NYSE · TGT
Target Corporation
Consumer Defensive · Discount Stores
$156.00▼ 0.45% ($0.70)at close
After hours$155.25▼ 0.48%7:52 PM ET
Market cap
$70.85B
P/E
16.22
EPS (TTM)
$9.62
Next earnings
Nov 18, 2026
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 6.1% revenue growth a year for 10 years. Our scenarios assume 0.7–4.4%.
Its past 4 years averaged −0.3% a year.
Value per share
Base case
$97.93
Price used $156.00 is 1.6× this
USD · TTM ending Aug 1, 2026 · Price Oct 2, 8:02 PM UTC
Revenue each value needs
Revenue today $108B. The price needs $194B by 2036. Base case: $119B. At its recent pace: $105B. Bear to Bull: $116B to $166B.
Revenue today $108B. The price needs $194B by 2036. Base case: $119B. At its recent pace: $105B. Bear to Bull: $116B to $166B.
Revenue in 2036
today $108B
+$74.7Bmore than the Base case · 1.6×
Value per share · Base case
$97.93
Price $156.00
1.6× this
- 10-yr revenue CAGR
- 1.0%
- Ending operating margin
- 6.3%
- Discount rate
- 9.2%
USD · TTM ending Aug 1, 2026 · Price Oct 2, 8:02 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 74.28% over the last year. Revenue grew 1.95% over the trailing twelve months. Operating margin moved from 5.13% to 5.59%. Free cash flow grew 54.59% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (65th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 5.59% — continued expansion would be needed to justify the premium. Revenue growth of 1.95% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Return analysis
Company profile
Target Corp. engages in the operation and ownership of general merchandise stores.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 3
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
28
Buy
28
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 18, 2026
Q3 FY26 · EPS est $2.05 · Revenue est $26.39B
View
Institutional Sentiment
Target Corporation · TGT
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.