Target Corporation (TGT) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$125.91
Price Target
$115.31
Target Range
$81.00 — $145.00
Analyst Rating
Hold
Forward P/E15.7x
Trailing P/E15.5x
Forward PEG—
Implied Growth-8.3%
Median Target$119.50
Analyst Spread55.5%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$81
-35.7%
Consensus
$115
-8.4%
Bull Case
$145
+15.2%
Valuation Model TargetsConfidence: 66/100
Bear$85
Base$134
Bull$262
TGT Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Target Corporation (TGT) has a Wall Street consensus price target of $115.31, based on estimates from 59 covering analysts. With the stock currently trading at $125.91, this represents a potential downside of -8.4%. The company has a market capitalization of $57.36B.
Analyst price targets range from a low of $81.00 to a high of $145.00, representing a 56% spread in expectations. The median target of $119.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 27 analysts rating the stock as a Buy or Strong Buy,28 rating it Hold, and 4 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, TGT trades at a trailing P/E of 15.5x and forward P/E of 15.7x. Analysts expect EPS to grow -8.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $133.75, with bear and bull scenarios of $84.64 and $262.40 respectively. Model confidence stands at 66/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Defensive stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+15.8%
Avg Forward P/E22.1x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 WMTWalmart Inc. | $1.0T | $130.20 | $137.04 | +5.3% | Buy | 44.7x | 64 |
 COSTCostco Wholesale Corporation | $448.6B | $1012.06 | $1070.00 | +5.7% | Buy | 49.5x | 58 |
 KRThe Kroger Co. | $42.0B | $66.41 | $74.75 | +12.6% | Buy | 12.7x | 44 |
 DGDollar General Corporation | $25.6B | $116.51 | $145.00 | +24.5% | Buy | 16.0x | 50 |
 DLTRDollar Tree, Inc. | $19.2B | $96.76 | $129.00 | +33.3% | Buy | 14.4x | 47 |
 BJBJ's Wholesale Club Holdings, Inc. | $14.1B | $94.33 | $104.67 | +11.0% | Hold | 20.9x | 27 |
 AMZNAmazon.com, Inc. | $2.9T | $271.17 | $306.77 | +13.1% | Buy | 34.8x | 94 |
 MMacy's, Inc. | $5.3B | $19.23 | $19.20 | -0.2% | Hold | 8.8x | 40 |
 KSSKohl's Corporation | $1.6B | $14.36 | $18.00 | +25.4% | Hold | 10.3x | 39 |
 BBYBest Buy Co., Inc. | $12.3B | $58.54 | $74.50 | +27.3% | Hold | 9.0x | 41 |
Upside Potential Comparison
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Start ComparisonTGT — Frequently Asked Questions
Quick answers to the most common questions about buying TGT stock.
What is the TGT stock price target for 2026?
Wall Street's consensus price target for TGT is $115.31, -8.4% from its current price of $125.908. The below-market target from 59 analysts suggests limited near-term appreciation.
Is TGT a buy, sell, or hold?
TGT has a consensus rating of "Hold" based on 59 Wall Street analysts. The rating breakdown is mixed, with 28 Hold ratings making up the largest segment. The consensus 12-month price target of $115.31 implies -8.4% downside from current levels.
Is TGT stock overvalued or undervalued?
With a forward P/E of 15.7383x, TGT trades at a relatively low valuation. The consensus target of $115.31 implies -8.4% move, suggesting the market may be pricing in risks.
How high can TGT stock go?
The most bullish Wall Street analyst has a price target of $145 for TGT, while the most conservative target is $81. The consensus of $115.31 represents the median expectation. Our quantitative valuation model projects a bull case target of $262 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover TGT stock?
TGT is heavily covered by Wall Street, with 59 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 27 have Buy ratings, 28 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TGT stock forecast?
The 12-month TGT stock forecast based on 59 Wall Street analysts shows a consensus price target of $115.31, with estimates ranging from $81 (bear case) to $145 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $134, with bear/bull scenarios of $85/$262.
What is TGT's fair value based on fundamentals?
Our quantitative valuation model calculates TGT's fair value at $134 (base case), with a bear case of $85 and bull case of $262. 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 66/100.
What is TGT's forward P/E ratio?
TGT trades at a forward P/E ratio of 15.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.5x. 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.
Should I buy TGT stock?
Analysts are cautious on TGT, with 4 Sell ratings and a price target of $115.31 (-8.4% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.
Why do TGT price targets vary so much?
TGT analyst price targets range from $81 to $145, a 56% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $115.31 consensus represents the middle ground. Our model's $85-$262 range provides an independent fundamental perspective.