TGT

Target
D

TGT

Arincen46/100B

Target earnings

Target reports its Q3 FY2027 results on 18 November 2026, before the market opens. Analysts expect earnings per share of 2.07 USD and revenue of 26.49B USD.

In Q2 FY2027, reported on 19 August 2026, Target earned 4.11 USD a share against the 2.35 USD analysts expected (+74.9%), on revenue of 26.54B USD against 26.13B USD (+1.6%).

Last EPS surprise
+74.9%
Last revenue surprise
+1.6%
Move after the last report
+4.3%
Average move after earnings
3.7%

EPS and revenue against estimates

Next earnings · Q3 FY2027
EPS estimate
2.07 USD
Revenue estimate
26.49B USD
Last quarter · Q2 FY2027
EPS4.11Beat +74.9%Revenue26.54BBeat +1.6%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q2 FY20282.66——-35.36%27.39B——+3.19%—
Q1 FY20281.89——+10.42%26.19B——+2.93%—
Q4 FY20272.69——+10.23%31.82B——+4.49%—
Q3 FY20272.07——+16.29%26.49B——+4.81%—
Q2 FY20272.354.11+74.89%+100.49%26.13B26.54B+1.56%+5.27%+4.3%
Q1 FY20271.471.71+16.33%+31.54%24.66B25.44B+3.18%+6.70%-3.9%
Q4 FY20262.162.44+12.96%+1.24%30.46B30.45B-0.03%-1.49%+6.8%
Q3 FY20261.711.78+4.09%-3.78%25.32B25.27B-0.21%-1.55%-2.8%
Q2 FY20262.042.05+0.49%-20.23%24.94B25.21B+1.10%-0.95%-6.3%
Q1 FY20261.561.30-16.67%-35.96%24.14B23.85B-1.22%-2.79%-5.3%
Q4 FY20252.272.41+6.17%-19.13%30.76B30.92B+0.49%-3.15%-3.0%
Q3 FY20252.301.85-19.57%-11.90%25.87B25.67B-0.77%+1.06%-22.0%
Q2 FY20252.182.57+17.89%+42.78%25.19B25.45B+1.05%+2.74%+10.2%
Q1 FY20252.062.03-1.46%-0.98%24.51B24.53B+0.08%-3.12%-8.0%
Q4 FY20242.422.98+23.14%+57.67%31.89B31.92B+0.10%+1.67%+12.1%
Q3 FY20241.482.10+41.89%+36.36%29.18B25.40B-12.95%-4.22%—
Q2 FY20241.391.80+29.50%+361.54%25.18B24.77B-1.60%-4.85%—
Q1 FY20241.762.05+16.48%-6.39%25.29B25.32B+0.13%+0.60%—
Q4 FY20231.401.89+35.00%-40.75%30.71B31.40B+2.25%+1.29%—
Q3 FY20232.131.54-27.70%-49.17%26.40B26.52B+0.43%+3.38%-13.1%
Q2 FY20230.720.39-45.83%-89.29%26.03B26.04B+0.02%+3.49%-2.6%
Q1 FY20233.072.19-28.66%-40.65%24.48B25.17B+2.84%+4.02%-24.8%
Q4 FY20222.863.19+11.54%+19.48%31.34B31.00B-1.11%+9.38%+9.9%
Q3 FY20222.833.03+7.07%+8.60%31.56B25.65B-18.72%+13.34%-4.7%
Q2 FY20223.493.64+4.30%+7.69%24.57B25.16B+2.41%+9.51%-2.9%
Q1 FY20222.253.69+64.00%+525.42%—24.20B—+23.36%+6.2%
Q4 FY20212.542.67+5.12%+57.99%90.75B28.34B-68.77%+21.11%-6.8%
Q3 FY20211.612.79+73.29%+105.15%21.53B22.63B+5.12%+21.25%+2.1%
Q2 FY20211.623.38+108.64%+85.71%11.01B22.98B+108.64%+24.72%+12.6%
Q1 FY20210.400.59+47.50%-61.44%13.30B19.62B+47.50%+11.28%-2.9%
Q4 FY20201.661.69+1.81%+10.46%22.98B23.40B+1.81%+1.84%-3.0%
Q3 FY20201.191.36+14.29%+24.77%16.33B18.67B+14.29%+4.74%+14.0%
Q2 FY20201.621.82+12.35%+23.81%16.40B18.42B+12.35%+3.63%+20.6%
