Research Analysts Offer Predictions for Target Q1 Earnings

Target Co. (NYSE:TGT) – Research analysts at Roth Capital reduced their Q1 2026 earnings per share estimates for shares of Target in a report released on Wednesday, March 5th. Roth Capital analyst W. Kirk now anticipates that the retailer will post earnings of $1.92 per share for the quarter, down from their previous forecast of $2.16. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Roth Capital also issued estimates for Target’s Q2 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.61 EPS and FY2026 earnings at $9.34 EPS.

A number of other research firms also recently commented on TGT. DA Davidson reduced their target price on Target from $153.00 to $140.00 and set a “buy” rating on the stock in a research report on Wednesday. Hsbc Global Res lowered shares of Target from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 20th. BMO Capital Markets dropped their price target on shares of Target from $160.00 to $120.00 and set a “market perform” rating for the company in a research note on Thursday, November 21st. Wells Fargo & Company reduced their price objective on Target from $150.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, HSBC lowered Target from a “buy” rating to a “hold” rating and set a $138.00 target price for the company. in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $148.23.

Target Stock Performance

Target stock opened at $116.70 on Thursday. The stock has a market cap of $53.47 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 1.94 and a beta of 1.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. The firm has a 50 day simple moving average of $132.91 and a 200-day simple moving average of $141.92. Target has a 1-year low of $112.53 and a 1-year high of $181.86.

Target (NYSE:TGT) last announced its quarterly earnings data on Tuesday, March 4th. The retailer reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.17. Target had a net margin of 4.06% and a return on equity of 31.11%. The firm had revenue of $30.92 billion during the quarter, compared to analyst estimates of $30.83 billion.

Hedge Funds Weigh In On Target

Hedge funds and other institutional investors have recently bought and sold shares of the business. Thrivent Financial for Lutherans grew its stake in shares of Target by 1.8% in the third quarter. Thrivent Financial for Lutherans now owns 28,025 shares of the retailer’s stock valued at $4,368,000 after buying an additional 490 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of Target by 25.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 17,977 shares of the retailer’s stock valued at $2,430,000 after acquiring an additional 3,590 shares during the period. Northeast Financial Group Inc. bought a new position in Target in the 4th quarter valued at about $1,566,000. D.A. Davidson & CO. raised its position in Target by 8.6% during the third quarter. D.A. Davidson & CO. now owns 119,458 shares of the retailer’s stock valued at $18,619,000 after purchasing an additional 9,510 shares in the last quarter. Finally, LMG Wealth Partners LLC bought a new stake in shares of Target during the 4th quarter worth $1,438,000. 79.73% of the stock is owned by institutional investors.

Target Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th were given a dividend of $1.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.84%. Target’s payout ratio is currently 50.56%.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.