# Toyota Motor Corporation (TM)

> Source: Nexqual · https://nexqual.com/TM · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Toyota Motor Corporation (TM), nexqual.com/TM" · informational, not investment advice.

**Price:** USD 198.22 (+1.72% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 194.86 · day 196.2–198.58 · 52w 166.1–248.9 · market cap $233B · NYQ

## Key facts
- Analysts: Buy (mean 1.50 on a 1–5 scale) (4 analysts), mean target USD 234.08 (range 230–239.31).
- Total return with dividends: 1Y -2.9% vs S&P 500 +14.9%; 5Y +26.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 2.74, revenue estimate $13.35T.

## Analysts
Consensus Buy (mean 1.50 on a 1–5 scale), 4 analysts; mean target USD 234.08 (low 230, high 239.31).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -2.9% | +26.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -2.9% | +4.8% |
| Volatility (annualized) | 26.2% | 26.9% |
| Max drawdown | -32.9% (Feb 2026→Jun 2026) | -36.6% (Jan 2022→Sep 2022) |

## Peers (Auto Manufacturers)
RACE (Ferrari N.V.) USD 397.66 +0.11% · GM (General Motors Company) USD 77.21 +1.45% · F (Ford Motor Company) USD 11.94 +0.34% · HMC (Honda Motor Company, Ltd.) USD 34.58 +1.80% · TSLA (Tesla, Inc.) USD 374.58 -3.08% · RIVN (Rivian Automotive, Inc.) USD 12.06 -3.21%

## More
Full page: https://nexqual.com/TM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in TM's own 20-F filed 2026-06-10 (https://www.sec.gov/Archives/edgar/data/1094517/000119312526264811/d101983d20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Daimler Truck Holding | "For commercial vehicles, we are collaborating with Daimler Truck Holding AG, and for passenger vehicles, we are working with BMW, as well as the governments in Fukushima and Tokyo, to expand the use of hydrogen in both m…" |
| Partner | Joby Aviation, Inc. (JOBY) | "Our collaboration with Joby Aviation, Inc. ("Joby") on Joby's electric vertical take-off and landing aircraft (eVTOL)" |
| Partner | Sumitomo Metal Mining | "In October 2025, we announced a collaboration with Sumitomo Metal Mining Co., Ltd. ("Sumitomo Metal Mining") aimed at mass production of cathode materials." |
| Partner | Beijing SinoHytec | "In China, we have already established a development and production base in collaboration with Beijing SinoHytec Co., Ltd. This base began production of fuel cells in August 2024." |
| Partner | Freight and Shenzhen Dekun Logistics | "In collaboration with leading domestic logistics companies For-U Smart Freight and Shenzhen Dekun Logistics Co., Ltd., we began operating 50 heavy-duty fuel-cell trucks in 2025." |

Other companies that name TM in their own reports (relationship from TM's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| supplier | Micware Co., Ltd. (MWC) | 20-F 2026-06-30 | "In 2020 and 2022, the OEMs Toyota and Honda, respectively, who are also our customers, became our shareholders, testifying as to our brand reputation in the industry." |
| supplier | Powerfleet, Inc. (AIOT) | 10-K 2026-06-15 | "Some of our global customers that benefit from our combined solutions to power their specific AIoT and machine-to-machine mobility needs include Holcim, Ford, Avis, Walmart, Toyota, and XPO Logistics." |
| competitor | Itau Unibanco Holding S.A. (ITUB) | 20-F 2026-04-30 | "Our main bank competitors in this business are Banco Santander (Brasil), Banco BV and Banco Bradesco, besides manufacturer-owned banks (such as Volkswagen, Stellantis, GM, Honda and Toyota)." |
| partner | CHEMICAL & MINING CO OF CHILE INC (SQM) | 20-F 2026-04-22 | "Algorta Norte S.A., a joint venture between ACF Minera S.A. and Toyota Tsusho; and Atacama Minerals, which is owned by Chinese company Tewoo." |
| partner | Pony AI Inc. (PONY) | 20-F 2026-04-22 | "Our 6th generation Level 4 autonomous vehicle model, developed in partnership with Toyota, has been deployed for public-facing robotaxi services since July 2023." |
| partner | GRUPO FINANCIERO GALICIA SA (GGAL) | 20-F 2026-04-16 | "Within this framework, Banco Galicia developed strategic alliances with key players in the sector, including Toyota, Mercedes-Benz, and Iveco, consolidating a strong position in vehicle financing." |
| customer | Polar Power, Inc. (POLA) | 10-K 2026-04-15 | "We have negotiated a supply agreement with Toyota for the engine and with Bosch for the ignition control." |
| partner | Xanadu Quantum Technologies Ltd (XNDU) | 20-F 2026-04-09 | "Current collaborations include leading organizations such as Volkswagen, Toyota," |
| competitor | FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) | 10-K 2026-03-31 | "The FX 4 is intended to compete in a segment that includes vehicles such as the Toyota RAV4, Honda CR-V, Toyota bZ4X, Hyundai Ioniq 5, and Nissan Leaf." |
| partner | EMBRAER S.A. (EMBJ) | 20-F 2026-03-30 | "In 2022, we entered into an agreement with Toyota do Brasil to embrace Toyota Production System (TPS) principles and concepts in its industrial operations." |
| partner | Foresight Autonomous Holdings Ltd. (FRSX) | 20-F 2026-03-25 | "July 2025, Eye-Net collaborated on a research paper presented by Toyota Motor Corporation at the Japanese Society of Automotive Engineers" |
| customer | Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) | 20-F 2026-03-17 | "Nissan suppliers who currently lease space from us at the Douki Seisan Park include Posco (metal parts), Tachi-S (car seats), Sanoh (fuel systems), Voestalpine (steel and other metals for high-technol…" |
| customer | ASPEN AEROGELS INC (ASPN) | 10-K 2026-03-13 | "These customers include General Motors LLC (GM), Toyota, Scania, Automotive Cells Company, which is a battery cell joint venture between Stellantis N.V., Saft-TotalEnergies and Mercedes-Benz (collecti…" |
| partner | EVgo Inc. (EVGO) | 10-K 2026-03-09 | "EVgo Inside is used by some of our largest partners including GM, Honda, Lyft, Presto, and Toyota." |
| partner | Grab Holdings Ltd (GRAB) | 20-F 2026-03-06 | "These arrangements include joint ventures and minority equity investments, such as our Digital Banking JV with Singtel and partnerships with strategic investors such as Mitsubishi UFJ Financial Group …" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.73 | $5.12 | -46.6% | $13.35T | 1 |
| Next quarter (ends 2026-12-31) | $3.23 | $5.74 | -43.7% | $13.88T | 1 |
| Current fiscal year (ends 2027-03-31) | $18.33 | $17.51 | +4.7% | $53.91T | 3 |
| Next fiscal year (ends 2028-03-31) | $20.51 | $25.31 | -19.0% | $55.58T | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±5.4%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 23.9% | ±5.4% |
| 2026-12-18 | 56 | 23.6% | ±7.5% |
| 2027-01-15 | 84 | 24.1% | ±9.4% |
| 2027-03-19 | 147 | 24.8% | ±12.7% |
| 2027-04-16 | 175 | 25.0% | ±14.2% |
| 2027-06-17 | 237 | 25.3% | ±16.3% |
| 2027-07-16 | 266 | 25.5% | ±17.3% |