Name of opportunity: 👀
Toyota Motor Corporation
Stock buyback: 💰
Earlier this week, Toyota announced it was expanding its share buyback plan. Previously the company was going to buy back 1 trillion yen worth of shares between 9 May this year and 30 April 2025. Toyota will now be buying back 1.2 trillion yen worth of shares which is equivalent to US$8.31 billion. On 25 September, Toyota completed a stock repurchase, buying 29,673,300 shares. Buying back shares tends to demonstrate a company’s confidence in the value of the stock, and it also increases the value of the remaining shares.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Toyota Motor Corporation will increase from $183.35 to $218.22 in the next 12 months. If you invested $1000, you might profit $152.39.
As well as the share buyback, analysts and investors are also pleased with some other moves Toyota has made recently. The company has cut its planned electric vehicle production for 2026 by a third, reflecting a pattern that we are seeing across the auto industry as sales for EVs drops. The target is now 1 million EVs rather than 1.5 million. Electric vehicles make up 1% of Toyota’s sales, so the increased focus on hybrids and other alternatives to battery-electric cars has reassured some analysts.
Another reason Toyota is predicted to rise in price so significantly is the recent dip, which analysts think it will partially recover from. Due to factors like Toyota underperforming the S&P 500, Toyota’s stock is down 26.82% in the past 6 months.
Let’s go for a spin: 🚗
Toyota Motor Corporation is a Japanese multinational automotive manufacturer - producing about 10 million vehicles a year, it is the largest automobile manufacturer in the world. As well as automobiles, the company is also engaged in developing mobility products as well as humanoid robots.
Which neme?: 🔍
‘Stocks on the Move’, ‘Biggest Losers Today’, ‘Automotive’ and ‘Analyst Recommended’
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