Trend Micro Incorporated (JP:4704)
:4704
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4704 Stock Chart & Stats
¥5688.00
-¥66.00(-0.80%)
At close: 4:00 PM EST
¥5688.00
-¥66.00(-0.80%)
Day’s Range― - ―
52-Week Range¥4,789.00 - ¥11,410.00
Previous CloseN/A
Volume321.90K
Average Volume (3M)775.08K
Market Cap
¥716.75B
Enterprise Value¥561.12B
Total Cash (Recent Filing)¥231.03B
Total Debt (Recent Filing)¥0.00
Price to Earnings (P/E)24.8
Beta0.31
Next Earnings
May 14, 2026EPS Estimate
86.65Next Dividend Ex-DateN/A
Dividend Yield2.57%
Share Statistics
EPS (TTM)57.56
Shares Outstanding140,901,610
10 Day Avg. Volume999,720
30 Day Avg. Volume775,083
Financial Highlights & Ratios
PEG Ratio18.99
Price to Book (P/B)6.55
Price to Sales (P/S)3.10
P/FCF Ratio13.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,178.57Price Target Upside8.62% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)291.28
Revenue Forecast (FY)¥295.54B
Bulls Say, Bears Say
Bulls Say
Debt-free Balance Sheet & Strong ROETrend Micro's zero-debt balance sheet materially lowers financial risk and preserves optionality for investments or buybacks. Coupled with mid-to-high 20% ROE, this indicates efficient capital use and durable financial resilience to fund strategy over the next several quarters.
High Gross Margins And Margin RecoverySustained gross margins near 75% and a rebound to ~21% EBIT margin reflect scalable software economics and operating leverage. These margins support cash generation and investment capacity, making profitability more resilient to cyclical swings over a 2–6 month horizon.
Vision One Platform Momentum (NRR, ARR/customer)High net revenue retention (~130%) and materially higher ARR per Vision One customer show strong upsell and stickiness. A growing attachment base and platform mix create durable recurring revenue expansion and cross-sell runway that supports ARR growth and margin sustainability over time.
Bears Say
ARR Growth DecelerationA slowdown in ARR growth to about 2% weakens the core recurring revenue momentum that underpins predictable cash flow. Recovering ARR growth will require sustained execution on GTM, product-sell motion, and pricing changes, making near-term revenue visibility more uncertain.
Planned Investments To TrendAI/VicOne/Magna AI Pressure Operating IncomeManagement's strategic investments increase execution risk and will reduce operating income in the near term. While aimed at long-term growth, these investments raise the stakes for successful scaling and delay margin recovery, pressuring free cash flow timing and profit metrics.
Rising Cloud/platform Costs And Early-stage LossesSubstantial cloud costs for Vision One and initial losses from new ventures create structural margin headwinds. These recurring platform expenses and scaling losses can weigh on unit economics and require sustained ARR uplift or efficiency gains to restore long-term operating leverage.
Trend Micro News
4704 FAQ
What was Trend Micro Incorporated’s price range in the past 12 months?
Trend Micro Incorporated lowest stock price was ¥4789.00 and its highest was ¥11410.00 in the past 12 months.
What is Trend Micro Incorporated’s market cap?
Trend Micro Incorporated’s market cap is ¥716.75B.
When is Trend Micro Incorporated’s upcoming earnings report date?
Trend Micro Incorporated’s upcoming earnings report date is May 14, 2026 which is in 24 days.
How were Trend Micro Incorporated’s earnings last quarter?
Trend Micro Incorporated released its earnings results on Feb 18, 2026. The company reported ¥57.56 earnings per share for the quarter, beating the consensus estimate of ¥49.877 by ¥7.683.
Is Trend Micro Incorporated overvalued?
According to Wall Street analysts Trend Micro Incorporated’s price is currently Undervalued.
Does Trend Micro Incorporated pay dividends?
Trend Micro Incorporated pays a Annually dividend of ¥184 which represents an annual dividend yield of 2.57%. See more information on Trend Micro Incorporated dividends here
What is Trend Micro Incorporated’s EPS estimate?
Trend Micro Incorporated’s EPS estimate is 86.65.
How many shares outstanding does Trend Micro Incorporated have?
Trend Micro Incorporated has 140,901,610 shares outstanding.
What happened to Trend Micro Incorporated’s price movement after its last earnings report?
Trend Micro Incorporated reported an EPS of ¥57.56 in its last earnings report, beating expectations of ¥49.877. Following the earnings report the stock price went down -0.939%.
Which hedge fund is a major shareholder of Trend Micro Incorporated?
Currently, no hedge funds are holding shares in JP:4704
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Trend Micro Incorporated
Trend Micro Incorporated develops and sells security-related software for computers and the Internet primarily in Japan. The company offers hybrid cloud security solutions, such conformity, workload, container, file storage, application, network, and open-source security products. It also provides intrusion prevention, threat protection, industrial and mobile network security products, as well as offers email, mobile, web, and industrial endpoint security products. In addition, the company offers cloud migration, cloud-native app development, cloud operational, data center security, and SaaS application solutions. Further, it provides ICS/OT, connected car, and 5G security solutions, as well as offers ransomware, end-of-support systems, compliance, detection, and response solutions. It serves oil and gas, healthcare, manufacturing, and electric utility industries. The company was incorporated in 1965 and is headquartered in Tokyo, Japan.
4704 Company Deck
4704 Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed constructive progress: record revenues and operating profit, clear momentum for the Vision One platform (strong attachment, high NRR, expanding ARR per customer), and a strategic shift toward ARR-centric measurement and platform-based GTM. At the same time, management flagged real near-term challenges — ARR growth deceleration, pre-GAAP softness, consumer legacy disruption, increased cloud and start-up costs, and planned investments that pressure operating income. Management presented a coherent transformation plan (GTM, pricing, Flex model) and explicit growth/investment trade-offs for 2026.View all JP:4704 earnings summaries4704 Stock 12 Month Forecast
Average Price Target
¥6,178.57
▲(8.62% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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