Oppenheimer Issues Pessimistic Forecast for Lowe’s Companies (NYSE:LOW) Stock Price

Lowe’s Companies (NYSE:LOW) had its price target reduced by research analysts at Oppenheimer from $315.00 to $275.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the home improvement retailer’s stock. Oppenheimer’s price objective points to a potential upside of 25.84% from the stock’s current price.

LOW has been the subject of several other reports. William Blair assumed coverage on shares of Lowe’s Companies in a research note on Tuesday, May 12th. They issued an “overweight” rating on the stock. Craig Hallum raised shares of Lowe’s Companies to a “buy” rating in a report on Tuesday, May 12th. BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. Citigroup raised Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price target for the company in a research report on Tuesday, May 12th. Finally, Guggenheim upped their price objective on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $284.79.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $218.54 on Monday. The business’s fifty day moving average price is $238.04 and its 200 day moving average price is $248.86. Lowe’s Companies has a 1-year low of $210.33 and a 1-year high of $293.06. The firm has a market capitalization of $122.39 billion, a PE ratio of 18.44, a P/E/G ratio of 4.18 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company had revenue of $20.59 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter last year, the company earned $1.93 earnings per share. Lowe’s Companies’s quarterly revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Equities research analysts expect that Lowe’s Companies will post 12.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LOW. Swiss RE Ltd. acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in shares of Lowe’s Companies in the fourth quarter worth $27,000. Activest Wealth Management raised its holdings in Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 51 shares in the last quarter. OLD Second National Bank of Aurora boosted its stake in Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Finally, United Financial Planning Group LLC acquired a new position in Lowe’s Companies during the 3rd quarter worth $31,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

About Lowe’s Companies

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.