83/100BRoss Stores 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 Ross Stores is 278.79, 19.5% above the current price of 233.38. Their targets range from 234.00 to 315.00.
Of the 15 firms that rated Ross Stores in the past 12 months, 12 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 234.00 to 315.00, with an average of 278.79.
| Buy | 12 | |
| Hold | 3 | |
| Sell | 0 |
12-month price target
| Highest target | 315.00 |
| Average target | 278.79 |
| Lowest target | 234.00 |
| Current price | 233.38 |
Ross Stores 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 Ross Stores price target and rating?
How analysts rate Ross Stores, 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.
12 of 15 firms rate it buy now, against 11 of 15 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.
Ross Stores analyst upgrades, downgrades and price targets
The latest rating change came on 26 October 2026, when UBS upgraded Ross Stores from Neutral to Buy. Its price target is 315.00, from 239.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 26 Oct 2026 | UBS Jay Sole | Upgraded · Neutral → Buy | 239.00 → 315.00 | +31.8% | 229.30 |
| 21 Oct 2026 | Wolfe Research | — | 279.00 | — | 234.18 |
| 21 Aug 2026 | Deutsche Bank | — | 257.00 → 294.00 | +14.4% | 240.15 |
| 21 Aug 2026 | Jefferies | Reiterated · Buy | 205.00 → 285.00 | +39.0% | 238.34 |
| 21 Aug 2026 | Evercore ISI | Reiterated · Outperform | 276.00 → 290.00 | +5.1% | 238.82 |
| 21 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 231.00 → 234.00 | +1.3% | 238.36 |
| 21 Aug 2026 | Bernstein Aneesha Sherman | Reiterated · Market Perform | 230.00 → 240.00 | +4.3% | 228.99 |
| 21 Aug 2026 | Truist Financial | Reiterated · Buy | 290.00 → 310.00 | +6.9% | 228.99 |
| 21 Aug 2026 | Robert W. Baird | — | 200.00 → 270.00 | +35.0% | 228.99 |
| 21 Aug 2026 | Wells Fargo | Reiterated · Equal Weight | 245.00 → 248.00 | +1.2% | 228.99 |
| 21 Aug 2026 | UBS | Reiterated · Neutral | 232.00 → 239.00 | +3.0% | 228.99 |
| 21 Aug 2026 | Macquarie | — | 290.00 | — | 228.99 |
| 21 Aug 2026 | Barclays Adrienne Yih | Reiterated · Overweight | 260.00 → 298.00 | +14.6% | 228.99 |
| 17 Aug 2026 | Evercore ISI | Reiterated · Outperform | 195.00 → 276.00 | +41.5% | 245.36 |
| 14 Aug 2026 | Telsey Advisory | Reiterated · Outperform | 265.00 → 280.00 | +5.7% | 244.50 |
| 5 Aug 2026 | Morgan Stanley | — | 231.00 | — | 251.06 |
| 23 Jun 2026 | Wells Fargo | Downgraded · Overweight → Equal Weight | — | — | — |
| 26 May 2026 | Barclays | Reiterated · Overweight | 205.00 → 260.00 | +26.8% | 234.81 |
| 22 May 2026 | Telsey Advisory Dana Telsey | Reiterated · Outperform | 160.00 → 265.00 | +65.6% | 231.38 |
| 22 May 2026 | Truist Financial | Reiterated · Buy | 270.00 → 290.00 | +7.4% | 231.31 |
| 22 May 2026 | Deutsche Bank | — | 221.00 → 257.00 | +16.3% | 232.46 |
| 22 May 2026 | UBS | Reiterated · Neutral | 227.00 → 232.00 | +2.2% | 230.00 |
| 22 May 2026 | Goldman Sachs | — | 214.00 → 270.00 | +26.2% | 217.19 |
| 22 May 2026 | Bernstein Aneesha Sherman | — | 200.00 → 230.00 | +15.0% | 229.80 |
| 22 May 2026 | Wells Fargo | Reiterated · Overweight | 200.00 → 245.00 | +22.5% | 217.19 |
| 18 May 2026 | UBS | Reiterated · Neutral | 208.00 → 227.00 | +9.1% | 211.75 |
| 18 May 2026 | Truist Financial Joseph Civello | Reiterated · Buy | 270.00 | — | 212.75 |
| 27 Apr 2026 | Guggenheim | — | 199.00 → 290.00 | +45.7% | 226.41 |
| 5 Mar 2026 | UBS Jay Sole | — | 199.00 → 208.00 | +4.5% | 213.29 |
| 4 Mar 2026 | Bernstein Aneesha Sherman | — | 180.00 → 200.00 | +11.1% | 209.99 |
| 4 Mar 2026 | Telsey Advisory Group | Upgraded · Market Perform → Outperform | — | — | — |
| 23 Feb 2026 | Bernstein | — | 170.00 → 180.00 | +5.9% | 201.05 |
| 17 Feb 2026 | UBS | Reiterated · Neutral | 181.00 → 199.00 | +9.9% | 196.59 |
| 10 Feb 2026 | Goldman Sachs | Reiterated · Buy | 214.00 | — | 194.50 |
| 8 Jan 2026 | Deutsche Bank | — | 221.00 | — | 189.56 |
| 8 Jan 2026 | UBS Jay Sole | Reiterated · Neutral | 203.00 → 181.00 | -10.8% | 186.99 |
| 6 Jan 2026 | Bernstein | — | 159.00 → 170.00 | +6.9% | 187.38 |
| 6 Jan 2026 | Barclays | — | 183.00 → 205.00 | +12.0% | 186.68 |
