--- title: "Target (NYSE:TGT) Updates FY 2026 Earnings Guidance" type: "News" locale: "en" url: "https://longbridge.com/en/news/287053054.md" description: "Target (NYSE:TGT) has updated its FY 2026 earnings guidance, projecting EPS of 7.500-8.500, above the consensus estimate of 7.720. Revenue guidance is set at $108.5 billion-$109.5 billion, exceeding the consensus of $106.4 billion. The company also declared a quarterly dividend of $1.14, with a yield of 3.6%. Recent analyst ratings show a mix of upgrades and holds, with a consensus rating of 'Hold' and an average target price of $119.93." datetime: "2026-05-20T11:04:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287053054.md) - [en](https://longbridge.com/en/news/287053054.md) - [zh-HK](https://longbridge.com/zh-HK/news/287053054.md) --- # Target (NYSE:TGT) Updates FY 2026 Earnings Guidance Target (NYSE:TGT - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 7.500-8.500 for the period, compared to the consensus estimate of 7.720. The company issued revenue guidance of $108.5 billion-$109.5 billion, compared to the consensus revenue estimate of $106.4 billion. ## Analyst Upgrades and Downgrades - MAMA Says a Fresh High Could Come Before Mid-Year Several equities research analysts have recently issued reports on the stock. Wolfe Research raised shares of Target from an "underperform" rating to a "peer perform" rating in a research report on Tuesday, January 27th. Piper Sandler upped their price target on shares of Target from $119.00 to $121.00 and gave the stock a "neutral" rating in a research report on Friday. KeyCorp reissued a "sector weight" rating on shares of Target in a research report on Wednesday, March 4th. Royal Bank Of Canada restated an "outperform" rating and set a $132.00 price objective on shares of Target in a research note on Friday, May 8th. Finally, Guggenheim upped their target price on Target from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Eleven research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $119.93. **Read Our Latest Research Report on TGT** ## Target Stock Up 2.9% - MarketBeat Week in Review – 03/30 - 04/03 Shares of NYSE TGT opened at $127.00 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. Target has a 1 year low of $83.44 and a 1 year high of $133.10. The stock's 50-day simple moving average is $122.19 and its 200-day simple moving average is $109.05. The firm has a market cap of $57.68 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 3.67 and a beta of 1.01. Target (NYSE:TGT - Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating analysts' consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter in the prior year, the business posted $2.41 earnings per share. Target's revenue for the quarter was down 1.5% on a year-over-year basis. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. As a group, equities analysts anticipate that Target will post 8.05 earnings per share for the current fiscal year. ## Target Dividend Announcement - Target Has Surged in 2026--Wall Street May Be Ready to Hit Pause The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, May 13th. Target's payout ratio is 56.09%. ## Insider Transactions at Target In related news, CAO Matthew A. Liegel sold 2,053 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total value of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares of the company's stock, valued at $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.16% of the stock is owned by corporate insiders. ## Target News Summary Here are the key news stories impacting Target this week: - Positive Sentiment: Target said it hired Jeff England, a 20-year supply-chain and logistics veteran and former Walmart executive, as its new chief global supply chain and logistics officer. Investors may see the move as a sign Target is prioritizing operational improvements and faster execution to support sales recovery. Target Names Jeff England EVP, Chief Global Supply Chain and Logistics Officer - Positive Sentiment: Wall Street is watching Target’s Q1 results closely as a potential gauge of the broader retail sector and U.S. consumer health, which can increase trading interest and keep expectations elevated into the report. Target vs Walmart: Which Retail Giant is the Better Investment as Q1 Results Approach? - Neutral Sentiment: Target also announced it will webcast its first-quarter earnings call on Wednesday morning, reinforcing that a major catalyst is imminent rather than providing new fundamental information. Target Corporation to Webcast 1st Quarter Earnings Conference Call on Wednesday, May 20, 2026 - Neutral Sentiment: Analysts are framing the quarter as a balance between improving categories like beauty and essentials and ongoing pressure from weaker discretionary spending and costs, leaving sentiment mixed heading into earnings. Target to Report Q1 Earnings: Is Another Beat in the Cards? - Negative Sentiment: Recent coverage from the Wall Street Journal emphasized Target’s yearslong sales slump and the need for a supply-chain reset, underscoring the turnaround risk investors are still weighing. Target Plans to Name a New Supply-Chain Head as It Struggles With Weak Sales ## Hedge Funds Weigh In On Target A number of hedge funds have recently bought and sold shares of TGT. Jessup Wealth Management Inc bought a new position in Target during the 4th quarter worth approximately $25,000. WFA of San Diego LLC bought a new stake in shares of Target in the 2nd quarter valued at approximately $25,000. Altshuler Shaham Ltd acquired a new stake in shares of Target during the 4th quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC bought a new position in Target during the fourth quarter worth $36,000. Finally, Darwin Wealth Management LLC bought a new position in Target during the second quarter worth $37,000. 79.73% of the stock is currently owned by institutional investors and hedge funds. ## Target Company Profile (Get Free Report) 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. ## See Also - Five stocks we like better than Target - HIVE Weaponizes Power for an AI Pivot - A Deep Dive Into NVIDIA’s Latest Portfolio Moves - Brady Corp Wires Up a Massive AI-Powered Breakout - Why Home Depot’s Sell-Off Could Become a Huge Opportunity _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Target Right Now? Before you consider Target, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target wasn't on the list. While Target currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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