Lowe's Companies (LOW) Stock Forecast, Price Target & Predictions
LOW Stock Forecast
Lowe's Companies stock forecast is as follows: an average price target of $253.12 (represents a -0.90% downside from LOW’s last price of $255.41) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.
LOW Price Target
The average price target for Lowe's Companies (LOW) is $253.12 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $210.00. This represents a potential -0.90% downside from LOW's last price of $255.41.
LOW Analyst Ratings
According to 22 Wall Street analysts, Lowe's Companies's rating consensus is 'Buy'. The analyst rating breakdown for LOW stock is 0 'Strong Buy' (0.00%), 11 'Buy' (50.00%), 11 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lowe's Companies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 21, 2024 | Peter Keith | Piper Sandler | $262.00 | $242.44 | 8.07% | 2.58% |
| Aug 21, 2024 | Steven Forbes | Guggenheim | $260.00 | $240.33 | 8.18% | 1.80% |
| Aug 21, 2024 | Peter Benedict | Robert W. Baird | $265.00 | $241.70 | 9.64% | 3.75% |
| Aug 21, 2024 | Robert Ohmes | Bank of America Securities | $275.00 | $240.33 | 14.43% | 7.67% |
| Aug 20, 2024 | Christopher Horvers | J.P. Morgan | $272.00 | $243.21 | 11.84% | 6.50% |
| May 22, 2024 | Joseph Feldman | Telsey Advisory | $230.00 | $222.48 | 3.38% | -9.95% |
| May 22, 2024 | Simeon Gutman | Morgan Stanley | $250.00 | $222.48 | 12.37% | -2.12% |
| May 22, 2024 | Robert Ohmes | Robert W. Baird | $280.00 | $222.48 | 25.85% | 9.63% |
| May 22, 2024 | Scot Ciccarelli | Truist Financial | $265.00 | $224.86 | 17.85% | 3.75% |
| May 22, 2024 | Peter Keith | Piper Sandler | $264.00 | $222.43 | 18.69% | 3.36% |
The latest Lowe's Companies stock forecast, released on Aug 21, 2024 by Peter Keith from Piper Sandler, set a price target of $262.00, which represents a 8.07% increase from the stock price at the time of the forecast ($242.44), and a 2.58% increase from LOW last price ($255.41).
Lowe's Companies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 5 | 21 |
| Avg Price Target | $266.80 | $266.80 | $256.62 |
| Last Closing Price | $255.41 | $255.41 | $255.41 |
| Upside/Downside | 4.46% | 4.46% | 0.47% |
In the current month, the average price target of Lowe's Companies stock is $266.80, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 4.46% increase as opposed to Lowe's Companies's last price of $255.41. This month's average price target is down 0.00% compared to last quarter, and up 3.97% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Wedbush | Neutral | Neutral | Hold |
| Aug 21, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 21, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 21, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 21, 2024 | Evercore ISI | Underperform | Underperform | Hold |
| Aug 21, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 21, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Aug 21, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 21, 2024 | UBS | Buy | Buy | Hold |
| Aug 21, 2024 | Guggenheim | Buy | Buy | Hold |
Lowe's Companies's last stock rating was published by Wedbush on Aug 21, 2024. The company gave LOW a "Neutral" rating, the same as its previous rate.
Lowe's Companies Financial Forecast
Lowe's Companies Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $18.60B | $20.47B | $24.96B | $22.35B | $22.45B | - | - | - | $21.34B | $24.42B | $27.57B | $22.92B | $20.31B | $19.68B | $27.30B | - | $16.03B | - |
| Avg Forecast | $19.29B | $21.06B | $24.69B | $21.97B | $18.66B | $20.36B | $23.94B | $21.44B | $18.13B | $19.89B | $23.87B | $21.14B | $18.47B | $20.87B | $24.97B | $21.60B | $22.71B | $23.12B | $28.12B | $23.76B | $20.92B | $22.08B | $26.76B | $23.81B | $19.42B | $21.17B | $24.32B | $18.34B | $16.15B | $17.69B |
| High Forecast | $19.44B | $21.23B | $24.89B | $22.15B | $18.81B | $20.52B | $24.14B | $21.62B | $18.32B | $20.03B | $24.07B | $21.31B | $18.62B | $21.76B | $25.17B | $21.78B | $22.89B | $23.30B | $28.40B | $24.32B | $21.33B | $22.51B | $27.27B | $24.27B | $19.80B | $21.58B | $24.79B | $18.69B | $16.46B | $18.03B |
| Low Forecast | $19.15B | $20.92B | $24.52B | $21.82B | $18.53B | $20.22B | $23.78B | $21.30B | $17.99B | $19.78B | $23.71B | $20.99B | $18.34B | $20.33B | $24.80B | $21.45B | $22.55B | $22.96B | $27.91B | $23.30B | $20.62B | $21.76B | $26.36B | $23.46B | $19.14B | $20.86B | $23.96B | $18.07B | $15.91B | $17.43B |
| # Analysts | 13 | 8 | 14 | 8 | 9 | 7 | 9 | 15 | 17 | 17 | 8 | 12 | 8 | 17 | 8 | 8 | 14 | 8 | 15 | 7 | 7 | 8 | 8 | 14 | 8 | 15 | 8 | 6 | 4 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.98% | 1.00% | 1.03% | 0.99% | - | - | - | 1.02% | 1.11% | 1.03% | 0.96% | 1.05% | 0.93% | 1.12% | - | 0.99% | - |
Lowe's Companies's average Quarter revenue forecast for May 24 based on 12 analysts is $21.14B, with a low forecast of $20.99B, and a high forecast of $21.31B. LOW's average Quarter revenue forecast represents a 13.64% increase compared to the company's last Quarter revenue of $18.60B (Feb 24).
