Ross Stores (ROST) Stock Forecast, Price Target & Predictions
ROST Stock Forecast
Ross Stores stock forecast is as follows: an average price target of $151.78 (represents a 0.97% upside from ROST’s last price of $150.32) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.
ROST Price Target
The average price target for Ross Stores (ROST) is $151.78 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $190.00 to $112.00. This represents a potential 0.97% upside from ROST's last price of $150.32.
ROST Analyst Ratings
According to 25 Wall Street analysts, Ross Stores's rating consensus is 'Buy'. The analyst rating breakdown for ROST stock is 0 'Strong Buy' (0.00%), 18 'Buy' (72.00%), 7 'Hold' (28.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ross Stores Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Brooke Roach | Goldman Sachs | $185.00 | $155.21 | 19.19% | 23.07% |
| Aug 23, 2024 | Lorraine Hutchinson | Bank of America Securities | $180.00 | $155.21 | 15.97% | 19.74% |
| Aug 23, 2024 | Dana Telsey | Telsey Advisory | $175.00 | $157.62 | 11.03% | 16.42% |
| Aug 23, 2024 | Laura Champine | Loop Capital Markets | $190.00 | $155.49 | 22.20% | 26.40% |
| Aug 23, 2024 | Simeon Siegel | BMO Capital | $168.00 | $155.50 | 8.04% | 11.76% |
| Aug 23, 2024 | Ike Boruchow | Wells Fargo | $175.00 | $152.52 | 14.74% | 16.42% |
| Aug 23, 2024 | Mark Altschwager | Robert W. Baird | $180.00 | $155.37 | 15.85% | 19.74% |
| Aug 23, 2024 | Jay Sole | UBS | $167.00 | $152.52 | 9.49% | 11.10% |
| May 24, 2024 | Zachary Warring | CFRA | $138.00 | $144.03 | -4.19% | -8.20% |
| May 24, 2024 | Robert Drbul | Guggenheim | $170.00 | $131.86 | 28.92% | 13.09% |
The latest Ross Stores stock forecast, released on Aug 23, 2024 by Brooke Roach from Goldman Sachs, set a price target of $185.00, which represents a 19.19% increase from the stock price at the time of the forecast ($155.21), and a 23.07% increase from ROST last price ($150.32).
Ross Stores Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 8 | 17 |
| Avg Price Target | $177.50 | $177.50 | $163.76 |
| Last Closing Price | $150.32 | $150.32 | $150.32 |
| Upside/Downside | 18.08% | 18.08% | 8.94% |
In the current month, the average price target of Ross Stores stock is $177.50, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 18.08% increase as opposed to Ross Stores's last price of $150.32. This month's average price target is down 0.00% compared to last quarter, and up 8.39% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 23, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 23, 2024 | Telsey Advisory | Market Perform | Market Perform | Hold |
| Aug 23, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 23, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 23, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 23, 2024 | UBS | Neutral | Neutral | Hold |
| Aug 23, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 09, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
Ross Stores's last stock rating was published by Goldman Sachs on Aug 23, 2024. The company gave ROST a "Buy" rating, the same as its previous rate.
Ross Stores Financial Forecast
Ross Stores 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 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $6.02B | - | - | - | - | - | - | - | - | - | - | $4.52B | - | - | $2.68B | $1.84B | $4.41B | $3.85B |
| Avg Forecast | $6.59B | $6.45B | $6.31B | $6.17B | $6.33B | $5.48B | $5.59B | $5.13B | $5.97B | $5.18B | $5.25B | $4.83B | $5.82B | $4.84B | $4.75B | $4.48B | $5.15B | $4.37B | $4.61B | $4.52B | $4.95B | $4.33B | $4.52B | $3.90B | $4.27B | $3.42B | $2.48B | $2.23B | $4.36B | $3.77B |
| High Forecast | $6.67B | $6.52B | $6.38B | $6.24B | $6.41B | $5.54B | $5.65B | $5.19B | $6.01B | $5.20B | $5.31B | $4.89B | $5.89B | $4.91B | $4.80B | $4.53B | $5.21B | $4.42B | $4.85B | $4.58B | $5.01B | $4.39B | $4.57B | $3.95B | $4.32B | $3.47B | $2.51B | $2.25B | $4.42B | $3.82B |
| Low Forecast | $6.41B | $6.27B | $6.13B | $6.00B | $6.16B | $5.33B | $5.43B | $4.99B | $5.88B | $5.17B | $5.10B | $4.70B | $5.66B | $4.81B | $4.62B | $4.36B | $5.01B | $4.25B | $4.34B | $4.42B | $4.85B | $4.26B | $4.43B | $3.83B | $4.19B | $3.36B | $2.44B | $2.18B | $4.28B | $3.70B |
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | - | - | - | - | - | - | - | - | - | 1.16% | - | - | 1.08% | 0.83% | 1.01% | 1.02% |
Ross Stores's average Quarter revenue forecast for May 24 based on 6 analysts is $4.83B, with a low forecast of $4.70B, and a high forecast of $4.89B. ROST's average Quarter revenue forecast represents a -19.76% decrease compared to the company's last Quarter revenue of $6.02B (Feb 24).
Ross Stores 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 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $863.12M | - | - | - | - | - | - | - | - | - | - | $730.38M | - | - | $174.88M | $-368.69M | $688.62M | $572.99M |
| Avg Forecast | $796.00M | $778.63M | $761.64M | $745.02M | $764.83M | $661.85M | $674.96M | $619.74M | $720.82M | $625.28M | $633.61M | $662.24M | $703.09M | $584.18M | $573.41M | $602.04M | $622.34M | $512.04M | $556.06M | $545.32M | $356.76M | $465.49M | $383.45M | $662.72M | $195.09M | $413.48M | $299.56M | $672.10M | $526.70M | $455.63M |
| High Forecast | $804.86M | $787.30M | $770.12M | $753.31M | $773.34M | $669.21M | $682.48M | $626.64M | $725.66M | $627.69M | $640.66M | $794.69M | $710.92M | $592.64M | $579.80M | $722.45M | $629.26M | $614.45M | $585.02M | $552.50M | $428.12M | $558.59M | $460.14M | $795.26M | $234.11M | $418.69M | $303.33M | $806.51M | $533.33M | $461.37M |
| Low Forecast | $773.82M | $756.94M | $740.42M | $724.26M | $743.52M | $643.40M | $656.16M | $602.47M | $709.93M | $624.07M | $615.95M | $529.79M | $683.50M | $580.55M | $557.44M | $481.63M | $605.00M | $409.63M | $523.83M | $533.64M | $285.41M | $372.39M | $306.76M | $530.17M | $156.07M | $405.93M | $294.09M | $537.68M | $517.07M | $447.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | - | - | - | - | - | - | - | - | - | 1.10% | - | - | 0.58% | -0.55% | 1.31% | 1.26% |
6 analysts predict ROST's average Quarter EBITDA for May 24 to be $662.24M, with a high of $794.69M and a low of $529.79M. This is -23.27% lower than Ross Stores's previous annual EBITDA (Feb 24) of $863.12M.
Ross Stores 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 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $609.68M | - | - | - | - | - | - | - | - | - | - | $476.48M | - | - | $22.05M | $-305.84M | $456.13M | $370.93M |
| Avg Forecast | $662.54M | $554.81M | $626.40M | $564.79M | $614.18M | $512.75M | $569.11M | $511.18M | $555.95M | $467.89M | $495.62M | $411.82M | $552.23M | $404.16M | $386.00M | $374.39M | $411.01M | $331.65M | $332.11M | $331.45M | $232.01M | $301.50M | $250.15M | $316.51M | $100.72M | $204.06M | $-98.37M | $445.19M | $420.56M | $326.12M |
| High Forecast | $672.13M | $562.84M | $635.46M | $572.96M | $623.07M | $520.17M | $577.35M | $518.58M | $566.00M | $487.81M | $502.79M | $494.19M | $560.22M | $417.51M | $391.59M | $449.26M | $416.96M | $397.98M | $354.59M | $337.13M | $278.41M | $361.80M | $300.18M | $379.82M | $120.86M | $207.40M | $-96.03M | $534.22M | $427.44M | $331.45M |
| Low Forecast | $638.54M | $534.72M | $603.71M | $544.33M | $591.94M | $494.18M | $548.49M | $492.66M | $549.25M | $461.26M | $477.66M | $329.46M | $532.22M | $394.13M | $372.02M | $299.51M | $396.13M | $265.32M | $307.08M | $322.22M | $185.60M | $241.20M | $200.12M | $253.21M | $80.57M | $199.22M | $-99.98M | $356.15M | $410.57M | $318.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | - | - | - | - | - | - | - | - | - | - | 1.51% | - | - | -0.22% | -0.69% | 1.08% | 1.14% |
Ross Stores's average Quarter net income forecast for May 24 is $411.82M, with a range of $329.46M to $494.19M. ROST's average Quarter net income forecast represents a -32.45% decrease compared to the company's last Quarter net income of $609.68M (Feb 24).
