Target Corp

Target Corp

TGT

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Market Cap$61.42B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Target CorpTarget Corp17.83.37%26%0.60.3

Earnings Call Q1 2026

May 20, 2026 - AI Summary

Strong Q1 momentum, but still “early” vs long-term goals - Net sales: +6.7% YoY; comp sales +5.6% - Traffic: +4.4% (more than offset -2.4% a year ago), indicating demand/visit strength - 2-year comps: +3.7% vs Q1 2024-to-2026 benchmark, but below the level Target wants long-term (management stressed they’re *not yet* at the desired 2-year growth pace) - Category signal: Fun101, beauty, and food & beverage showing mid-single-digit 2-year compound growth, while home and apparel remained below prior-year levels
Merchandising strategy is the core driver (with clear “focus areas”) - Target is prioritizing a set of “bold, distinctive and affordable” assortments that management says are ~half of sales and expected to drive ~3/4 of growth going forward - Examples of early traction (“proof points”): - Baby & Kids: >5 percentage point acceleration in baby comp trends in the back half of Q1 after new offerings; includes test of a baby Concierge in select stores - Health & wellness: ~1,500 new items, plans to refresh ~40% of assortment in 2026; double-digit sales growth and ~2x comp acceleration vs Q4 - Food: 3,000 new food items in Q1 with >50% sales growth vs prior assortment; “Food Forward” aims to make food a reason to choose Target - Culture-driven exclusives: partnerships (e.g., Parke, Roller Rabbit, Pokemon) exceeded expectations on engagement and launch-week sales
Operational progress, but product findability/in-stock remain the key friction - Many store experience metrics hit 3-year highs (including improvements in NPS and satisfaction around wait times, cleanliness, and team interactions) - Biggest issues to fix: product findability and in-stock availability, especially in food and at evenings/weekends - Q1 inventory availability improved, including meaningful YoY improvement in top item availability - Investments/actions: - Labor/workload rebalancing (payroll + training) to free time for guests - Fulfillment simplification to support growing digital demand - Tech/tools upgrades (e.g., myDevice, performance dashboards) - Continued expansion of physical capacity and upstream logistics capabilities

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$130.00

Target Price by Analysts

2.4% downsideTarget Target Price DetailsTarget Price
$89.78

Current Fair Value

32.6% downside

Overvalued by 32.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$61.42 Billion
Enterprise Value$62.44 Billion
Dividend Yield$4.56 (3.37%)
Earnings per Share$8.16
Beta0.99
Outstanding Shares453,800,000

Return

Return on Equity25.80%ROE
Return on Assets7.29%
Return on Invested Capital15.18%

Valuation & Multiples

P/E Ratio17.79P/E Ratio
PEG-196.04PEG
Price to Sales0.57Price to Sales
Price to Book Ratio3.7Price to Book Ratio
Enterprise Value to Revenue0.58
Enterprise Value to EBIT10.65
Enterprise Value to Net Income14
Total Debt to Enterprise0.07
Debt to Equity0.28Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 20, 2026
EPS Estimate
$1.47
Average shareholder expectation
Revenue Estimate
$24.66 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 19, 2026
EPS Estimate
$2.21
Average shareholder expectation
Revenue Estimate
$26.02 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.9373 21.66%
Total Calls19,861,188 38.61%
Total Puts18,616,333 20.16%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %84.22% 0.34%
Total Invested$46.30B 24.17%
Investors Holding1,918 98.00%

ESG Score

No data

About Target Corp

CEO: Gregg Steinhafel

Relevant Senate Committees

Joint Committee on Taxation

As the technical advisor for tax legislation, this committee's analysis and official 'scoring' of tax bills are foundational to the tax policies that directly influence Target's corporate tax burden and profitability.

Finance

This committee's control over taxation and trade policy directly impacts Target's profitability through corporate tax rates and its cost of goods sold through tariffs and duties on imported merchandise.

Health, Education, Labor, and Pensions

As a major employer, Target is directly and significantly impacted by labor laws, minimum wage policies, workplace safety regulations, and union regulations, all of which fall under this committee's purview.

Commerce, Science, and Transportation

This committee's jurisdiction over interstate commerce, the FTC (consumer protection, advertising), and potential federal data privacy regulations directly impacts Target's business practices, marketing, and customer data management.

Foreign Relations

As a major retailer, Target relies heavily on global supply chains for its merchandise. Policies on tariffs, trade agreements, and sanctions, driven by this committee, directly impact Target's cost of goods, pricing strategies, and product availability.