Q1 FY20201.431.53+6.99%+15.91%16.47B17.63B+6.99%+5.04%+7.6%
Q4 FY20191.521.53+0.66%+11.68%22.83B22.98B+0.66%+0.93%+4.6%
Q3 FY20191.121.09-2.68%+19.78%18.31B17.82B-2.68%+5.61%-11.2%
Q2 FY20191.401.47+5.00%+19.51%16.93B17.78B+5.00%+6.87%+3.2%
Q1 FY20191.391.32-5.04%+9.09%17.67B16.78B-5.04%+3.44%-5.7%
Q4 FY20181.391.37-1.44%-5.52%23.15B22.77B-1.66%+10.03%-4.5%
Q3 FY20180.860.91+5.81%-12.50%15.95B16.87B+5.81%+2.63%-9.9%
Q2 FY20181.191.23+3.36%0.00%16.09B16.63B+3.36%+2.88%+3.7%
Q1 FY20180.911.21+32.97%-6.20%12.20B16.22B+32.97%+0.17%+1.0%
Q4 FY20171.511.45-3.97%-4.61%22.35B20.69B-7.44%-4.33%-12.1%
Q3 FY20170.831.04+25.30%+20.93%13.12B16.44B+25.30%-6.65%+6.5%
Q2 FY20171.121.23+9.82%+0.82%14.72B16.17B+9.82%-7.22%-6.4%
Q1 FY20171.191.29+8.40%+17.27%14.94B16.20B+8.40%-5.39%-7.6%
Q4 FY20161.541.52-1.30%+1.33%21.91B21.63B-1.30%-0.57%+4.0%
Q3 FY20160.860.860.00%+59.26%17.61B17.61B0.00%-0.67%-4.3%
Q2 FY20161.111.22+9.91%+56.41%15.86B17.43B+9.91%+0.12%+0.7%
Q1 FY20161.031.10+6.80%+57.14%16.03B17.12B+6.80%+0.40%+0.3%
Q4 FY20151.461.50+2.74%+15.38%21.17B21.75B+2.74%+1.09%+0.3%
Q3 FY20150.470.54+14.89%-35.71%15.02B17.73B+18.08%+2.75%+7.4%
Q2 FY20150.780.780.00%-19.59%17.17B17.41B+1.35%+1.69%+1.8%
Q1 FY20150.710.70-1.41%-14.63%16.89B17.05B+0.92%+2.06%+1.0%
Q4 FY20140.801.30+62.50%-11.56%18.34B21.52B+17.32%-5.32%+7.0%
Q3 FY20140.620.84+35.48%+3.70%18.63B17.26B-7.38%+1.94%-3.5%
Q2 FY20140.960.97+1.04%-8.49%16.94B17.12B+1.04%+2.01%-3.6%
Q1 FY20140.850.82-3.53%-21.15%17.32B16.71B-3.53%-0.95%-4.0%
Q4 FY20131.481.47-0.68%+2.80%22.88B22.73B-0.68%+6.75%-1.5%
Q3 FY20130.770.81+5.19%-1.22%16.09B16.93B+5.19%+3.21%+1.7%
Q2 FY20131.011.06+4.95%+2.91%15.99B16.78B+4.95%+3.32%+1.8%
Q1 FY20131.011.04+2.97%+5.05%16.38B16.87B+2.97%+5.85%+0.4%
Q4 FY20121.401.43+2.14%+3.62%20.84B21.29B+2.14%+3.03%+2.9%
Q3 FY20120.740.82+10.81%+20.59%14.80B16.40B+10.81%+5.11%-0.5%
Q2 FY20120.971.03+6.19%+11.96%15.29B16.24B+6.19%+4.56%+2.4%
Q1 FY20120.940.99+5.32%+10.00%15.13B15.94B+5.32%+2.19%-1.6%
Q4 FY20111.401.38-1.43%+11.29%20.96B20.66B-1.43%+2.38%+3.5%
Q3 FY20110.680.680.00%+17.24%15.61B15.61B0.00%+2.15%+3.4%
Q2 FY20110.920.920.00%+16.46%15.53B15.53B0.00%+3.09%+2.0%
Q1 FY20110.860.90+4.65%+30.43%14.90B15.59B+4.65%+5.12%-0.4%
Q4 FY20101.161.24+6.90%+53.09%18.88B20.18B+6.90%+3.17%-1.1%
Q3 FY20100.500.58+16.00%+18.37%13.17B15.28B+16.00%+1.07%-3.0%
Q2 FY20100.660.79+19.70%-3.66%12.59B15.07B+19.70%-2.62%+7.1%
Q1 FY20100.600.69+15.00%-6.76%12.90B14.83B+15.00%+0.21%+2.4%
Q4 FY20090.830.81-2.41%-34.15%20.04B19.56B-2.41%-1.57%-2.1%
Q3 FY20090.480.49+2.08%-12.50%14.81B15.11B+2.08%+1.88%-4.1%
Q2 FY20090.760.82+7.89%+2.50%14.34B15.47B+7.89%+5.83%-0.7%
Q1 FY20090.710.74+4.23%-1.33%14.20B14.80B+4.23%+5.42%-1.1%
Q4 FY20081.221.23+0.82%-4.65%19.71B19.87B+0.81%+0.82%+3.1%
Q3 FY20080.620.56-9.68%-5.08%16.42B14.84B-9.68%+9.32%-4.1%
Q2 FY20080.800.800.00%+14.29%14.62B14.62B0.00%+9.54%+1.7%
Q1 FY20080.710.75+5.63%+19.05%13.29B14.04B+5.63%+9.16%+1.0%
Q4 FY20071.271.29+1.57%+20.56%19.40B19.71B+1.57%+16.30%-5.0%
Q3 FY20070.550.59+7.27%+20.41%12.65B13.57B+7.27%+11.17%+2.4%
Q2 FY20070.690.70+1.45%+14.75%13.16B13.35B+1.45%+11.32%+5.4%
Q1 FY20070.640.63-1.56%+14.55%13.07B12.86B-1.56%+12.08%-4.2%
Q4 FY2006—1.07—+18.49%—16.95B—+11.54%-0.7%
Q3 FY20060.450.49+8.89%+32.43%11.21B12.21B+8.89%+11.89%+4.0%
Q2 FY20060.590.61+3.39%+52.50%11.60B11.99B+3.39%+13.58%+0.2%
Q1 FY20060.530.55+3.77%+14.58%11.06B11.48B+3.77%-0.95%+1.2%
Q4 FY2005—0.90—-0.11%—15.19B—-2.42%-0.6%
Q3 FY20050.380.37-2.63%+12.12%11.20B10.91B-2.63%-3.34%-0.2%
Q2 FY20050.470.40-14.89%+2.56%12.40B10.56B-14.89%-3.90%+3.7%
Q1 FY20050.470.48+2.13%+26.32%9.97B11.59B+16.24%+12.26%-2.7%
Q4 FY2004—0.90—+20.21%—15.57B—+10.74%+0.7%
Q3 FY20040.330.330.00%+10.00%9.83B11.29B+14.85%+10.71%-2.3%
Q2 FY20040.400.39-2.50%+2.63%9.84B10.98B+11.63%+9.10%-5.6%
Q1 FY20040.390.38-2.56%0.00%9.16B10.32B+12.65%+7.59%-4.1%
Q4 FY2003—0.75—+4.59%—14.06B—+6.22%+1.7%
Q3 FY20030.280.30+7.14%+20.00%9.51B10.19B+7.14%+8.98%+11.5%
Q2 FY20030.370.38+2.70%+26.67%9.80B10.07B+2.70%+12.47%+9.1%
Q1 FY20030.360.38+5.56%+35.71%9.09B9.59B+5.56%+14.97%-2.7%
Q4 FY2002—0.72—+17.87%—13.24B—+7.41%-1.6%
Q3 FY20020.250.250.00%+4.17%9.33B9.35B+0.25%+9.00%-3.4%
Q2 FY20020.300.300.00%+7.14%8.94B8.95B+0.12%+8.50%-4.7%
Q1 FY20020.280.280.00%+7.69%8.33B8.35B+0.13%+7.73%-0.4%
Q4 FY20010.590.61+3.39%+8.93%11.92B12.32B+3.39%+14.89%+4.4%
Q3 FY20010.230.24+4.35%-7.69%8.22B8.58B+4.35%+7.15%+7.6%
Q2 FY20010.280.280.00%+12.00%8.25B8.25B0.00%+6.44%-10.6%
Q1 FY20010.240.26+8.33%+18.18%7.15B7.75B+8.33%+7.37%+0.6%
Q4 FY20000.550.56+1.82%+14.29%10.73B10.73B-0.04%+5.80%+0.2%
Q3 FY20000.250.26+4.00%+30.00%7.62B8.01B+5.08%+9.89%-2.0%
Q2 FY20000.230.25+8.70%+38.89%7.07B7.75B+9.61%+9.86%+1.0%
Q1 FY20000.190.22+15.79%+29.41%6.18B7.21B+16.70%+11.53%+0.5%
Q4 FY19990.450.49+8.89%+28.95%9.31B10.14B+8.89%+13.25%-3.5%
Q3 FY19990.200.200.00%+17.65%7.29B7.29B0.00%+10.06%-4.4%
Q2 FY19990.180.180.00%+20.00%7.06B7.06B0.00%+12.12%+3.1%
Q1 FY19990.160.17+6.25%+30.77%6.09B6.47B+6.25%+9.83%+3.5%
Q4 FY19980.360.38+5.56%+18.75%8.48B8.95B+5.56%+9.62%+2.9%
Q3 FY19980.150.17+13.33%+41.67%5.84B6.62B+13.33%+9.04%+0.2%
Q2 FY19980.130.15+15.38%+36.36%5.45B6.29B+15.38%+9.42%-1.5%
Q1 FY19980.090.13+44.44%+225.00%4.08B5.89B+44.44%+9.46%+4.3%
Q4 FY19970.310.32+3.23%+28.00%7.90B8.17B+3.33%+2.73%-2.4%
Q3 FY19970.100.12+20.00%+200.00%—6.07B—+8.97%+3.5%
