Lowe’s Price Target Raised to $295 on Strong Q4 Sales and EPS Beat
Telsey Advisory raised Lowe’s price target to $295 from $285 and kept an Outperform rating after the retailer reported Q4 same-store sales up 1.3% and adjusted EPS of $1.98. For FY26, Lowe’s sees comparable sales flat to 2% and adjusted EPS of $12.25 to $12.75, slightly below analysts’ $12.95 consensus.
1. Analyst Upgrade
Telsey Advisory raised Lowe’s price target to $295 from $285 and reaffirmed an Outperform rating based on strong Q4 demand and execution.
2. Q4 Performance
Lowe’s reported a 1.3% increase in same-store sales and delivered adjusted EPS of $1.98, both surpassing analyst projections.
3. FY26 Guidance
The company forecasts fiscal 2026 comparable sales growth of 0–2% and adjusted EPS of $12.25–$12.75, slightly below the $12.95 consensus estimate.
4. Market Challenges
Management highlighted ongoing housing market headwinds, uncertain tariff policy, and consumer spending caution while expressing confidence in gaining market share.