Noble Securities raises target for Toya stock to PLN 17.00

Published on 10/20/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Toya reported PLN 276.80 million in second-quarter revenue, up 19.70 percent year over year. Toya stock costs EUR 2.49 on October 20, 2026.

Valuation rests on earnings growth

Noble Securities lifted its Toya target to PLN 17.00 from PLN 15.50 on October 16, 2026.
Toya reported PLN 276.80 million in second-quarter revenue, up 19.70 percent year over year.
Toya stock trades at EUR 2.49 at 1:06 p.m. CEST at Lang & Schwarz on October 20, 2026.
Next earnings are scheduled for November 5, 2026.

Toya, PLTOYA000011, Illustration mit AI erstellt.

Toya (PLTOYA000011) drew a higher valuation from Noble Securities, which raised its target for the stock from PLN 15.50 to PLN 17.00 in a report dated October 16, 2026, according to PAP. The recommendation remained buy, while the higher target rests on stronger expected earnings and operating savings.

Second-quarter sales set the base

Toya generated PLN 276.80 million in revenue in the second quarter of 2026, an increase of 19.70 percent from the second quarter of 2025. Net income reached PLN 29.00 million, up 16.60 percent year over year, while earnings per share increased to PLN 0.39 from PLN 0.33, according to Parkiet.

For the first half of 2026, revenue stood at PLN 522.10 million, up 12.70 percent from the first half of 2025, while net income was PLN 51.60 million, an increase of 4.30 percent. Export sales rose 23.20 percent and e-commerce sales increased 14.30 percent, but sales to retail chains declined 10.20 percent, according to Parkiet.

What does the target mean for earnings?

Noble Securities projected 2026 revenue of PLN 1.04 billion, EBIT of PLN 125.00 million and net income of PLN 97.00 million. The 2025 comparison was PLN 908.00 million in revenue, PLN 110.00 million in EBIT and PLN 87.00 million in net income. The report also identified annual storage savings of PLN 5.00 million to PLN 7.00 million from Toya's warehouse purchase, according to PAP.

Next reporting date is November 5

The next earnings date is November 5, 2026, as listed by Simply Wall St. That date gives investors the next scheduled checkpoint for the second-half outlook and the earnings assumptions behind the PLN 17.00 target.

Stock price in euros

Toya is listed as TOA on the GPW, with a market capitalization of PLN 804.0 million as of October 20, 2026. The company operates in consumer durables, with tools and equipment as its principal business focus.

Toya was trading at EUR 2.49 at Lang & Schwarz on October 20, 2026, at 1:06 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Toya stock.