Lowe's Companies, Inc. (LOW)

Lowe's Companies Stock Forecast

Stock Price Forecast

The 27 analysts with 12-month price forecasts for Lowe's Companies stock have an average target of 250.04, with a low estimate of 225 and a high estimate of 289. The average target predicts an increase of 17.01% from the current stock price of 213.70.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$225	$250.04	$250	$289
Change	+5.29%	+17.01%	+16.99%	+35.24%

Analyst Ratings

The average analyst rating for LOW stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	8	8	8	8	8	8
Buy	7	6	6	6	6	6
Hold	10	12	13	13	13	13
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	25	26	27	27	27	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $250 → $225	Hold	Maintains	$250 → $225	+5.29%	Jul 2, 2024
Seth Basham Wedbush	Wedbush	Hold Reiterates $250	Hold	Reiterates	$250	+16.99%	May 22, 2024
Steven Shemesh RBC Capital	RBC Capital	Hold Reiterates $246	Hold	Reiterates	$246	+15.11%	May 22, 2024
Michael Baker DA Davidson	DA Davidson	Hold Maintains $270 → $240	Hold	Maintains	$270 → $240	+12.31%	May 22, 2024
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $255 → $250	Hold	Maintains	$255 → $250	+16.99%	May 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

85.31B

Decreased by -1.23%

from 86.38B

Revenue Next Year

88.15B

Increased by 3.33%

from 85.31B

EPS This Year

12.34

Decreased by -6.54%

from 13.20

EPS Next Year

13.58

Increased by 10.06%

from 12.34

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	72.15B	89.60B	96.25B	97.06B	86.38B	85.31B	88.15B	91.13B	93.95B	97.26B
Revenue Growth	1.18%	24.19%	7.43%	0.84%	-11.01%	-1.23%	3.33%	3.38%	3.10%	3.52%
EPS	5.49	7.75	12.04	10.17	13.20	12.34	13.58	15.05	16.69	18.24
EPS Growth	93.31%	41.17%	55.35%	-15.53%	29.79%	-6.54%	10.06%	10.87%	10.87%	9.26%
Forward PE	-	-	-	-	-	17.32	15.74	14.19	12.80	11.72
No. Analysts	-	-	-	-	-	38	37	15	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	89.6B	93.0B	97.7B	98.8B	102.8B
Avg	85.3B	88.2B	91.1B	94.0B	97.3B
Low	81.7B	83.8B	86.1B	90.1B	92.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	3.8%	9.1%	10.9%	8.5%	9.4%
Avg	-1.2%	3.3%	3.4%	3.1%	3.5%
Low	-5.5%	-1.8%	-2.4%	-1.2%	-1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	13.24	15.18	16.89	18.04	19.91
Avg	12.34	13.58	15.05	16.69	18.24
Low	11.71	12.54	13.82	15.54	16.86

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	0.3%	23.1%	24.4%	19.8%	19.3%
Avg	-6.5%	10.1%	10.9%	10.9%	9.3%
Low	-11.3%	1.7%	1.8%	3.2%	1.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.