WallStreetZenWallStreetZen

NYSE: TGT
Target Corp Stock Forecast, Predictions & Price Target

Buy TGT

Analyst price target for TGT

Based on 26 analysts offering 12 month price targets for Target Corp.
Min Forecast
$150.00-16.75%
Avg Forecast
$198.23+10.01%
Max Forecast
$300.00+66.49%

Should I buy or sell TGT stock?

Based on 26 analysts offering ratings for Target Corp.
Buy
Strong Buy
11 analysts 42.31%
Buy
8 analysts 30.77%
Hold
7 analysts 26.92%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TGT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 11%
90
Strong BuyMaintains$190.00+5.44%2022-08-09Find out why
Wells Fargo
Top 3%
98
Strong BuyUpgrades$195.00+8.22%2022-08-01Find out why
Tigress Financial
Bottom 9%
9
BuyMaintains$215.00+19.32%2022-07-29
Piper Sandler
Top 2%
99
HoldInitiates Coverage On$190.00+5.44%2022-07-22Find out why
Barclays
Bottom 7%
7
Strong BuyMaintains$175.00-2.88%2022-06-08Find out why
DA Davidson
Top 3%
98
Strong BuyMaintains$171.00-5.10%2022-06-08
Truist Securities
Top 5%
96
HoldMaintains$150.00-16.75%2022-06-08Find out why
Guggenheim
Top 13%
88
Strong BuyMaintains$185.00+2.67%2022-06-08Find out why
UBS
Top 14%
87
Strong BuyMaintains$205.00+13.77%2022-06-08Find out why
Deutsche Bank
Top 13%
88
Strong BuyMaintains$198.00+9.88%2022-06-08Find out why

1 of 3

Forecast return on equity

Is TGT forecast to generate an efficient return?
Company
58.88%
Industry
35.14%
Market
27.69%
TGT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TGT forecast to generate an efficient return on assets?
Company
12.48%
Industry
9.97%
TGT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TGT earnings per share forecast

What is TGT's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$8.43-30.79%
Avg 2 year Forecast
$12.14-0.33%
Avg 3 year Forecast
$13.68+12.32%
TGT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TGT revenue forecast

What is TGT's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$110.0B+2.8%
Avg 2 year Forecast
$114.1B+6.65%
Avg 3 year Forecast
$117.7B+10.03%
TGT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TGT earnings growth forecast

How is TGT forecast to perform vs Discount Stores companies and vs the US market?
Company
5.81%
Industry
11.38%
Market
16.25%
TGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TGT revenue growth forecast

How is TGT forecast to perform vs Discount Stores companies and vs the US market?
Company
3.28%
Industry
4.75%
Market
8.68%
TGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TGT vs Discount Store Stocks

TickerPricePrice TargetUp/downsideConsensus
TGT$180.19$198.23+10.01%Buy
DG$256.78$253.92-1.11%Buy
DLTR$168.22$165.63-1.54%Buy
BJ$69.24$67.67-2.27%Buy
OLLI$66.49$67.00+0.77%Buy

Target Stock Forecast FAQ

Is Target Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 26 Wall Street analysts covering (NYSE: TGT) stock is to Buy TGT stock.

Out of 26 analysts, 11 (42.31%) are recommending TGT as a Strong Buy, 8 (30.77%) are recommending TGT as a Buy, 7 (26.92%) are recommending TGT as a Hold, 0 (0%) are recommending TGT as a Sell, and 0 (0%) are recommending TGT as a Strong Sell.

If you're new to stock investing, here's how to buy Target stock.

What is TGT's earnings growth forecast for 2023-2025?

(NYSE: TGT) Target's forecast annual earnings growth rate of 5.81% is not forecast to beat the US Discount Stores industry's average forecast earnings growth rate of 11.38%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.25%.

Target's earnings in 2022 is $5,858,000,000.On average, 14 Wall Street analysts forecast TGT's earnings for 2023 to be $3,908,960,762, with the lowest TGT earnings forecast at $3,245,874,891, and the highest TGT earnings forecast at $4,173,267,717. On average, 13 Wall Street analysts forecast TGT's earnings for 2024 to be $5,629,274,454, with the lowest TGT earnings forecast at $4,822,442,695, and the highest TGT earnings forecast at $6,269,175,504.

In 2025, TGT is forecast to generate $6,343,366,930 in earnings, with the lowest earnings forecast at $5,796,205,163 and the highest earnings forecast at $6,969,357,087.

What is TGT's revenue growth forecast for 2023-2025?

(NYSE: TGT) Target's forecast annual revenue growth rate of 3.28% is not forecast to beat the US Discount Stores industry's average forecast revenue growth rate of 4.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.68%.

Target's revenue in 2022 is $106,978,000,000.On average, 10 Wall Street analysts forecast TGT's revenue for 2023 to be $50,992,248,461,661, with the lowest TGT revenue forecast at $50,087,559,139,434, and the highest TGT revenue forecast at $51,299,661,563,016. On average, 10 Wall Street analysts forecast TGT's revenue for 2024 to be $52,902,019,234,314, with the lowest TGT revenue forecast at $51,677,574,139,611, and the highest TGT revenue forecast at $53,878,277,315,709.

In 2025, TGT is forecast to generate $54,581,155,757,677 in revenue, with the lowest revenue forecast at $53,877,813,619,296 and the highest revenue forecast at $54,920,935,796,053.

What is TGT's forecast return on assets (ROA) for 2023-2025?

(NYSE: TGT) forecast ROA is 12.48%, which is higher than the forecast US Discount Stores industry average of 9.97%.

What is TGT's Price Target?

According to 26 Wall Street analysts that have issued a 1 year TGT price target, the average TGT price target is $198.23, with the highest TGT stock price forecast at $300.00 and the lowest TGT stock price forecast at $150.00.

On average, Wall Street analysts predict that Target's share price could reach $198.23 by Aug 9, 2023. The average Target stock price prediction forecasts a potential upside of 10.01% from the current TGT share price of $180.19.

What is TGT's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: TGT) Target's current Earnings Per Share (EPS) is $12.18. On average, analysts forecast that TGT's EPS will be $8.43 for 2023, with the lowest EPS forecast at $7.00, and the highest EPS forecast at $9.00. On average, analysts forecast that TGT's EPS will be $12.14 for 2024, with the lowest EPS forecast at $10.40, and the highest EPS forecast at $13.52. In 2025, TGT's EPS is forecast to hit $13.68 (min: $12.50, max: $15.03).

What is TGT's forecast return on equity (ROE) for 2023-2025?

(NYSE: TGT) forecast ROE is 58.88%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.