US broker cuts Denso stock target to JPY 1,700

Published on 10/17/2026 at 21:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Denso reports results on October 29, 2026. Denso stock costs JPY 1,871.50 on October 16, 2026, up 1.44 percent on Tokyo Stock Exchange.

Target change and trading context

A US brokerage cut its Denso target from JPY 2,100 to JPY 1,700 on October 13, 2026.
Denso's next second-quarter results are scheduled for October 29, 2026.
Denso stock costs JPY 1,871.50 on October 16, 2026, up 1.44 percent on the Tokyo Stock Exchange.
Denso has a P/E of 11.67 and a market capitalization of JPY 4.7 trillion.

Denso, JP3551500006, Illustration mit AI erstellt.

A US brokerage cut its Denso rating from Equal-Weight to Underweight and reduced its target from JPY 2,100 to JPY 1,700 on October 13, 2026, according to Yahoo Finance. The new target lies 9.16 percent below Denso's last Tokyo quote. Denso last traded at JPY 1,871.50 on October 16, 2026 at 3:30 p.m. JST, up 1.44 percent versus the prior close of JPY 1,845.00.

October results set the next test

Denso's next scheduled event is its fiscal 2027 second-quarter financial results on October 29, 2026, at 11:10 a.m. Tokyo time, according to the company's DENSO investor calendar. The date gives investors a defined checkpoint for the target reset and the company's margin trajectory.

Revenue growth meets lower profit

For the first quarter of fiscal 2027, revenue reached JPY 1.91 trillion, up 9.10 percent year over year, while operating profit fell 21.50 percent to JPY 84.18 billion. Parent-attributable quarterly profit was JPY 67.90 billion, down 14.40 percent year over year, according to Fundamental Lab. The combination of higher sales and lower operating profit leaves cost control as the central earnings question.

Price position and valuation

The latest Tokyo price sits inside a JPY 1,801.00 to JPY 2,373.00 52-week range. The October 16 volume was 8,701,900 shares against an average of 7,845,271, while the market capitalization was JPY 4.7 trillion.

Valuation and scheduled date

Denso's trailing P/E was 11.67 and its dividend yield was 0.04 percent on October 16, 2026. The valuation gives the lowered JPY 1,700 target a concrete reference point, while the October 29 results remain the next company-specific date.

Comparison with peers

Denso: plus 1.44 percent, P/E 11.67, market capitalization JPY 4.7 trillion
Honda (Tokyo Stock Exchange, JPY): plus 1.21 percent, P/E minus 46.22, market capitalization JPY 7.0 trillion
Aisin (Tokyo Stock Exchange, JPY): plus 2.44 percent, P/E 9.79, market capitalization JPY 1.5 trillion

Stock context

The peer snapshot places Denso's daily move between Honda and Aisin, while its valuation is above Aisin's P/E and below Honda's market value. The last available Tokyo price was JPY 1,871.50 on October 16, 2026 at 3:30 p.m. JST.