Target (TGT) Stock Forecast, Price Target & Predictions
TGT Stock Forecast
Target stock forecast is as follows: an average price target of $172.25 (represents a 31.50% upside from TGT’s last price of $130.99) and a rating consensus of 'Buy', based on 29 wall street analysts offering a 1-year stock forecast.
TGT Price Target
The average price target for Target (TGT) is $172.25 based on 1-year price targets from 29 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $120.00. This represents a potential 31.50% upside from TGT's last price of $130.99.
TGT Analyst Ratings
Buy
According to 29 Wall Street analysts, Target's rating consensus is 'Buy'. The analyst rating breakdown for TGT stock is 0 'Strong Buy' (0.00%), 19 'Buy' (65.52%), 9 'Hold' (31.03%), 1 'Sell' (3.45%), and 0 'Strong Sell' (0.00%).
Target Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 21, 2024 | Kelly Bania | BMO Capital | $120.00 | $121.59 | -1.31% | -8.39% |
| Nov 20, 2024 | Mark Astrachan | Stifel Nicolaus | $137.00 | $121.72 | 12.55% | 4.59% |
| Oct 21, 2024 | Zhihan Ma | Bernstein | $168.00 | $150.91 | 11.32% | 28.25% |
| Sep 20, 2024 | Corey Tarlowe | Jefferies | $195.00 | $154.70 | 26.05% | 48.87% |
| Aug 24, 2024 | Kahori Tamada | Daiwa | $170.00 | $158.50 | 7.26% | 29.78% |
| Aug 22, 2024 | Michael Lasser | UBS | $200.00 | $159.25 | 25.59% | 52.68% |
| Aug 22, 2024 | Steven Shemesh | RBC Capital | $177.00 | $159.25 | 11.15% | 35.12% |
| Aug 22, 2024 | Edward Kelly | Wells Fargo | $180.00 | $159.25 | 13.03% | 37.42% |
| Aug 21, 2024 | Kelly Bania | BMO Capital | $145.00 | $163.32 | -11.22% | 10.70% |
| Aug 21, 2024 | Kate McShane | Goldman Sachs | $191.00 | $163.34 | 16.93% | 45.81% |
| Aug 21, 2024 | Simeon Gutman | Morgan Stanley | $180.00 | $163.15 | 10.33% | 37.42% |
| Aug 21, 2024 | Paul Lejuez | Citigroup | $180.00 | $163.50 | 10.09% | 37.42% |
| Aug 21, 2024 | Scot Ciccarelli | Truist Financial | $156.00 | $163.72 | -4.71% | 19.09% |
| Aug 21, 2024 | Corey Tarlowe | Jefferies | $190.00 | $163.81 | 15.99% | 45.05% |
| Aug 21, 2024 | Mark Astrachan | Stifel Nicolaus | $147.00 | $163.88 | -10.30% | 12.22% |
| Aug 17, 2024 | Joseph Feldman | Telsey Advisory | $190.00 | $144.04 | 31.91% | 45.05% |
| Aug 14, 2024 | Rupesh Parikh | Oppenheimer | $180.00 | $136.66 | 31.71% | 37.42% |
| Aug 07, 2024 | Edward Kelly | Wells Fargo | $160.00 | $133.85 | 19.54% | 22.15% |
| Jul 25, 2024 | Arun Sundaram | CFRA | $176.00 | $148.95 | 18.16% | 34.36% |
| Jul 11, 2024 | Peter Keith | Piper Sandler | $156.00 | $149.60 | 4.28% | 19.09% |
| May 23, 2024 | Paul Trussell | Deutsche Bank | $190.00 | $142.71 | 33.14% | 45.05% |
| May 23, 2024 | Kelly Bania | BMO Capital | $155.00 | $142.82 | 8.53% | 18.33% |
| May 23, 2024 | Scot Ciccarelli | Truist Financial | $153.00 | $142.94 | 7.04% | 16.80% |
| May 23, 2024 | Michael Lasser | UBS | $185.00 | $143.27 | 29.13% | 41.23% |
| May 23, 2024 | Steven Shemesh | RBC Capital | $181.00 | $143.27 | 26.33% | 38.18% |
