Telsey Advisory Group Issues Pessimistic Forecast for Lowe's Companies (NYSE:LOW) Stock Price

Key Points

• Telsey Advisory Group cut Lowe’s price target from $280 to $260 while maintaining an “outperform” rating, implying roughly 20% upside from the stock’s $216.60 price. The analyst consensus remains “Moderate Buy,” with an average target of $259.37.
• Lowe’s beat quarterly EPS expectations, reporting $4.40 versus the $4.22 consensus, while revenue rose 8.3% year over year to $25.96 billion. However, sales and comparable-store performance missed forecasts, reflecting continued pressure on discretionary DIY spending and housing demand.
• The company narrowed fiscal 2026 guidance to approximately $92 billion in revenue and $12.25 adjusted EPS, below Wall Street expectations. Shares fell 1.5%, and insiders sold nearly $5.8 million of stock during the last quarter.

Lowe's Companies (NYSE:LOW - Get Free Report) had its price objective reduced by stock analysts at Telsey Advisory Group from $280.00 to $260.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an "outperform" rating on the home improvement retailer's stock. Telsey Advisory Group's price objective would indicate a potential upside of 20.04% from the company's current price.

A number of other research analysts have also recently issued reports on the company. Jefferies Financial Group reduced their price objective on Lowe's Companies from $305.00 to $278.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. Mizuho decreased their target price on Lowe's Companies from $280.00 to $250.00 and set an "outperform" rating for the company in a research report on Thursday. Robert W. Baird dropped their price objective on shares of Lowe's Companies from $320.00 to $270.00 and set an "outperform" rating on the stock in a research note on Thursday, May 21st. Wolfe Research set a $254.00 price target on shares of Lowe's Companies in a research note on Thursday, May 21st. Finally, Wells Fargo & Company dropped their price objective on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 11th. Twenty-three 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. According to data from MarketBeat, Lowe's Companies presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.37.

Lowe's Companies Stock Down 1.5%

Lowe's Companies stock traded down $3.40 during trading on Thursday, hitting $216.60. The stock had a trading volume of 4,103,674 shares, compared to its average volume of 2,883,859. The stock's 50 day moving average is $216.21 and its two-hundred day moving average is $233.46. Lowe's Companies has a 1 year low of $199.40 and a 1 year high of $293.06. The stock has a market cap of $121.45 billion, a price-to-earnings ratio of 18.31, a price-to-earnings-growth ratio of 2.76 and a beta of 0.86.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings results 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 during the quarter, compared to analyst estimates of $26.13 billion. Lowe's Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the company earned $4.33 earnings per share. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities research analysts anticipate that Lowe's Companies will post 12.43 EPS for the current fiscal year.

Insider Activity

In other news, EVP Margrethe R. Vagell sold 2,500 shares of the business'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. The trade was a 11.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president directly owned 16,142 shares of the company's stock, valued at approximately $3,628,883.02. This represents a 36.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lowe's Companies

A number of large investors have recently bought and sold shares of LOW. BTG Pactual Asset Management US LLC acquired a new stake in Lowe's Companies in the second quarter valued at approximately $487,000. Headlands Technologies LLC purchased a new stake in Lowe's Companies in the 2nd quarter worth $1,116,000. Quantitative Investment Management LLC acquired a new position in Lowe's Companies during the second quarter worth $1,081,000. Sigma Planning Corp lifted its holdings in Lowe's Companies by 0.4% during the second quarter. Sigma Planning Corp now owns 20,982 shares of the home improvement retailer's stock valued at $4,626,000 after purchasing an additional 83 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Lowe's Companies by 8.9% during the second quarter. Benjamin Edwards Inc. now owns 85,200 shares of the home improvement retailer's stock valued at $18,789,000 after purchasing an additional 6,967 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

Key Stories Impacting Lowe's Companies

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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