Target will report first-quarter fiscal 2026 results before the market opens on May 20, 2026. A conference call for investors and media will follow the release.
Analysts project earnings per share between $1.34 and $1.47. Revenue forecasts range from $24.3 billion to $24.7 billion. These estimates suggest a slight year-over-year increase in total revenue.
The report provides the first progress update on the company's turnaround strategy. This plan includes significant investments in store remodels and digital capabilities. Target also recently cut prices on thousands of items to attract cautious consumers.
Options traders anticipate a stock price movement of approximately 7% to 8% in either direction following the announcement. This volatility reflects the report's potential impact on broader investor sentiment.