| May 22, 2024 | Peter Benedict | Robert W. Baird | $190.00 | $143.27 | 32.62% | 45.05% |
| May 22, 2024 | Mark Astrachan | Stifel Nicolaus | $170.00 | $143.27 | 18.66% | 29.78% |
| May 22, 2024 | Michael Baker | D.A. Davidson | $190.00 | $143.27 | 32.62% | 45.05% |
| May 22, 2024 | Edward Kelly | Wells Fargo | $175.00 | $143.19 | 22.22% | 33.60% |
| May 22, 2024 | Arun Sundaram | CFRA | $160.00 | $143.27 | 11.68% | 22.15% |
| May 22, 2024 | Kate McShane | Goldman Sachs | $194.00 | $144.01 | 34.71% | 48.10% |
| May 22, 2024 | Kelly Bania | BMO Capital | $170.00 | $143.96 | 18.09% | 29.78% |
| May 22, 2024 | Joseph Feldman | Telsey Advisory | $195.00 | $143.98 | 35.44% | 48.87% |
| May 22, 2024 | Mark Astrachan | Stifel Nicolaus | $177.00 | $143.95 | 22.96% | 35.12% |
| May 21, 2024 | Seth Sigman | Barclays | $169.00 | $155.57 | 8.63% | 29.02% |
| Apr 01, 2024 | Corey Tarlowe | Jefferies | $205.00 | $177.21 | 15.68% | 56.50% |
| Mar 06, 2024 | Paul Trussell | Deutsche Bank | $206.00 | $173.54 | 18.70% | 57.26% |
| Mar 06, 2024 | Daniela Bretthauer | HSBC | $195.00 | $173.54 | 12.37% | 48.87% |
| Mar 05, 2024 | Kate McShane | Goldman Sachs | $176.00 | $168.22 | 4.63% | 34.36% |
| Mar 05, 2024 | Mark Astrachan | Stifel Nicolaus | $153.00 | $150.49 | 1.67% | 16.80% |
| Feb 07, 2024 | Chuck Grom | Gordon Haskett Capital Corporation | $170.00 | $144.43 | 17.70% | 29.78% |
| Jan 25, 2024 | Paul Lejuez | Citigroup | $142.00 | $139.20 | 2.01% | 8.41% |
| Jan 16, 2024 | Simeon Gutman | Morgan Stanley | $165.00 | $141.07 | 16.96% | 25.96% |
| Dec 22, 2023 | Edward Yruma | Piper Sandler | $180.00 | $140.23 | 28.36% | 37.42% |
| Nov 21, 2023 | Christopher Horvers | J.P. Morgan | $125.00 | $129.65 | -3.59% | -4.57% |
| Nov 16, 2023 | William Kirk | Roth Capital | $140.00 | $129.57 | 8.05% | 6.88% |
| Nov 16, 2023 | Simeon Gutman | Morgan Stanley | $140.00 | $129.57 | 8.05% | 6.88% |
| Nov 16, 2023 | Joseph Feldman | Telsey Advisory | $160.00 | $129.57 | 23.48% | 22.15% |
| Nov 15, 2023 | Edward Kelly | Wells Fargo | $148.00 | $130.46 | 13.44% | 12.99% |
| Nov 15, 2023 | Joseph Feldman | Telsey Advisory | $145.00 | $131.22 | 10.50% | 10.70% |
| Nov 15, 2023 | Scot Ciccarelli | Truist Financial | $116.00 | $110.79 | 4.70% | -11.44% |
| Nov 15, 2023 | Mark Astrachan | Stifel Nicolaus | $130.00 | $110.79 | 17.34% | -0.76% |
| Aug 17, 2023 | Mark Astrachan | Stifel Nicolaus | $145.00 | $129.05 | 12.36% | 10.70% |
| Aug 17, 2023 | Simeon Gutman | Morgan Stanley | $170.00 | $129.05 | 31.73% | 29.78% |
| Aug 17, 2023 | Steven Shemesh | RBC Capital | $161.00 | $129.05 | 24.76% | 22.91% |
| Aug 17, 2023 | Kate McShane | Goldman Sachs | $135.00 | $128.75 | 4.85% | 3.06% |
| Aug 16, 2023 | Mark Astrachan | Stifel Nicolaus | $160.00 | $125.05 | 27.95% | 22.15% |
| Aug 16, 2023 | Edward Yruma | Piper Sandler | $185.00 | $125.05 | 47.94% | 41.23% |
| Aug 01, 2023 | Rupesh Parikh | Oppenheimer | $165.00 | $133.94 | 23.19% | 25.96% |
