Target Stock Forecast

Stock Price Forecast

The 30 analysts with 12-month price forecasts for Target stock have an average target of 181.6, with a low estimate of 134 and a high estimate of 210. The average target predicts an increase of 10.44% from the current stock price of 164.44.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$134	$181.6	$190	$210
Change	-18.51%	+10.44%	+15.54%	+27.71%

Analyst Ratings

The average analyst rating for Target stock from 32 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	7	7	7	8	11	11
Buy	8	8	8	8	7	7
Hold	19	19	15	15	14	14
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	34	34	30	31	32	32

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $183 → $180	Hold	Maintains	$183 → $180	+9.46%	Apr 16, 2024
Corey Tarlowe Jefferies	Jefferies	Strong Buy Maintains $195 → $205	Strong Buy	Maintains	$195 → $205	+24.67%	Apr 1, 2024
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $180 → $210	Strong Buy	Maintains	$180 → $210	+27.71%	Mar 27, 2024
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $180 → $185	Hold	Maintains	$180 → $185	+12.50%	Mar 26, 2024
Oliver Chen TD Cowen	TD Cowen	Hold Maintains $148 → $185	Hold	Maintains	$148 → $185	+12.50%	Mar 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

108.30B

from 107.41B

0.82%

from 107.41B

Revenue Next Year

112.36B

from 108.30B

3.75%

from 108.30B

EPS This Year

9.49

from 8.94

6.20%

from 8.94

EPS Next Year

10.61

from 9.49

11.77%

from 9.49

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	78.11B	93.56B	106.01B	109.12B	107.41B	108.30B	112.36B	116.97B	120.30B	124.71B
Revenue Growth	3.66%	19.78%	13.30%	2.94%	-1.57%	0.82%	3.75%	4.11%	2.85%	3.66%
EPS	6.36	8.64	14.10	5.98	8.94	9.49	10.61	11.46	11.33	12.26
EPS Growth	15.43%	35.85%	63.19%	-57.59%	49.50%	6.20%	11.77%	8.01%	-1.11%	8.15%
No. Analysts	-	-	-	-	-	34	31	11	5	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	114.9B	119.5B	124.3B	129.8B	135.3B
Avg	108.3B	112.4B	117.0B	120.3B	124.7B
Low	103.8B	107.1B	111.2B	114.0B	117.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	7.0%	10.4%	10.7%	11.0%	12.4%
Avg	0.8%	3.7%	4.1%	2.8%	3.7%
Low	-3.4%	-1.1%	-1.1%	-2.5%	-2.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	10.30	11.76	12.93	12.47	13.70
Avg	9.49	10.61	11.46	11.33	12.26
Low	8.82	9.40	10.32	10.11	10.65

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	15.2%	23.9%	21.8%	8.8%	20.9%
Avg	6.2%	11.8%	8.0%	-1.1%	8.1%
Low	-1.3%	-1.0%	-2.8%	-11.8%	-6.0%

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.