Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
131.48
+1.05 (0.81%)
At close: Dec 20, 2024, 4:00 PM
131.90
+0.42 (0.32%)
After-hours: Dec 20, 2024, 7:29 PM EST

Target Stock Forecast

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Target stock have an average target of 160.61, with a low estimate of 108 and a high estimate of 210. The average target predicts an increase of 22.16% from the current stock price of 131.48.

Analyst Consensus: Buy
Target Low Average Median High
Price $108 $160.61 $162 $210
Change -17.86% +22.16% +23.21% +59.72%

Analyst Ratings

The average analyst rating for Target stock from 31 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 121213131111
Buy 766666
Hold 141010111313
Sell 111111
Strong Sell 000000
Total 342930313131

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Hold
Maintains
$137$145
Hold Maintains $137$145 +10.28% Dec 10, 2024
Daiwa Capital
Daiwa Capital
Hold
Downgrades
$130
Hold Downgrades $130 -1.13% Nov 26, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$165
Buy Reiterates $165 +25.49% Nov 25, 2024
Stifel
Stifel
Hold
Maintains
$165$137
Hold Maintains $165$137 +4.20% Nov 21, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$180$145
Strong Buy Maintains $180$145 +10.28% Nov 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
106.97B
from 107.41B
Decreased by -0.41%
Revenue Next Year
109.86B
from 106.97B
Increased by 2.70%
EPS This Year
8.69
from 8.94
Decreased by -2.85%
EPS Next Year
9.33
from 8.69
Increased by 7.46%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Feb 1, 2020 Jan 30, 2021 Jan 29, 2022 Jan 28, 2023 Feb 3, 2024 Feb 3, 2025 Feb 3, 2026 Feb 3, 2027
Revenue
78.11B93.56B106.01B109.12B107.41B106.97B109.86B113.70B
Revenue Growth
3.66%19.78%13.30%2.94%-1.57%-0.41%2.70%3.50%
EPS
6.368.6414.105.988.948.699.3310.26
EPS Growth
15.42%35.78%63.19%-57.59%49.50%-2.85%7.46%9.91%
Forward PE
-----15.1414.0912.82
No. Analysts -----393926
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 112.0B 118.6B 122.9B
Avg 107.0B 109.9B 113.7B
Low 102.3B 104.5B 106.3B

Revenue Growth

Revenue Growth 20252026202720282029
High
4.3%
10.9%
11.8%
Avg
-0.4%
2.7%
3.5%
Low
-4.8%
-2.3%
-3.3%

EPS Forecast

EPS 20252026202720282029
High 9.32 10.55 12.01
Avg 8.69 9.33 10.26
Low 8.13 8.11 8.58

EPS Growth

EPS Growth 20252026202720282029
High
4.3%
21.5%
28.7%
Avg
-2.9%
7.5%
9.9%
Low
-9.0%
-6.6%
-8.1%
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.