Lowe's Companies EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 14 | 8 | 9 | 7 | 9 | 15 | 17 | 17 | 8 | 12 | 8 | 17 | 8 | 8 | 14 | 8 | 15 | 7 | 7 | 8 | 8 | 14 | 8 | 15 | 8 | 6 | 4 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.26B | $3.18B | $4.36B | $3.75B | $2.18B | - | - | - | $2.35B | $3.69B | $4.68B | $3.27B | $1.97B | $2.36B | $4.33B | - | $1.34B | - |
| Avg Forecast | $2.59B | $2.82B | $3.31B | $2.95B | $2.50B | $2.73B | $3.21B | $2.88B | $2.43B | $2.67B | $3.20B | $2.72B | $2.48B | $2.80B | $3.35B | $2.47B | $3.04B | $4.81B | $3.77B | $3.19B | $2.75B | $4.37B | $2.86B | $1.78B | $1.53B | $3.16B | $3.26B | $1.30B | $2.17B | $2.37B |
| High Forecast | $2.61B | $2.85B | $3.34B | $2.97B | $2.52B | $2.75B | $3.24B | $2.90B | $2.46B | $2.69B | $3.23B | $3.27B | $2.50B | $2.92B | $3.38B | $2.97B | $3.07B | $5.77B | $3.81B | $3.26B | $3.31B | $5.25B | $3.43B | $2.13B | $1.84B | $3.79B | $3.33B | $1.56B | $2.21B | $2.42B |
| Low Forecast | $2.57B | $2.80B | $3.29B | $2.93B | $2.49B | $2.71B | $3.19B | $2.86B | $2.41B | $2.65B | $3.18B | $2.18B | $2.46B | $2.73B | $3.33B | $1.98B | $3.02B | $3.85B | $3.74B | $3.12B | $2.20B | $3.50B | $2.28B | $1.42B | $1.23B | $2.53B | $3.21B | $1.04B | $2.13B | $2.34B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.14% | 1.30% | 1.52% | 0.71% | - | - | - | 0.85% | 0.84% | 1.64% | 1.84% | 1.29% | 0.75% | 1.33% | - | 0.62% | - |
12 analysts predict LOW's average Quarter EBITDA for May 24 to be $2.72B, with a high of $3.27B and a low of $2.18B. This is 20.30% upper than Lowe's Companies's previous annual EBITDA (Feb 24) of $2.26B.
Lowe's Companies Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 14 | 8 | 9 | 7 | 9 | 15 | 17 | 17 | 8 | 12 | 8 | 17 | 8 | 8 | 14 | 8 | 15 | 7 | 7 | 8 | 8 | 14 | 8 | 15 | 8 | 6 | 4 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.77B | $2.67B | $2.26B | $957.00M | - | - | - | $1.21B | $1.90B | $3.02B | $2.32B | $978.00M | $692.00M | $2.83B | - | $510.00M | - |
| Avg Forecast | $1.31B | $1.96B | $2.61B | $1.93B | $1.17B | $1.75B | $2.44B | $1.81B | $1.04B | $1.61B | $2.26B | $1.40B | $956.66M | $1.73B | $2.55B | $1.27B | $1.26B | $3.10B | $2.62B | $1.85B | $1.60B | $2.82B | $1.80B | $881.01M | $695.48M | $2.06B | $1.68B | $493.19M | $525.35M | $777.35M |
| High Forecast | $1.32B | $1.98B | $2.63B | $1.95B | $1.18B | $1.76B | $2.46B | $1.83B | $1.09B | $1.73B | $2.29B | $1.68B | $966.69M | $1.86B | $2.57B | $1.53B | $1.27B | $3.72B | $2.66B | $1.91B | $1.92B | $3.39B | $2.16B | $1.06B | $834.57M | $2.47B | $1.72B | $591.82M | $538.56M | $796.90M |
| Low Forecast | $1.30B | $1.94B | $2.58B | $1.91B | $1.16B | $1.73B | $2.41B | $1.79B | $1.01B | $1.57B | $2.24B | $1.12B | $948.12M | $1.66B | $2.52B | $1.02B | $1.25B | $2.48B | $2.60B | $1.80B | $1.28B | $2.26B | $1.44B | $704.81M | $556.38M | $1.65B | $1.65B | $394.55M | $515.33M | $762.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.03% | 1.05% | 1.77% | 0.76% | - | - | - | 0.75% | 0.67% | 1.68% | 2.63% | 1.41% | 0.34% | 1.68% | - | 0.97% | - |
Lowe's Companies's average Quarter net income forecast for May 24 is $1.40B, with a range of $1.12B to $1.68B. LOW's average Quarter net income forecast represents a 37.73% increase compared to the company's last Quarter net income of $1.02B (Feb 24).
