Lowe's Companies stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Lowe's Companies is 241.33, 7.4% above the current price of 224.73. Their targets range from 190.00 to 276.00.
Of the 22 firms that rated Lowe's Companies in the past 12 months, 16 rate it buy or strong buy, 6 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 190.00 to 276.00, with an average of 241.33.
| Buy | 16 | |
| Hold | 6 | |
| Sell | 0 |
12-month price target
| Highest target | 276.00 |
| Average target | 241.33 |
| Lowest target | 190.00 |
| Current price | 224.73 |
Lowe's Companies price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Lowe's Companies price target and rating?
How analysts rate Lowe's Companies, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
16 of 22 firms rate it buy now, against 14 of 20 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Lowe's Companies analyst upgrades, downgrades and price targets
The latest rating change came on 12 May 2026, when Citigroup upgraded Lowe's Companies from Neutral to Buy. The most recent new target came from Bernstein on 10 November 2026: 270.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 10 Nov 2026 | Bernstein Zhihan Ma | Reiterated · Outperform | 254.00 → 270.00 | +6.3% | 229.36 |
| 26 Oct 2026 | Stifel Nicolaus Andrew Carter | Reiterated · Hold | 230.00 → 195.00 | -15.2% | 198.68 |
| 6 Oct 2026 | Evercore ISI | Reiterated · In Line | 190.00 | — | 181.20 |
| 6 Oct 2026 | Melius Research | — | 244.00 | — | 181.39 |
| 24 Sept 2026 | Gordon Haskett Capital Corporation | — | 325.00 → 200.00 | -38.5% | 189.80 |
| 9 Sept 2026 | Bernstein Zhihan Ma | Reiterated · Outperform | 313.00 → 254.00 | -18.8% | 201.09 |
| 21 Aug 2026 | Guggenheim Steven Forbes | Reiterated · Buy | 275.00 | — | 217.34 |
| 20 Aug 2026 | Mizuho Securities David Bellinger | Reiterated · Outperform | 272.00 → 250.00 | -8.1% | 220.71 |
| 21 May 2026 | Truist Financial Scot Ciccarelli | Reiterated · Buy | 280.00 → 255.00 | -8.9% | 215.85 |
| 21 May 2026 | RBC Capital | Reiterated · Sector Perform | 257.00 → 232.00 | -9.7% | 216.57 |
| 21 May 2026 | Piper Sandler Peter Keith | Reiterated · Overweight | 276.00 | — | 215.96 |
| 21 May 2026 | Wolfe Research | — | 308.00 → 254.00 | -17.5% | 221.10 |
| 21 May 2026 | Wells Fargo Zachary Fadem | Reiterated · Overweight | 255.00 | — | 221.10 |
| 20 May 2026 | Truist Financial Scot Ciccarelli | — | 295.00 → 280.00 | -5.1% | 217.45 |
| 12 May 2026 | Citigroup | Upgraded · Neutral → Buy | — | — | — |
| 26 Feb 2026 | D.A. Davidson Michael Baker | — | 250.00 → 275.00 | +10.0% | 262.54 |
| 25 Feb 2026 | Jefferies Jonathan Matuszewski | — | 305.00 | — | 263.02 |
| 23 Feb 2026 | RBC Capital Steven Shemesh | Reiterated · Sector Perform | 252.00 → 257.00 | +2.0% | 277.09 |
| 18 Feb 2026 | Bernstein | Reiterated · Outperform | 284.00 → 313.00 | +10.2% | 281.16 |
| 16 Jan 2026 | Truist Financial | — | 269.00 → 295.00 | +9.7% | 277.01 |
| 15 Jan 2026 | Morgan Stanley Simeon Gutman | Reiterated · Overweight | 296.00 | — | 274.95 |
| 13 Jan 2026 | Gordon Haskett Capital Corporation | Upgraded · Hold → Buy | 325.00 | — | 270.89 |
| 7 Jan 2026 | Barclays | Upgraded · Equal Weight → Overweight | 267.00 → 285.00 | +6.7% | 246.49 |
| 17 Dec 2025 | Truist Financial Scot Ciccarelli | — | 264.00 → 269.00 | +1.9% | 248.82 |
| 20 Nov 2025 | RBC Capital | Reiterated · Sector Perform | 252.00 | — | 229.37 |
| 20 Nov 2025 | D.A. Davidson Michael Baker | — | 250.00 | — | 230.48 |
| 20 Nov 2025 | Robert W. Baird Peter Benedict | — | 290.00 | — | 230.48 |
| 20 Nov 2025 | UBS | Reiterated · Buy | 316.00 | — | 230.48 |
| 20 Nov 2025 | Mizuho Securities | Reiterated · Outperform | 285.00 → 272.00 | -4.6% | 230.48 |
| 20 Nov 2025 | Bernstein Zhihan Ma | Reiterated · Outperform | 266.00 → 284.00 | +6.8% | 230.48 |
| 14 Nov 2025 | Stifel Nicolaus Andrew Carter | Reiterated · Hold | 265.00 → 230.00 | -13.2% | 228.09 |
Lowe's Companies EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Lowe's Companies's EPS to grow 2.9% a year until 2028. Over the last 5 years it grew 8.9% a year, and over the last 3 years 5.2%.
