Dollar General stock gets HSBC upgrade and USD 160 target

Published on 10/04/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dollar General stock closed at USD 118.94 on October 2, 2026, while HSBC raised its target to USD 160. The latest quarter beat EPS consensus.

Fotorealistisches Außenbild einer US-Discountfiliale mit Parkplatz und blauem Himmel — Dollar General Einzelhandelsfiliale liegt im amerikanischen Vorort mit ISIN US2566771059 an der NYSE, Illustration mit AI erstellt.

Dollar General stock (ISIN US2566771059) closed at USD 118.94 on the NYSE on October 2, 2026, up USD 0.01 or 0.01 percent from the prior close. The latest analyst action came from HSBC, which upgraded the stock from Hold to Buy on September 24 and raised its price target from USD 125 to USD 160, according to Yahoo Finance.

HSBC targets USD 160

The new HSBC target stands 34.5 percent above the October 2 closing price. The call was tied to Dollar General's recent operating improvement, but the same report highlighted pressure on the chain's lower-income customer base and competition from larger retailers.

Traffic is the key operating variable. Dollar General's comparable sales rose 3.5 percent in the second quarter, while revenue increased 5.2 percent to USD 11.29 billion, according to Yahoo Finance. Customer traffic increased 2.0 percent and the average transaction amount rose 1.5 percent, giving the revenue gain a broader base than price increases alone.

Quarterly beat supports guidance

Adjusted EPS reached USD 2.48 against USD 2.01 consensus for the second quarter reported on August 27, 2026. Dollar General also lifted fiscal 2026 EPS guidance to USD 7.80-8.00 from USD 7.20-7.45, while the quarterly revenue figure exceeded the USD 11.20 billion estimate, according to MarketBeat. The comparison matters because the guidance increase followed a 33.3 percent year-over-year rise in quarterly EPS.

MarketBeat's consensus remains Hold across 29 analysts, with 18 Hold ratings, 10 Buy ratings and one Sell rating. Its average target of USD 135.46 lies 13.9 percent above the October 2 close, leaving the market view below HSBC's USD 160 target.

Dollar General stock stays below yearly high

The stock's October 2 range was USD 117.31 to USD 119.33, with volume of 1,601,129 shares. Its 52-week range is USD 95.11 to USD 158.23, while market capitalization stands at USD 26.2 billion as of October 2, 2026.

Dollar General also declared a USD 0.59 quarterly dividend. The ex-dividend date is October 6, 2026, and the payment date is October 20, 2026.