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Toro stock could rise 24% after strong Q3 sales and profit beat expectations.

Company Fundamentals
04 Sep 2026
Gordon Thompson
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Bullish
Toro stock could rise 24% after strong Q3 sales and profit beat expectations.

The Toro Company reported strong third-quarter results with net sales up 8.4% to $1.23 billion and adjusted EPS of $1.33, beating estimates. Operational efficiency improved, pushing the adjusted operating margin to 13.9%, driven by productivity gains and robust demand in professional and residential segments. An analyst from D.A. Davidson raised the price target to $115, implying a potential 23.84% upside from the current $92.86 stock price. Management expects continued growth supported by healthy markets and new product demand.

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