Target (NYSE: TGT) Doubles EPS to $4.11 in Q2, Raises Full-Year Guidance
Target's Q2 EPS doubled to $4.11, but a $994M tariff refund did the heavy lifting. Here's what the underlying business actually delivered.
Target Corporation (NYSE: TGT) is a consumer sector company, listed on the NYSE. Alpha Stocks Insight has published 6 articles on TGT since May 19, 2026, most recently "Three Analysts Raise Target (NYSE: TGT) Price Targets Following Q2 Beat" on Friday, August 21, 2026. Coverage to date spans Consumer and Earnings Report, tracking TGT's earnings, analyst activity, and material corporate events. New coverage is added each trading day.
Price
$155.73
Today
-1.14%
Mkt Cap
$71.6B
P/E
16.6x
52W High
$170.75
52W Low
$83.44
Data via Finnhub · refreshes hourly · not financial advice
Telsey raised TGT to $182, Goldman to $161, and Citi to $160 after Q2 EPS doubled to $4.11 and comparable sales grew 3.8%.
Target's Q2 EPS doubled to $4.11, but a $994M tariff refund did the heavy lifting. Here's what the underlying business actually delivered.
Target lifts its quarterly dividend for a 55th straight year, a 1.8% increase that puts 2026 on track for Dividend King status.
Target lifted its 2026 net sales growth forecast to ~4% after Q1 revenue climbed 6.7% and store traffic rose 4.4%. CFO urges caution on the road ahead.
Target posted its first positive comparable-store sales quarter in five quarters, with comps up 5.6% and net sales rising 6.7% — then raised its full-year sales outlook.
Target named Jeff England, a former Walmart executive, as its new chief supply chain officer as CEO Michael Fiddelke pushes for efficiency gains and sales growth.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.