Morgan Stanley raises target for Daikin stock to JPY 22,500

Published on 10/20/2026 at 20:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for November 5, 2026. Daikin stock costs EUR 121.25 on October 20, 2026, up 0.05 percent on the Tokyo Stock Exchange.

Analyst target and reporting date

Morgan Stanley lifted its Daikin target to JPY 22,500 from JPY 16,000 on September 30, 2026.
Daikin Industries is scheduled to publish second-quarter results on November 5, 2026.
Daikin stock costs EUR 121.25 at Lang & Schwarz on October 20, 2026 at 8:16 p.m. CEST, up 0.05 percent on the Tokyo Stock Exchange.
Daikin's market capitalization is JPY 5.97 trillion and its price-to-earnings ratio is 22.79 as of October 20, 2026.

Daifuku, JP3481800005, Illustration mit AI erstellt.

Morgan Stanley upgraded Daikin Industries from Underweight to Equal Weight and raised its target from JPY 16,000 to JPY 22,500 on September 30, 2026, according to Markets Insider. The new target stood 4.90 percent above Daikin's Tokyo price of JPY 21,450 on October 20, 2026. Daikin stock was trading at EUR 121.25 at Lang & Schwarz on October 20, 2026 at 8:16 p.m. CEST, up 0.05 percent on the Tokyo Stock Exchange from the prior close of October 19, 2026.

What does the target imply?

The Morgan Stanley change gives investors a concrete valuation marker after the first quarter ended June 30, 2026. The analyst cited pressure from high interest rates on North American demand, while also pointing to growth potential in data center applications and India, Markets Insider reported.

MarketScreener reported first-quarter revenue of JPY 1.43 trillion, up 17.50 percent from JPY 1.22 trillion a year earlier. Operating profit increased 7.60 percent to JPY 130.60 billion, while profit attributable to shareholders fell 1.70 percent to JPY 80.10 billion. The contrasting figures leave revenue growth ahead of profit growth in the latest reported quarter.

Tokyo valuation and range

Daikin closed at JPY 21,450 on the Tokyo Stock Exchange on October 20, 2026, compared with a 52-week range of JPY 17,380.00 to JPY 26,440.00. The price was 18.86 percent below the 52-week high and 23.42 percent above the 52-week low. Trading volume reached 628,400 shares, while the market capitalization stood at JPY 5.97 trillion and the price-to-earnings ratio was 22.79.

Results date and peer checks

KabuFacts lists Daikin's next results announcement for November 5, 2026. Daikin's investor-relations page also lists the first-quarter financial results release dated August 4, 2026, Daikin shows.

Comparison with peers

Daikin: up 0.05 percent, P/E 22.79, market capitalization JPY 5.97 trillion.

Ebara Corporation (Tokyo Stock Exchange, JPY): down 5.00 percent, P/E 23.10, market capitalization JPY 1.81 trillion.

Mitsubishi Electric (Tokyo Stock Exchange, JPY): down 2.04 percent, P/E 23.38, market capitalization JPY 9.93 trillion.

Target and trading perspective

The analyst target and the November reporting date give the stock two clearly dated reference points. The latest quarter showed a 17.50 percent revenue increase but a 1.70 percent decline in attributable profit, making the next results a test of profit conversion.

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