Ross Stores 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 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $903.09M | - | - | - | - | - | - | - | - | - | - | $675.05M | - | - | $519.50M | $415.31M | $601.88M | $604.61M |
| Avg Forecast | $1.06B | $1.04B | $1.02B | $995.44M | $1.02B | $884.31M | $901.84M | $828.05M | $963.10M | $835.45M | $846.58M | $848.60M | $939.42M | $780.54M | $766.16M | $771.45M | $831.52M | $481.64M | $742.97M | $728.62M | $437.32M | $437.85M | $354.40M | $918.53M | $673.91M | $552.47M | $400.26M | $587.43M | $703.74M | $608.79M |
| High Forecast | $1.08B | $1.05B | $1.03B | $1.01B | $1.03B | $894.15M | $911.88M | $837.27M | $969.57M | $838.68M | $856.00M | $1.02B | $949.88M | $791.85M | $774.68M | $925.74M | $840.78M | $577.96M | $781.66M | $738.22M | $524.78M | $525.42M | $425.28M | $1.10B | $808.69M | $559.42M | $405.29M | $704.92M | $712.59M | $616.45M |
| Low Forecast | $1.03B | $1.01B | $989.29M | $967.70M | $993.43M | $859.67M | $876.71M | $804.98M | $948.56M | $833.83M | $822.99M | $678.88M | $913.24M | $775.69M | $744.81M | $617.16M | $808.35M | $385.31M | $699.91M | $713.01M | $349.85M | $350.28M | $283.52M | $734.82M | $539.13M | $542.37M | $392.94M | $469.95M | $690.88M | $597.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | - | - | - | - | - | - | - | - | - | 0.73% | - | - | 1.30% | 0.71% | 0.86% | 0.99% |
Ross Stores's average Quarter SG&A projection for May 24 is $848.60M, based on 6 Wall Street analysts, with a range of $678.88M to $1.02B. The forecast indicates a -6.03% fall compared to ROST last annual SG&A of $903.09M (Feb 24).
Ross Stores 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 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 10 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.83 | - | - | - | - | - | - | - | - | - | - | $1.35 | - | - | $0.06 | $-0.87 | $1.29 | $1.04 |
| Avg Forecast | $2.00 | $1.67 | $1.89 | $1.70 | $1.85 | $1.55 | $1.72 | $1.54 | $1.68 | $1.41 | $1.50 | $1.35 | $1.67 | $1.22 | $1.16 | $1.06 | $1.24 | $0.81 | $1.00 | $0.99 | $0.95 | $0.78 | $1.00 | $0.90 | $1.00 | $0.61 | $-0.29 | $0.12 | $1.26 | $0.97 |
| High Forecast | $2.03 | $1.70 | $1.92 | $1.73 | $1.88 | $1.57 | $1.74 | $1.56 | $1.71 | $1.47 | $1.52 | $1.37 | $1.69 | $1.26 | $1.18 | $1.08 | $1.26 | $0.82 | $1.06 | $1.01 | $0.97 | $0.80 | $1.02 | $0.91 | $1.02 | $0.62 | $-0.29 | $0.12 | $1.28 | $0.99 |
| Low Forecast | $1.93 | $1.61 | $1.82 | $1.64 | $1.79 | $1.49 | $1.65 | $1.49 | $1.66 | $1.39 | $1.44 | $1.31 | $1.61 | $1.19 | $1.12 | $1.03 | $1.19 | $0.78 | $0.92 | $0.96 | $0.93 | $0.76 | $0.98 | $0.87 | $0.98 | $0.59 | $-0.30 | $0.11 | $1.23 | $0.95 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | - | - | - | - | - | - | - | - | - | - | 1.51% | - | - | -0.20% | -7.53% | 1.03% | 1.07% |
According to 6 Wall Street analysts, Ross Stores's projected average Quarter EPS for May 24 is $1.35, with a low estimate of $1.31 and a high estimate of $1.37. This represents a -26.00% decrease compared to ROST previous annual EPS of $1.83 (Feb 24).