| May 18, 2023 | Steven Shemesh | RBC Capital | $191.00 | $153.87 | 24.13% | 45.81% |
| May 18, 2023 | Bradley Thomas | Loop Capital Markets | $180.00 | $155.19 | 15.99% | 37.42% |
| May 15, 2023 | Karen Short | Credit Suisse | $170.00 | $160.57 | 5.87% | 29.78% |
| Mar 01, 2023 | Kelly Bania | Loop Capital Markets | $165.00 | $162.40 | 1.60% | 25.96% |
| Mar 01, 2023 | Robert Drbul | Robert W. Baird | $200.00 | $162.40 | 23.15% | 52.68% |
| Dec 20, 2022 | Mark Astrachan | Stifel Nicolaus | $175.00 | $143.25 | 22.16% | 33.60% |
| Nov 17, 2022 | Telsey Advisory | $175.00 | $155.47 | 12.56% | 33.60% | |
| Oct 18, 2022 | Strong Buy | Raymond James | $80.00 | $157.23 | -49.12% | -38.93% |
| Aug 23, 2022 | Steven Shemesh | RBC Capital | $223.00 | $161.98 | 37.67% | 70.24% |
| Aug 18, 2022 | Kelly Bania | Loop Capital Markets | $190.00 | $173.05 | 9.79% | 45.05% |
| Aug 18, 2022 | Bobby Griffin | Raymond James | $200.00 | $173.05 | 15.57% | 52.68% |
| Aug 18, 2022 | Deutsche Bank | $193.00 | $172.31 | 12.01% | 47.34% | |
| Aug 18, 2022 | Truist Financial | $165.00 | $171.83 | -3.97% | 25.96% | |
| Aug 18, 2022 | Stifel Nicolaus | $195.00 | $173.01 | 12.71% | 48.87% | |
| Aug 18, 2022 | Goldman Sachs | $205.00 | $175.34 | 16.92% | 56.50% | |
| Aug 01, 2022 | Edward Kelly | Wells Fargo | $195.00 | $166.74 | 16.95% | 48.87% |
| Jul 29, 2022 | Tigress Financial | $215.00 | $161.95 | 32.76% | 64.13% | |
| Jun 11, 2022 | Michael Lasser | UBS | $205.00 | $149.67 | 36.97% | 56.50% |
| Jun 08, 2022 | Bobby Griffin | Raymond James | $190.00 | $157.57 | 20.58% | 45.05% |
| Jun 08, 2022 | Robert Ohmes | Robert W. Baird | $165.00 | $157.57 | 4.71% | 25.96% |
| Jun 08, 2022 | Simeon Gutman | Morgan Stanley | $190.00 | $155.95 | 21.83% | 45.05% |
| Jun 08, 2022 | Guggenheim | $185.00 | $159.41 | 16.05% | 41.23% | |
| Jun 08, 2022 | Deutsche Bank | $198.00 | $155.98 | 26.94% | 51.16% | |
| Jun 08, 2022 | Goldman Sachs | $171.00 | $155.98 | 9.63% | 30.54% | |
| Jun 08, 2022 | Citigroup | $184.00 | $155.98 | 17.96% | 40.47% | |
| Jun 08, 2022 | Steven Shemesh | RBC Capital | $231.00 | $155.98 | 48.10% | 76.35% |
| Jun 08, 2022 | Simeon Gutman | Morgan Stanley | $190.00 | $156.70 | 21.25% | 45.05% |
| Jun 08, 2022 | Steven Shemesh | RBC Capital | $231.00 | $156.70 | 47.42% | 76.35% |
| Jun 08, 2022 | Krisztina Katai | Deutsche Bank | $198.00 | $156.70 | 26.36% | 51.16% |
| Jun 07, 2022 | Edward Kelly | Wells Fargo | $155.00 | $155.98 | -0.63% | 18.33% |
| Jun 07, 2022 | Joe Feldman | Telsey Advisory | $185.00 | $155.98 | 18.60% | 41.23% |
| Jun 07, 2022 | Christopher Horvers | J.P. Morgan | $180.00 | $155.98 | 15.40% | 37.42% |
| Jun 07, 2022 | Michael Baker | D.A. Davidson | $171.00 | $155.98 | 9.63% | 30.54% |
| Jun 07, 2022 | Mark Astrachan | Stifel Nicolaus | $185.00 | $155.98 | 18.60% | 41.23% |
| Jun 07, 2022 | Scot Ciccarelli | Truist Financial | $150.00 | $155.98 | -3.83% | 14.51% |
| Jun 07, 2022 | Greg Melich | Evercore ISI | $180.00 | $155.98 | 15.40% | 37.42% |
