Target Q1 EPS Forecast Decreased by Telsey Advisory Group

Target Co. (NYSE:TGT) – Analysts at Telsey Advisory Group reduced their Q1 2026 earnings per share estimates for Target in a report released on Wednesday, March 5th. Telsey Advisory Group analyst J. Feldman now expects that the retailer will earn $1.79 per share for the quarter, down from their prior forecast of $1.98. Telsey Advisory Group has a “Outperform” rating and a $145.00 price target on the stock. The consensus estimate for Target’s current full-year earnings is $8.69 per share. Telsey Advisory Group also issued estimates for Target’s Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $2.77 EPS, FY2026 earnings at $9.30 EPS and FY2027 earnings at $10.14 EPS.

Other analysts also recently issued reports about the company. Evercore ISI decreased their price target on Target from $135.00 to $130.00 and set an “in-line” rating for the company in a report on Wednesday. Stifel Nicolaus reduced their target price on Target from $145.00 to $130.00 and set a “hold” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. reduced their target price on Target from $146.00 to $140.00 and set a “neutral” rating for the company in a research note on Wednesday. Sanford C. Bernstein raised their target price on Target from $139.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company reduced their target price on Target from $150.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Target currently has a consensus rating of “Hold” and an average price target of $147.00.

Target Stock Performance

Shares of Target stock opened at $115.11 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $132.05 and a two-hundred day moving average price of $141.51. Target has a 1-year low of $112.10 and a 1-year high of $181.86. The company has a market cap of $52.74 billion, a P/E ratio of 12.21, a PEG ratio of 1.94 and a beta of 1.18.

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

Institutional Investors Weigh In On Target

Several large investors have recently modified their holdings of TGT. Norges Bank purchased a new stake in shares of Target during the 4th quarter worth approximately $757,892,000. State Street Corp grew its stake in Target by 8.3% in the 3rd quarter. State Street Corp now owns 35,484,252 shares of the retailer’s stock valued at $5,530,576,000 after buying an additional 2,732,801 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Target in the 4th quarter valued at approximately $297,122,000. Ameriprise Financial Inc. grew its stake in Target by 61.2% in the 4th quarter. Ameriprise Financial Inc. now owns 3,968,037 shares of the retailer’s stock valued at $536,407,000 after buying an additional 1,506,275 shares in the last quarter. Finally, Two Sigma Advisers LP grew its stake in Target by 173.2% in the 3rd quarter. Two Sigma Advisers LP now owns 2,369,400 shares of the retailer’s stock valued at $369,295,000 after buying an additional 1,502,200 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th were paid a dividend of $1.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $4.48 annualized dividend and a dividend yield of 3.89%. Target’s payout ratio is currently 50.56%.

Target Company Profile

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.