Target (TGT) stock fair value rises after Q2 spurs higher analyst targets. Q2 results drove analyst target increases and fair value uplift for Target stock.
| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | 1 | — | 2 | 1 | — | 3 | — |
| total | individual payouts | |
|---|---|---|
| 2029 | ‡‡‡‡‡ |
|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 4.55 |
—
—
—
|
| 2025 | 4.52 |
—
—
—
—
|
| 2024 | 4.44 |
—
—
—
—
|
| 2023 | 4.36 |
—
—
—
—
|
| 2022 | 3.96 |
—
—
—
—
|
| 2021 | 3.16 |
—
—
—
—
|
| 2020 | 2.68 |
—
—
—
—
|
| 2019 | 2.60 |
—
—
—
—
|
| 2018 | 2.52 |
—
—
—
—
|
| 2017 | 2.44 |
—
—
—
—
|
| 2016 | 2.32 |
—
—
—
—
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 3,805.00 | 4,762.00 | 5,488.00 | 5,411.00 |
| Receivables | — | — | — | — |
| Inventory | 11,886.00 | 12,740.00 | 12,304.00 | 13,249.00 |
| Other | 1,807.00 | 1,952.00 | 2,213.00 | 2,268.00 |
| 17,498.00 | 19,454.00 | 20,005.00 | 20,928.00 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 12,098.00 | 13,053.00 | 12,622.00 | 13,306.00 |
| ST’ Debt | 1,116.00 | 1,636.00 | 2,130.00 | 1,136.00 |
| Other | — | — | — | — |
| 19,304.00 | 20,799.00 | 21,230.00 | 21,180.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 25,443.00 | 26,539.00 | — | — |
—
|
| ’26 | 23,846.00 | 25,211.00 | 25,270.00 | 30,453.00 |
104,780.00
|
| ’25 | 24,531.00 | 25,452.00 | 25,668.00 | 30,915.00 |
106,566.00
|
| ’24 | 25,322.00 | 24,773.00 | 25,398.00 | 31,919.00 |
107,412.00
|
| ’23 | 25,170.00 | 26,037.00 | 26,518.00 | 31,395.00 |
109,120.00
|
| ’22 | 24,197.00 | 25,160.00 | 25,652.00 | 30,996.00 |
106,005.00
|
| ’21 | 19,615.00 | 22,975.00 | 22,632.00 | 28,339.00 |
93,561.00
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 716.00 | 3,803.00 | — | — |
—
|
| ’26 | 275.00 | 2,083.00 | 1,127.00 | 3,077.00 |
6,562.00
|
| ’25 | 1,101.00 | 2,238.00 | 739.00 | 3,289.00 |
7,367.00
|
| ’24 | 1,265.00 | 2,133.00 | 1,934.00 | 3,289.00 |
8,621.00
|
| ’23 | (1,394.00) | 1,347.00 | 599.00 | 3,466.00 |
4,018.00
|
| ’22 | 1,139.00 | 2,283.00 | 2,175.00 | 3,028.00 |
8,625.00
|
| ’21 | 1,284.00 | 3,832.00 | 1,928.00 | 3,481.00 |
10,525.00
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | (319.00) | 2,434.00 | — | — |
—
|
| ’26 | (515.00) | 1,009.00 | 149.00 | 2,192.00 |
2,835.00
|
| ’25 | 427.00 | 1,599.00 | 84.00 | 2,366.00 |
4,476.00
|
| ’24 | (338.00) | 917.00 | 825.00 | 2,411.00 |
3,815.00
|
| ’23 | (2,344.00) | (222.00) | (1,201.00) | 2,265.00 |
(1,502.00)
|
| ’22 | 611.00 | 1,488.00 | 1,038.00 | 1,971.00 |
5,108.00
|
| ’21 | 539.00 | 3,173.00 | 1,350.00 | 2,856.00 |
7,918.00
|
| Apr | Jul | Oct | Jan | Year | |
|---|---|---|---|---|---|
| ’26 | 1.71 | 4.11 | — | — |
—
|
| ’26 | 2.27 | 2.05 | 1.51 | 2.30 |
8.13
|
| ’25 | 2.03 | 2.57 | 1.85 | 2.41 |
8.86
|
| ’24 | 2.05 | 1.80 | 2.10 | 2.98 |
8.94
|
| ’23 | 2.16 | 0.39 | 1.54 | 1.89 |
5.98
|
| ’22 | 4.17 | 3.65 | 3.04 | 3.21 |
14.10
|
| ’21 | 0.56 | 3.35 | 2.01 | 2.73 |
8.64
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 137.16 | 102.93 | 120.21 | 83.44 | 97.07 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 254.87 | 181.70 | 181.86 | 145.08 | 170.75 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 450,000 | 440,000 | 415,000 | 440,000 | 415,000 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.24 | 0.25 | 0.26 | 0.24 | 0.25 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 106,005.00 | 109,120.00 | 107,412.00 | 106,566.00 | 104,780.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.28% | 24.57% | 27.54% | 28.21% | 27.93% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,907.00 | 3,418.00 | 5,297.00 | 5,261.00 | 4,767.00 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.40% | 3.13% | 4.93% | 4.94% | 4.55% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6,946.00 | 2,780.00 | 4,138.00 | 4,091.00 | 3,705.