Morgan Stanley cuts Denso stock target to JPY 1,700

Published on 10/15/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Denso reports second-quarter results on October 29, 2026. Denso stock costs EUR 10.47 on October 15, 2026 at 6:30 p.m. CEST after Tokyo closed.

Analyst view and valuation dates

Morgan Stanley assigned a JPY 1,700 target and Sell rating on October 14, 2026.
DENSO Corporation will report second-quarter fiscal 2027 results on October 29, 2026.
Denso stock costs EUR 10.47 at Lang & Schwarz on October 15, 2026 at 6:30 p.m. CEST.
Denso traded at a P/E ratio of 11.50 on October 15, 2026.

Denso, JP3551500006, Illustration mit AI erstellt.

Morgan Stanley assigned Denso a Sell rating and a JPY 1,700 price target on October 14, 2026, according to Markets Insider. Denso was last at JPY 1,845 on the Tokyo Stock Exchange on October 15, 2026 at 3:30 p.m. JST, while its euro quote was EUR 10.47 at Lang & Schwarz on October 15, 2026 at 6:30 p.m. CEST.

Target reset puts valuation in view

The new target is JPY 400 below Morgan Stanley's previous JPY 2,100 target. The downgrade therefore adds a clear valuation counterpoint to Denso's latest market level, even though the report does not change the company's published operating plan.

First-quarter numbers set the baseline

Denso reported first-quarter fiscal 2027 revenue of JPY 1.91 trillion, up 9.10 percent from the year-earlier quarter, while net income fell 14.00 percent to JPY 67.90 billion. Simply Wall St reported that the profit margin declined to 3.50 percent from 4.50 percent in the comparable period. The combination of higher revenue and lower earnings is the central operating contrast for the next results date.

Stock position and range

Denso's Tokyo price stood 2.44 percent above its JPY 1,801 52-week low and 22.25 percent below its JPY 2,373 high on October 15, 2026. The session volume was 9,240,100 shares, against an average volume of 7,750,040 shares. The Tokyo listing closed after the quoted 3:30 p.m. JST timestamp.

Valuation and October date

Denso had a market capitalization of JPY 4.6 trillion and a P/E ratio of 11.50 on October 15, 2026. Its next scheduled reporting date is October 29, 2026, when it is due to publish second-quarter fiscal 2027 results, according to the DENSO investor calendar.

Comparison with peers

Denso (Tokyo, JPY): P/E 11.50, market capitalization JPY 4.6 trillion

Toyota (Tokyo, JPY): plus 0.60 percent, P/E 8.62, market capitalization JPY 35.9 trillion

Aisin (Tokyo, JPY): minus 1.22 percent, P/E 9.56, market capitalization JPY 1.5 trillion

Euro quote after Tokyo close

Denso's euro quote places the stock at EUR 10.47 in after-hours trading at Lang & Schwarz on October 15, 2026 at 6:30 p.m. CEST. The quote is separate from the Tokyo listing and keeps the German investor perspective in view.

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