| 17 Dec 2025 | Robert W. Baird Mark Altschwager | — | 182.00 → 200.00 | +9.9% | 182.40 |
| 16 Dec 2025 | Wells Fargo | Reiterated · Overweight | 180.00 → 200.00 | +11.1% | 184.23 |
| 9 Dec 2025 | Guggenheim | — | 199.00 | — | 177.02 |
| 4 Dec 2025 | UBS | — | 169.00 → 203.00 | +20.1% | 177.89 |
| 1 Dec 2025 | Jefferies Corey Tarlowe | — | 205.00 | — | 177.50 |
| 21 Nov 2025 | Robert W. Baird | — | 170.00 → 182.00 | +7.1% | 167.51 |
| 21 Nov 2025 | Evercore ISI | Reiterated · Outperform | 195.00 | — | 167.49 |
| 21 Nov 2025 | UBS Jay Sole | Reiterated · Neutral | 163.00 → 169.00 | +3.7% | 160.50 |
| 21 Nov 2025 | Bernstein Aneesha Sherman | Reiterated · Market Perform | 159.00 | — | 160.50 |
| 21 Nov 2025 | Barclays | Reiterated · Overweight | 164.00 → 183.00 | +11.6% | 160.50 |
Ross Stores 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 Ross Stores's EPS to grow 10.9% a year until 2028, slower than over the last 5 years (94.1% a year) and the last 3 years (14.7%).
Analysts expect Ross Stores's revenue to grow 6.6% a year until 2028. Over the last 5 years it grew 12.7% a year, and over the last 3 years 6.8%.
Revenue
EPS
Does Ross Stores 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 10.0% off the result, either way, and their revenue estimate 3.1%, over the last 12 quarters.
- EPS beats
- 70 / 125
- Revenue beats
- 77 / 116
- 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.
- +10.0%
- Since
- March 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 20 Aug 2026 | 1.95 | 2.66 | +36.4% | 6.16B | 6.26B | +1.7% |
| Q1 FY2027 | 21 May 2026 | 1.73 | 2.02 | +16.8% | 5.64B | 6.01B | +6.5% |
| Q4 FY2026 | 3 Mar 2026 | 1.90 | 2.00 | +5.3% | 6.41B | 6.64B | +3.4% |
| Q3 FY2026 | 20 Nov 2025 | 1.42 | 1.58 | +11.3% | 5.42B | 5.60B | +3.4% |
| Q2 FY2026 | 21 Aug 2025 | 1.53 | 1.56 | +2.0% | 5.54B | 5.53B | -0.3% |
| Q1 FY2026 | 22 May 2025 | 1.44 | 1.47 | +2.1% | 4.96B | 4.98B | +0.5% |
| Q4 FY2025 | 4 Mar 2025 | 1.66 | 1.79 | +7.8% | 5.94B | 5.91B | -0.5% |
| Q3 FY2025 | 21 Nov 2024 | 1.41 | 1.48 | +5.0% | 5.15B | 5.07B | -1.5% |
| Q2 FY2025 | 22 Aug 2024 | 1.50 | 1.59 | +6.0% | 5.25B | 5.29B | +0.8% |
| Q1 FY2025 | 23 May 2024 | 1.35 | 1.46 | +8.1% | 4.83B | 4.86B | +0.5% |
| Q4 FY2024 | 5 Mar 2024 | 1.65 | 1.82 | +10.3% | 5.82B | 6.02B | +3.4% |
| Q3 FY2024 | 16 Nov 2023 | 1.22 | 1.33 | +9.0% | 5.74B | 4.92B | -14.3% |
Ross Stores 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 Ross Stores's earnings grow at the 15.2% a year analysts expect to FY2029, then 15.0% a year, it would earn about 13.38 a share in FY2031. At the P/E it has traded at over the last five years (19.9 to 28.3) that is 266.89 to 378.96 a share, or 338.75 at its average P/E of 25.3. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 8.48 | 169.18 | 214.74 | 240.23 |
| FY2028 | 9.02 | 180.02 | 228.49 | 255.62 |
| FY2029 | 10.12 | 201.81 | 256.14 | 286.55 |
| FY2030 (extrapolated) | 11.63 | 232.08 | 294.56 | 329.53 |
| FY2031 (extrapolated) | 13.38 | 266.89 | 338.75 | 378.96 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 15.0% 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 (19.9, 25.3, 28.3).
Is Ross Stores 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.
Ross Stores's P/E of 28.0 is above the middle of its 5-year range (14.7 to 35.3, median 24.3). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Buyers pay more for each point of growth than usual: a PEG of 2.6 on expected growth against 0.3 on its median P/E and past five years' growth. At the median P/E of its peers (26.8 × EPS of 8.33), Ross Stores's fair value is 223.10, close to the price of 233.38. Its forward P/E, on the consensus for FY2027, is 27.5.
Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (9.6 and 52.7). 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.
- 28.02
- 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.
- 24.35
- Five-year P/E range
- 14.7 – 35.3
- 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.
- 27.52
- 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.
- 1.84
- 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.
- +19.5%
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 |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.