Stock Valuation Update: Ross Stores' Fair Value Estimate increased from $162.29 to $164.59 per share, reflecting positive analyst sentiment due to improved sales momentum and management's renewed guidance, despite ongoing industry uncertainties.
Analyst Price Target Adjustments: Various firms, including Wells Fargo and Barclays, raised their price targets for Ross Stores, citing factors like accelerated sales and easing tariff pressures, while Morgan Stanley maintained a cautious stance with a modest target increase.
Company Developments: Ross Stores announced new store openings in Texas, projected comparable store sales growth of 2% to 3% for the upcoming quarters, and revealed a CFO transition plan set for 2025.
Financial Forecast Improvements: The company's revenue growth projection and net profit margin forecasts saw slight increases, indicating a positive outlook, while the discount rate and future P/E multiple also experienced minor adjustments.
Wall Street analysts forecast ROST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ROST is 195.29 USD with a low forecast of 142.00 USD and a high forecast of 221.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
Wall Street analysts forecast ROST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ROST is 195.29 USD with a low forecast of 142.00 USD and a high forecast of 221.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
4 Hold
0 Sell
Strong Buy
Current: 187.010
Low
142.00
Averages
195.29
High
221.00
Current: 187.010
Low
142.00
Averages
195.29
High
221.00
JPMorgan
Matthew Boss
Overweight
maintain
$200 -> $215
2026-01-09
Reason
JPMorgan
Matthew Boss
Price Target
$200 -> $215
AI Analysis
2026-01-09
maintain
Overweight
Reason
JPMorgan analyst Matthew Boss raised the firm's price target on Ross Stores to $215 from $200 and keeps an Overweight rating on the shares. The firm also added Ross to its Analyst Focus List. Recent fieldwork suggests potential upside to the company's Q4 same-store-sales, the analyst tells investors in a research note. JPMorgan upped its Q4 same-store-sales growth estimate to 5.5%, above management's 3%-4% outlook.
Deutsche Bank
resume
$221
2026-01-08
Reason
Deutsche Bank
Price Target
$221
2026-01-08
resume
Reason
Deutsche Bank resumed coverage of Ross Stores with a Buy rating and $221 price target. The firm resumed coverage of global brands, off-price, and specialty beauty retail. Following a "surprisingly strong" year for retail, Deutsche is entering 2026 with optimism as it anticipates a "volatile but broadly risk-on" macro environment, the analyst tells investors in a research note. The firm sees solid top-line trends, particularly in the first half of the year, due to easier weather comparisons and a boost in tax refunds.
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UBS
Jay Sole
Neutral
maintain
$169 -> $181
2026-01-08
Reason
UBS
Jay Sole
Price Target
$169 -> $181
2026-01-08
maintain
Neutral
Reason
UBS analyst Jay Sole raised the firm's price target on Ross Stores to $181 from $169 and keeps a Neutral rating on the shares. CY26 EPS upside for Softline stocks is expected to be driven by a stronger-than-expected U.S. consumer and an underappreciated "Health & Wellness 2.0" trend, with estimates at least 4% above consensus for 16 names, the analyst tells investors in a research note. Earnings momentum is projected to extend into CY27, with EPS forecasts averaging about 5% above consensus, the firm adds.
Bernstein
Bernstein
Market Perform
maintain
$159 -> $170
2026-01-06
Reason
Bernstein
Bernstein
Price Target
$159 -> $170
2026-01-06
maintain
Market Perform
Reason
Bernstein raised the firm's price target on Ross Stores to $170 from $159 and keeps a Market Perform rating on the shares. Despite weak macro and consumer sentiment, Discretionary Goods spend held up in 2025, although the sector overall underperformed the market. The firm sees two specific pockets of opportunity into 2026, namely higher-income exposed names, which outperformed in 2025 and should continue to benefit from stronger consumer sentiment and fiscal stimulus; and clearly dislocated Sportswear brands that have derated despite positive revisions and guidance raises, and should benefit from a continued secular behavioral shift towards Sports Footwear in 2026.
About ROST
Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dds DISCOUNTS. Ross is the off-price apparel and home fashion chain in the United States, with approximately 1,831 locations in 43 states, the District of Columbia, and Guam. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle-income households. It also operates approximately 355 dds DISCOUNTS stores in 22 states. dds DISCOUNTS features more moderately-priced in- season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. It operates a total of approximately 2,186 stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
