Lowe's cuts fiscal 2026 sales outlook. Evercore sets USD 190.00 target for Lowe's stock

Published on 10/21/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 25.96 billion, up 8.30 percent year over year. Lowe's stock trades at EUR 176.10 on October 21, 2026, with a USD 190.00 target.

Upcoming dates frame the outlook

Lowe's set fiscal 2026 sales guidance at USD 92.0 billion on August 19, 2026.
Evercore set a USD 190.00 target for Lowe's on October 6, 2026.
Lowe's stock trades at EUR 176.10 at 11:10 a.m. CEST at Lang & Schwarz on October 21, 2026.

Makrofoto von Holzmaserung mit Schrauben und Holzspänen im warmen Streiflicht — Makroaufnahme von Holzmaserung und Schrauben zeigt Baumaterial, thematisch verbunden mit Lowe's Companies, ISIN US5486611073, Illustration mit AI erstellt.

Lowe's Companies (ISIN US5486611073) set fiscal 2026 sales guidance at USD 92.0 billion after USD 92.0 billion to USD 94.0 billion, while the stock was trading at EUR 176.10 at Lang & Schwarz on October 21, 2026, at 11:10 a.m. CEST. Trefis described the lower outlook on October 20, 2026, as the key test for demand.

Sales guidance reaches USD 92.0 billion

The August 19, 2026 update put comparable sales at roughly flat for fiscal 2026, compared with the earlier range of flat to 2.00 percent growth. In the second quarter of fiscal 2026, revenue rose 8.30 percent year over year to USD 25.96 billion, while comparable sales increased 0.20 percent. Yahoo Finance reported that online sales rose 15.70 percent in the quarter, but transactions fell 2.10 percent.

What does the target imply?

MarketBeat reported that Evercore set a USD 190.00 target on October 6, 2026, while Melius Research set USD 244.00 on the same date. The primary-market reference was USD 198.53 at the NYSE on October 20, 2026, at 4:02 p.m. ET, and Lowe's market capitalization was USD 111.4 billion at that time.

Three dates changed the picture

On August 19, 2026, Lowe's reported USD 25.96 billion of second-quarter revenue and adjusted earnings per share of USD 4.40 through its results update. On September 24, 2026, the retailer announced a drone-delivery pilot covering more than 100 products, as Yahoo Finance reported. On October 20, 2026, Trefis highlighted the 0.20 percent comparable-sales increase in the second quarter.

When are the next dates?

The USD 1.25 quarterly dividend has an ex-dividend date of October 21, 2026, according to MarketBeat. Lowe's next earnings conference call is scheduled for November 18, 2026, according to the Lowe's investor calendar.

Price stays below the yearly high

Lowe's primary-market 52-week range was USD 178.45 to USD 293.06 as of October 20, 2026. The current euro quote stood at EUR 176.10 at Lang & Schwarz on October 21, 2026, at 11:10 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lowe's stock.