Ross Stores stock: Gordon Haskett cuts target to USD 250.00

Published on 10/20/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gordon Haskett lowered its target from USD 285 to USD 250 on October 9, 2026. Ross Stores stock costs EUR 211.93 on October 20, 2026.

Analyst target and reporting date

Gordon Haskett cut its Ross Stores target from USD 285.00 to USD 250.00 on October 9, 2026.
Ross Stores reported USD 6.26 billion in Q2 FY2026 revenue, up 13.30 percent year over year.
Ross Stores stock traded at EUR 211.93 at Lang & Schwarz on October 20, 2026 at 4:42 p.m. CEST.
The next expected earnings release is November 19, 2026.

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Ross Stores (ISIN US7782961038) is facing a lower analyst valuation after Gordon Haskett cut its price target from USD 285.00 to USD 250.00 on October 9, 2026, as reported by Fidelity. Ross Stores stock was trading at EUR 211.93 at Lang & Schwarz on October 20, 2026 at 4:42 p.m. CEST.

Target cut sharpens valuation debate

The USD 35.00 reduction leaves the new target 4.52 percent above the USD 239.21 Nasdaq price reported for Ross Stores at 10:58 a.m. ET on October 20, 2026. That calculation uses the same home-exchange currency and keeps the analyst view separate from the euro quotation.

The target change also contrasts with the latest operating figures. Ross Stores reported USD 6.26 billion of revenue in the second quarter of fiscal 2026, ended August 1, 2026, up 13.30 percent from the prior-year quarter. Net income reached USD 851.30 million, up 67.60 percent, while diluted earnings per share rose to USD 2.66 from USD 1.56. The quarter included a one-time USD 253.00 million pretax benefit from tariff refunds, according to Ticker Scout.

What matters before November 19?

Zacks lists November 19, 2026 as the expected next earnings release and gives a consensus estimate of USD 1.82 in earnings per share for the quarter ending October 2026. The upcoming report will therefore test whether the strong second-quarter comparison can continue after the tariff-related benefit.

Nasdaq range keeps the stock elevated

Ross Stores was quoted at USD 239.21 on Nasdaq on October 20, 2026 at 10:58 a.m. ET. Its finance profile showed a 52-week range of USD 154.87 to USD 257.00, a market capitalization of USD 76.7 billion, and a price-to-earnings ratio of 28.93 at that time. The stock was 6.93 percent below its 52-week high, calculated in USD.

Ross Stores is listed on Nasdaq under ticker ROST and operates in retail-family clothing stores, according to Ticker Scout. The valuation picture now combines a recent target reduction with quarterly revenue growth and a scheduled earnings date.

Price and investor perspective

The euro quotation gives German investors a current trading marker, while the Nasdaq figures provide the companys home-market valuation frame. The next earnings report is the clearest dated event for testing the USD 250.00 target against updated sales and profit figures.

The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.