ROST trades 11.6% below Wall Street's consensus target of $259.89.
Last 12 months price action with 12-month analyst target path
The base valuation assumes ROST achieves its forward estimates and maintains a stable P/E multiple of 35.7x. This scenario reflects the blended consensus of 47 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Ross Stores, Inc. (ROST) has a Wall Street consensus price target of $259.89, based on estimates from 47 covering analysts. With the stock currently trading at $232.80, this represents a potential upside of +11.6%. The company has a market capitalization of $75.30B.
Analyst price targets range from a low of $230.00 to a high of $290.00, representing a 23% spread in expectations. The median target of $260.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 31 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 4 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, ROST trades at a trailing P/E of 35.2x and forward P/E of 35.7x. The forward PEG ratio of 0.38 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -9.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $289.52, with bear and bull scenarios of $182.40 and $381.47 respectively. Model confidence stands at 57/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
TJXThe TJX Companies, Inc. | $181.3B | $163.82 | $181.60 | +10.9% | Buy | 35.0x | 53 |
BURLBurlington Stores, Inc. | $21.2B | $336.95 | $366.29 | +8.7% | Buy | 34.4x | 35 |
OLLIOllie's Bargain Outlet Holdings, Inc. | $4.6B | $76.91 | $118.20 | +53.7% | Buy | 19.9x | 28 |
KSSKohl's Corporation | $1.9B | $17.25 | $12.00 | -30.4% | Hold | 12.3x | 39 |
MMacy's, Inc. | $6.3B | $24.14 | $19.60 | -18.8% | Hold | 11.0x | 40 |
PVHPVH Corp. | $3.6B | $77.07 | $92.00 | +19.4% | Buy | 7.1x | 38 |
HBIHanesbrands Inc. | $2.3B | $6.47 | $7.25 | +12.1% | Buy | 9.8x | 34 |
RLRalph Lauren Corporation | $25.2B | $413.01 | $437.43 | +5.9% | Buy | 25.3x | 48 |
VFCV.F. Corporation | $6.8B | $17.33 | $20.50 | +18.3% | Hold | 21.0x | 58 |
PRGSProgress Software Corporation | $1.3B | $29.68 | $45.00 | +51.6% | Buy | 5.0x | 13 |
Quick answers to the most common questions about buying ROST stock.
Ross Stores, Inc. (ROST) has a consensus 12-month price target of $259.89, implying 11.6% upside from $232.8. The 47 analysts covering ROST see moderate appreciation potential.
ROST has a consensus rating of "Buy" based on 47 Wall Street analysts. The rating breakdown is predominantly bullish, with 31 Buy/Strong Buy ratings. The consensus 12-month price target of $259.89 implies 11.6% upside from current levels.
At a forward P/E of 35.6869x, ROST trades at a premium valuation. The consensus price target of $259.89 (11.6% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $290 for ROST, while the most conservative target is $230. The consensus of $259.89 represents the median expectation. Our quantitative valuation model projects a bull case target of $381 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
ROST is heavily covered by Wall Street, with 47 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 31 have Buy ratings, 12 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ROST stock forecast based on 47 Wall Street analysts shows a consensus price target of $259.89, with estimates ranging from $230 (bear case) to $290 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $290, with bear/bull scenarios of $182/$381.
Our quantitative valuation model calculates ROST's fair value at $290 (base case), with a bear case of $182 and bull case of $381. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 57/100.
ROST trades at a forward P/E ratio of 35.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.2x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on ROST, with a "Buy" consensus rating and $259.89 price target (11.6% upside). 31 of 47 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ROST analyst price targets range from $230 to $290, a 23% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $259.89 consensus represents the middle ground. Our model's $182-$381 range provides an independent fundamental perspective.
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