Name of opportunity: 👀
Toyota Motor Corporation
Rising today: ☝️
The automotive company’s stock is currently priced at 19.98% where it was 6 months ago, but it is showing signs of rising, and has risen by 0.97% today. Despite a recent history of volatility, Toyota is currently recommended by analysts as a ‘Strong Buy’ - why is this and what is the stock predicted to do next?
How hot is this investment opportunity? 🔥🔥🔥
Right now, analysts predict the price of Toyota Motor Corporation will increase from $174.08 to $218.22 in the next 12 months. If you invested $1000, you might profit $256.43.
Toyota recently shared its Q2 earnings and the company missed a number of estimates, including revenue and vehicle sales. The company also lowered its forecast of car sales for the full financial year 2025, dropping its predicted number of cars sold from 9500 to 9400. However, Toyota also announced plans to increase its focus on China, aiming to produce 2.5 million vehicles in the country annually by 2030.
The company has also attracted positive attention for its hybrid vehicles, with popular models like the Toyota Corolla. There are plenty of initiatives in countries around the world encouraging drivers to shift away from traditional fossil fuel using cars, and Fortune Business Insights recently shared a prediction that the hybrid car market will grow from $291.42 billion in 2024 to $504.18 billion by 2032. Plug-in hybrid cars are sometimes referred to as a gateway to fully electric vehicles.
Jump in: 🛞
Toyota Motor Corp is a Japan-based company engaged in the automobile business, finance business and other businesses. The company began manufacturing automatic looms in the 1930s before expanding into the automotive industry. It is headquartered in Toyota City, Aichi, Japan. The company makes cars under the following brands: Daihatsu, Hino, Lexus and Toyota.
Which neme?: 🔍
‘Analyst Recommended’, ‘Automotive’
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