Toronto-Dominion Bank (TD) Stock Forecast, Price Target & Predictions
TD Stock Forecast
Toronto-Dominion Bank stock forecast is as follows: an average price target of $89.52 (represents a 43.92% upside from TD’s last price of $62.20) 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 43.92% upside from TD's last price of $62.20.
TD Analyst Ratings
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%), 15 'Buy' (65.22%), 8 'Hold' (34.78%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Toronto-Dominion Bank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 17, 2022 | Paul Holden | CIBC | $91.51 | $83.14 | 10.07% | 47.12% |
| Nov 22, 2021 | Ebrahim Poonawala | Bank of America Securities | $87.53 | $71.92 | 21.71% | 40.73% |
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 47.12% increase from TD last price ($62.20).
Toronto-Dominion Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $62.20 | $62.20 | $62.20 |
| 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 $62.20. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | CIBC | Outperform | Outperform | Hold |
| Aug 23, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 22, 2024 | National Bank | Underperform | Sector Perform | Upgrade |
| Jul 02, 2024 | UBS | Sell | Neutral | Initialise |
| May 24, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 23, 2024 | National Bank | Sector Perform | Underperform | Downgrade |
| May 17, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 03, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Apr 17, 2024 | Scotiabank | - | Outperform | Upgrade |
Toronto-Dominion Bank's last stock rating was published by CIBC on Sep 06, 2024. The company gave TD a "Outperform" rating, the same as its previous rate.
Toronto-Dominion Bank Financial Forecast
Toronto-Dominion Bank Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.01B | $11.93B | $11.50B | $11.16B | $11.17B | $10.83B | $10.60B | $10.12B | $10.71B | $11.03B | $11.03B | $10.43B | $10.68B | $10.25B | $10.41B |
| Avg Forecast | $14.06B | $14.09B | $13.86B | $14.01B | $13.64B | $13.56B | $13.39B | $13.55B | $13.05B | $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 | $14.27B | $14.30B | $14.06B | $14.21B | $13.84B | $13.76B | $13.59B | $13.75B | $13.25B | $13.07B | $12.61B | $12.47B | $12.43B | $12.30B | $12.60B | $12.21B | $11.45B | $10.90B | $10.45B | $10.60B | $10.02B | $9.93B | $10.07B | $9.89B | $9.57B | $10.55B | $10.37B | $10.38B | $10.30B | $10.23B |
| Low Forecast | $13.85B | $13.88B | $13.65B | $13.80B | $13.43B | $13.36B | $13.19B | $13.35B | $12.86B | $12.69B | $12.24B | $12.10B | $12.07B | $11.94B | $12.23B | $11.85B | $11.12B | $10.90B | $10.04B | $10.32B | $9.75B | $9.67B | $9.80B | $9.63B | $9.31B | $10.27B | $10.09B | $10.10B | $10.02B | $9.96B |
| # Analysts | - | - | - | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.06% | 1.06% | 1.09% | 1.07% | 1.10% | 1.08% | 1.02% | 1.10% | 1.17% | 1.06% | 1.02% | 1.04% | 1.01% | 1.03% |
Toronto-Dominion Bank's average Quarter revenue forecast for May 23 based on 0 analysts is $12.42B, with a low forecast of $12.23B, and a high forecast of $12.60B. 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 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.28B | $15.50B | $8.09B | $6.90B | $6.37B | $6.34B | $6.24B | $6.59B | $6.26B | $6.97B | $4.78B | $5.24B | $8.23B | $8.24B | $9.03B |
| Avg Forecast | $6.52B | $6.53B | $6.42B | $6.49B | $6.32B | $6.28B | $6.21B | $6.28B | $6.05B | $5.97B | $7.60B | $5.69B | $5.68B | $5.62B | $6.91B | $5.58B | $7.69B | $5.05B | $4.75B | $6.02B | $6.08B | $5.59B | $4.83B | $5.16B | $4.54B | $5.58B | $8.33B | $8.91B | $9.13B | $8.38B |
