Toyota (TM, $122.70) and SoftBank Announce Joint Venture on Driverless Transportation Services
Softbank and Toyota are joining hands for developing driverless technology-based transportation businesses.
In a joint venture called Monet, the two Japanese companies will offer services including mobile convenience stores, delivery vehicles, transportation for the elderly, hospital shuttles and mobile offices – all via autonomous vehicles. SoftBank Group can potentially leverage the data collected from its Internet of Things platform towards developing the venture, while Toyota’s experience in the vehicle industry will add to the partnership.
All of Monet’s services are expected to roll out, phase by phase, over the next decade. For instance, by the second half of the 2020s, the venture will start an on-demand mobility service using Toyota's self-driving electric vehicle called e-Palette for meal deliveries and hospital shuttles.
The companies said that the joint venture will start at 2 billion yen ($17.49 million), and will be raised to 10 billion yen in future. However no timeline has been mentioned as yet. SoftBank will have a 50.25% stake in Monet while Toyota will own 49.75%.
The news comes shortly after Toyota rival Honda announced a $2 billion investment over the next 12 years towards a collaboration with General Motors’s self-driving vehicle subsidiary Cruise for building an apparently one-of-a-kind driverless cars.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
TM sees MACD Histogram just turned negative
TM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 08, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In 27 of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 59%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for TM moved out of overbought territory on September 04, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In 17 of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at 55%.
The Momentum Indicator moved below the 0 level on September 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on TM as a result. In 47 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 53%.
TM moved below its 50-day moving average on September 28, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TM crossed bearishly below the 50-day moving average on September 30, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 44%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 51%.
The Aroon Indicator for TM entered a downward trend on October 08, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 36 of 57 cases where TM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 63%.
Following a +2.25% 3-day Advance, the price is estimated to grow further. Considering data from situations where TM advanced for three days, in 172 of 316 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.
TM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 14 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.941) is normal, around the industry mean (8.703). P/E Ratio (8.439) is within average values for comparable stocks, (493.775). Projected Growth (PEG Ratio) (1.556) is also within normal values, averaging (2.450). Dividend Yield (0.032) settles around the average of (0.017) among similar stocks. P/S Ratio (0.733) is also within normal values, averaging (2.589).
The Tickeron Seasonality Score of 24 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 45 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 45 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 58 (best 1 - 100 worst), indicating steady price growth. TM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 84 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
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General Information
a manufacturer of motor vehicles and parts
Industry MotorVehicles
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