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,642.00 | 2,700.00 | 2,801.00 | 2,981.00 | 3,134.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 217.18 | 236.14 | 232.75 | 231.46 | 230.74 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 14.23 | 6.02 | 8.96 | 8.89 | 8.16 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.67 | 8.70 | 18.68 | 16.00 | 14.45 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (7.21) | (11.95) | (10.41) | (6.28) | (8.21) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.47 | (3.25) | 8.27 | 9.72 | 6.24 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 26.28 | 24.31 | 29.11 | 31.85 | 35.60 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 488.10 | 462.10 | 461.50 | 460.40 | 454.10 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.53 | 28.59 | 15.52 | 15.50 | 13.41 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.02 | 0.73 | 0.60 | 0.60 | 0.47 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.39 | 7.08 | 4.78 | 4.33 | 3.08 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.09 | 0.86 | 0.71 | 0.70 | 0.58 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.59 | (62.22) | 20.03 | 16.68 | 21.41 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,625.00 | 4,018.00 | 8,621.00 | 7,367.00 | 6,562.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3,517.00) | (5,520.00) | (4,806.00) | (2,891.00) | (3,727.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,108.00 | (1,502.00) | 3,815.00 | 4,476.00 | 2,835.00 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (174.00) | (1,654.00) | (1,806.00) | (1,345.00) | (1,225.00) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13,720.00 | 16,139.00 | 16,038.00 | 15,940.00 | 16,456.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,809.00 | 13,910.00 | 12,233.00 | 11,178.00 | 10,968.00 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12,827.00 | 11,232.00 | 13,432.00 | 14,666.00 | 16,165.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13.22% | 5.19% | 7.61% | 7.23% | 6.32% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.09% | 9.57% | 13.90% | 13.46% | 11.79% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.95% | 23.11% | 33.55% | 29.12% | 24.03% | — | — | — |
ROE
|
Target Corporation rode the COVID sales boom to $106 billion in revenue by 2022, but reality bit hard with 2023’s inventory glut, markdown carnage, and profitability plunge—gross margins cratered 17% to 24.6%, net income halved to $2.78 billion, and free cash flow flipped negative for the first time since 2016. Partial 2024 recovery (revenue $107.4 billion, margins at 27.5%) masks vulnerabilities: flat-to-low-single-digit growth projected through 2028, squeezed by inflation, theft costing millions, and e-commerce giants like Amazon and Walmart eroding pricing power. Aggressive buybacks juiced per-share metrics (revenue per share up 98% since 2016), but at what cost when capex devours cash and debt has ballooned 40%?
Balance sheet resilience shines with $13.4 billion equity and ROE at 33.6%, yet insider sells (no buys) scream caution amid consumer wallet tightening and social boycotts. Stock trades near 2024 highs around $181, with analyst targets implying 11% downside on average—up to 46% if margins falter further. ROIC and FCF swings underscore execution risks in a high-capex world.
This dividend aristocrat offers defensive yield, but contrarian eyes spot downside skew: hold tight, trim on pops, as flawless recovery feels like wishful thinking in a deleveraging economy.
Keep track of companies that you follow and research.
Full access to our data with predictions and indicators that we calculate daily.
Full access to our screener with tons of custom values and customizable email notifications.
Excel export of financials and screeners you define and save.