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Target Corporation (NYSE:TGT) Stock Update and Financial Overview

  • Telsey Advisory upgrades Target to "Outperform" with a stock price of approximately $98.60.
  • Zacks Investment Research projects a 17.2% decline in EPS for the quarter ending April 2025, with revenue expected to reach $24.42 billion.
  • Target has a history of outperforming expectations, with a trailing four-quarter average earnings surprise of 1.5%.

Target Corporation (NYSE:TGT) is a well-known retail giant in the United States, offering a wide range of products from clothing to electronics. As of May 16, 2025, Telsey Advisory has updated its rating for Target to "Outperform," with the stock priced at approximately $98.60. This rating suggests confidence in Target's potential to perform better than the market average.

Analysts at Zacks Investment Research project Target's earnings per share (EPS) for the quarter ending April 2025 to be $1.68, a 17.2% decline from the previous year. Revenue is expected to reach $24.42 billion, a slight decrease of 0.5% from the same quarter last year. These figures indicate a challenging period for Target, with a downward revision of the EPS estimate by 5.7% over the past month.

Despite the downward revisions, Target has a history of outperforming expectations. The company has a trailing four-quarter average earnings surprise of 1.5%, and in the most recent quarter, it exceeded the Zacks Consensus Estimate by 7.1%. This track record may provide some reassurance to investors amid the current challenges.

Target's stock price is currently $98.58, reflecting a 1.56% increase or $1.51. The stock has traded between $97.47 and $99.14 today, with a 52-week high of $167.40 and a low of $87.35. Target's market capitalization is approximately $44.79 billion, with a trading volume of 5,448,280 shares on the NYSE. These figures highlight the stock's volatility and the market's interest in Target.