Lowe's Companies SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 14 | 8 | 9 | 7 | 9 | 15 | 17 | 17 | 8 | 12 | 8 | 17 | 8 | 8 | 14 | 8 | 15 | 7 | 7 | 8 | 8 | 14 | 8 | 15 | 8 | 6 | 4 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $3.82B | $3.76B | $4.09B | $3.82B | $5.13B | - | - | - | $4.74B | $4.49B | $4.69B | $4.37B | $4.54B | $4.20B | $5.02B | - | $3.69B | - |
| Avg Forecast | $3.86B | $4.21B | $4.94B | $4.39B | $3.73B | $4.07B | $4.79B | $4.29B | $3.62B | $3.98B | $4.77B | $5.50B | $3.69B | $4.17B | $4.99B | $5.00B | $4.54B | $4.83B | $5.62B | $4.75B | $3.69B | $4.39B | $3.48B | $4.09B | $4.79B | $3.66B | $4.86B | $3.56B | $3.23B | $3.54B |
| High Forecast | $3.89B | $4.25B | $4.98B | $4.43B | $3.76B | $4.10B | $4.83B | $4.32B | $3.66B | $4.01B | $4.81B | $6.60B | $3.72B | $4.35B | $5.03B | $6.00B | $4.58B | $5.79B | $5.68B | $4.86B | $4.42B | $5.26B | $4.18B | $4.91B | $5.75B | $4.39B | $4.96B | $4.28B | $3.29B | $3.60B |
| Low Forecast | $3.83B | $4.18B | $4.90B | $4.36B | $3.71B | $4.04B | $4.76B | $4.26B | $3.60B | $3.96B | $4.74B | $4.40B | $3.67B | $4.07B | $4.96B | $4.00B | $4.51B | $3.86B | $5.58B | $4.66B | $2.95B | $3.51B | $2.79B | $3.27B | $3.84B | $2.93B | $4.79B | $2.85B | $3.18B | $3.48B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.90% | 0.82% | 0.76% | 1.13% | - | - | - | 1.29% | 1.02% | 1.35% | 1.07% | 0.95% | 1.15% | 1.03% | - | 1.14% | - |
Lowe's Companies's average Quarter SG&A projection for May 24 is $5.50B, based on 12 Wall Street analysts, with a range of $4.40B to $6.60B. The forecast indicates a 44.13% rise compared to LOW last annual SG&A of $3.82B (Feb 24).