| Jun 07, 2022 | Joe Feldman | Telsey Advisory | $185.00 | $155.98 | 18.60% | 41.23% |
| Jun 07, 2022 | Peter Benedict | Robert W. Baird | $180.00 | $155.98 | 15.40% | 37.42% |
| May 23, 2022 | Robert Moskow | Credit Suisse | $180.00 | $155.36 | 15.86% | 37.42% |
| May 19, 2022 | Steven Shemesh | RBC Capital | $239.00 | $153.43 | 55.77% | 82.46% |
| May 19, 2022 | D.A. Davidson | $205.00 | $155.76 | 31.61% | 56.50% | |
| May 19, 2022 | Goldman Sachs | $191.00 | $155.38 | 22.93% | 45.81% | |
| May 19, 2022 | Deutsche Bank | $227.00 | $157.74 | 43.90% | 73.30% | |
| May 19, 2022 | Raymond James | $205.00 | $161.61 | 26.85% | 56.50% | |
| May 19, 2022 | Oliver Chen | Cowen & Co. | $190.00 | $153.43 | 23.83% | 45.05% |
| May 18, 2022 | Mark Astrachan | Stifel Nicolaus | $185.00 | $161.61 | 14.47% | 41.23% |
| May 18, 2022 | Scot Ciccarelli | Truist Financial | $261.00 | $159.34 | 63.80% | 99.25% |
| May 16, 2022 | Stifel Nicolaus | $270.00 | $217.14 | 24.34% | 106.12% | |
| May 16, 2022 | Krisztina Katai | Deutsche Bank | $294.00 | $219.73 | 33.80% | 124.44% |
| Apr 07, 2022 | Karen Short | Barclays | $280.00 | $228.19 | 22.70% | 113.76% |
| Mar 02, 2022 | Steven Shemesh | RBC Capital | $294.00 | $224.90 | 30.72% | 124.44% |
| Mar 02, 2022 | William Kirk | MKM Partners | $253.00 | $224.90 | 12.49% | 93.14% |
| Mar 02, 2022 | Simeon Gutman | Morgan Stanley | $255.00 | $224.90 | 13.38% | 94.67% |
| Mar 01, 2022 | Krisztina Katai | Deutsche Bank | $353.00 | $219.43 | 60.87% | 169.49% |
| Mar 01, 2022 | Peter Benedict | Robert W. Baird | $275.00 | $219.43 | 25.32% | 109.94% |
| Feb 28, 2022 | Christopher Horvers | J.P. Morgan | $290.00 | $199.77 | 45.17% | 121.39% |
| Feb 07, 2022 | Edward Kelly | Wells Fargo | $230.00 | $210.38 | 9.33% | 75.59% |
| Jan 30, 2022 | Steven Shemesh | RBC Capital | $278.00 | $217.67 | 27.72% | 112.23% |
| Jan 28, 2022 | Paul Lejuez | Citigroup | $274.00 | $216.73 | 26.42% | 109.18% |
| Jan 17, 2022 | Scot Ciccarelli | Truist Financial | $270.00 | $221.40 | 21.95% | 106.12% |
| Nov 18, 2021 | Robert Moskow | Credit Suisse | $286.00 | $250.96 | 13.96% | 118.34% |
| Nov 18, 2021 | Michael Baker | D.A. Davidson | $293.00 | $250.96 | 16.75% | 123.68% |
| Nov 17, 2021 | Mark Astrachan | Stifel Nicolaus | $280.00 | $252.70 | 10.80% | 113.76% |
| Nov 17, 2021 | Kate McShane | Goldman Sachs | $308.00 | $252.70 | 21.88% | 135.13% |
| Aug 26, 2021 | Ivan Feinseth | Tigress Financial | $320.00 | $247.04 | 29.53% | 144.29% |
| Aug 13, 2021 | Joe Feldman | Telsey Advisory | $305.00 | $258.64 | 17.92% | 132.84% |
| Jun 23, 2021 | Chris Graja | Argus Research | $265.00 | $234.68 | 12.92% | 102.31% |
The latest Target stock forecast, released on Nov 21, 2024 by Kelly Bania from BMO Capital, set a price target of $120.00, which represents a -1.31% decrease from the stock price at the time of the forecast ($121.59), and a -8.39% decrease from TGT last price ($130.99).
Target Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 44 |
| Avg Price Target | $128.50 | $155.00 | $173.73 |
| Last Closing Price | $130.99 | $130.99 | $130.99 |
| Upside/Downside | -1.90% | 18.33% | 32.63% |
In the current month, the average price target of Target stock is $128.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -1.90% decrease as opposed to Target's last price of $130.99. This month's average price target is down -17.10% compared to last quarter, and down -26.03% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 25, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Nov 21, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 22, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 22, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Sep 23, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 23, 2024 | UBS | Underperform | Underperform | Hold |
| Sep 20, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 19, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 24, 2024 | Daiwa | Outperform | Upgrade | |
| Aug 22, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 22, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Aug 22, 2024 | Evercore ISI | Negative | Negative | Hold |
| Aug 22, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 22, 2024 | UBS | Buy | Buy | Hold |
| Aug 22, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 21, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 21, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 21, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 21, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 21, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 14, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 01, 2024 | UBS | Market Perform | Market Perform | Hold |
| Jul 26, 2024 | CFRA | Positive | Buy | Upgrade |
| Jul 25, 2024 | CFRA | Hold | Positive | Upgrade |
| Jul 11, 2024 | UBS | Buy | Buy | Hold |
| Jul 10, 2024 | Telsey Advisory | Underperform | Underperform | Hold |
| Jun 20, 2024 | UBS | Market Perform | Market Perform | Hold |
| Jun 03, 2024 | Exane BNP Paribas | Underperform | Initialise | |
| May 23, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| May 23, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| May 23, 2024 | UBS | Buy | Buy | Hold |
| May 22, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| May 22, 2024 | Bank of America Securities | Positive | Positive | Hold |
| May 22, 2024 | Cowen & Co. | Hold | Hold | Hold |
| May 22, 2024 | Bank of America Securities | Buy | Buy | Hold |
| May 22, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| May 22, 2024 | Goldman Sachs | Conviction Buy | Conviction Buy | Hold |
| May 22, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 22, 2024 | Citigroup | Buy | Buy | Hold |
| May 22, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 22, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 21, 2024 | Deutsche Bank | Buy | Buy | Hold |
| May 17, 2024 | CFRA | Hold | Hold | Hold |
| May 07, 2024 | Citigroup | Neutral | Buy | Upgrade |
| Apr 16, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Apr 01, 2024 | Jefferies | Buy | Buy | Hold |
| Mar 28, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Mar 27, 2024 | Tigress Financial | Buy | Buy | Hold |
| Mar 08, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Mar 06, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Mar 06, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Mar 06, 2024 | HSBC | Buy | Upgrade | |
| Mar 06, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Mar 05, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Mar 05, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Mar 01, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Feb 01, 2024 | Goldman Sachs | Outperform | Conviction Buy | Upgrade |
| Jan 25, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jan 16, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jan 16, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Dec 22, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Nov 16, 2023 | Goldman Sachs | Neutral | Outperform | Upgrade |
| Nov 15, 2023 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Nov 15, 2023 | Telsey Advisory | Outperform | Outperform | Hold |
| Oct 12, 2023 | Bernstein | Market Perform | Upgrade | |
| Oct 12, 2023 | Seaport Global | Buy | Initialise | |
| Oct 12, 2023 | Wolfe Research | Outperform | Upgrade | |
| Aug 17, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Aug 17, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 17, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Aug 16, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 16, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 16, 2023 | Raymond James | Strong Buy | Market Perform | Downgrade |
| Aug 11, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 11, 2023 | Telsey Advisory | Outperform | Outperform | Hold |
| Aug 01, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 05, 2023 | KeyBanc | Overweight | Sector Weight | Downgrade |
| May 18, 2023 | RBC Capital | Outperform | Outperform | Hold |
| May 18, 2023 | KeyBanc | Overweight | Overweight | Hold |
| May 17, 2023 | Telsey Advisory | Outperform | Outperform | Hold |