Ross Stores Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXPR | Express | $0.83 | $20.00 | 2309.64% | Buy |
| LULU | Lululemon Athletica | $268.41 | $410.00 | 52.75% | Buy |
| GES | Guess' | $19.48 | $29.25 | 50.15% | Buy |
| AEO | American Eagle Outfitters | $19.39 | $27.62 | 42.44% | Hold |
| ANF | Abercrombie & Fitch | $134.41 | $151.89 | 13.00% | Buy |
| URBN | Urban Outfitters | $37.29 | $41.08 | 10.16% | Hold |
| PLCE | Children's Place | $17.40 | $19.00 | 9.20% | Hold |
| FL | Foot Locker | $27.34 | $29.63 | 8.38% | Hold |
| SCVL | Shoe Carnival | $43.90 | $46.00 | 4.78% | Buy |
| ROST | Ross Stores | $150.32 | $151.78 | 0.97% | Buy |
| BURL | Burlington Stores | $270.29 | $261.14 | -3.39% | Buy |
| GPS | Gap | $24.55 | $20.87 | -14.99% | Buy |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
| BKE | Buckle | $44.52 | $32.00 | -28.12% | Sell |
ROST Forecast FAQ
Is Ross Stores a good buy?
Yes, according to 25 Wall Street analysts, Ross Stores (ROST) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 18 'Buy' recommendations, accounting for 72.00% of ROST's total ratings.
What is ROST's price target?
Ross Stores (ROST) average price target is $151.78 with a range of $112 to $190, implying a 0.97% from its last price of $150.32. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ross Stores stock go up soon?
According to Wall Street analysts' prediction for ROST stock, the company can go up by 0.97% (from the last price of $150.32 to the average price target of $151.78), up by 26.40% based on the highest stock price target, and down by -25.49% based on the lowest stock price target.
Can Ross Stores stock reach $200?
ROST's average twelve months analyst stock price target of $151.78 does not support the claim that Ross Stores can reach $200 in the near future.
What is Ross Stores's current price target trend?
8 Wall Street analysts forecast a $177.5 price target for Ross Stores (ROST) this month, up 18.08% from its last price of $150.32. Compared to the last 3 and 12 months, the average price target increased by 18.08% and increased by 8.94%, respectively.
What are Ross Stores's analysts' financial forecasts?
Ross Stores's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $22.54B (high $22.79B, low $21.91B), average EBITDA is $2.72B (high $2.75B, low $2.65B), average net income is $2.21B (high $2.24B, low $2.13B), average SG&A $3.64B (high $3.68B, low $3.53B), and average EPS is $6.66 (high $6.75, low $6.42). ROST's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $25.52B (high $25.8B, low $24.81B), average EBITDA is $3.08B (high $3.12B, low $3B), average net income is $2.41B (high $2.44B, low $2.32B), average SG&A $4.12B (high $4.16B, low $4B), and average EPS is $7.27 (high $7.37, low $7).
Did the ROST's actual financial results beat the analysts' financial forecasts?
Based on Ross Stores's last annual report (Feb 2024), the company's revenue was $20.38B, beating the average analysts forecast of $19.89B by 2.44%. Apple's EBITDA was $2.73B, beating the average prediction of $2.46B by 10.73%. The company's net income was $1.87B, beating the average estimation of $1.72B by 9.19%. Apple's SG&A was $3.27B, beating the average forecast of $3.26B by 0.31%. Lastly, the company's EPS was $5.59, beating the average prediction of $5.11 by 9.31%. In terms of the last quarterly report (Feb 2024), Ross Stores's revenue was $6.02B, beating the average analysts' forecast of $5.82B by 3.42%. The company's EBITDA was $863.12M, beating the average prediction of $703.09M by 22.76%. Ross Stores's net income was $609.68M, beating the average estimation of $552.23M by 10.40%. The company's SG&A was $903.09M, missing the average forecast of $939.42M by -3.87%. Lastly, the company's EPS was $1.83, beating the average prediction of $1.67 by 9.86%