TORONTO-DOMINION BANK (TD) Forecast, Price Target & Analyst Ratings

NYSE:TD • CA8911605092

Current stock price

99.3 USD
+2.31 (+2.38%)
At close:
99.35 USD
+0.05 (+0.05%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TORONTO-DOMINION BANK (TD).

Forecast Snapshot

Consensus Price Target

Price Target
$101.29
+ 2.00% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 28, 2026
Period
Q2 / 2026
EPS Estimate
CA$2.30
Revenue Estimate
15.005B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.52%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$101.29
Upside
+ 2.00%
From current price of $99.30 to mean target of $101.29, Based on 23 analyst forecasts
Low
$94.35
Median
$101.24
High
$112.64

Price Target Revisions

1 Month
0.00%
3 Months
6.32%

Price Target Summary

23 Wall Street analysts provided a forecast for the next 12 months for TD. The average price target is 101.29 USD. This implies a price increase of 2% is expected in the next year compared to the current price of 99.3.
The average price target has been revised upward by 6.32% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TD Current Analyst RatingTD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

TD Historical Analyst RatingsTD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
76.52%
TD was analyzed by 23 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about TD.
In the previous month the buy percentage consensus was at a similar level.
TD was analyzed by 23 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-10-03RBC CapitalUpgrade Sector Perform -> Outperform
2025-05-23RBC CapitalMaintains Sector Perform -> Sector Perform
2024-12-06RBC CapitalMaintains Sector Perform -> Sector Perform
2024-05-24BMO CapitalMaintains Market Perform -> Market Perform
2023-12-18B of A SecuritiesDowngrade Buy -> Neutral
2023-08-25RBC CapitalMaintains Outperform -> Outperform
2023-08-25BarclaysMaintains Equal-Weight -> Equal-Weight
2023-08-25Credit SuisseMaintains Outperform -> Outperform
2023-08-21BarclaysMaintains Equal-Weight -> Equal-Weight
2023-05-26BMO CapitalMaintains Market Perform -> Market Perform
2023-05-26Credit SuisseMaintains Neutral
2022-03-07National Bank Of CanadaDowngrade Outperform -> Sector Perform
2022-03-04RBC CapitalMaintains Sector Perform
2021-12-03BMO CapitalMaintains Market Perform
2021-11-22B of A SecuritiesUpgrade Underperform -> Buy
2021-08-13BarclaysUpgrade
2021-06-23CIBC World MarketsDowngrade Outperform
2021-06-15National Bank FinancialUpgrade Sector Perform
2021-06-07Credit SuisseUpgrade Buy
2021-05-31Cormark SecuritiesUpgrade Buy
2021-05-28National Bank FinancialUpgrade Sector Perform
2021-05-28RBC CapitalUpgrade Sector Perform
2021-05-28BMO Capital MarketsUpgrade Market Perform
2021-05-28Canaccord GenuityDowngrade Buy
2021-05-28Credit SuisseUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 28, 2026
Period
Q2 / 2026
EPS Estimate
CA$2.30
Revenue Estimate
15.005B
Revenue Q2Q
7.47%
EPS Q2Q
16.64%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
0.77%
Revenue (3 Months)
0.73%
EPS (1 Month)
2.74%
EPS (3 Months)
3.47%

Next Earnings Summary

TD is expected to report earnings on 5/28/2026. The consensus EPS estimate for the next earnings is 2.3 USD and the consensus revenue estimate is 15.01B USD.
The next earnings revenue estimate has been revised upward by 0.73% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2031

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
TD revenue by date.TD revenue by date.
50.69B
3.38%		57.223B
12.89%		67.777B
18.44%		61.113B
-9.83%		63.849B
4.48%		65.89B
3.20%		69.387B
5.31%		N/AN/A
EBITDA
YoY % growth
TD ebitda by date.TD ebitda by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
TD ebit by date.TD ebit by date.
N/A
3.59%		N/A
8.82%		N/A
7.68%		25.785B
8.68%		27.226B
5.59%		25.879B
-4.95%		25.242B
-2.46%		25.981B
2.93%		N/A
Operating Margin
TD operating margin by date.TD operating margin by date.
N/AN/AN/A42.19%42.64%39.28%36.38%N/AN/A
EPS
YoY % growth
TD eps by date.TD eps by date.
7.99
-4.54%		7.81
-2.25%		8.37
7.17%		9.68
15.60%		10.72
10.75%		11.72
9.35%		10.08
-13.99%		10.54
4.60%		13.20
25.26%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28
EPS
Q2Q % growth		2.30
16.64%		2.49
13.31%		2.44
12.15%		2.67
9.61%		2.55
11.09%		2.80
12.39%		2.72
11.29%		2.82
5.52%
Revenue
Q2Q % growth		15.005B
7.47%		15.42B
0.80%		15.47B
7.24%		15.806B
5.32%		15.417B
2.75%		15.488B
0.44%		15.921B
2.92%		N/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		5.992B
6.24%		6.157B
2.84%		6.15B
5.62%		7.076B
18.15%		6.541B
9.16%		6.783B
10.17%		6.996B
13.76%		N/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TD Yearly Revenue VS EstimatesTD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B
TD Yearly EPS VS EstimatesTD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
11.87%
EPS Next 5 Year
4.72%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.00%
Revenue Next 5 Year
5.07%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TORONTO-DOMINION BANK / TD Forecast FAQ

What is the average price target for TORONTO-DOMINION BANK (TD) stock?

23 analysts have analysed TD and the average price target is 101.29 USD. This implies a price increase of 2% is expected in the next year compared to the current price of 99.3.

When does TORONTO-DOMINION BANK (TD) report earnings?

TORONTO-DOMINION BANK (TD) will report earnings on 2026-05-28, before the market open.

What are the consensus estimates for TORONTO-DOMINION BANK (TD) next earnings?

The consensus EPS estimate for the next earnings of TORONTO-DOMINION BANK (TD) is 2.3 USD and the consensus revenue estimate is 15.01B USD.

Can you provide the analyst count for TORONTO-DOMINION BANK stock?

The number of analysts covering TORONTO-DOMINION BANK (TD) is 23.