Toronto Dominion Bank (TD) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Toronto Dominion Bank (TD) stock forecast summary
Our AI scores Toronto Dominion Bank every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Toronto Dominion Bank is a mega-cap company with a market capitalization of $206.79B. It ranks number 3 by market capitalization among the 20 Commercial Banks, NEC issuers in our coverage with a current forecast.
For TD, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 51.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 28.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, TD included.
TD price chart and AI forecast
How TD ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Toronto Dominion Bank (TD) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Commercial Banks, NEC peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | TD | Rank |
|---|---|---|
| Market Cap | $206.79B | 3/20 |
| P/E Ratio | 7.72x | 11/15 |
| EPS | $15.86 | – |
| Revenue/Share | $52.18 | – |
Profitability & Margins
| Metric | TD | Rank |
|---|---|---|
| ROA | 1.9% | 6/15 |
| Net Margin | 31.9% | 4/12 |
Cash Flow
| Metric | TD | Rank |
|---|---|---|
| Operating Cash Flow | -$48.19B | 19/20 |
| OCF Growth YoY | -515600.0% | 16/16 |
Operational Efficiency
| Metric | TD | Rank |
|---|---|---|
| Asset Turnover | 0.06x | 5/13 |
| Fixed Assets Turnover | 12.4x | 5/8 |
Income Statement
| Metric | TD | Rank |
|---|---|---|
| Total Revenue | $88.16B | 5/13 |
| Net Income | $28.08B | 3/15 |
Dividend & Shareholder Information
| Metric | TD | Rank |
|---|---|---|
| Shares Outstanding | 1689M | – |
| Net Income Growth | 178.5% | 1/12 |
| EPS Growth | 194.9% | 1/15 |
Balance Sheet Highlights (USD millions, converted from CAD)
| Cash & Short-term Investments | $4.62B | |
| Total Liabilities | $1.45T |
TD quarterly financials and insider trading
Toronto Dominion Bank (TD) industry peers
Companies classified under the same SEC industry code as Toronto Dominion Bank (Commercial Banks, NEC): 22 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| TD Toronto Dominion Bank | $206.79B | |
| RY Royal Bank Of Canada | $281.75B | |
| MUFG Mitsubishi Ufj Financial Group Inc | $248.87B | |
| SAN Banco Santander, S.A. | $172.45B | |
| SMFG Sumitomo Mitsui Financial Group, Inc. | $150.91B | |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | $143.01B | |
| HDB Hdfc Bank Ltd | $125.88B | |
| BMO Bank Of Montreal /Can/ | $121.32B | |
| CM Canadian Imperial Bank Of Commerce /Can/ | $106.73B | |
| ING Ing Groep Nv | $92.36B | |
| LYG Lloyds Banking Group Plc | $77.02B | |
| BCS Barclays Plc | $75.97B | |
| NWG Natwest Group Plc | $62.64B | |
| BSBR Banco Santander (Brasil) S.A. | $17.38B | |
| BSAC Banco Santander Chile | $15.23B | |
| GGAL Grupo Financiero Galicia Sa | $4.92B | |
| NTB Bank Of N.T. Butterfield & Son Ltd | $2.18B | |
| ESQ Esquire Financial Holdings, Inc. | $1.56B | |
| PGC Peapack Gladstone Financial Corp | $814M | |
| VBNK Versabank | $713M | |
| DJP Barclays Bank Plc | N/A | |
| WBKCY Westpac Banking Corp | N/A |
Where TD sits on the market map
Toronto Dominion Bank (TD) stock news
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Toronto Dominion Bank (TD) stock forecast FAQ
What is the Toronto Dominion Bank (TD) stock forecast?
Our AI scores Toronto Dominion Bank every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Toronto Dominion Bank stock predictions?
For TD, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 51.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 28.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Toronto Dominion Bank forecasts updated?
Toronto Dominion Bank forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Toronto Dominion Bank's industry peers?
22 issuers in our coverage, TD included, share the SEC industry code Commercial Banks, NEC. The largest are: Royal Bank Of Canada (RY), Mitsubishi Ufj Financial Group Inc (MUFG), Banco Santander, S.A. (SAN), Sumitomo Mitsui Financial Group, Inc. (SMFG), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Hdfc Bank Ltd (HDB).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.