Target (TGT) Expected to Announce Earnings on Wednesday

Target (NYSE:TGT) is expected to issue its Q2 2026 results before the market opens on Wednesday, August 19th. Analysts expect Target to post earnings of $2.31 per share and revenue of $26.1018 billion for the quarter. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 8:00 AM ET.

Target (NYSE:TGT) last posted its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.24. The firm had revenue of $25.44 billion during the quarter, compared to analyst estimates of $24.66 billion. Target had a return on equity of 22.92% and a net margin of 3.24%.The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 EPS. On average, analysts expect Target to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Target Stock Up 0.3%

Shares of Target stock opened at $152.41 on Wednesday. Target has a 12-month low of $83.44 and a 12-month high of $154.89. The company has a quick ratio of 0.30, a current ratio of 0.93 and a debt-to-equity ratio of 0.87. The stock has a 50 day moving average price of $136.16 and a two-hundred day moving average price of $125.27. The stock has a market capitalization of $69.22 billion, a P/E ratio of 20.13, a PEG ratio of 2.98 and a beta of 0.97.

Target Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a dividend of $1.16 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $4.64 annualized dividend and a dividend yield of 3.0%. This is an increase from Target’s previous quarterly dividend of $1.14. Target’s payout ratio is currently 60.24%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. BMO Capital Markets lifted their target price on shares of Target from $130.00 to $150.00 and gave the stock a “market perform” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $123.00 price target on shares of Target in a report on Friday, May 15th. Wall Street Zen raised Target from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Zacks Research upgraded Target from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Truist Financial boosted their price objective on Target from $123.00 to $130.00 and gave the stock a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Target currently has an average rating of “Hold” and an average target price of $138.74.

Insider Activity

In related news, insider Cara A. Sylvester sold 10,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $125.89, for a total value of $1,258,900.00. Following the completion of the transaction, the insider directly owned 45,930 shares in the company, valued at approximately $5,782,127.70. This represents a 17.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Target

Several institutional investors and hedge funds have recently bought and sold shares of TGT. WFA of San Diego LLC bought a new position in shares of Target during the 2nd quarter worth about $25,000. Jessup Wealth Management Inc bought a new stake in Target in the fourth quarter valued at about $25,000. Altshuler Shaham Ltd acquired a new position in Target in the fourth quarter worth about $26,000. Darwin Wealth Management LLC acquired a new position in Target in the second quarter worth about $37,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in Target in the fourth quarter worth about $36,000. Institutional investors own 79.73% of the company’s stock.

About Target

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.