Q2 FY19970.090.11+22.22%+266.67%—5.75B—+9.84%-2.4%
Q1 FY19970.030.04+21.18%+300.00%—5.38B—+13.10%+3.9%
Q4 FY19960.250.250.00%-21.88%—7.95B—+13.60%+2.3%
Q3 FY19960.050.04-20.00%-42.86%—5.57B—+10.44%-1.1%
Q2 FY19960.030.03-0.73%-40.00%—5.24B—+9.04%-0.3%
Q1 FY1996—0.01—-75.00%—4.76B—+6.54%+2.2%
Q4 FY19950.300.32+6.67%0.00%—7.00B—+11.42%-2.6%
Q3 FY19950.060.07+16.67%+40.00%—5.05B—+9.10%-4.0%
Q2 FY19950.050.050.00%+150.00%—4.80B—+12.01%+2.0%
Q1 FY19950.040.04+9.23%+33.33%—4.47B—+10.52%+2.4%
Q4 FY19940.280.32+14.29%+14.29%—6.28B—+6.44%-0.2%
Q3 FY19940.050.05+0.40%-16.67%—4.63B—+6.57%+0.2%
Q2 FY19940.020.02-19.13%-60.00%—4.29B—+8.07%-2.3%
Q1 FY19940.030.03-7.03%——4.04B——-1.3%
Q4 FY19930.270.28+3.70%+27.62%—5.90B—+12.42%+0.5%
Q3 FY1993—0.06—+50.00%—4.34B—+9.73%+1.7%
Q2 FY1993—0.05—+25.00%—3.97B—+11.37%+0.9%
Q4 FY1992—0.04—-85.53%—3.72B—-23.56%+0.8%
Q4 FY1992—0.22—-20.65%—5.25B—+7.89%-1.5%
Q3 FY1992—0.04—-33.33%—3.96B—+9.10%-0.7%
Q2 FY1992—0.04—-33.33%—3.56B—+9.87%-0.3%
Q4 FY1991—0.04—-84.53%—3.35B—-25.33%-0.2%
Q4 FY1991—0.28—+6.92%—4.87B—+8.47%+4.0%
Q3 FY1991—0.06—-14.29%—3.63B—+12.02%+1.5%
Q2 FY1991—0.06—0.00%—3.24B—+4.68%-2.5%
Q4 FY1990—0.06—-66.67%—3.01B—-26.65%-0.4%
Q4 FY1990—0.26—+43.67%—4.49B—+9.40%+0.2%
Q3 FY1990—0.07—+58.12%—3.24B—+12.85%+1.9%
Q2 FY1990—0.06—+119.30%—3.10B—+14.99%+0.8%
Q4 FY1989—0.04—-67.53%—2.83B—-23.19%-0.3%
Q4 FY1989—0.18—+48.51%—4.10B—+11.43%+2.5%
Q3 FY1989—0.04—+54.14%—2.87B—+12.94%+0.8%
Q2 FY1989—0.03—+33.46%—2.69B—+16.79%+0.7%
Q4 FY1988—0.03—-13.81%—2.54B—+18.13%-1.3%
Q4 FY1988—0.12—+271.89%—3.68B—+70.87%-1.7%
Q3 FY1988—0.03—-42.56%—2.54B—+14.61%+1.9%
Q2 FY1988—0.02—-31.67%—2.31B—+12.95%-0.7%
Q4 FY1987—0.03—-75.20%—2.15B—-26.73%+1.1%
Q3 FY1987—0.05—+2.44%—2.22B—+6.92%+2.8%
Q2 FY1987—0.03———2.04B——-1.0%
Q4 FY1986—0.03———1.89B——-2.5%
Q4 FY1986—0.13———2.94B——+1.6%
Q3 FY1986—0.05———2.07B——+0.3%

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q3 FY2027

What the market is waiting for

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 18 Nov

Comparable sales growth

ExpectedComparable sales growth of about 4%analysts
The resultComes with the report on 18 Nov

Sales growth at established stores and online would show whether Target’s turnaround is bringing in more spending.

Beat record

On average, analysts' EPS estimate was 19.6% off the result, either way, and their revenue estimate 1.9%, over the last 12 quarters.

EPS beats
89 / 129
Revenue beats
82 / 113
Average EPS surprise, last 12
+13.3%
Since
March 1993

See also:Forecast,EPS,Income statement

Common questions about Target's earnings

Source: Financial Modeling PrepVerified against SEC filings