Should You Buy Target Corp (TGT) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
101.740
1 Day change
-2.27%
52 Week Range
142.240
Analysis Updated At
2026/01/26
Target Corp (TGT) is not a strong buy for a beginner, long-term investor with $50,000-$100,000 to invest. The company's financial performance is declining, analysts have a mixed to negative outlook, and there are no strong positive catalysts to drive significant growth in the near term. Given the lack of strong trading signals and the competitive pressures from Walmart, holding off on purchasing TGT shares is recommended.
Technical Analysis
The technical indicators are mixed. While the moving averages are bullish (SMA_5 > SMA_20 > SMA_200), the MACD is negative and expanding downward, and RSI is neutral at 56.997. The stock is trading near its pivot level of 107.757, with resistance at 111.08 and support at 104.433. This suggests limited upside potential in the short term.
Options Data
Bullish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
Technical Summary
Sell
6
Buy
8
Positive Catalysts
NULL identified. There are no recent positive catalysts for TGT. The AI Stock Picker and SwingMax signals are absent, and no significant insider or hedge fund activity has been reported. Activist investor interest (Toms Capital) could potentially drive changes, but this is speculative.
Neutral/Negative Catalysts
Target is facing significant competitive pressure from Walmart, which has a broader store network and better pricing strategy. Analysts have lowered price targets, citing declining sales, margin contraction, and operational challenges. Recent financials show declining revenue, net income, and EPS. The options data also indicates bearish sentiment with a Put-Call Volume Ratio of 1.07.
Financial Performance
In Q3 2026, Target's financial performance declined across key metrics: Revenue dropped by -1.55% YoY to $25.27 billion, Net Income fell by -19.32% YoY to $689 million, EPS decreased by -18.38% YoY to $1.51, and Gross Margin contracted by -1.00% YoY to 25.66%.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Analysts have a mixed to negative outlook on TGT. Deutsche Bank resumed coverage with a Hold rating and a $108 price target, citing a challenging setup for 2026. Wolfe Research, Citi, Bernstein, and BofA have all issued Underperform or Neutral ratings with price targets ranging from $80 to $95, citing declining sales, margin pressures, and competitive challenges. There is no strong consensus for a bullish outlook.
Wall Street analysts forecast TGT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TGT is 98.83 USD with a low forecast of 80 USD and a high forecast of 126 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.
26 Analyst Rating
Wall Street analysts forecast TGT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TGT is 98.83 USD with a low forecast of 80 USD and a high forecast of 126 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.
8 Buy
14 Hold
4 Sell
Hold
Current: 104.100
Low
80
Averages
98.83
High
126
Current: 104.100
Low
80
Averages
98.83
High
126
Wolfe Research
Spencer Hanus
Underperform -> Peer Perform
upgrade
AI Analysis
2026-01-27
New
Reason
Wolfe Research
Spencer Hanus
Price Target
AI Analysis
2026-01-27
New
upgrade
Underperform -> Peer Perform
Reason
Wolfe Research analyst Spencer Hanus upgraded Target to Peer Perform from Underperform.
Wolfe Research
Underperform
to
Peer Perform
upgrade
$NULL
2026-01-27
New
Reason
Wolfe Research
Price Target
$NULL
2026-01-27
New
upgrade
Underperform
to
Peer Perform
Reason
Wolfe Research upgraded Target to Peer Perform from Underperform without a price target ahead of the company's investor day on March 3. The firm sees a "wide margin of safety" for Target despite its reduced estimates given the company's owned real estate. Real estate makes up 70%-75% of Target's enterprise value and there are already signs of the company's underlying business improving, the analyst tells investors in a research note.
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