Target Corp. stock heads toward November 18 earnings after Q2 beat

Published on 10/07/2026 at 16:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target Corp. stock was at USD 153.99 on October 7, 2026, while fiscal Q2 revenue reached USD 26.54 billion. Target plans its next report for November 18.

Flatlay mit Aktienzertifikat, ISIN-Karte, Einkaufskorb und Stoffmustern auf Holztisch — Flatlay-Arrangement kombiniert Aktienzertifikat und ISIN-Karte mit Einzelhandelsutensilien und repräsentiert Target Corp., ISIN US87612E1064, symbolisch, Illustration mit AI erstellt.

Target Corp. (ISIN US87612E1064) was trading at USD 153.99 on the NYSE on October 7, 2026, down 0.22 percent from the USD 154.33 prior close. The next earnings report is scheduled for November 18, 2026, keeping the retailer's improved fiscal 2026 outlook at the center of attention.

Q2 sales set the baseline

In fiscal Q2 2026, Target generated USD 26.54 billion in revenue, an increase of 5.3 percent from the year-ago quarter. According to Yahoo Finance on October 2, adjusted earnings reached USD 4.11 per share versus USD 2.34 expected, while operating margin rose to 9.6 percent from 5.2 percent.

The quarterly result included a tariff refund that contributed USD 1.65 to earnings per share, making the underlying improvement more important than the headline beat alone. Excluding that benefit, adjusted EPS still increased 20 percent year over year to USD 2.46, according to Zacks on September 17.

Guidance raises the hurdle

Target lifted fiscal 2026 adjusted EPS guidance to USD 9.90-10.90 from USD 7.50-8.50. The new midpoint of USD 10.40 stands USD 0.75 above the earlier midpoint, although the updated range includes the second-quarter refund benefit.

For investors, the November report will test whether lower prices can support traffic without eroding the margin recovery. Target has cut prices on thousands of products ahead of the holiday season, while fiscal Q2 comparable sales rose 3.8 percent and comparable traffic increased 3.6 percent, according to Yahoo Finance.

Consensus points above the quote

The consensus view remains a Moderate Buy across 34 analysts, with an average price target of USD 163.88, according to Yahoo Finance. That target lies 6.4 percent above the USD 153.99 share price, leaving the November results as the next quantified test of the recovery narrative.

Target stock faces November test

Target Corp. stock was last at USD 153.99 on the NYSE on October 7, 2026 at 10:27 a.m. ET. Its 52-week range is USD 83.44 to USD 170.75, placing the quote USD 16.76 below the yearly high.