3.60B$4.86B$4.74B$3.76B$3.76B$4.41B$3.75B$3.59B$3.51B$3.04B$2.73B$2.33B$2.26B$3.63B$3.10B$3.19B$3.32B
Low Forecast$3.57B$3.60B$3.39B$3.55B$3.22B$3.43B$3.17B$3.19B$2.94B$3.65B$3.56B$3.38B$3.13B$3.55B$3.24B$3.16B$3.47B$3.47B$2.94B$3.46B$3.32B$3.24B$2.02B$2.53B$2.15B$2.08B$2.42B$2.87B$2.95B$3.07B
Surprise %---------------0.40%1.87%0.90%-0.98%1.11%1.06%-1.26%2.32%1.05%-1.01%0.94%1.03%

Toronto-Dominion Bank's average Quarter net income forecast for May 23 is $4.05B, with a range of $3.24B to $4.86B. TD's average Quarter net income forecast represents a 155.77% increase compared to the company's last Quarter net income of $1.58B (Jan 23).

Toronto-Dominion Bank SG&A Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts11111112422111111111111181014879
SG&A---------------$4.73B$4.23B$4.16B-$4.03B$3.70B$3.88B-$3.94B$3.73B$4.01B-$4.01B$3.65B$3.76B
Avg Forecast$5.41B$5.29B$5.25B$5.29B$5.21B$5.17B$5.14B$5.20B$4.98B$5.15B$5.15B$4.91B$4.90B$4.85B$4.68B$4.26B$4.13B$3.99B$4.26B$3.83B$3.62B$3.59B$3.24B$3.57B$3.45B$3.81B$4.05B$3.75B$3.72B$3.69B
High Forecast$5.44B$5.32B$5.28B$5.31B$5.23B$5.20B$5.16B$5.22B$5.01B$5.18B$6.18B$4.94B$4.92B$4.87B$5.62B$5.11B$4.29B$4.14B$5.11B$3.98B$3.76B$3.73B$3.89B$3.71B$3.59B$3.96B$4.87B$3.89B$3.86B$3.84B
Low Forecast$5.38B$5.25B$5.22B$5.25B$5.17B$5.14B$5.10B$5.16B$4.95B$5.12B$4.12B$4.88B$4.87B$4.82B$3.75B$3.41B$4.04B$3.90B$3.41B$3.74B$3.54B$3.51B$2.60B$3.49B$3.38B$3.72B$3.24B$3.66B$3.64B$3.61B
Surprise %---------------1.11%1.02%1.04%-1.05%1.02%1.08%-1.10%1.08%1.05%-1.07%0.98%1.02%

Toronto-Dominion Bank's average Quarter SG&A projection for May 23 is $4.68B, based on 1 Wall Street analysts, with a range of $3.75B to $5.62B. The forecast indicates a -1.07% fall compared to TD last annual SG&A of $4.73B (Jan 23).

Toronto-Dominion Bank EPS Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19
# Analysts11111112422111111111111181014879
EPS---------------$0.82$3.70$1.76-$1.92$2.08$1.92-$1.77$2.80$1.21-$1.61$1.54$1.75
Avg Forecast$2.05$2.07$1.95$2.04$1.85$1.97$1.83$1.92$1.80$2.08$1.83$1.93$1.88$2.04$2.09$2.21$2.04$2.04$1.93$2.04$1.96$1.91$1.76$1.49$1.27$1.23$0.94$1.69$1.74$1.81
High Forecast$2.07$2.08$1.96$2.05$1.87$1.99$1.84$2.05$1.84$2.08$1.84$1.93$1.98$2.05$2.18$2.22$2.15$2.15$2.01$2.14$2.05$2.01$1.84$1.56$1.33$1.29$0.99$1.77$1.83$1.90
Low Forecast$2.04$2.05$1.93$2.02$1.84$1.96$1.81$1.82$1.68$2.08$1.83$1.93$1.79$2.02$2.01$2.19$1.99$1.99$1.86$1.98$1.90$1.85$1.70$1.45$1.23$1.19$0.91$1.64$1.69$1.76
Surprise %---------------0.37%1.81%0.86%-0.94%1.06%1.01%-1.19%2.21%0.98%-0.95%0.89%0.97%

According to 1 Wall Street analysts, Toronto-Dominion Bank's projected average Quarter EPS for May 23 is $2.09, with a low estimate of $2.01 and a high estimate of $2.18. This represents a 155.41% increase compared to TD previous annual EPS of $0.82 (Jan 23).

