Lowe's Companies, Inc. (LOW)

Lowe's Companies Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Lowe's Companies stock have an average target of 278.46, with a low estimate of 240 and a high estimate of 310. The average target predicts an increase of 5.87% from the current stock price of 263.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$240	$278.46	$290	$310
Change	-8.76%	+5.87%	+10.25%	+17.86%

Analyst Ratings

The average analyst rating for LOW stock from 24 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	8	8	7	7	8	6
Buy	6	6	6	6	7	9
Hold	13	13	13	11	10	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	27	27	26	24	25	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scot Ciccarelli Truist Securities	Truist Securities	Strong Buy Maintains $307 → $310	Strong Buy	Maintains	$307 → $310	+17.86%	Nov 20, 2024
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $255 → $270	Hold	Maintains	$255 → $270	+2.65%	Nov 20, 2024
Dean Rosenblum Bernstein	Bernstein	Buy Maintains $306 → $301	Buy	Maintains	$306 → $301	+14.44%	Nov 20, 2024
David Bellinger Mizuho	Mizuho	Buy Maintains $280 → $282	Buy	Maintains	$280 → $282	+7.21%	Nov 20, 2024
Steven Shemesh RBC Capital	RBC Capital	Hold Maintains $290 → $291	Hold	Maintains	$290 → $291	+10.63%	Nov 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

83.78B

Decreased by -3.01%

from 86.38B

Revenue Next Year

85.34B

Increased by 1.86%

from 83.78B

EPS This Year

11.93

Decreased by -9.62%

from 13.20

EPS Next Year

12.78

Increased by 7.09%

from 11.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2020	Jan 29, 2021	Jan 28, 2022	Feb 3, 2023	Feb 2, 2024	Feb 2, 2025	Feb 2, 2026	Feb 2, 2027
Revenue	72.15B	89.60B	96.25B	97.06B	86.38B	83.78B	85.34B	88.39B
Revenue Growth	1.18%	24.19%	7.43%	0.84%	-11.01%	-3.01%	1.86%	3.58%
EPS	5.49	7.75	12.04	10.17	13.20	11.93	12.78	14.05
EPS Growth	93.31%	41.17%	55.35%	-15.53%	29.79%	-9.62%	7.09%	9.97%
Forward PE	-	-	-	-	-	22.05	20.59	18.72
No. Analysts	-	-	-	-	-	40	39	32

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	87.7B	90.2B	93.9B
Avg	83.8B	85.3B	88.4B
Low	81.0B	81.0B	84.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	1.5%	7.6%	10.0%
Avg	-3.0%	1.9%	3.6%
Low	-6.2%	-3.3%	-1.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.55	13.72	15.65
Avg	11.93	12.78	14.05
Low	11.47	11.61	12.79

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-4.9%	15.0%	22.5%
Avg	-9.6%	7.1%	10.0%
Low	-13.1%	-2.7%	0.1%

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.