Bank of America Cuts Kohl's (NYSE:KSS) Price Target to $14.00

Key Points

• Bank of America lowered its price target on Kohl’s from $15 to $14, implying about 7.2% downside from the stock’s current price.
• Kohl’s recently beat first-quarter earnings and revenue expectations, reporting EPS of -$0.13 versus the expected -$0.18 and revenue of $3.17 billion versus $2.99 billion.
• Despite the improved quarter, analysts remain cautious overall: Kohl’s has a consensus rating of “Reduce” and an average target price of $14.77, while revenue still fell 1.7% year over year.

Kohl's (NYSE:KSS - Get Free Report) had its price objective decreased by analysts at Bank of America from $15.00 to $14.00 in a research report issued on Friday,MarketScreener reports. Bank of America's price objective suggests a potential downside of 7.21% from the company's current price.

KSS has been the topic of a number of other reports. JPMorgan Chase & Co. decreased their price target on shares of Kohl's from $22.00 to $15.00 and set an "underweight" rating on the stock in a research note on Tuesday, March 10th. BTIG Research reiterated a "neutral" rating on shares of Kohl's in a research note on Tuesday, March 10th. Zacks Research raised Kohl's from a "hold" rating to a "strong-buy" rating in a report on Friday, May 15th. Telsey Advisory Group restated a "market perform" rating and issued a $17.00 target price on shares of Kohl's in a research report on Tuesday, March 17th. Finally, Jefferies Financial Group lowered their price target on Kohl's from $22.00 to $15.00 and set a "hold" rating on the stock in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $14.77.

Kohl's Price Performance

NYSE:KSS traded down $0.50 during trading hours on Friday, reaching $15.09. 1,213,611 shares of the company were exchanged, compared to its average volume of 4,634,452. The company has a current ratio of 1.46, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The stock's 50-day moving average is $13.42 and its 200-day moving average is $17.09. The firm has a market cap of $1.69 billion, a PE ratio of 6.39 and a beta of 1.46. Kohl's has a twelve month low of $7.82 and a twelve month high of $25.22.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. Kohl's had a net margin of 1.75% and a return on equity of 4.72%. The company's revenue was down 1.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.13) earnings per share. Kohl's has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts anticipate that Kohl's will post 1.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kohl's

A number of large investors have recently made changes to their positions in the stock. ProShare Advisors LLC lifted its position in shares of Kohl's by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 21,237 shares of the company's stock valued at $433,000 after acquiring an additional 631 shares during the period. State of Alaska Department of Revenue grew its holdings in shares of Kohl's by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company's stock worth $1,163,000 after acquiring an additional 639 shares during the period. Arizona State Retirement System increased its stake in Kohl's by 2.0% in the 3rd quarter. Arizona State Retirement System now owns 33,154 shares of the company's stock valued at $510,000 after purchasing an additional 666 shares in the last quarter. Guggenheim Capital LLC increased its stake in Kohl's by 1.0% in the 4th quarter. Guggenheim Capital LLC now owns 78,098 shares of the company's stock valued at $1,594,000 after purchasing an additional 774 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Kohl's by 1.6% during the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company's stock worth $1,026,000 after purchasing an additional 785 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Key Kohl's News

Here are the key news stories impacting Kohl's this week:

• Positive Sentiment: Kohl’s beat first-quarter expectations on both earnings and revenue, reporting a smaller-than-expected loss of $0.13 per share versus estimates for a larger loss, with revenue of $3.17 billion topping forecasts. Kohl's stock jumps as slumping retailer says sales trends are improving
• Positive Sentiment: The company said comparable sales posted their strongest growth in four years, and management pointed to improving traffic and sales trends, which investors are interpreting as evidence the business is stabilizing. Department store chain Kohl's reaffirms annual targets
• Positive Sentiment: Kohl’s reiterated its annual targets and highlighted cost-cutting and category expansion progress, while several analysts upgraded the stock or argued the shares still look undervalued after the rally. Kohl's: Proprietary Brands And Value Are Driving This Company Forward (Rating Upgrade)
• Neutral Sentiment: Despite the better-than-expected quarter, revenue still declined year over year and FY2026 profit guidance came in below some estimates, which may temper enthusiasm if sales momentum does not continue. Earnings Snapshot: Kohl's beats Q1 estimates, but FY26 profit guidance falls short

About Kohl's

Kohl's Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl's has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer's merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.

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