TD Cowen Has Lowered Expectations for Lowe's Companies (NYSE:LOW) Stock Price

Key Points

• TD Cowen cut its price target on Lowe’s from $280 to $235 and kept a hold rating, implying only modest upside from current levels.
• Other analysts also turned more cautious, with several lowering targets and one downgrading the stock, though the broader consensus still sits at Moderate Buy.
• Lowe’s reported a solid quarter, beating earnings and revenue estimates, but the stock fell as management’s cautious outlook on a challenged U.S. housing market tempered investor enthusiasm.

Lowe's Companies (NYSE:LOW - Get Free Report) had its price target decreased by research analysts at TD Cowen from $280.00 to $235.00 in a report issued on Thursday,MarketScreener reports. The brokerage currently has a "hold" rating on the home improvement retailer's stock. TD Cowen's target price indicates a potential upside of 7.90% from the stock's current price.

A number of other analysts also recently commented on LOW. BTIG Research downgraded Lowe's Companies to a "reduce" rating in a research report on Tuesday, May 12th. UBS Group cut their target price on Lowe's Companies from $315.00 to $285.00 and set a "buy" rating for the company in a research note on Thursday. Oppenheimer reduced their target price on Lowe's Companies from $315.00 to $275.00 and set an "outperform" rating for the company in a research report on Monday. BNP Paribas Exane lowered their price target on shares of Lowe's Companies from $228.00 to $202.00 and set an "underperform" rating on the stock in a report on Thursday. Finally, Wolfe Research set a $254.00 price objective on shares of Lowe's Companies in a research note on Thursday. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Lowe's Companies currently has an average rating of "Moderate Buy" and an average target price of $266.23.

Lowe's Companies Stock Down 1.5%

NYSE LOW traded down $3.26 during midday trading on Thursday, hitting $217.79. The company had a trading volume of 346,614 shares, compared to its average volume of 2,771,549. The stock has a market cap of $121.98 billion, a price-to-earnings ratio of 18.31, a P/E/G ratio of 4.19 and a beta of 0.91. The firm has a fifty day simple moving average of $236.07 and a two-hundred day simple moving average of $248.40. Lowe's Companies has a fifty-two week low of $208.00 and a fifty-two week high of $293.06.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe's Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $23.08 billion during the quarter, compared to analysts' expectations of $22.98 billion. During the same quarter last year, the company earned $2.92 earnings per share. The firm's revenue was up 10.3% on a year-over-year basis. Lowe's Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe's Companies will post 12.58 earnings per share for the current year.

Institutional Investors Weigh In On Lowe's Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of LOW. Providence Wealth Advisors LLC grew its holdings in shares of Lowe's Companies by 0.5% during the fourth quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer's stock worth $1,959,000 after purchasing an additional 36 shares during the last quarter. Rather & Kittrell Inc. raised its holdings in shares of Lowe's Companies by 0.4% in the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer's stock valued at $2,503,000 after buying an additional 38 shares during the last quarter. First Command Advisory Services Inc. lifted its position in Lowe's Companies by 1.3% during the 4th quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer's stock worth $711,000 after buying an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in Lowe's Companies by 4.3% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer's stock worth $228,000 after acquiring an additional 39 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE grew its holdings in Lowe's Companies by 1.1% during the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer's stock worth $898,000 after acquiring an additional 39 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe's Companies News Summary

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

• Positive Sentiment: Lowe’s beat both earnings and revenue estimates in the first quarter, helped by Pro demand, spring sales execution, and online growth. LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: The company launched an AI-powered “Material Lists” tool to speed up quoting for Pro customers, reinforcing its push into tech-enabled contractor workflows. Lowe's Boosts Pro Efficiency with AI-Driven Material Lists
• Neutral Sentiment: Several analysts cut price targets after the report, but most still kept constructive ratings such as overweight or outperform, signaling confidence despite near-term profit pressure.
• Neutral Sentiment: Lowe’s reaffirmed full-year guidance, which was roughly in line on revenue but below the Street on EPS, keeping expectations modest amid a weak housing market.
• Negative Sentiment: Management described the U.S. housing market as very challenging, with consumers delaying big-ticket DIY projects; that cautious tone appears to be limiting enthusiasm for the stock.

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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