TM

Toyota Motor stock has delivered a strong 5 year run, yet current valuation checks send a more muted signal, with a mixed overall value score even as market multiples point to some upside. Recent share price softness adds another layer for investors to weigh against the company specific developments around electric vehicles, efficiency plans and partnerships. Over the past 5 years the share price has gained about 84.0%, which puts recent short term weakness into a longer term context of solid shareholder returns. Toyota Motor's push on next generation electric vehicles in China and its battery supply link with LG Energy Solution can support earnings power, while pressure on margins and higher break even volumes may keep investors cautious about how much to pay for that growth. The broader valuation checks flag a mixed picture rather than a clear bargain or clear overvaluation, with the stock scoring 3 out of 6 on value. The issue now is whether Toyota Motor's current price still offers enough compensation for the risks around execution on electrification and efficiency compared with the returns already delivered. Scan 23 high quality undervalued stocks hand picked to highlight companies that, like Toyota Motor, show mixed valuation scores yet trade on market multiples that suggest potential upside. The P/E multiple is a useful yardstick for Toyota Motor because earnings remain a central anchor for how investors look at large, mature automakers. Toyota Motor currently trades on a P/E of 8.2x, compared with an auto industry average of 12.8x and a peer group average of 11.9x. That puts the stock on a noticeably lower earnings multiple than many competitors in the sector. The fair P/E ratio implied by the model is 16.7x, which is higher than all of those reference points and well above where Toyota Motor trades today. Despite the recent focus on efficiency under the new CEO and the push into next generation EVs in China, the market price still reflects a sizeable discount to this fair multiple. Taken at face value, the gap suggests investors are not paying a high price for the earnings that Toyota Motor is currently generating. On the P/E multiple alone, Toyota Motor stock appears undervalued compared with both its fair ratio and sector benchmarks. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for Toyota Motor pick up where the valuation puzzle leaves off and explain what growth, margin and earnings paths would need to occur for the stock to be worth meaningfully more or less than it is today. Rather than stopping at a single model output, they outline the future conditions that this figure relies on, so you can track how Toyota Motor's actual progress compares over time. These insights are available on Simply Wall St's Community page. Community views on Toyota Motor sit far apart, with one group focusing on efficiency and buybacks and another stressing execution and valuation risk. Bull case: 31% undervalued Read the full Bull Case to see why Toyota Motor could be undervalued Bear case: 46% overvalued Read the full Bear Case to see why Toyota Motor could be overvalued Do you think there's more to the story for Toyota Motor? Head over to our Community to see what others are saying! Toyota Motor screens as undervalued on its P/E multiple, with the market asking a lower price for its earnings than for many peers. The broader valuation checks are more mixed, which keeps the discount from looking like an obvious giveaway. For you as an investor, the real question is whether Toyota Motor can deliver on its efficiency and electrification plans in a way that convinces the market to re rate that multiple. The outcome of that execution debate is likely to matter more than where the current metrics sit today. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include 7203.T. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Electric vehicle makers Tesla (NASDAQ: TSLA) and China's BYD (OTC: BYDDY) may be the industry's most talked about companies because they're the industry's two biggest names. Yet, there's a third carmaker that both BYD and Tesla and their shareholders might want to start keeping a closer eye on since it's coming on strong within the electrified vehicle market. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » That's automobile maker Toyota Motor (NYSE: TM). Yes, that Toyota. Most investors probably know that Toyota has been tinkering with hybrids and even battery-only vehicles for a while now. What these investors might not fully appreciate is just how deep the world's biggest carmaker has waded into the electric vehicle market. For the quarter ended in June, 1.41 million (or 51.9%) of the 2.71 million automobiles that Toyota manufactured during that three-month stretch were electric rather than combustion-powered. The vast majority of these cars were hybrids, which are distinctly different from all of the EVs made by Tesla, and roughly half the so-called new-energy vehicles manufactured by BYD. Teslas are only powered by a rechargeable battery, whereas hybrids combine battery power with a combustion engine, making them practical even when recharging them is impractical. The thing is, Toyota's dedication to the continued development of its hybrid automobile business may be a brilliant one despite all the hype being generated by the proliferation of battery-only electric vehicles. For perspective, while sales of battery-electric vehicles (or BEVs) within the United States grew slightly to 1.26 million cars in 2025, according to data from the National Automobile Dealers Association (NADA), hybrid sales quietly but decisively topped that figure at 2.05 million, up 27.6% year over year. And the U.S. market hasn't been particularly receptive to either alternative to conventional combustion-powered automobiles. Of the roughly 90 million cars that were sold worldwide last year, industry research outfit Imarc reports nearly 16.3 million were hybrids, up 24.8% year over year, easily outpacing sales and sales growth of battery-only EVs. Electric vehicle market leaders Tesla and BYD only delivered 3.86 million BEVs between them last year, for reference. Moreover, Imarc expects hybrid automobile sales to reach nearly 126 million units per year by 2034, once consumers recognize this option sidesteps most of the concerns that are crimping interest in battery-only EVs here and abroad. Already the leading name of the hybrid market with last fiscal year's sales of over 4.6 million hybrid cars, Toyota stands ready to capture at least its fair share of this growth. Only time will tell whether hybrids will displace battery-only EVs, or if there's room for both options. What is clear is that the demand for hybrids is very real, and growing, posing at least an indirect threat to Tesla, which is already contending with a formidable BYD on the electric vehicle front. In the meantime, BYD is also becoming a respectable contender in the hybrid business that's proving a marketable alternative to BEVs. Arguably more than anything, though, Toyota may be an investment prospect that too many investors are looking right past, assuming it's no longer relevant. It very much is. Before you buy stock in Toyota Motor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Toyota Motor wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $430,571!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,399,268!* Now, it’s worth noting Stock Advisor’s total average return is 986% — a market-crushing outperformance compared to 214% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of August 28, 2026. James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy. Toyota's Electrified Vehicles Now Make Up Nearly 52% of Its Quarterly Volume was originally published by The Motley Fool

Archion Corporation, the newly-established holding company for Japanese truck-makers Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, reported its maiden quarterly financial results, for the first quarter of the current fiscal year and its outlook for the full year. The company was established at the beginning of Japan’s current fiscal year, on 1 April 2026, as the 100% shareholder of both Hino Motors and MFTBC. The truck-makers’ former parent companies, Toyota Motor Corporation and Daimler Truck AG, each own 25% of Archion’s equity, with the remaining 50% of shares publicly traded on the Tokyo Stock Exchange. Combined Hino and MFTBC revenues increased by 14% year-on-year to JPY 597.9 billion (US$ 3.76 billion) on a like-for-like basis in the April-June quarter of 2026, while operating earnings rose by 32% to JPY 29 billion before ‘preliminary bargain purchase’ gains. Including the preliminary bargain purchase gains, applicable because “the fair value of the net assets acquired exceeded the purchase consideration transferred at the time of the integration,” operating profit rose elevenfold year-on-year to JPY 262.3 billion, while net profits were up fourteenfold to JPY 262.3 billion. Total vehicle sales rose by 14% year-on-year to 60,000 units in the April-June quarter, up from 52,000 units a year earlier, supported by “strong products, improved product offering and supply following the launch of new heavy-duty and light-duty truck models.” Combined Hino and MFTBC registrations in Japan rebounded by 21% to 18,880 vehicles from weak year-earlier levels, while sales in Southeast Asia surged by 51% to 22,000 units, driven by a “large-scale order from the Indonesian government” and a strong rebound by Hino in Thailand. Deliveries in the Middle East plunged by 82% year-on-year to around 1,000 units due to the Middle East conflict. The company noted that it “has been able to selectively supply vehicles and parts by establishing alternative logistics routes, including overland transportation and the use of alternative ports, in cooperation with local partners.” "Archion reports strong maiden Q1 results" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

This article first appeared on GuruFocus. Release Date: August 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Lumax Industries Ltd (BOM:517206) reported a strong 32.6% year-on-year revenue growth to INR1,223 crore, driven by robust performance across all automotive segments. The company's order book stands at a healthy INR2,500 crore, with approximately 90% LED composition, providing strong revenue visibility for future quarters. EBITDA grew by 34% year-on-year to INR113 crore, with margins holding steady at 9.2% despite external headwinds, reflecting effective cost discipline. LED lighting now accounts for 63% of total revenue, up from 61% last year, and the company is actively developing proprietary standard lighting modules for the Indian market. The company is expanding capacity with a new Bangalore plant for Maruti and Toyota, and brownfield projects at Sanam and Bhaval, positioning for future growth. Revenue from key customers like Maruti and Tata Motors grew strongly by 43% and 68% year-on-year, respectively, driven by multiple new model launches. The ongoing West Asia crisis has led to high crude oil prices, shipping disruptions, and rupee volatility, creating significant external headwinds for the company. EBITDA margins were negatively impacted by approximately 120-130 bps due to commodity and other costs, with recovery expected only in the next quarter. The company's efforts to implement monthly price amendments with OEMs have not succeeded, as most customers still prefer quarterly or six-monthly adjustments. The commercial vehicle segment remains a small part of the business at 5% of revenue, with limited growth due to standardized products and lower technology adoption. The HVAC business with Honda has underperformed, with volumes not meeting estimates, and the company sees limited material significance from this segment. Localization of key electronic components like connectors remains low at around 24%, and the company faces challenges in the Indian tooling ecosystem. Warning! GuruFocus has detected 4 Warning Sign with BOM:517206. Is BOM:517206 fairly valued? Test your thesis with our free DCF calculator. Q: What is the company's long-term growth and margin guidance, and how does the current order book support this outlook? A: Anmol Jain, Joint Managing Director, stated that the company is confident of delivering above-industry growth over the next three to five years, with a CAGR of 15% to 20%. From a current base of INR 4,500-5,000 crore, the company expects to reach upwards of INR 9,000 crore in revenue by FY30-31. For the current fiscal year, the EBITDA margin guidance remains intact at 10.5% to 11%, with an endeavor to hit upwards of 13% EBITDA within three to four years. The order book stands at approximately INR 2,500 crore, with 90% LED composition, and roughly 60% of this order book is expected to go into SOP in FY28. Q: Can you explain the margin performance in Q1 FY27 and the impact of commodity costs and price recoveries? A: Deepak Jain, Chairman and Managing Director, explained that the company had hoped for monthly price amendments from OEMs to recover from commodity volatility, but this has not happened for most of the industry. As a result, there was a 120-150 bps margin reduction in Q1 due to these recoveries not being realized. Ravi Tautia, CFO, added that the company is maintaining its full-year EBITDA guidance of 10.5% to 11% as recoveries are under discussion with OEMs. Anmol Jain supplemented that Q2 margins are expected to be higher, above 10%, as Q1 realizations are expected to be realized in Q2. Q: What is driving the strong growth in the "other customers" segment, and what is the customer diversification strategy? A: Ravi Tautia, CFO, clarified that the significant growth in the "others" category is primarily from the Skoda Volkswagen business, which started from their facility. Anmol Jain added that the company is focusing on under-penetrated customers like TVS and Suzuki Motors (SMIPL) as future growth drivers. He emphasized that the Indian auto industry is concentrated among four to five key players per segment, and Lumax has a top wallet share with most of them, covering 92% of the passenger car market and about 85% of the two-wheeler market through its group companies. Q: What is the company's strategy regarding localization, and what are the expected benefits? A: Ravi Tautia, CFO, detailed that localization is primarily focused on electronics, with key components being LED modules, SMT (already 100% localized), bare PCBs (currently 40-50% localized, expected to reach 70-80% in 2-3 years), and connectors (currently 24% localized, expected to reach 40-50%). He expects localization efforts to yield a benefit of 70-90 basis points to the business in the next 2-3 years. Deepak Jain added that while the company will prioritize localization, it will not insource everything, instead working with supplier partners, and noted the challenges in the Indian tooling ecosystem. Q: What is the current content per vehicle for lighting products, and how is this expected to evolve? A: Anmol Jain, Joint Managing Director, stated that the current content per vehicle for a passenger car is between INR 15,000 to 20,000 on average, with some outliers reaching almost INR 30,000. He foresees this increasing by at least 50% over a four to five-year horizon, potentially reaching INR 22,000 to 25,000, driven by new technologies such as dynamic lighting and projectors, though he noted there will be pressure to reduce prices from global levels. Q: What is the CapEx guidance for FY27, and what is the breakdown? A: Ravi Tautia, CFO, revised the FY27 CapEx guidance upwards to INR 200-250 crore, up from the previous INR 150-250 crore, due to new order wins over the last four months. He clarified that maintenance CapEx will continue to be around INR 40-50 crore, with the rest going towards new business. For FY28, the guidance is currently estimated at INR 150-200 crore, though Anmol Jain noted it is premature to give a firm FY28 guidance. Q: What is the outlook for the mold revenue business in FY27? A: Ravi Tautia, CFO, stated that the company expects healthy growth in mold revenue compared to the last financial year, targeting INR 250-300 crore versus INR 180-185 crore last year. However, he noted that the actual realization depends on SOP timelines from customers, with the majority of mold revenues planned for H2, specifically in Q3 or Q4. Q: How is the company positioned for the EV transition, and what is the strategy for EV content per vehicle? A: Deepak Jain, Chairman and Managing Director, emphasized that lighting is powertrain agnostic, so the company is well-positioned regardless of EV adoption. He noted that as vehicles become more electric, there will be a greater need for energy efficiency and lightweighting, which increases the value creation opportunity for lighting products. He also mentioned that the company is seeing opportunities in the EV space, with the order book currently having 12% EV composition, and expects this to grow as the market evolves. Q: Can you provide more color on the competitive landscape and where the company is gaining market share? A: Deepak Jain, Chairman and Managing Director, stated that competition intensity will increase as the Indian market grows. However, the company's strategy is to remain embedded with the top four or five OEMs in every sector, which hold 80-90% market share. He noted that the company is gaining share in the two-wheeler segment, particularly with HMSI and TVS, and expects Suzuki to become a growth driver. In the passenger vehicle segment, the market is dominated by global players, and the company is focusing on increasing wallet share with customers like Maruti Suzuki, which is expected to grow from less than 30% to 35-40%. Q: What is the status of the HVAC business, and are there plans to expand into other non-lighting products? A: Anmol Jain, Joint Managing Director, stated that the HVAC business for Honda generated about INR 18-20 crore on an annualized basis, with peak For the complete transcript of the earnings call, please refer to the full earnings call transcript.

This article first appeared on GuruFocus. Revenue: Topline significantly down compared to plan due to unforeseen headwinds, with a 30-40% hit on transfer case revenue. EBITDA: Maintained above 20% despite the topline hit. Segment Performance - Transfer Cases: Revenue hit of 30-40% due to quality and logistics issues at two growth customers (MG Motor and Mahindra). Segment Performance - Synchro Business: Significant reduction as Toyota transitions from ICE to hybrid regime. Segment Performance - EGEA Drive (EV business with Tata): In pilot production during Q1, with significantly higher numbers expected in Q2. New Business Awards: Announced INR 220 crore lifecycle new business from Mahindra for a new last mile mobility EV product, plus new awards for four-wheel drive and component applications. Warning! GuruFocus has detected 6 Warning Signs with BOM:543812. Is BOM:543812 fairly valued? Test your thesis with our free DCF calculator. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Despite a significant drop in topline, EBITDA margin remained above 20%, demonstrating the underlying strength of the business model. The company has secured new business awards worth approximately 720 crore rupees, including a 220 crore EV transmission order from Mahindra and a new four-wheel drive vehicle model. The new facility at Shirwal is coming on stream, with state-of-the-art equipment including a high-power transmission dynamometer, enhancing validation and development capabilities. The EV transmission business with Tata Motors is ramping up, with no quality issues in the first 2,000 units and positive feedback, and capacity for 10,000 units per month. The company is benefiting from the 'China plus one' sourcing strategy, with new export orders from BorgWarner for Ford, Chrysler, Toyota, and Audi applications, and a strong pipeline of opportunities. The company has a rich product portfolio and customer diversification, including new components for Toyota's hybrid models and Mahindra's three-wheeler EVs, reducing dependence on any single segment. Q1 FY24 revenue was significantly down due to unforeseen headwinds, including quality and logistics issues at two growth customers (MG Motor and Mahindra), leading to a 30-40% hit in transfer case sales. The Toyota business is undergoing a transition from ICE to hybrid, resulting in a significant reduction in synchronizer revenue, with only about 40% recovery from new hybrid content. Export business has been impacted by geopolitical issues, particularly the Russia-Ukraine war, leading to a halt in UAZ business, and the company does not expect recovery in FY24 or FY25. The new facility at Shirwal faced issues with imported equipment from South Korea, which may delay the full ramp-up of EV production. The company's growth in the near term is dependent on the normalization of customer schedules, which may take longer than expected, especially for MG Motor due to logistics issues from China. The company has not yet secured business for Maruti Suzuki's Jimny, as the OEM has chosen to go with imported content, limiting potential growth in that segment. Q: Can you provide a timeline for the execution of the four new orders totaling around ?720 crore, and are there more orders in the pipeline due to the China Plus One sourcing strategy?A: Jitendra Divgi, Managing Director, explained that the BorgWarner business will start ramping up in January, with revenue kicking in from Q4 of this fiscal year and peaking next financial year. The Mahindra component business is ramping up rapidly and should reach steady state by September or October. The new four-wheel drive product and the EV transmission award from Mahindra will start in the final quarter of this year, with benefits driving growth in FY25. He also confirmed a rich pipeline, with approximately ?300 crore worth of business under development and launch, and even more in the quoting stage, spanning new customers like Ashok Leyland, JCB, and European EV companies. Q: What caused the significant drop in revenue during Q1 FY24, and was it related to any quality issues with your products?A: Jitendra Divgi clarified that the drop was due to unforeseen headwinds, including quality and logistics issues at two customers (Mahindra and MG Motor) that were not related to Divgi's products. Hirendra Divgi, Executive Director, emphasized that the quality issue at Mahindra was on their engine side due to another supplier, leading them to ration engine production to more profitable models. Additionally, the Toyota business is transitioning from the old ICE regime to a new hybrid, which reduced synchronizer volumes. The company expects the situation to recover in Q2 and return to normalcy from Q3 onwards. Q: What is the outlook for the export business, which declined significantly in FY23, and how will the IPO funds be utilized?A: Jitendra Divgi stated that the export decline was due to geopolitics (Russia/China) and life cycle changes in North America. The company has quoted on over ?200 crore of new export business and expects to breach the ?100 crore mark by next year. Regarding IPO funds, Hirendra Divgi explained that the primary raise was revised from ?200 crore to ?180 crore due to timing and supplier delivery constraints. The unspent funds are committed to CapEx rollout for this year and next year, as per SEBI guidelines, and are on track. The funds will be used to fill the new Shirwal plant with equipment and support new business awards. Q: Who are your key competitors in India and globally, and what is the competitive landscape for your products?A: Jitendra Divgi stated that in the four-wheel drive segment, the company is without peer in India, with competition primarily from Japan and the US. In EV transmissions, there is competition from Indian component makers, but Divgi's ability to design, develop, and manufacture complete transmission solutions sets it apart. He noted that the company is currently India's largest EV transmission system maker with the largest capacity. The company is also developing a dual-clutch automatic transmission, which will be a game-changer, with one other credible competitor in India. The strategy is to maintain a diverse product portfolio to avoid being cornered by competition in any single segment. Q: What is the potential revenue from the Tata Motors contract, and what is the capacity in place?A: Jitendra Divgi confirmed that the company has put in place capacity for almost 10,000 EV transmissions per month, covering three different models (Tiago, Tigor, and Punch). The average price realization on these transmissions is between ?10,000 and ?11,000. This represents the current awarded business with Tata, with additional opportunities being pursued. Q: What is the impact of the Toyota business transition from ICE to hybrid, and how will you compensate for the lost revenue?A: Jitendra Divgi explained that the company used to supply four synchronizer parts to Toyota with an aggregated value of close to ?8,000 for a volume of about 10,000 per month. As Toyota transitions to hybrid, Divgi now supplies a sun gear with a price realization of about ?300, with current volumes of 12,000 going to 16,000 next year. This represents about a 40% recovery of the lost revenue. However, the company has secured an exclusive arrangement with Toyota Tsusho, a $70 billion company, to reach out to the universe of Japanese OEMs, and has opened an office in Seoul to connect with Korean OEMs like Hyundai. Q: Is the company considering opportunities in the bus segment, given the government's focus on electrification?A: Jitendra Divgi stated that the bus segment is currently not in focus due to the reward-to-effort ratio being less attractive compared to the passenger car and light commercial vehicle markets, which are global. He emphasized the need to prioritize the company's most precious resourcethe energy of its peopleon opportunities that will help realize the promise to shareholders. The company is focusing on cars, SUVs, and light commercial vehicles, including three-wheelers, where the EV market is evolving rapidly. Q: Will the company supply components for Mahindra's upcoming EV models, such as the Thar EV?A: Jitendra Divgi confirmed that there is a lot of work going on in the background on EV models, not just for the Thar but also other models at Mahindra. He stated that the company will make the necessary disclosures at the right time. Q: Is there any update on the business with Maruti Suzuki for the Jimny model?A: Jitendra Divgi stated that there are no updates on the Jimny business. The discussions were through Toyota, but Suzuki or Maruti has at this juncture preferred to go ahead with their imported content. Q: What is the status of the Russia (UAZ) business, and can we expect any revenue from it in FY24?A: Jitendra Divgi clarified that due to the continuing war and sanctions, the UAZ business has not returned and is not part of the recovery plan until March. It is not even in the budget for FY25. He emphasized that it would not be prudent to jeopardize the company's prospects in the US and Europe by violating sanctions. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Toyota Motor Corporation TM reported first-quarter fiscal 2027 earnings of $7.57 per share, which missed the Zacks Consensus Estimate by 4.28% and increased from $4.47 reported in the year-ago quarter. Revenues remained nearly flat year over year at $84.9 billion.Profitability was pressured by model mix, labor costs, depreciation and R&D expenses.Toyota had consolidated cash and cash equivalents of ¥10.34 trillion ($64.34 billion) as of June 30, 2026. Long-term debt was ¥26.08 trillion ($162.3 billion), up from ¥25.62 trillion as of March 31, 2026. Toyota Motor Corporation price-consensus-eps-surprise-chart | Toyota Motor Corporation Quote The Automotive segment’s net revenues for the fiscal first quarter increased 8.8% year over year to ¥12.01 trillion ($75.36 billion). Operating profit came in at ¥719.9 billion ($4.51 billion), which declined 21% from the year-ago period.The Financial Services segment’s net revenues rose 23.2% from the prior-year quarter to ¥1.4 trillion ($8.78 billion). The segment registered an operating income of ¥275.7 billion ($1.72 billion), which rose 24% from the first quarter of fiscal 2026.All Other businesses’ net revenues totaled ¥469.9 billion ($2.94 billion) in the reported quarter, which increased 37% year over year. The unit generated an operating profit of ¥16.3 billion ($512.5 million), which rose 118% year over year. For fiscal 2027, Toyota projects total retail vehicle sales of 11.18 million units, indicating a decline from 11.28 million units sold in fiscal 2026. Fiscal 2027 sales are expected to total ¥54 trillion compared with ¥50.68 trillion recorded in fiscal 2026. Operating income is projected to be ¥3.4 trillion, indicating a contraction of 9.7% year over year.Pretax profit is estimated to be ¥4.57 trillion, implying a decline from ¥5.12 trillion generated in fiscal 2026. R&D expenses are envisioned to be ¥1.6 trillion compared with ¥1.52 trillion spent in fiscal 2026. Capex is forecast at ¥2.3 trillion compared with ¥2.39 trillion spent in fiscal 2026.   TM currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Genuine Parts Company GPC reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM) : Free Stock Analysis Report Genuine Parts Company (GPC) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Company Raises 2026 Revenue Guidance SANTA CRUZ, Calif., August 05, 2026--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its Second Quarter 2026 Shareholder Letter detailing the company’s operational and financial results for the quarter ending June 30, 2026. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today. Highlights include: First eIPP flights are expected in September in Texas, targeting first passengers in 2026. Strongest quarterly progress yet in fifth and final stage of FAA Type Certification. Five aircraft flying and 12 more in production, as the manufacturing ramp continues. Joint venture with Toyota lays groundwork for strategic manufacturing alliance and high-volume production. Strong Blade performance, generating $36.2 million in Q2 revenue, contributing to increased full year 2026 total revenue outlook between $115 million and $125 million. Strategic partnership with Atoms, the Industrial AI and infrastructure company founded by Travis Kalanick, to develop multimodal transportation hubs across U.S. launch markets. $2.3B in cash and short-term investments as of June 30, 2026. Commenting on Joby’s second quarter results, JoeBen Bevirt, founder and CEO, said: "With meaningful progress on certification, partnerships, infrastructure and commercial readiness, we are unlocking the third dimension of mobility and turning electric vertical flight from an extraordinary technology into an everyday reality, giving people their time back and fundamentally changing the way we move." Outlook Joby’s current outlook incorporates continued investment in certification of its eVTOL aircraft, expansion of manufacturing scale, and advancing commercialization efforts including participation in the White House-backed eIPP program. The company increased its full year 2026 total revenue outlook to a range of $115 million to $125 million. For the second half of 2026, Joby anticipates use of cash, cash equivalents and short-term investments to be between $385 million and $415 million. Second Quarter 2026 Financial Results Webcast Details:What: Joby Aviation Second Quarter 2026 Financial Results WebcastWhen: Wednesday, August 5, 2026Time: 2:00 p.m. PT (5:00 p.m. ET)Webcast: Upcoming Events section of the company website. If unable to attend the webcast, to listen by phone, please dial 1-877-407-9719 or 1-201-378-4906. A replay of the webcast will be available on the company website following the event. About Joby Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi. Joby intends to both operate its fast, quiet, and convenient air taxi service in cities around the world and sell its aircraft to other operators and partners. To learn more, visit www.jobyaviation.com. Forward Looking Statements This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft and the growth of our manufacturing capabilities, including plans to deliver two additional aircraft in 2026; our regulatory outlook, progress and timing, including our target of carrying our first passengers in 2026; our business plan, objectives, goals, market opportunity and expected demand for our aircraft and services; plans for, and potential benefits of, our strategic partnerships, including our partnership with Atoms to develop air taxi hubs; expected opportunities under the eIPP, including locations and timing of eIPP flights; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations, including our use of cash and revenue guidance for 2026. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "estimate", "expect", "project", "plan", "intend", "believe", "may", "will", "should", "can have", "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our air taxi service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project; the need to negotiate additional definitive agreements and secure permits and other required approvals to achieve the full expected value of our partnerships; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; uncertainty around timing of proposed enhancements to the air traffic control system; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled "Risk Factors" in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on February 27, 2026, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. View source version on businesswire.com: https://www.businesswire.com/news/home/20260805604111/en/ Contacts Media: Christine [email protected] Investors: [email protected]

Toyota reported first-quarter net profit of 1.48 trillion yen ($9.4 billion) for the three months ended June 30, up 76% from 841 billion yen in the same period a year earlier, as a weak yen and gains in financial income lifted results even as vehicle sales dipped. First-quarter revenue came in at 13.5 trillion yen ($85 billion), reflecting a 10% increase from the same period the prior year, the company said. Toyota stock closed about 1.5% lower in Tokyo after the results were released. The weak yen was a central driver of the quarter's earnings. The U.S. dollar traded at roughly 160 yen during the April-June period, compared with about 145 yen during the same quarter a year earlier. That currency shift added 345 billion yen ($2.2 billion) to Toyota's quarterly operating income, the company said. Operating income for the quarter came in at 1.06 trillion yen, down 8.8% from the prior year, as higher expenses offset the currency tailwind. Toyota raised its full-year revenue forecast to 54 trillion yen ($342 billion), up from a prior projection of 51 trillion yen and up 6.5% from last fiscal year's 50.7 trillion yen. The automaker also lifted its full-year net profit forecast to 3.25 trillion yen ($20.6 billion), up from a prior projection of 3 trillion yen, though that figure remains 15.5% below the 3.85 trillion yen recorded in fiscal 2026, the company said. The company sold 2.39 million vehicles globally in the first quarter, down from 2.41 million in the year-earlier period. Overseas sales fell while Japan sales rose, the company said. For the full fiscal year, Toyota projected total vehicle sales of 9.7 million units, up from 9.595 million the prior year. Toyota's hybrid lineup continued to see robust consumer interest across several regions, Takanori Azuma, Toyota's chief officer for accounting, told reporters at an earnings briefing, according to ABC News. Models including the Camry and RAV4 were selling well in the U.S., while the Urban Cruiser and Innova Hycross were among the popular models in India, Takanori Azuma said. Toyota also announced a share buyback program of up to 1 trillion yen, covering as much as 4.2% of outstanding shares, according to The Wall Street Journal. The company lowered its estimate for the drag from war-related disruptions on annual operating profit to 510 billion yen from a prior forecast of 670 billion yen. A 7.1 magnitude earthquake that struck Kumamoto in southwestern Japan on July 28 halted production at Toyota's facilities in the Kyushu region, according to ABC News. Those plants were preparing to resume production later in the week, Takanori Azuma said.

Japan’s Toyota Motor posted a 75.6% increase in net income to Y1.47tn ($9.32bn) for the first quarter of its 2027 financial year and raised its FY2027 guidance. During the three months to 30 June 2026, consolidated sales revenue reached Y13.52tn, an increase of 10.4% compared with the same period a year earlier. The rise in net income came despite a fall in operating income which dropped 8.8% to Y1.06tn. The increase in net profit was driven mainly by below-operating-line gains, including the disposal of part of Toyota’s holding in Toyota Industries Corporation and the deconsolidation of Hino Motors, rather than by core operating earnings. Toyota attributed the quarterly movement in operating income to several offsetting factors: a Y70bn contribution from marketing activity and a Y345bn benefit from currency movements, set against reductions of Y85bn linked to cost-cutting measures, Y190bn from higher expenses net of expense-reduction efforts, and Y242.6bn attributed to other factors. Basic earnings per share attributable to Toyota Motor stood at Y120.69, against Y64.56 in the equivalent quarter of the prior year. Total vehicle unit sales across Japan and overseas markets fell 0.7% to 2.39 million units for the quarter. Domestic sales increased 8.9% to 524,000 units, while sales outside Japan fell 3.1% to 1.87 million units. Within the automotive segment, sales revenue climbed 8.8% to Y12.01tn, but segment operating income fell 21% to Y719.92bn, which the company said was mainly the result of higher expenses. By region, sales revenue increased across every market Toyota reported. Japan rose 11.8% to Y5.82tn, North America increased 14.9% to Y6.10tn, Europe grew 20.4% to Y1.88tn, and Asia rose 9.5% to Y2.33tn. The company raised its FY2027 operating income forecast to Y3.40tn from Y3tn previously. It also increased its sales revenue forecast to Y54tn from Y51tn and lifted its net income attributable to Toyota Motor forecast to Y3.25tn from Y3tn As part of business structure reform, Toyota said it is expanding hybrid electric vehicle battery production and plans to transition approximately 600,000 vehicles’ worth of capacity to next-generation batteries in 2027-2028. It also outlined production changes including Tacoma production at its Texas plant from 2030, construction of a fourth plant in India with capacity of 100,000 units a year, and supplying the Land Cruiser “FJ”, Noah and Voxy to Japan from overseas production sites. "Toyota raises guidance as first quarter net income jumps 75.6%" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Toyota (TM) is scheduled to report fiscal first quarter results on Tuesday, with investors expecting the world's largest automaker to post higher revenue and earnings, despite falling sales. Toyota is expected to post FY Q1 adjusted revenue of 13.06 trillion yen ($83.4 billion), per Bloomberg consensus, up about 7% from 12.25 trillion yen ($78.3 billion) a year ago. Toyota's adjusted earnings per share are estimated at 82.44 yen ($0.53), with adjusted EBITDA coming in at 1.54 trillion yen ($9.8 billion). Net income margin is expected at 8%. However, analysts see adjusted gross margin of 16%, down from 18% a year earlier, and an EBITDA margin of 12%, versus 14%, implying cost pressures. Last quarter, Toyota lowered its operating income forecast by over 20% to 3 trillion yen for the financial year ending March 2027, while raising its sales revenue forecast by 0.6%. Investors will be looking for Toyota to improve that outlook, following results from large US rivals like GM and Ford. Toyota's earnings follow sales and production figures the company released last week. Global sales, including Lexus, fell 2.9% in the first half of 2026 to 5.01 million vehicles, the first January-June decline in two years. Overseas sales dropped 4.3% to 4.20 million — the first first-half decline in four years — while sales inside Japan rose 4.7% to 804,721. Interestingly, Toyota's domestic sales have now risen for three straight months, while overseas sales have fallen for five straight months. June sales edged up 0.06% to 868,454 vehicles, the first year-on-year monthly increase in five months. Electrified vehicle sales (both hybrid and EV) remained a bright spot, rising 9.1% to 2.71 million in the first half, led by EV sales that more than doubled to 193,172. Electrified sales rose 13% in North America, 12% in Europe, and 30% in Asia excluding China, though China was roughly flat. Lexus sales, however, fell 9.2% to 393,869. Toyota also aims to onshore much of its production, including to the US. Last month, Toyota said it will invest $3.6 billion to add a second assembly line at its San Antonio plant, creating 2,000 jobs and shifting Tacoma production out of one of its Mexico plants and into Texas over the next four years. The San Antonio plant will eventually be the exclusive US home of Tundra, Sequoia, and Tacoma production. The move comes after the White House said it wouldn't renew the landmark USMCA trade deal between the US, Mexico, and Canada, with negotiations ongoing. Pras Subramanian is Lead Auto Reporter for Yahoo Finance. You can follow him on X and on Instagram. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance

Ford Motor (NYSE:F), the global automaker focused on trucks, commercial vans, SUVs, and Lincoln luxury vehicles, closed at $15.28, up 2.14%. An earnings beat and a guidance increase drove the move, while investors are watching margins and continued quality improvements next.Trading volume reached 92.2 million shares, coming in about 44% above its three-month average of 64.1 million shares. The S&P 500 (SNPINDEX:^GSPC) fell 1.52% to 7,316, while Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.74% to 24,443 on a day that the Federal Reserve kept interest rates unchanged. Among other automobile manufacturers, General Motors (NYSE:GM) fell 1.00% to $89.40, while Toyota Motor (NYSE:TM) rose 3.51% to $192.84 as investors weighed earnings strength and U.S. production plans. Investors cheered Ford’s earnings beat and move to increase full-year 2026 guidance. Management meaningfully boosted the low end of expected adjusted earnings, while also raising the upper end of the range by $500 million to $10.5 billion. Even with capital expenditure plans unchanged, the company now sees an additional $1 billion in adjusted free cash flow. Ford has many moving parts across its consumer, commercial, and electric vehicle segments, but one focus for investors is the persistent product quality headwinds affecting its results. There was good news here, though, that helps explain today's stock move. The company said it remains on track to see $1 billion in material and warranty cost reductions this year. Continuous improvement on that front can keep Ford stock moving higher. Before you buy stock in Ford Motor Company, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ford Motor Company wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $390,394!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,209,184!* Now, it’s worth noting Stock Advisor’s total average return is 899% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of July 29, 2026. Howard Smith has no position in any of the stocks mentioned. The Motley Fool recommends General Motors. The Motley Fool has a disclosure policy. Stock Market Today, July 29: Ford Beats Earnings, Raises 2026 Guidance on Production Strength was originally published by The Motley Fool