| May 15, 2023 | Credit Suisse | Neutral | Neutral | Hold |
| Mar 02, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
| Mar 01, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Mar 01, 2023 | Guggenheim | Buy | Buy | Hold |
| Mar 01, 2023 | BMO Capital | Perform | Perform | Hold |
| Mar 01, 2023 | KeyBanc | Overweight | Overweight | Hold |
| Dec 20, 2022 | Goldman Sachs | Buy | Neutral | Initialise |
| Nov 17, 2022 | Citigroup | Buy | Sell | Downgrade |
| Nov 17, 2022 | Piper Sandler | Neutral | Overweight | Upgrade |
| Nov 17, 2022 | Deutsche Bank | Buy | Hold | Downgrade |
| Nov 17, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Nov 17, 2022 | Telsey Advisory | Outperform | Outperform | Hold |
| Nov 16, 2022 | Telsey Advisory | Neutral | Neutral | Hold |
| Oct 18, 2022 | Piper Sandler | Neutral | Upgrade | |
| Oct 18, 2022 | Bank of America Securities | Neutral | Buy | Upgrade |
| Oct 18, 2022 | Cowen & Co. | Buy | Market Perform | Downgrade |
| Oct 18, 2022 | EF Hutton | Buy | Initialise | |
| Oct 18, 2022 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Oct 18, 2022 | Deutsche Bank | Buy | Sell | Downgrade |
| Oct 18, 2022 | Barclays | Equal-Weight | Initialise | |
| Oct 18, 2022 | William Blair | Market Perform | Downgrade | |
| Oct 18, 2022 | Prescience Point | Buy | Upgrade | |
| Aug 18, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Aug 18, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 18, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Aug 18, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Aug 18, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| Aug 17, 2022 | Guggenheim | Buy | Neutral | Downgrade |
| Aug 17, 2022 | Goldman Sachs | Positive | Positive | Hold |
| Aug 01, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Upgrade |
| Aug 01, 2022 | Wells Fargo | Overweight | Overweight | Upgrade |
| Jul 29, 2022 | Tigress Financial | Buy | Buy | Hold |
| Jun 14, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Jun 08, 2022 | Bank of America Securities | Buy | Neutral | Downgrade |
| Jun 08, 2022 | Guggenheim | Buy | Buy | Hold |
| Jun 08, 2022 | Bank of America Securities | Buy | Buy | Downgrade |
| Jun 08, 2022 | UBS | Buy | Buy | Hold |
| Jun 08, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jun 08, 2022 | Citigroup | Buy | Buy | Hold |
| Jun 07, 2022 | Jefferies | Buy | Upgrade | |
| Jun 07, 2022 | Evercore ISI | Outperform | Upgrade | |
| May 23, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| May 23, 2022 | Bank of America Securities | Buy | Buy | Hold |
| May 19, 2022 | Telsey Advisory | Outperform | Outperform | Hold |
| May 19, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 19, 2022 | RBC Capital | Outperform | Outperform | Hold |
| May 19, 2022 | BMO Capital | Outperform | Outperform | Hold |
| May 19, 2022 | Goldman Sachs | Buy | Buy | Hold |
| May 19, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| May 19, 2022 | Cowen & Co. | Buy | Buy | Hold |
| May 16, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Mar 03, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jan 30, 2022 | RBC Capital | Outperform | Initialise | |
| Aug 12, 2021 | Deutsche Bank | Buy | Buy | Hold |
| Jun 08, 2021 | UBS | Buy | Upgrade | |
| May 20, 2021 | Wells Fargo | Overweight | Overweight | Hold |
Target's last stock rating was published by Oppenheimer on Nov 25, 2024. The company gave TGT a "Outperform" rating, the same as its previous rate.
Target Financial Forecast
Target Revenue Forecast
Quarter
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | $31.92B | - | - | - | - | - | - | - | - | - | - | $24.20B | - | - | $22.98B | $19.61B | $23.40B | $18.66B |
| Avg Forecast | $33.35B | $27.88B | $26.59B | $25.98B | $31.27B | $26.48B | $25.98B | $25.09B | $30.30B | $25.87B | $25.19B | $24.51B | $31.89B | $25.28B | $25.18B | $25.25B | $30.71B | $26.40B | $26.03B | $24.48B | $31.34B | $24.60B | $24.98B | $21.76B | $27.36B | $20.83B | $19.98B | $19.02B | $23.44B | $18.47B |
| High Forecast | $33.72B | $28.18B | $26.88B | $26.26B | $31.61B | $26.77B | $26.27B | $25.36B | $30.58B | $26.03B | $25.20B | $24.51B | $31.91B | $25.49B | $25.45B | $25.53B | $31.04B | $27.31B | $26.92B | $25.31B | $32.42B | $25.45B | $25.84B | $22.51B | $28.30B | $21.54B | $20.67B | $19.68B | $24.24B | $19.10B |
| Low Forecast | $32.32B | $27.02B | $25.77B | $25.18B | $30.31B | $25.66B | $25.18B | $24.31B | $29.89B | $25.52B | $25.18B | $24.51B | $31.86B | $25.06B | $24.40B | $24.48B | $29.76B | $25.77B | $25.41B | $23.89B | $30.59B | $24.01B | $24.38B | $21.24B | $26.70B | $20.33B | $19.50B | $18.57B | $22.87B | $18.02B |
| # Analysts | 14 | 15 | 9 | 9 | 9 | 8 | 12 | 16 | 19 | 19 | 9 | 9 | 12 | 18 | 9 | 14 | 9 | 9 | 15 | 8 | 9 | 9 | 9 | 12 | 9 | 5 | 6 | 3 | 3 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | - | - | - | - | - | - | - | - | - | 1.11% | - | - | 1.15% | 1.03% | 1.00% | 1.01% |
Forecast
Target's average Quarter revenue forecast for May 24 based on 9 analysts is $24.51B, with a low forecast of $24.51B, and a high forecast of $24.51B. TGT's average Quarter revenue forecast represents a -23.21% decrease compared to the company's last Quarter revenue of $31.92B (Feb 24).
