Ross Stores stock gains analyst support as Truist lifts target to USD 310
Published on 09/10/2026 at 21:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ross Stores Inc. (ISIN US7782961038) stock is drawing renewed attention from Wall Street after Truist Securities reiterated its Buy rating and lifted its price target to USD 310 on September 10, 2026, while the shares recently traded around USD 226 on Nasdaq, reflecting a strong multi-month rally.
Analysts raise targets after strong results
According to Investing.com on September 10, 2026, Truist Securities reaffirmed its Buy recommendation on Ross Stores and increased its price target to USD 310, highlighting strong traffic growth and an optimistic outlook for the second half of the year.
The same overview reports that Ross Stores shares have delivered a 52 percent return over the past 12 months, with the stock trading at USD 226.39 and the company’s market capitalization at USD 72.23 billion as of the Investing.com snapshot on September 10, 2026.
As Investing.com further notes, several houses adjusted their price targets following recent performance: Bernstein raised its target to USD 240, UBS moved its target to USD 239 after lifting its fiscal 2026 earnings forecast by 15 percent, and Citi increased its target to USD 290 while keeping a Buy stance, all pointing to robust sales trends.
Quarterly figures show double-digit growth
Recent quarterly numbers provide the backdrop for the analyst optimism. A research summary on Ross Stores from StockStory states that in Q2 calendar 2026, Ross Stores generated revenue of USD 6.26 billion, representing a 13.3 percent year-on-year increase, and exceeded Wall Street expectations.
The same report indicates that in Q1 calendar 2026, Ross Stores delivered revenue of USD 6.01 billion, up 20.6 percent compared with the prior-year quarter and roughly USD 0.37 billion above analyst estimates, underlining that the acceleration in sales has been visible for more than one quarter.
According to StockStory, Ross Stores reported GAAP earnings per share of USD 2.02 in Q1 calendar 2026, beating analyst expectations of USD 1.72 by 17.6 percent, and set full-year GAAP EPS guidance at USD 7.62 at the midpoint, roughly 2.7 percent above the consensus prevailing at the time.
A news feed on Yahoo Finance dated September 9, 2026, summarizes that Ross Stores Q2 2026 earnings call highlighted record sales and raised guidance, confirming that the company’s management responded to the strong demand by lifting outlook parameters for the current year.
Consensus remains positive but not unanimous
Beyond individual target revisions, the broader analyst community remains constructive on Ross Stores. A MarketBeat overview referenced in a filing note indicates that 15 analysts currently rate the stock as Buy and six as Hold, resulting in a consensus rating of Moderate Buy and an average price target of USD 263.76, which stands above the recent share price and below the most aggressive individual targets.
In a separate analysis, Zacks reports on September 10, 2026, that the average brokerage recommendation for Ross Stores stands at 1.57 on its five-point scale, placing the shares between Strong Buy and Buy.
According to the same Zacks-based article on Yahoo Finance, the Zacks Consensus Estimate for Ross Stores’ current-year earnings increased by 4.9 percent over the past month to USD 8.77 per share, and the stock holds a Zacks Rank 2, corresponding to Buy, reflecting a supportive pattern of upward estimate revisions.
For investors, this combination of raised price targets, earnings beats and higher guidance underscores why several firms see upside from current levels, even though the average target of around USD 263 sits closer to the recent market price than the most optimistic view of USD 310.
Stock performance and valuation picture
Per the Investing.com analyst-rating snapshot on September 10, 2026, Ross Stores shares at USD 226.39 imply that the stock is trading roughly 14.2 percent below the consensus price target of USD 263.76 referenced by MarketBeat, while still showing a 52 percent gain over the past year, which reflects a significant outperformance versus many broader retail peers.
The StockStory analysis dated July 30, 2026, points out that at a share price of USD 253 at that time Ross Stores was valued at 31.9 times forward earnings, indicating a premium multiple compared with several traditional apparel retailers but one that the market appears willing to pay for consistent double-digit growth.
From a risk perspective, the Zacks discussion on Yahoo Finance cautions that relying solely on the average brokerage recommendation is not sufficient for an investment decision and emphasizes that investors should consider factors such as valuation, competitive dynamics and macroeconomic conditions, particularly in a retail environment sensitive to consumer spending and inflation trends.
Ross Stores stock and current market level
Ross Stores stock is listed on Nasdaq under the ticker ROST, and recent price data around September 10, 2026, show the shares trading in the mid-USD 220 range in United States dollars, with a market capitalization above USD 70 billion as of the latest Investing.com overview, after a 52 percent gain over the previous 12 months.
Ross Stores stock key data
- Company: Ross Stores Inc.
- ISIN: US7782961038
- Ticker: ROST
- Trading venue: Nasdaq
- Price (as of September 10, 2026): 226.39 USD
- Market capitalization: 72.23 billion USD (as of September 10, 2026)
- Sector / Industry: Consumer Discretionary / Off-price retail
- Index membership: S&P 500