| High Forecast | $6.61B | $6.62B | $6.52B | $6.59B | $6.41B | $6.38B | $6.30B | $6.37B | $6.14B | $6.06B | $9.12B | $5.78B | $5.76B | $5.70B | $8.29B | $5.66B | $9.23B | $5.05B | $4.84B | $7.22B | $7.29B | $6.70B | $5.80B | $6.19B | $5.45B | $6.70B | $10.00B | $10.69B | $10.95B | $10.06B |
| Low Forecast | $6.42B | $6.43B | $6.33B | $6.39B | $6.23B | $6.19B | $6.11B | $6.19B | $5.96B | $5.88B | $6.08B | $5.61B | $5.59B | $5.53B | $5.53B | $5.49B | $6.15B | $5.05B | $4.65B | $4.82B | $4.86B | $4.47B | $3.87B | $4.13B | $3.63B | $4.47B | $6.67B | $7.13B | $7.30B | $6.71B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.38% | 2.02% | 1.60% | 1.45% | 1.06% | 1.04% | 1.12% | 1.36% | 1.21% | 1.54% | 0.86% | 0.63% | 0.92% | 0.90% | 1.08% |
0 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 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.58B | $6.67B | $3.21B | $3.81B | $3.50B | $3.78B | $3.54B | $3.69B | $3.28B | $5.14B | $2.25B | $1.51B | $2.99B | $2.86B | $3.25B |
| Avg Forecast | $4.23B | $4.04B | $3.80B | $3.92B | $3.74B | $3.80B | $3.52B | $3.68B | $3.35B | $3.64B | $4.45B | $3.37B | $3.29B | $3.57B | $4.05B | $3.86B | $4.37B | $3.61B | $3.44B | $3.59B | $3.45B | $3.13B | $2.53B | $3.81B | $2.13B | $1.61B | $3.02B | $3.09B | $3.28B | $3.06B |
| High Forecast | $4.31B | $4.12B | $3.88B | $4.00B | $3.81B | $3.88B | $3.59B | $3.97B | $3.47B | $3.71B | $5.34B | $3.43B | $3.46B | $3.64B | $4.86B | $3.93B | $5.24B | $3.61B | $3.53B | $4.31B | $4.14B | $3.76B | $3.04B | $4.57B | $2.56B | $1.94B | $3.63B | $3.70B | $3.94B | $3.67B |
| Low Forecast | $4.15B | $3.96B | $3.73B | $3.85B | $3.66B | $3.73B | $3.45B | $3.56B | $3.20B | $3.57B | $3.56B | $3.30B | $3.12B | $3.50B | $3.24B | $3.78B | $3.50B | $3.61B | $3.35B | $2.87B | $2.76B | $2.51B | $2.02B | $3.05B | $1.71B | $1.29B | $2.42B | $2.47B | $2.63B | $2.45B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 1.53% | 0.89% | 1.11% | 0.98% | 1.09% | 1.13% | 1.46% | 0.86% | 2.41% | 1.39% | 0.50% | 0.97% | 0.87% | 1.06% |
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 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.73B | $4.23B | $4.16B | $3.87B | $4.03B | $3.70B | $3.88B | $3.57B | $3.94B | $3.73B | $4.01B | $3.77B | $4.01B | $3.65B | $3.76B |
| Avg Forecast | $5.15B | $5.16B | $5.07B | $5.13B | $4.99B | $4.96B | $4.90B | $4.96B | $4.78B | $4.71B | $5.15B | $4.50B | $4.48B | $4.44B | $4.68B | $4.40B | $5.14B | $3.99B | $3.75B | $3.87B | $4.06B | $3.02B | $3.24B | $2.76B | $3.80B | $4.02B | $4.05B | $4.14B | $3.80B | $3.54B |
| High Forecast | $5.22B | $5.23B | $5.15B | $5.20B | $5.06B | $5.04B | $4.97B | $5.03B | $4.85B | $4.78B | $6.18B | $4.56B | $4.55B | $4.50B | $5.62B | $4.47B | $6.16B | $3.99B | $3.82B | $4.65B | $4.87B | $3.63B | $3.89B | $3.32B | $4.57B | $4.82B | $4.87B | $4.97B | $4.56B | $4.25B |
| Low Forecast | $5.07B | $5.08B | $5.00B | $5.05B | $4.92B | $4.89B | $4.83B | $4.89B | $4.71B | $4.64B | $4.12B | $4.43B | $4.42B | $4.37B | $3.75B | $4.34B | $4.11B | $3.99B | $3.68B | $3.10B | $3.25B | $2.42B | $2.60B | $2.21B | $3.04B | $3.21B | $3.24B | $3.31B | $3.04B | $2.83B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.82% | 1.04% | 1.03% | 1.04% | 0.91% | 1.28% | 1.10% | 1.42% | 0.98% | 1.00% | 0.93% | 0.97% | 0.96% | 1.06% |
Toronto-Dominion Bank's average Quarter SG&A projection for May 23 is $4.68B, based on 0 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 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $3.70 | $1.76 | $2.08 | $1.92 | $2.08 | $1.92 | $2.00 | $1.77 | $2.80 | $1.21 | $0.80 | $1.61 | $1.54 | $1.75 |
| Avg Forecast | $2.42 | $2.31 | $2.18 | $2.24 | $2.14 | $2.18 | $2.02 | $2.11 | $1.91 | $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 | $2.47 | $2.36 | $2.22 | $2.29 | $2.18 | $2.22 | $2.05 | $2.27 | $1.98 | $2.12 | $1.87 | $1.96 | $1.98 | $2.08 | $2.13 | $2.25 | $2.08 | $2.04 | $1.98 | $2.08 | $1.99 | $1.94 | $1.79 | $1.52 | $1.29 | $1.25 | $0.96 | $1.72 | $1.77 | $1.84 |
| Low Forecast | $2.38 | $2.27 | $2.13 | $2.20 | $2.10 | $2.13 | $1.98 | $2.04 | $1.83 | $2.04 | $1.80 | $1.89 | $1.79 | $2.00 | $2.05 | $2.16 | $2.01 | $2.04 | $1.88 | $2.00 | $1.92 | $1.88 | $1.72 | $1.46 | $1.25 | $1.21 | $0.92 | $1.66 | $1.71 | $1.78 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 1.81% | 0.86% | 1.08% | 0.94% | 1.06% | 1.01% | 1.14% | 1.19% | 2.21% | 0.98% | 0.85% | 0.95% | 0.89% | 0.97% |
According to 0 Wall Street analysts, Toronto-Dominion Bank's projected average Quarter EPS for May 23 is $2.09, with a low estimate of $2.05 and a high estimate of $2.13. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CM | Canadian Imperial Bank of Commerce | $61.45 | $106.62 | 73.51% | Buy |
| TD | Toronto-Dominion Bank | $62.20 | $89.52 | 43.92% | Buy |
| BMO | Bank of Montreal | $85.56 | $120.95 | 41.36% | Hold |
| BNS | Bank of Nova Scotia | $52.04 | $71.53 | 37.45% | Hold |
| BAC | Bank of America | $38.65 | $48.25 | 24.84% | Buy |
| C | Citigroup | $57.67 | $69.92 | 21.24% | Buy |
| WFC | Wells Fargo & Company | $52.78 | $58.89 | 11.58% | Buy |
| JPM | JPMorgan Chase | $204.32 | $199.22 | -2.50% | Buy |
| RY | Royal Bank of Canada | $123.59 | $107.81 | -12.77% | Buy |
| NU | Nu | $14.74 | $12.69 | -13.91% | 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 15 'Buy' recommendations, accounting for 65.22% 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 43.92% from its last price of $62.2. 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 43.92% (from the last price of $62.2 to the average price target of $89.52), up by 47.12% based on the highest stock price target, and up by 40.73% based on the lowest stock price target.
Can Toronto-Dominion Bank stock reach $90?
TD's highest twelve months analyst stock price target of $91.51 supports the claim that Toronto-Dominion Bank can reach $90 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 $54.14B (high $54.95B, low $53.34B), average EBITDA is $25.09B (high $25.46B, low $24.72B), average net income is $14.74B (high $15.25B, low $14.41B), average SG&A $19.81B (high $20.11B, low $19.52B), and average EPS is $8.43 (high $8.72, low $8.24). TD's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $56.01B (high $56.84B, low $55.18B), average EBITDA is $25.95B (high $26.34B, low $25.57B), average net income is $16B (high $16.3B, low $15.69B), average SG&A $20.5B (high $20.8B, low $20.19B), and average EPS is $9.15 (high $9.33, low $8.98).
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 $23.51B by 56.82%. The company's net income was $17.43B, beating the average estimation of $15B by 16.17%. Apple's SG&A was $16.29B, missing the average forecast of $16.75B by -2.70%. 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 $5.58B by 138.22%. Toronto-Dominion Bank's net income was $1.58B, missing the average estimation of $3.86B by -59.00%. The company's SG&A was $4.73B, beating the average forecast of $4.4B by 7.50%. Lastly, the company's EPS was $0.82, missing the average prediction of $2.21 by -62.85%