Target EBITDA Forecast
Quarter
| 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 | 14 | 15 | 9 | 9 | 9 | 8 | 12 | 16 | 19 | 19 | 9 | 9 | 12 | 18 | 9 | 14 | 9 | 9 | 15 | 8 | 9 | 9 | 9 | 12 | 9 | 5 | 6 | 3 | 3 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.49B | - | - | - | - | - | - | - | - | - | - | $3.38B | - | - | $2.92B | $1.09B | $1.87B | $1.66B |
| Avg Forecast | $2.97B | $2.48B | $2.37B | $2.31B | $2.78B | $2.36B | $2.31B | $2.23B | $2.70B | $2.30B | $2.24B | $3.46B | $2.84B | $2.25B | $2.24B | $3.15B | $3.41B | $2.34B | $2.31B | $2.49B | $2.78B | $2.18B | $2.21B | $2.35B | $2.42B | $1.84B | $1.77B | $1.84B | $2.08B | $1.64B |
| High Forecast | $3.00B | $2.51B | $2.39B | $2.34B | $2.82B | $2.38B | $2.34B | $2.26B | $2.72B | $2.32B | $2.24B | $4.15B | $2.84B | $2.27B | $2.27B | $3.77B | $4.09B | $2.42B | $2.38B | $2.98B | $2.87B | $2.25B | $2.29B | $2.82B | $2.51B | $1.91B | $1.83B | $2.20B | $2.15B | $1.69B |
| Low Forecast | $2.88B | $2.41B | $2.30B | $2.24B | $2.70B | $2.29B | $2.24B | $2.17B | $2.66B | $2.27B | $2.24B | $2.77B | $2.84B | $2.23B | $2.17B | $2.52B | $2.73B | $2.28B | $2.25B | $1.99B | $2.71B | $2.13B | $2.16B | $1.88B | $2.37B | $1.80B | $1.73B | $1.47B | $2.03B | $1.60B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | - | - | - | - | - | - | - | - | - | - | 1.44% | - | - | 1.65% | 0.59% | 0.90% | 1.01% |
Forecast
9 analysts predict TGT's average Quarter EBITDA for May 24 to be $3.46B, with a high of $4.15B and a low of $2.77B. This is 39.13% upper than Target's previous annual EBITDA (Feb 24) of $2.49B.
Target Net Income Forecast
Quarter
| 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 | 14 | 15 | 9 | 9 | 9 | 8 | 12 | 16 | 19 | 19 | 9 | 9 | 12 | 18 | 9 | 14 | 9 | 9 | 15 | 8 | 9 | 9 | 9 | 12 | 9 | 5 | 6 | 3 | 3 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.38B | - | - | - | - | - | - | - | - | - | - | $2.10B | - | - | $1.69B | $284.00M | $834.00M | $714.00M |
| Avg Forecast | $1.37B | $1.13B | $1.32B | $1.01B | $1.15B | $996.01M | $1.22B | $950.31M | $1.00B | $1.06B | $1.01B | $1.90B | $1.13B | $682.31M | $662.41M | $1.73B | $1.52B | $1.00B | $331.72M | $1.37B | $1.32B | $1.31B | $1.63B | $1.31B | $1.18B | $742.48M | $756.16M | $818.93M | $766.05M | $551.18M |
| High Forecast | $1.39B | $1.15B | $1.34B | $1.03B | $1.16B | $1.01B | $1.24B | $963.87M | $1.13B | $1.10B | $1.01B | $2.28B | $1.13B | $727.80M | $671.87M | $2.07B | $1.83B | $1.05B | $346.49M | $1.64B | $1.38B | $1.37B | $1.70B | $1.57B | $1.23B | $775.53M | $789.82M | $982.71M | $800.15M | $575.71M |
| Low Forecast | $1.31B | $1.09B | $1.27B | $972.22M | $1.10B | $956.09M | $1.17B | $912.22M | $865.05M | $975.34M | $1.01B | $1.52B | $1.12B | $545.85M | $635.87M | $1.38B | $1.22B | $970.15M | $321.37M | $1.09B | $1.28B | $1.27B | $1.58B | $1.05B | $1.14B | $719.31M | $732.56M | $655.14M | $742.15M | $533.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | - | - | - | - | - | - | - | - | - | 1.60% | - | - | 2.23% | 0.35% | 1.09% | 1.30% |
Forecast
Target's average Quarter net income forecast for May 24 is $1.90B, with a range of $1.52B to $2.28B. TGT's average Quarter net income forecast represents a 37.52% increase compared to the company's last Quarter net income of $1.38B (Feb 24).
