LOW

Lowe's Companies
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LOW

Arincen62/100B

Lowe's Companies stock forecast 2027–2031

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.

12-month price target
241.33 USD
+7.39%

Analysts' 1-year price targets range from 190.00 to 276.00, with an average of 241.33.

Past year
1-year forecast
Strong sellStrong buy
Buy
22 ratings
Buy
16
Hold
6
Sell
0

12-month price target

Highest target276.00
Average target241.33
Lowest target190.00
Current price224.73

Lowe's Companies price target history

Have analysts recently raised or lowered their Lowe's Companies price target and rating?

See how analysts moved their price target

How analysts rate Lowe's Companies, month by month

16 of 22 firms rate it buy now, against 14 of 20 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 2026166022
Oct 2026166022
Sept 2026166022
Aug 2026166022
Jul 2026166022
Jun 2026166022
May 2026166022
Apr 2026166022
Mar 2026166022
Feb 2026166022
Jan 2026166022
Dec 2025146020

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.

DateFirmRatingPrice targetChangePrice then
10 Nov 2026
Bernstein
Zhihan Ma
Reiterated · Outperform254.00 → 270.00+6.3%229.36
26 Oct 2026
Stifel Nicolaus
Andrew Carter
Reiterated · Hold230.00 → 195.00-15.2%198.68

Lowe's Companies EPS and revenue estimates

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

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2029 (est.) 14.06+8.9%12.43 – 15.70 97.43B+3.3%95.29B – 101.03B12
FY2028 (est.) 12.92+5.2%12.04 – 13.41 94.34B+2.3%93.31B – 94.94B21
FY2027 (est.) 12.28-0.0%12.17 – 12.38 92.20B+6.9%91.96B – 92.48B20
FY2026 12.29+2.6%— 86.29B+3.1%——
FY2025 11.98-8.3%— 83.67B-3.1%——
FY2024 13.06-4.9%— 86.38B-11.0%——
FY2023 13.73—— 97.06B———

Does Lowe's Companies beat earnings estimates?

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 12
+3.0%
Since
May 1993
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q2 FY202719 Aug 20264.224.40+4.3%26.13B25.96B-0.7%
Q1 FY202720 May 20262.973.03+2.0%22.98B23.08B+0.4%
Q4 FY202625 Feb 20261.941.98+2.1%20.34B20.58B+1.2%
Q3 FY202619 Nov 20252.973.06+3.0%20.80B20.81B+0.1%
Q2 FY202620 Aug 20254.244.33+2.1%23.95B23.96B+0.1%
Q1 FY202621 May 20252.882.92+1.4%20.94B20.93B-0.0%
Q4 FY202526 Feb 20251.841.93+4.9%18.30B18.55B+1.4%
Q3 FY202519 Nov 20242.812.89+2.8%19.94B20.17B+1.2%
Q2 FY202520 Aug 20243.974.10+3.3%23.87B23.59B-1.2%
Q1 FY202521 May 20242.943.06+4.1%21.14B21.36B+1.1%
Q4 FY202427 Feb 20241.681.77+5.4%18.47B18.60B+0.7%
Q3 FY202421 Nov 20233.033.06+1.0%18.56B20.47B+10.3%

Lowe's Companies stock price 2027–2031: scenarios

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.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2027 12.28197.47243.32276.38
FY2028 12.92207.66255.87290.63
FY2029 14.06226.08278.57316.41
FY2030 (extrapolated)14.71236.47291.37330.95
FY2031 (extrapolated)15.39247.33304.76346.16

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?

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.

The price against its fair value
Fair value 223.08Price 224.73165.03306.71

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)
18.98
Five-year median P/E
18.84
Five-year P/E range
13.9 – 25.9
Forward P/E (FY2027)
18.29
PEG ratio
4.13
To the average target
+7.4%
See the full P/E history check Plus

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Common questions about the Lowe's Companies stock forecast