TD

Toronto-Dominion Bank

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Advanced Chart

73.250

+0.37(0.508%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

73.410

Open

73.100

VWAP

73.22

Vol

960.13K

Mkt Cap

125.64B

Low

73.000

Amount

70.30M

EV/EBITDA(TTM)

27.71

Total Shares

1.76B

425.10B

EV/OCF(TTM)

13.61

P/S(TTM)

3.76

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank, along with subsidiaries, operates across four main business segments: Canadian Personal and Commercial Banking, the United States (U.S.) Retail, Wealth Management and Insurance, and Wholesale Banking. The Canadian Personal and Commercial Banking, which includes TD Canada Trust and TD Auto Finance Canada. The U.S. Retail segment includes TD Bank, a Convenient Bank, TD Auto Finance U.S., and TD Wealth (U.S.). The Wealth Management and Insurance segment includes TD Wealth (Canada), TD Direct Investing, and TD Insurance. The Wholesale Banking segment includes TD Securities and TD Cowen. The Bank offers a wide range of products and services, including banking accounts, financing, investment solutions, cash management (information, consolidation and reporting, payables, and receivables), U.S. banking services, global services, business credit life insurance, wealth advisory services and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

14.29B

-4.92%

2.133

+5.6%

13.79B

-7.46%

1.956

+13.74%

13.73B

-3.54%

2.027

-1.11%

Estimates Revision

The market is revising Upward the revenue expectations for The Toronto-Dominion Bank (TD) for FY2025, with the revenue forecasts being adjusted by 1% over the past three months. During the same period, the stock price has changed by 15.76%.

Revenue Estimates for FY2025

Revise Upward

+1%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+3.79%

In Past 3 Month

Stock Price

Go Up

+15.76%

In Past 3 Month

10 Analyst Rating

-3.47% Downside

Wall Street analysts forecast TD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TD is 70.71 USD with a low forecast of 66.05 USD and a high forecast of 74.76 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

4 Hold

1 Sell

Moderate Buy

-3.47% Downside

Current: 73.250

Low

66.05

Averages

70.71

High

74.76

-3.47% Downside

Current: 73.250

Low

66.05

Averages

70.71

High

74.76

Barclays

Underweight

maintain

$83 -> $91

2025-06-09

Reason

Barclays

Price Target

$83 -> $91

2025-06-09

maintain

Underweight

Reason

Barclays raised the firm's price target on TD Bank to C$91 from C$83 and keeps an Underweight rating on the shares. Canadian banks wrapped up Q2 earnings with four exceeding consensus, but headwinds remain with the impact of tariffs yet to be realized amid a weaker economic picture, the analyst tells investors in a research note.

CIBC

NULL

Outperformer

maintain

$96 -> $99

2025-06-05

Reason

CIBC

Price Target

$96 -> $99

2025-06-05

maintain

NULL

Outperformer

Reason

CIBC raised the firm's price target on TD Bank to C$99 from C$96 and keeps an Outperformer rating on the shares.

National Bank

Gabriel Dechaine

Sector Perform

maintain

$80 -> $98

2025-05-23

Reason

National Bank

Gabriel Dechaine

Price Target

$80 -> $98

2025-05-23

maintain

Sector Perform

Reason

National Bank analyst Gabriel Dechaine raised the firm's price target on TD Bank to C$98 from C$80 and keeps a Sector Perform rating on the shares after its Q4 results. The bank's provision for credit losses was 17% below the firm's forecast, the analyst tells investors in a research note. National Bank adds that it is boosting its modeled forward earnings multiple to 11.5-times from 10-times to reflect greater confidence in its earnings forecasts.

Barclays

Underweight

maintain

$81 -> $83

2025-05-23

Reason

Barclays

Price Target

$81 -> $83

2025-05-23

maintain

Underweight

Reason

Barclays raised the firm's price target on TD Bank to C$83 from C$81 and keeps an Underweight rating on the shares following the Q2 report. The bank's 2025 guidance is intact with expense restructuring funding IT investments, the analyst tells investors in a research note.

BofA

Ebrahim Poonawala

Buy

maintain

$94 -> $102

2025-05-23

Reason

BofA

Ebrahim Poonawala

Price Target

$94 -> $102

2025-05-23

maintain

Buy

Reason

BofA analyst Ebrahim Poonawala raised the firm's price target on TD Bank to C$102 from C$94 and keeps a Buy rating on the shares, telling investors that the bank's fiscal Q2 results "provided another positive proof point for our bullish thesis on the stock" based on the view that new leadership's actions led by CEO Raymond Chun should lead to "a more profitable and a more focused TD."

RBC Capital

Sector Perform

maintain

$87 -> $93

2025-05-23

Reason

RBC Capital

Price Target

$87 -> $93

2025-05-23

maintain

Sector Perform

Reason

RBC Capital raised the firm's price target on TD Bank to C$93 from C$87 and keeps a Sector Perform rating on the shares. The company's Q2 results were strong with lower than expected impaired provisions for credit loss, PCL, partially offset by higher than anticipated expenses and a credible performing PCL build, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Toronto-Dominion Bank (TD.N) is 12.34, compared to its 5-year average forward P/E of 10.68. For a more detailed relative valuation and DCF analysis to assess Toronto-Dominion Bank 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

10.68

Current PE

12.34

Overvalued PE

11.55

Undervalued PE

9.81

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.21

Current PS

3.11

Overvalued PS

3.72

Undervalued PS

2.71