Lowe's Companies (NYSE:LOW) Price Target Lowered to $254.00 at Truist Financial

Key Points

• Truist Financial lowered Lowe’s price target to $254 from $255 while maintaining a “Buy” rating, implying 16.63% upside. Analysts overall have a “Moderate Buy” consensus and an average target of $260.27.
• Lowe’s reported quarterly EPS of $4.40, beating the $4.22 consensus, while revenue increased 8.3% year over year to $25.96 billion but fell short of estimates.
• The company narrowed fiscal 2026 guidance to approximately $12.25 adjusted EPS, below Wall Street expectations, as elevated mortgage rates and weak discretionary DIY spending continue to pressure demand.

Lowe's Companies (NYSE:LOW - Get Free Report) had its price objective decreased by Truist Financial from $255.00 to $254.00 in a report released on Thursday,Benzinga reports. The firm presently has a "buy" rating on the home improvement retailer's stock. Truist Financial's target price would indicate a potential upside of 16.63% from the stock's previous close.

LOW has been the subject of several other research reports. Sanford C. Bernstein decreased their price target on Lowe's Companies from $303.00 to $281.00 and set an "outperform" rating for the company in a research note on Thursday, May 14th. William Blair started coverage on Lowe's Companies in a research report on Tuesday, May 12th. They set an "overweight" rating for the company. Wolfe Research set a $254.00 price target on Lowe's Companies in a report on Thursday, May 21st. HSBC reduced their price objective on shares of Lowe's Companies from $260.00 to $220.00 and set a "hold" rating for the company in a research note on Thursday, May 21st. Finally, Piper Sandler lowered their price target on Lowe's Companies from $276.00 to $274.00 and set an "overweight" rating on the stock in a research report on Thursday, August 13th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $260.27.

Lowe's Companies Price Performance

LOW traded down $2.22 during trading on Thursday, reaching $217.78. 2,226,487 shares of the stock traded hands, compared to its average volume of 2,878,746. The stock has a market cap of $122.11 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 2.76 and a beta of 0.86. Lowe's Companies has a fifty-two week low of $199.40 and a fifty-two week high of $293.06. The stock's 50-day simple moving average is $216.21 and its two-hundred day simple moving average is $233.46.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts' consensus estimates of $4.22 by $0.18. The firm had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe's Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm's revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.33 earnings per share. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Research analysts anticipate that Lowe's Companies will post 12.43 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the business's stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of the firm's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the transaction, the executive vice president directly owned 20,220 shares of the company's stock, valued at approximately $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 25,980 shares of company stock worth $5,796,937. Company insiders own 0.29% of the company's stock.

Hedge Funds Weigh In On Lowe's Companies

A number of hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Lowe's Companies during the 4th quarter worth about $1,993,697,000. Price T Rowe Associates Inc. MD raised its position in shares of Lowe's Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer's stock valued at $1,580,941,000 after acquiring an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP boosted its stake in Lowe's Companies by 7,814.9% during the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer's stock worth $359,417,000 after acquiring an additional 1,471,539 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Lowe's Companies during the 4th quarter valued at about $308,683,000. Finally, Vanguard Group Inc. raised its position in Lowe's Companies by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer's stock valued at $13,560,617,000 after buying an additional 924,625 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Key Lowe's Companies News

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

• Positive Sentiment: Lowe’s beat second-quarter adjusted earnings expectations, reporting adjusted EPS of $4.40 versus the $4.22 consensus. Revenue rose 8.3% year over year to $25.96 billion, while comparable sales increased 0.2%. Lowe's second-quarter results
• Positive Sentiment: Digital sales, professional-customer activity and disciplined promotions provided support, suggesting Lowe’s is gaining traction in growth areas despite a difficult consumer and housing environment. Lowe's earnings call takeaways
• Positive Sentiment: Lowe’s received an approximately $80 million tariff refund, which helped quarterly profitability. The benefit will not be used to fund broad price cuts, preserving its potential earnings impact. Lowe's tariff refund
• Neutral Sentiment: Analysts generally maintained favorable or neutral ratings, but several reduced price targets: UBS lowered its target to $275 while retaining Buy, Mizuho cut its target to $250 with Outperform, and KeyCorp maintained Overweight at $275. TD Cowen and RBC reiterated Hold and Sector Perform ratings with $235 and $231 targets, respectively.
• Negative Sentiment: Sales missed expectations and comparable sales trailed forecasts, while management cited persistent pressure in discretionary DIY spending and elevated mortgage rates. Analysts also noted that Lowe’s continues to underperform Home Depot, raising concerns about market-share and product-mix disadvantages. Lowe's comparison with Home Depot
• Negative Sentiment: Lowe’s narrowed fiscal 2026 guidance to approximately $92 billion in revenue and $12.25 adjusted EPS, below Wall Street expectations of roughly $93.3 billion and $12.88 EPS. The lower outlook indicates that housing and renovation weakness is expected to persist through the second half. Lowe's reduced outlook

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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