Toronto-Dominion Bank Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TDToronto-Dominion Bank$52.55$89.5270.35%Buy
CMCanadian Imperial Bank of Commerce$65.76$106.6262.14%Buy
RYRoyal Bank of Canada$123.70$193.0056.02%Buy
NUNu$11.70$15.4031.62%Buy
BNSBank of Nova Scotia$54.74$71.0029.70%Hold
BMOBank of Montreal$98.15$120.9523.23%Hold
BACBank of America$45.05$55.0022.09%Buy
CCitigroup$71.12$76.006.86%Buy
WFCWells Fargo & Company$70.81$67.15-5.17%Buy
JPMJPMorgan Chase$238.36$225.42-5.43%Buy

TD Forecast FAQ


Is Toronto-Dominion Bank a good buy?

Yes, according to 23 Wall Street analysts, Toronto-Dominion Bank (TD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 56.52% of TD's total ratings.

What is TD's price target?

Toronto-Dominion Bank (TD) average price target is $89.52 with a range of $87.53 to $91.51, implying a 71.33% from its last price of $52.25. The data is based on 23 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Toronto-Dominion Bank stock go up soon?

According to Wall Street analysts' prediction for TD stock, the company can go up by 71.33% (from the last price of $52.25 to the average price target of $89.52), up by 75.14% based on the highest stock price target, and up by 67.53% based on the lowest stock price target.

Can Toronto-Dominion Bank stock reach $80?

TD's average twelve months analyst stock price target of $89.52 supports the claim that Toronto-Dominion Bank can reach $80 in the near future.

What are Toronto-Dominion Bank's analysts' financial forecasts?

Toronto-Dominion Bank's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $51.77B (high $52.03B, low $51.43B), average EBITDA is $0 (high $0, low $0), average net income is $13.27B (high $13.58B, low $13.02B), average SG&A $20.71B (high $20.81B, low $20.57B), and average EPS is $7.57 (high $7.74, low $7.42). TD's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $53.1B (high $53.37B, low $52.75B), average EBITDA is $0 (high $0, low $0), average net income is $14.23B (high $14.33B, low $14.11B), average SG&A $21.24B (high $21.35B, low $21.1B), and average EPS is $8.12 (high $8.17, low $8.05).

Did the TD's actual financial results beat the analysts' financial forecasts?

Based on Toronto-Dominion Bank's last annual report (Oct 2022), the company's revenue was $45.76B, beating the average analysts forecast of $42.89B by 6.70%. Apple's EBITDA was $36.86B, beating the average prediction of $21.41B by 72.20%. The company's net income was $17.43B, beating the average estimation of $14.39B by 21.11%. Apple's SG&A was $16.29B, beating the average forecast of $16.2B by 0.55%. Lastly, the company's EPS was $9.48, beating the average prediction of $8.06 by 17.58%. In terms of the last quarterly report (Jan 2023), Toronto-Dominion Bank's revenue was $13.01B, beating the average analysts' forecast of $12.03B by 8.12%. The company's EBITDA was $13.28B, beating the average prediction of $6.62B by 100.60%. Toronto-Dominion Bank's net income was $1.58B, missing the average estimation of $3.95B by -59.92%. The company's SG&A was $4.73B, beating the average forecast of $4.26B by 11.17%. Lastly, the company's EPS was $0.82, missing the average prediction of $2.21 by -62.85%