Argus raises target for Ross Stores stock to USD 248.00
Published on 10/21/2026 at 12:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and retail expansion
- Argus lifted its Ross Stores target to USD 248.00 on October 14, 2026.
- Second-quarter revenue reached USD 6.26 billion, up 13.30 percent year over year.
- Ross Stores stock traded at EUR 211.28 at 12:02 p.m. CEST at Lang & Schwarz on October 21, 2026, 0.83 percent below the Xetra close of October 20, 2026.
- Ross Stores completed 115 planned store openings during fiscal year 2026.
Ross Stores stock (ISIN US7782961038) was trading at EUR 211.28 at Lang & Schwarz on October 21, 2026 at 12:02 p.m. CEST, down 0.83 percent versus the Xetra close of October 20, 2026 at EUR 213.05. The latest analyst signal came from Argus, which raised its target to USD 248.00 on October 14, 2026.
Three dates show the retail push
On August 20, 2026, Ross Stores reported second-quarter revenue of USD 6.26 billion, up 13.30 percent from the prior-year quarter, while net earnings rose 67.60 percent to USD 851.30 million, Retail Dive reported. On October 12, 2026, the company opened 51 locations, bringing its fiscal year 2026 additions to 115, according to StockTitan. On October 14, 2026, Argus raised its target to USD 248.00.
What does the target imply?
The target sits above the US quote context supplied by Argus, but the euro quotation remains below the October 20 Xetra close. That combination makes the analyst target a valuation signal rather than proof of a fresh price breakout.
The operating base is expanding at the same time. Ross Stores now has 2,377 locations, while management says the two banners could eventually reach at least 2,900 Ross Dress for Less stores and 700 dd's DISCOUNTS stores, according to StockTitan. The second-quarter comparison also included a one-time tariff refund benefit of USD 253.00 million, according to TickerScout. That item matters when investors assess how much of the earnings increase can repeat.
When are the next results due?
Ross Stores is expected to report its next quarterly results on November 19, 2026, according to 6ix.
Stock trades below the Xetra close
The current euro quotation is below the prior Xetra session while the latest analyst target remains USD-denominated. For investors, the next results will help separate recurring store and sales gains from the tariff-related boost.
Ross Stores stock was trading at EUR 211.28 at Lang & Schwarz on October 21, 2026 at 12:02 p.m. CEST, 0.83 percent below the Xetra close of October 20, 2026 at EUR 213.05. The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.
Ross Stores stock facts
- Company: Ross Stores, Inc.
- ISIN: US7782961038
- Ticker: ROST
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 12:02 p.m. CEST): EUR 211.28
- Change versus Xetra close: minus 0.83 percent
- Xetra close (October 20, 2026): EUR 213.05
- Market capitalization: USD 76.1 billion (as of October 20, 2026)
- 52-week range: USD 154.87-257.00 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Apparel Retail
- Index membership: S&P 500 and Nasdaq 100
Market context: Market report S&P 500.