Analysts expect Lowe's Companies's revenue to grow 3.0% a year until 2028. Over the last 5 years it fell 0.8% a year, and over the last 3 years it fell 3.8%.
Revenue
EPS
Does Lowe's Companies beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 3.0% off the result, either way, and their revenue estimate 1.5%, over the last 12 quarters.
- EPS beats
- 89 / 134
- Revenue beats
- 67 / 109
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +3.0%
- Since
- May 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 19 Aug 2026 | 4.22 | 4.40 | +4.3% | 26.13B | 25.96B | -0.7% |
| Q1 FY2027 | 20 May 2026 | 2.97 | 3.03 | +2.0% | 22.98B | 23.08B | +0.4% |
| Q4 FY2026 | 25 Feb 2026 | 1.94 | 1.98 | +2.1% | 20.34B | 20.58B | +1.2% |
| Q3 FY2026 | 19 Nov 2025 | 2.97 | 3.06 | +3.0% | 20.80B | 20.81B | +0.1% |
| Q2 FY2026 | 20 Aug 2025 | 4.24 | 4.33 | +2.1% | 23.95B | 23.96B | +0.1% |
| Q1 FY2026 | 21 May 2025 | 2.88 | 2.92 | +1.4% | 20.94B | 20.93B | -0.0% |
| Q4 FY2025 | 26 Feb 2025 | 1.84 | 1.93 | +4.9% | 18.30B | 18.55B | +1.4% |
| Q3 FY2025 | 19 Nov 2024 | 2.81 | 2.89 | +2.8% | 19.94B | 20.17B | +1.2% |
| Q2 FY2025 | 20 Aug 2024 | 3.97 | 4.10 | +3.3% | 23.87B | 23.59B | -1.2% |
| Q1 FY2025 | 21 May 2024 | 2.94 | 3.06 | +4.1% | 21.14B | 21.36B | +1.1% |
| Q4 FY2024 | 27 Feb 2024 | 1.68 | 1.77 | +5.4% | 18.47B | 18.60B | +0.7% |
| Q3 FY2024 | 21 Nov 2023 | 3.03 | 3.06 | +1.0% | 18.56B | 20.47B | +10.3% |
Lowe's Companies stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Lowe's Companies's earnings keep growing at the 4.6% a year analysts expect to FY2029, it would earn about 15.39 a share in FY2031. At the P/E it has traded at over the last five years (16.1 to 22.5) that is 247.33 to 346.16 a share, or 304.76 at its average P/E of 19.8. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 12.28 | 197.47 | 243.32 | 276.38 |
| FY2028 | 12.92 | 207.66 | 255.87 | 290.63 |
| FY2029 | 14.06 | 226.08 | 278.57 | 316.41 |
| FY2030 (extrapolated) | 14.71 | 236.47 | 291.37 | 330.95 |
| FY2031 (extrapolated) | 15.39 | 247.33 | 304.76 | 346.16 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 4.6% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (16.1, 19.8, 22.5).
Is Lowe's Companies stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Lowe's Companies's P/E of 19.0 is around the middle of its 5-year range (13.9 to 25.9, median 18.8). It is in line with its own history. Buyers pay more for each point of growth than usual: a PEG of 6.5 on expected growth against 2.1 on its median P/E and past five years' growth. At its usual P/E (18.8 × EPS of 11.84), Lowe's Companies's fair value is 223.08, close to the price of 224.73. Its forward P/E, on the consensus for FY2027, is 18.3.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (13.9 and 25.9). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 18.98
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 18.84
- Five-year P/E range
- 13.9 – 25.9
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 18.29
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 4.13
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +7.4%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.
