Japanese broker raises target to JPY 3,600 for Internet Initiative stock
Published on 10/17/2026 at 19:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- A Japanese securities firm cut its rating and raised the target from JPY 3,400 to JPY 3,600 on October 9, 2026.
- Results for the second quarter of 2027 are scheduled for November 6, 2026.
- Internet Initiative stock last traded at JPY 3,636 on October 16, 2026, up 2.02 percent versus JPY 3,564.
- Internet Initiative had a market capitalization of JPY 644.8 billion and a P/E ratio of 26.09.
Internet Initiative (JP3152820001) faces a tighter valuation debate after a Japanese major securities firm cut its rating to Neutral and raised its target from JPY 3,400 to JPY 3,600 on October 9, 2026, according to Yahoo Finance. The target lies 0.99 percent below the latest Tokyo Stock Exchange price, while the consensus target of JPY 3,673 stood 1.02 percent above it. Internet Initiative stock last stood at JPY 3,636 on October 16, 2026 at 3:30 p.m. JST, up 2.02 percent versus JPY 3,564.
Target distance after October 9
The analyst change combines a more cautious rating with a higher numerical target. The move from JPY 3,400 to JPY 3,600 lifted the target by 5.88 percent, but the new level remained below the latest market price. A separate consensus cited by Yahoo Finance covered 10 analysts and stood at JPY 3,673 on October 8, 2026.
Price position on October 16
The Tokyo Stock Exchange price was JPY 3,636, or 2.02 percent above the prior close of JPY 3,564. The 52-week range was JPY 2,098 to JPY 3,728, placing the stock 2.47 percent below its high and 73.40 percent above its low. Trading volume reached 685,600 shares against an average of 543,822 shares.
Valuation and reporting date
Internet Initiative carried a market capitalization of JPY 644.8 billion and a P/E ratio of 26.09 on October 16, 2026. The company provides internet connectivity, WAN, outsourcing and systems integration services in Japan, according to Simply Wall St. Its investor-relations page schedules second-quarter fiscal 2027 results for November 6, 2026 at noon Japan time, as stated by Internet Initiative.
Comparison with peers
Internet Initiative (TSE, JPY): plus 2.02 percent, P/E 26.09, market capitalization JPY 644.8 billion.
Fujitsu (TSE, JPY): plus 3.22 percent, P/E 24.48, market capitalization JPY 7.7 trillion.
SCSK (TSE, JPY): plus 0.18 percent, P/E 35.33, market capitalization JPY 1.8 trillion.
The stock's closing context
Internet Initiative's latest Tokyo Stock Exchange price sat below its 52-week high while the new analyst target was lower still. The November 6, 2026 reporting date is the next scheduled company event.
Internet Initiative stock facts
- Company: Internet Initiative Japan Inc.
- ISIN: JP3152820001
- Ticker: 3774
- Primary exchange: Tokyo Stock Exchange
- Price Tokyo Stock Exchange (as of October 16, 2026, 3:30 p.m. JST): JPY 3,636.00
- Change versus prior close: plus 2.02 percent
- Prior close: JPY 3,564.00
- Market capitalization: JPY 644.8 billion (as of October 16, 2026)
- 52-week range: JPY 2,098.00-3,728.00 (as of October 16, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
Market context: Market report Nikkei 225.
