Does Toyota Motors Stock Have Any Upside?

by Trefis Team
+2.72%
Upside
181
Market
186
Trefis
TM
Toyota
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Toyota Motor’s stock (NYSE: TM) rose by 1.6% to $179 in the last twenty-one trading days. In comparison, the broader S&P500 rose by 2.7% over the last twenty-one trading days. The company is expected to report Q1 FY 2022 earnings on Wednesday, August 4. The company is expected to post strong results as they have better managed the global chip shortage. In the April to June quarter, they even managed to surpass GM’s sales volume in the U.S. for the first time ever. As per Trefis’ Toyota Motor Valuation, the share price is slightly below its potential of $190. Now, is TM stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 56% chance of a near term rise in TM stock over the next month (twenty-one trading days). See our analysis on Toyota Motor’s Stock Chances Of Rise for more details.

Five Days: TM 0.1%, vs. S&P500 1%; Underperformed market

(51% event probability)

  • Toyota Motor’s stock rose 0.1% over a five day trading period ending 7/28/2021, compared to the broader market (S&P500) which rose 1%
  • A change of 0.1% or more over five trading days has a 51% event probability, which has occurred 1289 times out of 2517 in the last ten years

Ten Days: TM -0.07%, vs. S&P500 0.6%; Underperformed market

(49% event probability)

  • Toyota Motor’s stock declined 0.07% over the last ten trading days (two weeks), compared to the broader market (S&P500) rise of 0.6%
  • A change of -0.07% or more over ten trading days has a 49% event probability, which has occurred 1222 times out of 2517 in the last ten years

Twenty-One Days: TM 1.6%, vs. S&P500 2.7%; Underperformed market

(38% event probability)

  • Toyota Motor’s stock rose 1.6% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 2.7%
  • A change of 1.6% or more over twenty-one trading days has a 38% event probability, which has occurred 951 times out of 2516 in the last ten years

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