Komatsu, JP3304200003

Goldman Sachs lifts target for Komatsu stock to JPY 9,000.00

Published on 10/15/2026 at 20:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Komatsu reports results on October 29, 2026. Komatsu stock costs EUR 40.63 on October 15, 2026 at 8:43 p.m. CEST, down 4.14 percent on Tokyo Stock Exchange.

Target revision and reporting date

Goldman Sachs raised its Komatsu target to JPY 9,000.00 on October 5, 2026, 27.08 percent above the Tokyo price.
Komatsu is scheduled to report results on October 29, 2026.
Komatsu stock costs EUR 40.63 at Lang & Schwarz on October 15, 2026 at 8:43 p.m. CEST, down 4.14 percent on the day on Tokyo Stock Exchange.
Komatsu trades at a P/E ratio of 16.78 with a market capitalization of JPY 6.3 trillion.

Komatsu, JP3304200003, Illustration mit AI erstellt.

Goldman Sachs raised its Komatsu target from JPY 6,700.00 to JPY 9,000.00 on October 5, 2026, putting the new target 27.08 percent above Komatsu's Tokyo Stock Exchange price of JPY 7,082.00. According to Investing.com, the bank upgraded the stock from Neutral to Buy as it raised its machinery outlook around artificial intelligence capital spending. Komatsu stock was trading at EUR 40.63 at Lang & Schwarz on October 15, 2026 at 8:43 p.m. CEST, down 4.14 percent on the day on the Tokyo Stock Exchange.

Target leaves room above Tokyo price

The target revision is the clearest valuation signal in the available market picture. Goldman Sachs moved the target 34.33 percent higher, from JPY 6,700.00 to JPY 9,000.00, while the Tokyo price ended at JPY 7,082.00 on October 15, 2026. The target therefore sits JPY 1,918.00 above the completed session price.

The same report linked the upgrade to stronger expectations for United States construction machinery and mining equipment. It also cited sustained company-wide margins and capital returns, while the report put Komatsu's gross profit margin at 30.00 percent and return on equity at 12.00 percent.

52-week range marks the position

Komatsu's Tokyo Stock Exchange range runs from JPY 4,914.00 to JPY 7,980.00. The October 15 close was 11.25 percent below the 52-week high and 44.16 percent above the low. The stock's session change was minus 4.14 percent, with 4,331,700 shares traded against an average volume of 3,134,098.

Valuation and reporting date

Komatsu's market capitalization was JPY 6.3 trillion, its trailing P/E ratio was 16.78, and its dividend yield was 0.03 percent on October 15, 2026. These figures place the machinery maker below Caterpillar's P/E of 31.37 and Deere's 36.27, although the peers trade in USD and are not directly interchangeable with Komatsu's JPY valuation.

Komatsu is scheduled to report results on October 29, 2026, according to Yahoo Finance. The date gives investors the next fixed point for testing whether the stronger machinery outlook is reflected in company figures.

Comparison with peers

Komatsu: minus 4.14 percent, P/E 16.78, market capitalization JPY 6.3 trillion

Caterpillar (NYSE, USD): minus 2.61 percent, P/E 31.37, market capitalization USD 335.3 billion

Deere (NYSE, USD): plus 0.39 percent, P/E 36.27, market capitalization USD 176.0 billion

Price and upcoming results

The Tokyo session ended at JPY 7,082.00 on October 15, 2026, while the euro quotation remained available after the Xetra close. The next scheduled reporting date is October 29, 2026.

The further course of trading is shown by the continuously updated real-time quote of Komatsu stock.