Lowe's Companies EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 14 | 8 | 9 | 7 | 9 | 15 | 17 | 17 | 8 | 12 | 8 | 17 | 8 | 8 | 14 | 8 | 15 | 7 | 7 | 8 | 8 | 14 | 8 | 15 | 8 | 6 | 4 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.77 | $3.07 | $4.56 | $3.78 | $1.58 | - | - | - | $1.79 | $3.23 | $4.28 | $2.75 | $1.33 | $1.77 | $3.76 | - | $0.67 | - |
| Avg Forecast | $2.30 | $3.44 | $4.57 | $3.39 | $2.04 | $3.06 | $4.27 | $3.17 | $1.82 | $2.82 | $3.97 | $2.95 | $1.68 | $3.03 | $4.47 | $3.44 | $2.21 | $3.09 | $4.58 | $3.22 | $1.73 | $2.35 | $4.02 | $2.61 | $1.21 | $1.98 | $2.92 | $1.32 | $0.91 | $1.35 |
| High Forecast | $2.32 | $3.48 | $4.62 | $3.42 | $2.07 | $3.09 | $4.32 | $3.21 | $1.90 | $3.04 | $4.01 | $2.98 | $1.70 | $3.27 | $4.52 | $3.48 | $2.23 | $3.12 | $4.64 | $3.32 | $1.78 | $2.41 | $4.12 | $2.68 | $1.24 | $2.03 | $2.99 | $1.35 | $0.94 | $1.39 |
| Low Forecast | $2.28 | $3.41 | $4.53 | $3.36 | $2.03 | $3.04 | $4.23 | $3.14 | $1.76 | $2.76 | $3.94 | $2.92 | $1.66 | $2.92 | $4.43 | $3.41 | $2.19 | $3.06 | $4.54 | $3.14 | $1.70 | $2.30 | $3.94 | $2.56 | $1.19 | $1.95 | $2.86 | $1.30 | $0.90 | $1.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.01% | 1.02% | 1.10% | 0.72% | - | - | - | 1.03% | 1.38% | 1.07% | 1.05% | 1.10% | 0.89% | 1.29% | - | 0.73% | - |
According to 12 Wall Street analysts, Lowe's Companies's projected average Quarter EPS for May 24 is $2.95, with a low estimate of $2.92 and a high estimate of $2.98. This represents a 66.72% increase compared to LOW previous annual EPS of $1.77 (Feb 24).
Lowe's Companies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HVT | Haverty Furniture Companies | $27.05 | $42.00 | 55.27% | Buy |
| ARHS | Arhaus | $12.45 | $15.00 | 20.48% | Buy |
| LL | LL Flooring | $0.84 | $1.00 | 19.05% | Hold |
| FND | Floor & Decor | $113.92 | $120.59 | 5.85% | Hold |
| LOW | Lowe's Companies | $255.41 | $253.12 | -0.90% | Buy |
| HD | Home Depot | $379.99 | $371.55 | -2.22% | Buy |
LOW Forecast FAQ
Is Lowe's Companies a good buy?
Yes, according to 22 Wall Street analysts, Lowe's Companies (LOW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 50.00% of LOW's total ratings.
What is LOW's price target?
Lowe's Companies (LOW) average price target is $253.12 with a range of $210 to $300, implying a -0.90% from its last price of $255.41. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lowe's Companies stock go up soon?
According to Wall Street analysts' prediction for LOW stock, the company can go down by -0.90% (from the last price of $255.41 to the average price target of $253.12), up by 17.46% based on the highest stock price target, and down by -17.78% based on the lowest stock price target.
Can Lowe's Companies stock reach $400?
LOW's average twelve months analyst stock price target of $253.12 does not support the claim that Lowe's Companies can reach $400 in the near future.
What is Lowe's Companies's current price target trend?
5 Wall Street analysts forecast a $266.8 price target for Lowe's Companies (LOW) this month, up 4.46% from its last price of $255.41. Compared to the last 3 and 12 months, the average price target increased by 4.46% and increased by 0.47%, respectively.
What are Lowe's Companies's analysts' financial forecasts?
Lowe's Companies's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $84.41B (high $85.09B, low $83.83B), average EBITDA is $11.32B (high $11.41B, low $11.24B), average net income is $7.15B (high $7.23B, low $7.09B), average SG&A $16.88B (high $17.02B, low $16.76B), and average EPS is $12.55 (high $12.68, low $12.44). LOW's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $87.01B (high $87.71B, low $86.41B), average EBITDA is $11.67B (high $11.76B, low $11.59B), average net income is $7.81B (high $7.89B, low $7.74B), average SG&A $17.4B (high $17.54B, low $17.28B), and average EPS is $13.7 (high $13.84, low $13.58).
Did the LOW's actual financial results beat the analysts' financial forecasts?
Based on Lowe's Companies's last annual report (Feb 2024), the company's revenue was $86.38B, beating the average analysts forecast of $85.91B by 0.54%. Apple's EBITDA was $13.46B, beating the average prediction of $11.1B by 21.27%. The company's net income was $7.71B, beating the average estimation of $6.5B by 18.51%. Apple's SG&A was $15.59B, missing the average forecast of $17.86B by -12.71%. Lastly, the company's EPS was $13.24, beating the average prediction of $12.62 by 4.94%. In terms of the last quarterly report (Feb 2024), Lowe's Companies's revenue was $18.6B, beating the average analysts' forecast of $18.47B by 0.72%. The company's EBITDA was $2.26B, missing the average prediction of $2.48B by -8.66%. Lowe's Companies's net income was $1.02B, beating the average estimation of $956.66M by 6.31%. The company's SG&A was $3.82B, beating the average forecast of $3.69B by 3.37%. Lastly, the company's EPS was $1.77, beating the average prediction of $1.68 by 5.46%