Target SG&A Forecast
Quarter
| 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 | 14 | 15 | 9 | 9 | 9 | 8 | 12 | 16 | 19 | 19 | 9 | 9 | 12 | 18 | 9 | 14 | 9 | 9 | 15 | 8 | 9 | 9 | 9 | 12 | 9 | 5 | 6 | 3 | 3 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $6.03B | - | - | - | - | - | - | - | - | - | - | $4.51B | - | - | $4.46B | $4.06B | $4.50B | $4.15B |
| Avg Forecast | $6.55B | $5.47B | $5.22B | $5.10B | $6.14B | $5.20B | $5.10B | $4.92B | $5.95B | $5.08B | $4.94B | $6.81B | $6.26B | $4.96B | $4.94B | $6.19B | $4.97B | $5.19B | $5.11B | $4.90B | $6.16B | $4.83B | $4.91B | $5.17B | $5.37B | $4.09B | $3.93B | $4.42B | $4.60B | $3.63B |
| High Forecast | $6.62B | $5.53B | $5.28B | $5.15B | $6.20B | $5.25B | $5.16B | $4.98B | $6.00B | $5.11B | $4.95B | $8.18B | $6.26B | $5.00B | $5.00B | $7.43B | $5.96B | $5.36B | $5.29B | $5.88B | $6.37B | $5.00B | $5.07B | $6.20B | $5.56B | $4.23B | $4.06B | $5.31B | $4.76B | $3.75B |
| Low Forecast | $6.34B | $5.30B | $5.06B | $4.94B | $5.95B | $5.04B | $4.94B | $4.77B | $5.87B | $5.01B | $4.94B | $5.45B | $6.25B | $4.92B | $4.79B | $4.96B | $3.97B | $5.06B | $4.99B | $3.92B | $6.01B | $4.72B | $4.79B | $4.14B | $5.25B | $3.99B | $3.83B | $3.54B | $4.49B | $3.54B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | - | - | - | - | - | - | - | - | - | 0.87% | - | - | 1.14% | 0.92% | 0.98% | 1.14% |
Forecast
Target's average Quarter SG&A projection for May 24 is $6.81B, based on 9 Wall Street analysts, with a range of $5.45B to $8.18B. The forecast indicates a 13.01% rise compared to TGT last annual SG&A of $6.03B (Feb 24).
Target EPS Forecast
Quarter
| 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 | 14 | 15 | 9 | 9 | 9 | 8 | 12 | 16 | 19 | 19 | 9 | 9 | 12 | 18 | 9 | 14 | 9 | 9 | 15 | 8 | 9 | 9 | 9 | 12 | 9 | 5 | 6 | 3 | 3 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.98 | - | - | - | - | - | - | - | - | - | - | $4.20 | - | - | $3.38 | $0.57 | $1.65 | $1.40 |
| Avg Forecast | $2.96 | $2.45 | $2.86 | $2.19 | $2.48 | $2.15 | $2.64 | $2.05 | $2.16 | $2.30 | $2.18 | $2.05 | $2.43 | $1.47 | $1.43 | $1.77 | $1.40 | $2.16 | $0.72 | $3.07 | $2.85 | $2.82 | $3.51 | $2.21 | $2.54 | $1.60 | $1.63 | $0.44 | $1.65 | $1.19 |
| High Forecast | $3.00 | $2.49 | $2.90 | $2.22 | $2.52 | $2.18 | $2.67 | $2.08 | $2.43 | $2.38 | $2.19 | $2.06 | $2.45 | $1.57 | $1.45 | $1.79 | $1.42 | $2.26 | $0.75 | $3.21 | $2.97 | $2.95 | $3.66 | $2.31 | $2.65 | $1.67 | $1.70 | $0.46 | $1.73 | $1.24 |
| Low Forecast | $2.84 | $2.35 | $2.74 | $2.10 | $2.38 | $2.07 | $2.53 | $1.97 | $1.87 | $2.11 | $2.18 | $2.05 | $2.41 | $1.18 | $1.37 | $1.70 | $1.35 | $2.09 | $0.69 | $2.97 | $2.76 | $2.74 | $3.40 | $2.14 | $2.46 | $1.55 | $1.58 | $0.43 | $1.60 | $1.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | - | - | - | - | - | - | - | - | - | 1.90% | - | - | 2.07% | 1.30% | 1.00% | 1.18% |
Forecast
According to 9 Wall Street analysts, Target's projected average Quarter EPS for May 24 is $2.05, with a low estimate of $2.05 and a high estimate of $2.06. This represents a -31.12% decrease compared to TGT previous annual EPS of $2.98 (Feb 24).