$158.25
-0.75-0.47%
At close: Aug 19, 5:00 PM EST
$159.00
N/A
Pre-Market: 5:05 AM EST
Target Corp
TGTNYSE
Earnings: Q2 2026 Earnings were released on Wed Aug 19th, before the market open
Conference Call: The most recent conference call started at 8:00 AM, 2 days agoClick to view the webcast
Target Earnings & Forecasts
Target (TGT) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Target Guidance
Target (TGT) last issued guidance on August 19, 2026 for fiscal year 2026. The company guided earnings per share in the range of $9.9 - $10.9, compared to a consensus EPS estimate of $7.72. Target also guided revenue in the range of $110.02B - $110.02B for the period.
Compared to prior guidance, Target raised its EPS outlook from a previous range of $8.5 - $8.5. On the revenue side, the company maintained its revenue forecast from a prior range of $108.97B - $108.97B.
Target has issued 24 guidance updates between February 28, 2023 and August 19, 2026. During this period, the company raised its outlook 8 times and lowered it 10 times, providing investors with insight into management's evolving expectations.
Recent Earnings Results
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.25 | $1.35 | $2.16 | $1.73 |
| Actual | $2.46 | $1.71 | $2.44 | $1.78 |
| Surprise | +9.33% | +26.7% | +13.0% | +2.89% |
| Revenue | ||||
| Estimate | $25.70B | $24.34B | $30.49B | $25.32B |
| Actual | $26.54B | $25.44B | $30.45B | $25.27B |
| Surprise | +3.28% | +4.54% | -0.13% | -0.18% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.89 | $2.57 | $1.52 | $2.37 |
| Revenue | ||||
| Consensus | $26.07B | $31.44B | $24.66B | $26.14B |
