HSBC raises Target stock target to USD 190.00, 21.33 percent above price

Published on 10/16/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target reports on November 18, 2026 before the open. Target stock costs EUR 140.00 on October 16, 2026, while NYSE closed at USD 156.60.

Analyst view and operating scale

HSBC raised its Target price target from USD 125.00 to USD 190.00 on September 30, 2026.
Second-quarter 2026 revenue rose 5.30 percent year over year to USD 26.54 billion.
Target stock costs EUR 140.00 at Lang & Schwarz on October 16, 2026 at 3:10 p.m. CEST.
Target's market capitalization was USD 71.1 billion on October 15, 2026.

Extreme Nahaufnahme von gefalteter Baumwoll- und Jeansstoff-Textur in Blau und Beige — Makroaufnahme von Textilgewebe illustriert das Warensortiment der Branche von Target Corp., ISIN US87612E1064, in Denimstruktur, Illustration mit AI erstellt.

HSBC raised its Target price target from USD 125.00 to USD 190.00 on September 30, 2026. The change gives the analyst view a 21.33 percent distance above the USD 156.60 NYSE quote dated October 15, 2026, calculated in the same currency, according to Yahoo Finance. Target stock was trading at EUR 140.00 at Lang & Schwarz on October 16, 2026 at 3:10 p.m. CEST.

Second-quarter sales reached USD 26.54 billion

Target's second-quarter 2026 revenue rose 5.30 percent year over year to USD 26.54 billion. The company also reported diluted earnings per share of USD 4.11 for the period, compared with the USD 2.35 consensus estimate, while revenue exceeded the USD 26.13 billion estimate, MarketBeat reported on October 14, 2026.

Range from USD 83.44 to USD 170.75

The NYSE quote was USD 156.60 at 3:59 p.m. EDT on October 15, 2026. That places Target 8.29 percent below its USD 170.75 52-week high and 87.77 percent above its USD 83.44 low. Trading volume was 3,539,399 shares against an average of 3,969,259, a 10.83 percent gap below the average.

On September 30, 2026, HSBC's USD 190.00 target stood 21.33 percent above the dated NYSE price. The next earnings report is scheduled for November 18, 2026, before the open, according to Gekko.

Valuation and peer scale

Target had a market capitalization of USD 71.1 billion, a P/E ratio of 16.26 and a dividend yield of 3.00 percent as of October 15, 2026. The valuation sits below the figures reported for Walmart and Costco, although the businesses differ in format and scale.

Comparison with peers

Target Corporation (NYSE, USD): P/E 16.26, market capitalization USD 71.1 billion

Walmart (NYSE, USD): P/E 42.71, market capitalization USD 938.0 billion

Costco Wholesale (Nasdaq, USD): P/E 47.11, market capitalization USD 433.4 billion

Price and upcoming date

For investors, the immediate comparison is between Target's USD 190.00 analyst target and the USD 156.60 NYSE quote, while the next scheduled reporting date is November 18, 2026. The latest quarter's USD 26.54 billion revenue provides the operating reference for that appointment.

Target stock was trading at EUR 140.00 at Lang & Schwarz on October 16, 2026 at 3:10 p.m. CEST. The NYSE quote was USD 156.60 on October 15, 2026 at 3:59 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Target stock.