Citigroup Cuts Lowe's Companies (NYSE:LOW) Price Target to $267.00

Key Points

• Citigroup lowered Lowe’s price target to $267 from $285 while maintaining a “buy” rating, implying approximately 22.85% upside from the stock’s recent $217.34 price.
• Analyst sentiment remains broadly positive, with 23 buy ratings, 11 holds and two sells; the consensus rating is “Moderate Buy” with an average price target of $262.63.
• Lowe’s exceeded quarterly expectations with $3.03 EPS and $23.08 billion in revenue, up 10.3% year over year, though several analysts have recently reduced targets and insiders sold nearly $5.8 million of shares over the past three months.

Lowe's Companies (NYSE:LOW - Get Free Report) had its price target lowered by analysts at Citigroup from $285.00 to $267.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the home improvement retailer's stock. Citigroup's price target would suggest a potential upside of 22.85% from the company's current price.

Other equities analysts have also recently issued research reports about the company. TD Cowen dropped their price objective on Lowe's Companies from $280.00 to $235.00 and set a "hold" rating for the company in a report on Thursday, May 21st. Craig Hallum upgraded Lowe's Companies to a "buy" rating in a research report on Tuesday, May 12th. Bank of America lowered their target price on shares of Lowe's Companies from $260.00 to $257.00 and set a "neutral" rating for the company in a research note on Thursday, May 21st. BTIG Research cut shares of Lowe's Companies to a "reduce" rating in a report on Tuesday, May 12th. Finally, Oppenheimer reduced their price target on shares of Lowe's Companies from $315.00 to $275.00 and set an "outperform" rating on the stock in a research note on Monday, May 18th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $262.63.

Lowe's Companies Stock Up 0.6%

LOW traded up $1.37 during midday trading on Thursday, reaching $217.34. The company had a trading volume of 1,628,546 shares, compared to its average volume of 2,868,630. Lowe's Companies has a 1 year low of $199.40 and a 1 year high of $293.06. The company has a market cap of $121.86 billion, a P/E ratio of 18.36, a P/E/G ratio of 2.82 and a beta of 0.86. The business has a 50-day moving average of $215.65 and a two-hundred day moving average of $235.40.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe's Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the prior year, the firm posted $2.92 EPS. Lowe's Companies's quarterly revenue was up 10.3% compared to the same quarter last year. Lowe's Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities research analysts predict that Lowe's Companies will post 12.45 EPS for the current year.

Insider Activity at Lowe's Companies

In related news, EVP Juliette Williams Pryor sold 9,330 shares of the company's stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the sale, the executive vice president directly owned 16,142 shares of the company's stock, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Janice Dupre sold 14,150 shares of the firm's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the transaction, the executive vice president directly owned 39,785 shares in the company, valued at $8,828,291.50. This trade represents a 26.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 25,980 shares of company stock worth $5,796,937 over the last three months. 0.29% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lowe's Companies

Large investors have recently bought and sold shares of the business. Swiss RE Ltd. acquired a new position in Lowe's Companies during the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lowe's Companies in the 4th quarter valued at $27,000. OLD Second National Bank of Aurora raised its stake in Lowe's Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer's stock worth $29,000 after acquiring an additional 42 shares during the last quarter. Sankala Group LLC purchased a new position in Lowe's Companies in the 4th quarter worth $33,000. Finally, Triumph Capital Management acquired a new stake in Lowe's Companies during the 3rd quarter worth about $34,000. Institutional investors own 74.06% of the company's stock.

Lowe's Companies News Roundup

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

• Positive Sentiment: Lowe’s is trading at its lowest forward price-to-earnings ratio in more than two years, which some analysts view as an attractive entry point before earnings. The company also recently increased its dividend, reinforcing its status as a Dividend King. 1 Number That Makes Lowe's Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: A Seeking Alpha analysis argues that the market is underestimating Lowe’s operational quality and long-term potential, supporting the bullish valuation case. Lowe's Companies: The Market Is Underestimating This High-Quality Retailer
• Neutral Sentiment: Lowe’s confirmed that it will report second-quarter 2026 results and host its earnings conference call on Aug. 19 at 9 a.m. Eastern time. The event is the next major catalyst for the stock. Lowe's Second Quarter 2026 Earnings Conference Call
• Neutral Sentiment: Wells Fargo lowered its price target to $245, while maintaining a target materially above the recent trading level. The adjustment signals continued upside potential but also a more cautious outlook. Wells Fargo Lowers Lowe's Price Target
• Negative Sentiment: Analysts expect Lowe’s second-quarter earnings to decline and say the company lacks the typical indicators for a likely earnings beat. This creates downside risk if results or guidance disappoint on Aug. 19. Lowe's Q2 Earnings Preview
• Negative Sentiment: RBC trimmed its price target from $232 to $231 and maintained a “sector perform” rating, reflecting limited near-term conviction. RBC Lowe's Price Target Update

Lowe's Companies Company Profile

Lowe's Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe's also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.

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