Tuesday, Toyota announced it was slashing the price of its most popular battery electric vehicle by $6,000.
Toyota Motor (TM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the closing of the recent trading day, Toyota Motor Corporation (TM) stood at $178.15, denoting a +1.39% change from the preceding trading day.
Recently, Zacks.com users have been paying close attention to Toyota Motor (TM). This makes it worthwhile to examine what the stock has in store.
I believe the 80% jump in Joby's share price is a direct symptom of the current excitement in the eVTOL space. I anticipate a healthy pullback as investors take profits. Commercial operations in Dubai could begin by the end of 2025, which I believe is the next big catalyst to reignite shareholder excitement. The $500M investment from Toyota is key both from a funding and manufacturing perspective, as I believe Toyota's TPS could give Joby an edge over rivals like Archer Aviation.
Toyota Motor's global output dropped for a ninth consecutive month in October, dragged lower by big falls in production in the United States and China but the decline was mild compared to previous months.
Toyota, BYD Co and Honda have been highlighted in this Industry Outlook article.
Joby Aviation Inc JOBY is soaring to new heights—literally and figuratively. The stock is making new 52-week highs on Monday, fueled by news of half a billion-dollar investment from Toyota Motor Corp TM.
TM's long-term potential is strong, but weak guidance, rising costs and recent scandals suggest caution, despite its attractive valuation.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
For fiscal 2025, TM projects total retail vehicle sales of 10.85 million units, indicating a decrease from 11.09 million units sold in fiscal 2024.