Toyota is seen as 30% undervalued on Wall Street, posting record car production and strong hybrid sales.

Toyota is viewed by Wall Street as over 30% undervalued at current share prices, with a consensus price target of $240.81. Despite challenges in EV market, Toyota recorded a record 10.3 million car production in its fiscal year and a hybrid Camry sales increase of 143% YoY in Q1. Strong hybrid electric vehicle sales and hydrogen-powered engine development indicate long-term growth potential for the auto giant.

August 24, 2024
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