FY2027 Earnings Forecast for Target Issued By Zacks Research

Target Corporation (NYSE:TGT) – Stock analysts at Zacks Research boosted their FY2027 EPS estimates for shares of Target in a note issued to investors on Tuesday, September 1st. Zacks Research analyst Team now anticipates that the retailer will post earnings per share of $8.92 for the year, up from their prior estimate of $8.38. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Target’s current full-year earnings is $8.84 per share.

Other equities research analysts have also recently issued reports about the stock. Argus set a $150.00 price target on shares of Target in a report on Friday, May 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $154.00 target price on shares of Target in a report on Thursday, August 20th. JPMorgan Chase & Co. upped their price target on Target from $129.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Bank of America reiterated an “underperform” rating and set a $124.00 target price (up from $110.00) on shares of Target in a research note on Wednesday, August 12th. Finally, Wells Fargo & Company increased their target price on shares of Target from $165.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Target presently has an average rating of “Hold” and a consensus price target of $159.52.

Target Stock Performance

Shares of NYSE TGT opened at $163.43 on Thursday. The business’s 50-day simple moving average is $145.87 and its 200-day simple moving average is $131.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.36 and a current ratio of 0.99. Target has a 52 week low of $83.44 and a 52 week high of $170.75. The firm has a market cap of $74.25 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 3.05 and a beta of 0.99.

Target (NYSE:TGT) last posted its earnings results on Wednesday, August 19th. The retailer reported $4.11 EPS for the quarter, topping the consensus estimate of $2.35 by $1.76. Target had a net margin of 4.08% and a return on equity of 23.23%. The firm had revenue of $26.54 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the prior year, the business posted $2.05 earnings per share. The business’s quarterly revenue was up 5.3% on a year-over-year basis. Target has set its FY 2026 guidance at 9.900-10.900 EPS.

Institutional Trading of Target

Several hedge funds have recently modified their holdings of TGT. Kimelman & Baird LLC bought a new stake in Target during the 2nd quarter worth approximately $26,000. Richardson Financial Services Inc. bought a new position in Target in the 2nd quarter valued at $26,000. Archer Investment Corp bought a new position in Target in the 2nd quarter valued at $30,000. WFA of San Diego LLC acquired a new position in Target in the second quarter worth $25,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of Target during the fourth quarter worth $25,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Insider Buying and Selling at Target

In related news, insider Melissa K. Kremer sold 15,500 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $169.96, for a total transaction of $2,634,380.00. Following the completion of the sale, the insider owned 56,981 shares in the company, valued at $9,684,490.76. This trade represents a 21.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Matthew A. Liegel sold 926 shares of Target stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $163.51, for a total transaction of $151,410.26. Following the transaction, the chief accounting officer directly owned 12,266 shares of the company’s stock, valued at $2,005,613.66. This represents a 7.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Target Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th were paid a $1.16 dividend. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $4.64 annualized dividend and a yield of 2.8%. This is a positive change from Target’s previous quarterly dividend of $1.14. Target’s payout ratio is presently 48.18%.

Trending Headlines about Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts across several future periods, including FY2028 EPS to $9.53 from $8.90 and FY2029 EPS to $10.18 from $9.52. The revisions suggest analysts see improving profitability and provide a favorable fundamental backdrop for Target (TGT), although Zacks maintained a “Hold” rating. Target earnings estimate revisions
• Positive Sentiment: A separate analysis compares Target with Costco and examines which discount retailer offers better value. Target’s lower valuation relative to Costco may attract investors seeking a more inexpensive retail recovery and could support the stock if earnings continue to improve. TGT or COST value comparison
• Neutral Sentiment: A comparison of Target and Maison Solutions evaluates the companies’ valuation, profitability, growth and analyst outlook. The article provides relative-investment context rather than a new company-specific catalyst for TGT. Contrasting Target and Maison Solutions
• Negative Sentiment: Target’s stock has gained about 66% in 2026, substantially outperforming the retail sector and the S&P 500. The rally and proximity to the $200 threshold raise the bar for continued upside; investors may now require stronger sales, margins and guidance to justify additional re-rating. Target stock outlook toward $200

Target Company Profile

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.