Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

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Investors in Target Corporation (NYSE:TGT) had a good week, as its shares rose 7.1% to close at US$165 following the release of its second-quarter results. Revenues were US$27b, approximately in...

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Revenues were US$27b, approximately in...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-retailing/nyse-tgt/target/news/results-target-corporation-beat-earnings-expectations-and-an-1\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nResults: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-22 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/consumer-retailing/nyse-tgt/target/news/results-target-corporation-beat-earnings-expectations-and-an-1><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors in Target Corporation (NYSE:TGT) had a good week, as its shares rose 7.1% to close at US$165 following the release of its second-quarter results.       Revenues were US$27b, approximately in...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-retailing/nyse-tgt/target/news/results-target-corporation-beat-earnings-expectations-and-an-1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0211327993.USD","symbol_name":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","start_time":0,"source_url":"https://simplywall.st/stocks/us/consumer-retailing/nyse-tgt/target/news/results-target-corporation-beat-earnings-expectations-and-an-1","article_id":"2661219271","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/174438-main-header/1756254157366"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/consumer-retailing/nyse-tgt/target/news/results-target-corporation-beat-earnings-expectations-and-an-1","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2661219271","pubTimestamp":1787403207,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Investors in Target Corporation ( NYSE:TGT ) had a good week, as its shares rose 7.1% to close at US$165 following the...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","TGT":"塔吉特","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4597":"股息贵族","JOYT":"JPMorgan Equity and Options Total Return ETF","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4532":"文艺复兴科技持仓","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","RGLO":"Global Equity Active ETF","VOTE":"TCW Transform 500 ETF","GXDW":"Global X Dorsey Wright Thematic ETF","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","DECU":"AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF","BK4585":"ETF&股票定投概念","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","FEBU":"AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0823411888.USD":"法巴消费创新基金 Cap","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4504":"桥水持仓","BK4596":"哈里斯概念","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","PMDE":"PGIM S&P 500 Max Buffer ETF - December","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4588":"碎股","BK4155":"大卖场与超市","BK4114":"综合货品商店","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","VGFPF":"Vanguard Funds PLC"},"translate_title":"结果：目标公司盈利超出预期，分析师现在有了新的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JOYT":0.82,"GXDW":0.82,"RGLO":0.82,"VGFPF":0.82,"PMDE":0.82,"VOTE":0.82,"DECU":0.82,"TGT":0.9,"FEBU":0.82},"content_text":"Investors in Target Corporation (NYSE:TGT) had a good week, as its shares rose 7.1% to close at US$165 following the release of its second-quarter results.       Revenues were US$27b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$4.11, an impressive 79% ahead of estimates.     This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business.  So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.NYSE:TGT Earnings and Revenue Growth August 22nd 2026 Taking into account the latest results, the consensus forecast from Target's 36 analysts is for revenues of US$109.9b in 2027. This reflects an okay 2.1% improvement in revenue compared to the last 12 months.       Statutory earnings per share are predicted to increase 2.7% to US$9.93.        In the lead-up to this report, the analysts had been modelling revenues of US$109.0b and earnings per share (EPS) of US$8.36 in 2027.        Although the revenue estimates have not really changed, we can see there's been a nice increase in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.     See our latest analysis for Target   The consensus price target rose 15% to US$162, suggesting that higher earnings estimates flow through to the stock's valuation as well.        The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is.  There are some variant perceptions on Target, with the most bullish analyst valuing it at US$200 and the most bearish at US$121 per share.   There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.      Of course, another way to look at these forecasts is to place them into context against the industry itself.     The analysts are definitely expecting Target's growth to accelerate, with the forecast 4.2% annualised growth to the end of 2027 ranking favourably alongside historical growth of 0.2% per annum over the past five years.    By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.1% per year.  So it's clear that despite the acceleration in growth, Target is expected to grow meaningfully slower than the industry average.     AdvertisementThe Bottom Line  The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Target's earnings potential next year.        Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Target's revenue is expected to perform worse than the wider industry.       There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.   Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider.   We have forecasts for Target going out to 2029, and you can see them free on our platform here.  You still need to take note of risks, for example - Target has   2 warning signs   we think you should be aware of.  Valuation is complex, but we're here to simplify it.Discover if Target might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}