Target stock holds near its yearly high after earnings beat

Published on 09/23/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target stock closed at USD 157.66 on September 21, 2026, while second-quarter EPS reached USD 4.11. Revenue rose 5.3 percent year over year.

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Target Corporation stock (ISIN US87612E1064) closed at USD 157.66 on the NYSE on September 21, 2026, down 0.34 percent from the prior close. The price remained below the 52-week high of USD 170.75, while the latest quarterly figures showed earnings of USD 4.11 per diluted share and revenue of USD 26.54 billion.

Quarterly profit doubles

Target reported second-quarter 2026 revenue of USD 26.54 billion, up 5.3 percent from the same quarter a year earlier. Diluted EPS rose to USD 4.11 from USD 2.05, an increase of USD 2.06 per share, while the result exceeded the USD 2.35 consensus by USD 1.76, according to MarketBeat on September 22, 2026.

The underlying comparison is more nuanced than the headline EPS gain. Target's second-quarter operating income reached USD 2.6 billion, compared with USD 1.3 billion a year earlier, but USD 994 million of tariff refunds contributed to the result. Excluding those refunds, operating income growth was approximately 19 percent, according to StockTitan in its September 22, 2026 filing summary.

Guidance sets the next test

Target set fiscal 2026 EPS guidance at USD 9.90 to USD 10.90, while the analyst estimate cited by MarketBeat stood at USD 8.85 for the year. That gap gives the guidance range greater weight than the one-time refund effect when investors assess the retailer's earnings power.

Operating indicators also improved in the second quarter of fiscal 2026. Comparable sales increased 3.8 percent, traffic rose 3.6 percent and non-merchandise sales grew 20.1 percent, led by the Roundel digital advertising business, according to StockTitan on September 22, 2026.

Stock remains below its high

Market data for September 21, 2026, put Target's 52-week range at USD 83.44 to USD 170.75 and market capitalization at USD 71.62 billion. Volume was 2.15 million shares, below the reported average volume of 3.75 million shares, leaving the stock about USD 13.09 below its yearly high.

Target stock closed at USD 157.66 on the NYSE on September 21, 2026. The next estimated earnings date is November 18, 2026, according to MarketBeat's current company data.