Stock Track | Target Soars 5.71% Intraday on Earnings Beat and Upbeat 2026 Guidance

Stock Track

Mar 04

Target's stock soared 5.71% during intraday trading on Tuesday, driven by the retailer's better-than-expected fourth-quarter earnings and optimistic full-year outlook.

The company reported adjusted earnings per share of $2.44 for the quarter ended January 31, surpassing analyst estimates of $2.16. For the 2026 fiscal year, Target projected adjusted EPS in the range of $7.50 to $8.50, with the midpoint exceeding consensus estimates. The retailer also forecast net sales growth of approximately 2%, ahead of expectations.

Investors responded positively to new CEO Michael Fiddelke's turnaround plan, which includes focusing on merchandising, store experience upgrades, and technology investments. The company noted a healthy sales increase in February, marking an important milestone on its path back to growth after three consecutive years of sales declines.

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For the 2026 fiscal year, Target projected adjusted EPS in the range of $7.50 to $8.50, with the midpoint exceeding consensus estimates. The retailer also forecast net sales growth of approximately 2%, ahead of expectations.</p><p>Investors responded positively to new CEO Michael Fiddelke's turnaround plan, which includes focusing on merchandising, store experience upgrades, and technology investments. The company noted a healthy sales increase in February, marking an important milestone on its path back to growth after three consecutive years of sales declines.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TGT","symbol_name":"塔吉特","start_time":0,"source_url":"","article_id":"1131522258","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131522258","pubTimestamp":1772558242,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Target's stock soared 5.71% during intraday trading on Tuesday, driven by the retailer's better-than-expected fourth-quarter earnings and optimistic full-year outlook.The company reported adjusted...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TGT":"塔吉特"},"translate_title":"股票追踪|由于盈利超出预期和乐观的2026年指引，塔吉特盘中飙升5.71%","themeId":"57be9b0f5ec3cea60612331691d6b1b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TGT":1},"content_text":"Target's stock soared 5.71% during intraday trading on Tuesday, driven by the retailer's better-than-expected fourth-quarter earnings and optimistic full-year outlook.The company reported adjusted earnings per share of $2.44 for the quarter ended January 31, surpassing analyst estimates of $2.16. 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