Forecast Of The Day: Honda Automobile Units Sold

HMC: Honda Motor logo
Honda Motor


Honda’s (NYSE:HMC) Automobile Units Sold declined from around 5.3 million in 2019 to about 4.55 million in 2021 (FY ends March). Trefis expects the metric to recover a bit to about 4.8 million units in 2022 and to 4.9 million in 2023.


Relevant Articles
  1. Growth Of Chinese EV Players A Looming Threat For Honda Stock?
  2. What’s Happening With Honda Stock?
  3. Honda Stock Looks Like A Buy Following Strong Q3 Results
  4. Is Honda Stock A Buy As Motorcycle Business Shines?
  5. Is Honda Stock A Buy At $27?
  6. Forecast Of The Day: Average Price of Honda Vehicles

While Honda has faced some headwinds due to the Covid-19 pandemic and the semiconductor shortage, we expect things to recover a bit from 2021.

So What?

We think the recovery in demand isn’t priced into Honda stock yet. We value Honda at about $38 per share, about 30% ahead of the current market price.

See Our Complete Analysis For Honda

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Jan 2022
MTD [1]
YTD [1]
Total [2]
 HMC Return 3% 3% 0%
 S&P 500 Return -1% -1% 110%
 Trefis MS Portfolio Return -5% -5% 273%

[1] Month-to-date and year-to-date as of 1/6/2022
[2] Cumulative total returns since the end of 2016

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates