NYSE: TD

Toronto Dominion Bank (TD) Stock Analysis & Forecast

Nov 4 close

$128.20+3.46 (+2.8%)

Gekko Brief

AI summaryNov 4 close

This week's news centers on TD Bank's revived U.S. expansion plans, with the company aiming to open 100 new branches by the end of 2028 after a pause tied to anti-money-laundering remediation. Alongside this, TD disclosed an expected $130 million in catastrophe claims, net of reinsurance, to be reported in its Wealth Management & Insurance segment for the fourth quarter of fiscal 2026, ahead of its scheduled results release on 3 December 2026. Separately, Premia Holdings completed its acquisition of Cowen Reinsurance from TD, now renamed Premia Reinsurance Europe.

TD closed at $128.20, up 2.8%, sitting above both its 50-day average of $120.97 and its 200-day average of $111.06, with the 50-day above the 200-day. The stock trades near its 52-week high of $128.53. The GekkoIndex reads 47.8, placing it in the Neutral zone. Price stands 5.8% above Gekko Fair Value of $121.15.

Over the next 20 trading days, attention turns to TD's next earnings date on 3 December 2026, which falls inside this window, following a prior quarter where EPS of $1.98 beat the $1.74 estimate with a 1.5% reaction. Smart money activity in the last 90 days shows 1 Congress buy and 0 sells. Seasonality data shows an average 20-trading-day return of 2.8% across 5 years, with gains in 5 of those years from this point in the calendar.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Toronto Dominion Bank price vs fair value

$128.20$121.15Nov ’25May ’26Nov ’26
Close $128.20200-day averageGekko Fair Value $121.15

Toronto Dominion Bank quick facts

Market cap
$216.6B
P/E ratio
18.5
Forward P/E
15.8
EPS, TTM
$6.77
Revenue, TTM
$60.82B
Profit margin
26.6%
Dividend yield
3.48%
Beta
0.87
Volume
2.36M avg 1.26M
1-year return
+56.5%
Typical daily move
±1.6%
Typical 20-day move
±4.2%
50-day average
$120.97
200-day average
$111.06
Next earnings
Dec 3 before open
Shares outstanding
1.63B
52-week range
$79.52$128.53

Toronto Dominion Bank swing-trade checklist

Toronto Dominion Bank scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed2 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $128.20 is above the 50-day ($120.97) and 200-day ($111.06) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    47.8, Neutral

    Reading 47.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    5.8% above

    Price is 5.8% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings riskheadwind

    Reports in 28 days

    Reports on Dec 3, 2026, 28 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.8% on average

    From this point in the calendar, the next 20 trading days averaged +2.8% over 5 years, rising in 5 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Toronto Dominion Bank stock chart and price history

Toronto Dominion Bank closed at $128.20 on Nov 4, 2026, +56.5% over the past year, inside a 52-week range of $79.52 to $128.53.

Close50-day average200-day averageVolume
Toronto Dominion Bank share price, past year, with 50-day and 200-day moving averages and volume$80$100$120DecJan 2026FebMarAprMayJunJulAugSepOct128.20

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+8.5%
3 months
+5.8%
6 months
+18.0%
1 year
+56.5%
The full TD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TD in Gekko

Follow Toronto Dominion Bank through every session

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About Toronto Dominion Bank

Toronto Dominion Bank serves personal, business, and institutional customers with a broad range of banking, lending, and financial services across Canada, the United States, and other international markets. Everyday customers can use deposit accounts such as checking, savings, and investment products, along with credit cards and financing for purchases like cars and recreational vehicles. Businesses draw on funding, cash management, trade finance, and payment processing, while the bank also underwrites property, casualty, life, and health insurance.

The bank runs through three main segments: Canadian Retail, U.S. Retail, and Wholesale Banking. Wholesale operations support corporations, governments, and institutional investors with services such as debt and equity issuance, merger advice, and trading and funding activities. Wealth management and advisory services are offered to both individual and institutional clients. In the United States, the bank operates under the TD Bank name, marketed as America's Most Convenient Bank, with a network of branches, stores, and ATMs, supplemented by telephone, digital, and mobile banking, and a partnership with Canada Post Corporation.

Founded in 1855, Toronto Dominion Bank is headquartered in Toronto, Canada. Its shares are listed on the NYSE under the ticker TD.

Listed
NYSE
Sector
Finance
Industry
Major banks
Website
td.com

Toronto Dominion Bank GekkoIndex: the smart money zone

Toronto Dominion Bank’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 47.8, in the Neutral zone, up 1.2 points over five sessions.

010047.8Neutral

Up 1.2 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24+2.5%+2.8%+2.0%+3.5%
Accumulation147+0.4%+1.2%+2.3%+5.8%
Neutral (current zone)450+0.6%+1.1%+2.4%+6.4%
Distribution75+0.5%+0.8%+0.9%+4.0%
Selling1Too few readings yet

Average TD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TD price, zone by zone.Track TD in Gekko

Is Toronto Dominion Bank stock overvalued? Gekko Fair Value

Toronto Dominion Bank trades 5.8% above Gekko Fair Value of $121.15, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Toronto Dominion Bank shares are worth, recalculated every trading day.

$121.15

Gekko Fair Value, Nov 4, 2026

5.8% Overvalued

At the end of Aug 2026 the price was 0.2% below the estimate.

Gekko Fair ValueShare price, month end
$121$125Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TD in Gekko

Toronto Dominion Bank insider and Congress trading

No open-market insider purchases were filed for Toronto Dominion Bank, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TD in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TD insider filing, plotted on the chart in Gekko.Open TD in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Ro Khanna
House, CA, purchase
Purchase$50,001 - $100,000Oct 9
traded Sep 30

From congressional disclosures, which report amounts as ranges.

Toronto Dominion Bank earnings: next date and track record

Toronto Dominion Bank reports on Dec 3, 2026, before the open (28 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±2.7%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

−8.2%Dec ’24+0.3%Feb ’25+4.5%May ’25−1.3%Aug ’25+4.7%Dec ’25+0.2%Feb ’26+1.2%May ’26+1.5%Aug ’26

Last earnings call, Aug 27, 2026 AI summary

What they said
TD Bank reported record Q3 2026 earnings of $4.7 billion with record EPS of $2.77, up significantly year-over-year. Revenue grew 8% YoY driven by Canadian Personal/Commercial Banking and Wholesale Banking. ROE reached 16%, up 280 bps YoY. CET1 ratio stood at 14.3%, with TD targeting a return to 13% by H2 2027. Impaired PCLs declined QoQ, with total PCLs now expected near the lower end of the 40-50 bps range.
Guidance
TD expects to significantly outperform its 6%-8% EPS growth and 13% ROE targets for fiscal 2026, contingent on stable macro conditions. Expense growth is targeted at 3%-4% for fiscal 2026. TD could return over $13 billion in capital in fiscal 2027 while reaching 13% CET1 by year-end 2027.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 27, 2026$1.98
est $1.74
+13.8%$12.07B
est $10.70B
+12.7%+1.5%
May 28, 2026$1.74
est $1.63
+6.7%$11.80B
est $11.04B
+6.8%+1.2%
Feb 26, 2026$2.44
est $2.26
+8.0%$11.01B
est $10.66B
+3.4%+0.2%
Dec 4, 2025$2.18
est $2.01
+8.5%$15.89B
est $10.38B
+53.2%+4.7%
Aug 28, 2025$2.20
est $2.03
+8.4%$15.48B
est $10.03B
+54.3%−1.3%
May 22, 2025$1.97
est $1.78
+10.7%$15.00B
est $10.02B
+49.7%+4.5%
Feb 27, 2025$1.55
est $1.61
−3.7%$14.90B
est $9.10B
+63.8%+0.3%
Dec 5, 2024$1.97
est $2.52
−21.8%$14.74B
est $9.19B
+60.4%−8.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Toronto Dominion Bank stock forecast and analyst price targets

Analysts’ average 12-month price target for Toronto Dominion Bank is $121.69, −5.1% from the last close.

$121.69consensus 12-month target, −5.1% from the last close
+2.4%average 20-day move after past Neutral readings
+2.8%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Toronto Dominion Bank seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Toronto Dominion Bank averaged +2.8% across the last 5 years, rising in 5 of them.

Next 20 trading days, by year

+1.6%2021+2.9%2022+1.6%2023+2.2%2024+4.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.6%5 of 5
Next 10 trading days+2.2%4 of 5
Next 15 trading days+1.9%5 of 5
Next 20 trading days+2.8%5 of 5
Next 30 trading days+2.0%2 of 5

For scale, TD’s typical 20-trading-day move in either direction is about 4.2%.

Toronto Dominion Bank market cap and key statistics

Toronto Dominion Bank’s market cap is $216.6B, with a P/E ratio of 18.5 and revenue of $60.82B over the last twelve months.

Valuation

Market cap
$216.6B
P/E ratio
18.5
Forward P/E
15.8
EPS, TTM
$6.77
Gekko Fair Value
$121.15

Trading

Volume
2.36M
Avg volume, 20 days
1.26M
52-week high
$128.53
52-week low
$79.52
Shares outstanding
1.63B

Financials

Revenue, TTM
$60.82B
Profit margin
26.6%
Return on equity
12.8%
Quarterly earnings growth, YoY
+45.0%

Risk and income

Beta
0.87
Typical daily move
±1.6%
Typical 20-day move
±4.2%
Dividend yield
3.48%

Toronto Dominion Bank stock news this week

Coverage of Toronto Dominion Bank this week reads positive: 7 positive, 6 neutral and 4 negative headlines.

News sentiment positive

Toronto Dominion Bank peers

Toronto Dominion Bank’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
JPMJP Morgan Chase+1.8%Neutral0.8% below
BACBank of America+0.7%Accumulation12.3% below
RYRoyal Bank Of Canada+1.3%Neutral1.7% above
WFCWells Fargo+0.2%Neutral2.4% below
CCitigroup−1.4%Accumulation9.8% below
BMOBank Of Montreal+1.1%Neutral4.6% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Toronto Dominion Bank stock FAQ

What is Toronto Dominion Bank’s market cap?

Toronto Dominion Bank’s market cap is $216.6B at the Nov 4, 2026 close of $128.20, with 1.63B shares outstanding. The shares trade on a P/E ratio of 18.5.

What is the Toronto Dominion Bank stock forecast?

The consensus analyst 12-month price target for Toronto Dominion Bank is $121.69, −5.1% from the last close. Gekko doesn’t publish price predictions of its own.

Is Toronto Dominion Bank stock overvalued or undervalued?

On Gekko’s estimate Toronto Dominion Bank is overvalued: the Nov 4, 2026 close of $128.20 is 5.8% above Gekko Fair Value of $121.15. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Toronto Dominion Bank report earnings next?

Toronto Dominion Bank is expected to report on Dec 3, 2026, before the market opens (28 days away). Analysts expect earnings of $1.83 per share on revenue of $10.99B. Toronto Dominion Bank beat the earnings estimate in 6 of its last 8 reports, moving 2.7% on average across the report.

What is Toronto Dominion Bank’s 52-week high and low?

Toronto Dominion Bank’s 52-week high is $128.53 and its 52-week low is $79.52; it closed at $128.20 on Nov 4, 2026, +56.5% over the past year.

Is Toronto Dominion Bank stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (trend, smart money and seasonality), 1 as mixed (gekkoindex) and 2 as headwinds (fair value and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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