Truist raises target for Tractor Supply stock to USD 33 from USD 32

Published on 10/20/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results arrive October 22, 2026 after second-quarter revenue of USD 4.54 billion. Tractor Supply stock trades at EUR 29.58 on October 20, 2026.

Upcoming results test revised outlook

Truist lifted its target to USD 33 from USD 32 on October 19, 2026.
Second-quarter revenue reached USD 4.54 billion while comparable sales fell 1.50 percent.
Tractor Supply stock trades at EUR 29.58 at 1:20 p.m. CEST at Lang & Schwarz on October 20, 2026.

TSCO, US8923561067, Illustration mit AI erstellt.

Tractor Supply Company (ISIN US8923561067) was trading at EUR 29.58 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST. Investing.com reported on October 19, 2026, that Truist Securities raised its target for Tractor Supply to USD 33 from USD 32 while maintaining a Hold rating.

Analysts adjust targets before results

The Truist update also lifted its third-quarter comparable-sales estimate to 1.00 percent from negative 1.80 percent and raised its third-quarter earnings-per-share estimate to USD 0.45 from USD 0.39. The firm cited improved trends in card data, weather and merchandise resets, but retained its Hold rating.

Markets Insider reported on October 19, 2026, that Wells Fargo raised its target from USD 35 to USD 36 and kept an Overweight rating. The split between a Hold at Truist and an Overweight view at Wells Fargo leaves the upcoming report as the next major test of demand.

What will results test?

In the second quarter of 2026, revenue rose 2.30 percent year over year to USD 4.54 billion, while comparable-store sales declined 1.50 percent. Net income was USD 360.72 million and diluted earnings per share were USD 0.69, according to Financial Report Insights.

Chronology matters. On July 23, 2026, Tractor Supply reported second-quarter revenue of USD 4.54 billion. On October 9, 2026, it scheduled third-quarter results and a conference call for October 22, 2026. On October 19, 2026, Truist raised its target to USD 33 from USD 32. The sequence puts comparable sales and earnings conversion at the center of the next update.

Two dates shape the next update

Tractor Supply Company said on October 9, 2026, that it would release third-quarter 2026 results before the market opens on October 22, 2026, followed by a conference call at 10:00 a.m. ET. Those are the next dated company events.

Price holds the investor lens

The report will show whether the improved sales indicators cited by Truist can offset the 1.50 percent comparable-sales decline from the second quarter. The company also operated 2,463 Tractor Supply stores and 209 Petsense stores as of June 27, 2026, giving store productivity and the pet business a measurable role in the outlook.

Tractor Supply stock was trading at EUR 29.58 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tractor Supply stock.