Target
Curates everyday essentials and design-led merchandise through U.S. stores and digital channels.
Something off on this page? Send us feedback.
Profile
Sells apparel, beauty, groceries, household essentials, home goods, and hardlines through U.S. stores and digital channels. Nearly all sales are domestic, and stores handle most fulfillment, while owned brands, advertising, marketplace services, memberships, and credit-card profit sharing complement merchandise sales.
Sells apparel and accessories, beauty, food and beverages, household essentials, home furnishings and decor, and hardlines through a nationwide store network and digital channels. National brands anchor the assortment, while owned and exclusive labels such as Good & Gather, up & up, Cat & Jack, and Threshold provide differentiation across categories.
Uses stores as both shopping destinations and fulfillment hubs for Order Pickup, Drive Up, shipping, and same-day delivery. Merchandise sales drive the business, supplemented by Roundel advertising, Target Plus marketplace activity, paid memberships, and credit-card profit sharing.
Combines a broad everyday assortment with design-led discretionary merchandise and brand collaborations. Nearly all sales come from the United States, while roughly half of offered merchandise is sourced abroad and China is the largest origin for imports.
Company facts
Categories
Key statistics
Year to date +62.3% · Average volume (30d) 4.3M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 20, 2026 | Deutsche Bank | Target | $140 | $150 | |
| Aug 20, 2026 | RBC Capital | Reiterate | Outperform | $166 | $178 |
| Aug 20, 2026 | Truist Financial | Target | $147 | $167 | |
| Aug 20, 2026 | Evercore ISI | Target | $150 | $170 | |
| Aug 20, 2026 | Roth Capital | Reiterate | Neutral | $114 | $142 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 19, 2026Q2 FY26 | $2.35 | $4.11 | +74.9% | $26.13B | $26.54B | +1.6% | +4.28% |
| May 20, 2026Q1 FY26 | $1.47 | $1.71 | +16.3% | $24.66B | $25.44B | +3.2% | +3.12% |
| Mar 3, 2026Q4 FY25 | $2.16 | $2.44 | +13.0% | $30.46B | $30.45B | 0.0% | −0.60% |
| Nov 19, 2025Q3 FY25 | $1.71 | $1.78 | +4.1% | $25.32B | $25.27B | −0.2% | −2.79% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $23.85B | $25.21B | $25.27B | $30.45B | $25.44B | $26.54B | |
| Gross profit | $6.72B | $7.31B | $7.13B | $8.11B | $7.38B | $8.94B | |
| Operating income | $1.47B | $1.32B | $948.0M | $1.38B | $1.14B | $2.56B | |
| Net income | $1.04B | $935.0M | $689.0M | $1.05B | $781.0M | $1.88B | |
| Diluted EPS | $2.27 | $2.05 | $1.51 | $2.30 | $1.71 | $4.12 | |
| Gross margin | 28.2% | 29.0% | 28.2% | 26.6% | 29.0% | 33.7% | |
| Operating margin | 6.2% | 5.2% | 3.8% | 4.5% | 4.5% | 9.6% |
Fiscal years (4-quarter sums)FY21 $106.01B · FY22 $109.12B · FY23 $107.41B · FY24 $106.57B · FY25 $104.78B
Revenue by product · Q2 FY26
Balance sheet, Aug 1, 2026Cash & short-term investments $5.41B · Total debt $18.70B · Total assets $61.24B · Shareholders' equity $17.84B
Dividends
Raised for 41 straight years — most recently to $1.16 from $1.14 in Aug 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 12, 2026 | Aug 12 | Sep 1 | $1.16 | raised from $1.14 |
| May 13, 2026 | May 13 | Jun 1 | $1.14 | |
| Feb 11, 2026 | Feb 11 | Mar 1 | $1.14 | |
| Nov 12, 2025 | Nov 12 | Dec 1 | $1.14 | |
| Aug 13, 2025 | Aug 13 | Sep 1 | $1.14 | raised from $1.12 |
| May 14, 2025 | May 14 | Jun 1 | $1.12 | |
| Feb 12, 2025 | Feb 12 | Mar 1 | $1.12 | |
| Nov 20, 2024 | Nov 20 | Dec 10 | $1.12 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 454.19M · Float 452.79M · 99.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 38.70M | 8.52% | 13F | Aug 7, 2026 |
| State Street Corp | 36.05M | 7.94% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 29.64M | 6.53% | 13F | Aug 13, 2026 |
| FMR LLC | 24.63M | 5.42% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 22.06M | 4.86% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Brian C. Cornell | director, officer: Executive Officer | −50,000 | $163.56 |
| Aug 24, 2026 | Melissa K. Kremer | officer: Executive Officer | −15,500 | $169.96 |
| Aug 21, 2026 | Matthew A. Liegel | officer: Chief Accounting Officer | −926 | $163.51 |
| Jun 29, 2026 | Lisa R. Roath | officer: Executive Officer | −7,000 | $138.07 |
| May 29, 2026 | Cara A. Sylvester | officer: Executive Officer | −10,000 | $125.89 |
Peers
- Walmart
Dominant all-format price-leader across grocery, merchandise, and e-commerce.
- Amazon
E-commerce giant encroaching on every Target category, hardlines to grocery.
- Costco
Membership warehouse club winning suburban households on bulk staples and home.
- TJX Companies
Off-price leader capturing apparel and home shoppers at 20–60% brand discounts.
- Kroger
Pure-play US supermarket leader competing in Target’s largest revenue category.
- Ross Stores
Largest off-price chain competing on branded family apparel and home fashions.
- Dollar General
Small-box discounter capturing value-shifted shoppers on fill-in essentials.
- Kohl's
Off-mall department store competing in apparel, home, and beauty via Sephora.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Target | $163.23 | +0.05% | $74.10B | 16.9 | 17.6 | 0.7 | +5.3% |
| Walmart | $103.07 | −0.03% | $820.40B | 37.2 | 34.5 | 1.1 | +5.9% |
| Amazon | $266.10 | −0.11% | $2.87T | 21.4 | 28.5 | 3.7 | +19.6% |
| Costco | $945.47 | −0.03% | $419.30B | 47.6 | 43.0 | 1.4 | +11.6% |
| TJX Companies | $135.46 | +0.24% | $149.29B | 25.0 | 25.0 | 2.4 | +5.4% |
| Kroger | $57.69 | −0.06% | $35.36B | 33.8 | 11.1 | 0.2 | +2.2% |
| Ross Stores | $229.00 | +0.22% | $73.31B | 27.7 | 27.0 | 3.0 | +13.3% |
| Dollar General | $123.13 | +0.23% | $27.11B | 16.0 | 15.9 | 0.6 | +5.2% |
| Kohl's | $17.49 | −0.02% | $1.98B | 7.5 | 12.4 | 0.1 | −6.4% |
| Median | 26.3 | 26.0 | 1.3 | +5.7% |