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TGTTarget Corporation
$159.02$72.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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TGT logo

Target Corporation

TGT
NYSE · Discount Stores
$159.02
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$72.23B
P/E19.6x
52W High$170.75
Volume2.17M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Structural Margin Compression Challenges Target's Retail Resilience

Target faces a challenging outlook as stagnant revenue growth, fluctuating between a 3.1% contraction and 2.9% expansion, highlights the difficulty of maintaining momentum in a price-sensitive environment. While the company recently improved its balance sheet ...

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

TGT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-11% Peers

P/E is 11% below peer median

03

Market leadership

RS 86 · Leader

High momentum (Outperforming 86% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 18
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Target's profitability remains strained as gross margins have trended downward from a 30.0% peak in 2024Q2 to 26.4% in 2026Q1, reflecting significant pressure from inventory markdowns.

Analyst Consensus+4.5% target
Buy(60 analysts)
28 Buy28 Hold4 Sell

The Bull Case

Upside Catalysts

Digital momentum

Target's digital initiatives, including online shopping and contactless pickup, are driving growth and customer engagement.

Cost control

Effective cost management strategies are contributing to improved profitability and operational efficiency.

Capital deployment

Target's commitment to shareholder returns through dividends and share repurchases enhances investor confidence.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TGT+61.64%
S&P 500 (^GSPC)+13.20%
1-Year Return
TGT+89.00%
S&P 500 (^GSPC)+15.98%
3-Year Return
TGT+53.22%
S&P 500 (^GSPC)+88.04%
5-Year Return
TGT-25.28%
S&P 500 (^GSPC)+77.43%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
19.6x
Forward P/EExpansion
15.8x
EV/EBITDA80th %ile
10.5x
FCF YieldCash Flow
3.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
19.6x
15.6x
80th· High
EV/EBITDA
10.5x
9.8x
80th· High
Price/FCF
25.5x
17.6x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$98.93-37.8%
Base (Fair)$209.62+32.5%
Bull$379.44+138.6%
$98.93 Bear$209.62 Base$379.44 Bull
Current Market Price: $159.02
Trades at a 24.1% discount to Base DCF ($209.62)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$104.78B-1.7% YoY
Net income
$3.71B-9.4% YoY
Free cash flow
$2.83B-36.7% YoY
Operating margin
4.9%-0.3 pts YoY
ROIC (TTM)12.6%
Avg ROIC 5Y-
ROE (TTM)24%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 19, 2026
$4.11+74.9%
vs $2.35
$26.5B+1.6%
vs $26.1B
Q2 2026
May 20, 2026
$1.71+16.3%
vs $1.47
$25.4B+3.2%
vs $24.7B
Q2 2026
Mar 3, 2026
$2.44+13.0%
vs $2.16
$30.5B-0.0%
vs $30.5B
Q4 2025
Nov 19, 2025
$1.78+4.1%
vs $1.71
$25.3B-0.2%
vs $25.3B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
The Motley Fool·Sep 16, 2026
1 of Wall Street's Most Bullish Market Strategists Just Slashed His 2026 S&P 500 Price Target by 500 Points

Dr. Ed Yardeni is concerned about rising bond yields and geopolitical tensions. He also believes the upcoming midterm elections could present a near-term obstacle by adding uncertainty.

MarketBeat·Sep 16, 2026
Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big

Believe it or not, the holiday shopping season is here, so it's time to consider the best plays. As it stands, seasonal sales growth is expected to accelerate year over year to 4.55% to 4.8%, topping $1.7 trillion for the first time, underpinned as always by e-commerce.

24/7 Wall Street·Sep 16, 2026
5 Dividend Kings Trading at Rare Discounts to Their Historical Valuations

A handful of Dividend Kings with 50-plus years of consecutive payout growth now trade at forward multiples well below their own historical norms, but a closer look at the earnings behind those discounts reveals some uncomfortable truths about why the

TheNewswire·Sep 16, 2026
Adamera Continues to Expand the Max Copper-Gold Target: High Copper and Gold in Soil Coincident with IP Chargeability, South Hedley Project

Vancouver, British Columbia – TheNewswire - September 16, 2026 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) (“Adamera” or the “Company”) announces it has completed three additional induced polarization (“IP”) lines at its Max Copper-Gold Target on its 100%-owned South Hedley Property in southern British Columbia. Every line completed to date has detected the chargeability anomaly. On line L2200 anomalous chargeabilities are present in the immediate vicinity of the highest copper and gold in soil values returned at Max to date, which include 1,450 ppm copper and 1.34 g/t gold.

Filtered for Target CorporationMore Headlines
04

Compare before deciding

Benchmark TGT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Target Corporation (TGT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TGT logoTGTTarget CorporationCurrent
$159.02$72.23B19.56-1.68%3.54%24.03%2.83%
WMT logoWMTWalmart Inc.
$110.12$877.77B40.344.73%3.04%21.64%—
COST logoCOSTCostco Wholesale Corporation
$899.41$398.87B49.398.17%3.01%28.27%—
KR logoKRThe Kroger Co.
$58.56$36.11B38.030.35%0.73%17.15%—
DG logoDGDollar General Corporation
$122.62$27.05B17.905.2%3.9%19.56%—
DLTR logoDLTRDollar Tree, Inc.
$115.04$22.11B19.3710.43%8.03%45.58%—

Compare TGT vs Peers

Target Corporation (TGT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WMT

Most directly comparable listed peer for TGT.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare TGT against a more recognizable public peer.

Peer Set

Compare Top 5

vs WMT, COST, KR, DG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TGT SEC Filings & Documents

Target Corporation (TGT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 19, 2026·SEC

Material company update

Aug 14, 2026·SEC

Material company update

Jul 22, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 29, 2026·SEC

FY 2025

Nov 26, 2025·SEC

FY 2025

Aug 29, 2025·SEC

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TGT Frequently Asked Questions

Target Corporation (TGT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Target Corporation's revenue?

Target Corporation (TGT) reported $107.70B in revenue for fiscal year 2025. This represents a 325% increase from $25.37B in 1996.

How fast is Target Corporation growing?

Target Corporation (TGT) saw revenue decline by 1.7% over the past year.

Is TGT profitable?

Yes, Target Corporation (TGT) is profitable, generating $4.39B in net income for fiscal year 2025 (3.5% net margin).

Dividend & Returns
Does TGT pay dividends?

Yes, Target Corporation (TGT) pays a dividend with a yield of 2.83%. This makes it attractive for income-focused investors.

What is TGT's return on equity?

Target Corporation (TGT) has a return on equity (ROE) of 24.0%. This is excellent, indicating efficient use of shareholder capital.

What is Target Corporation's free cash flow?

Target Corporation (TGT) generated $6.96B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TGT back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →