Target Future Growth

Future criteria checks 2/6

Target is forecast to grow earnings and revenue by 6.3% and 2.6% per annum respectively. EPS is expected to grow by 7.3% per annum. Return on equity is forecast to be 30.5% in 3 years.

Key information

6.3%

Earnings growth rate

7.3%

EPS growth rate

Consumer Retailing earnings growth10.9%
Revenue growth rate2.6%
Future return on equity30.5%
Analyst coverage

Good

Last updated26 Mar 2024

Recent future growth updates

Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 07
Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Recent updates

Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 07
Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Target Q4 Preview: Top-Line Focus As Earnings Strength Appears Priced In

Mar 04

Returns On Capital At Target (NYSE:TGT) Have Stalled

Feb 27
Returns On Capital At Target (NYSE:TGT) Have Stalled

We Are Not Confident Buying Target Before The Next Quarterly Results

Feb 23

Target: Is This A Good Dividend Stock To Buy Before Q4 Earnings?

Feb 12

Is It Too Late To Consider Buying Target Corporation (NYSE:TGT)?

Feb 12
Is It Too Late To Consider Buying Target Corporation (NYSE:TGT)?

Target Corporation's (NYSE:TGT) Shares May Have Run Too Fast Too Soon

Jan 31
Target Corporation's (NYSE:TGT) Shares May Have Run Too Fast Too Soon

Target: Reviewing This Dividend King's Dividend Safety

Jan 14

Target Corporation: Strong Cash Flow And Stronger Margins

Jan 03

Is Target (NYSE:TGT) Using Too Much Debt?

Dec 26
Is Target (NYSE:TGT) Using Too Much Debt?

Add Target To Your Holiday Shopping List

Dec 17

Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?

Dec 02
Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?

Target: A Tempting But Risky Investment

Nov 26

Target Q3 Earnings Preview: Are Shares Oversold Ahead Of Quarterly Results?

Nov 13

Target (NYSE:TGT) Hasn't Managed To Accelerate Its Returns

Nov 06
Target (NYSE:TGT) Hasn't Managed To Accelerate Its Returns

Target: Don't Just Window-Shop, Upgrading To Buy On Valuation

Oct 28

Is There Now An Opportunity In Target Corporation (NYSE:TGT)?

Oct 23
Is There Now An Opportunity In Target Corporation (NYSE:TGT)?

Target Corporation And Its Real Value

Oct 09

Target: Financials Say Buy, But Too Much Drama For Now

Sep 27

These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively

Sep 24
These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively

Target: EPS Likely To Fall Further As New Economic Headwinds Grow

Sep 14

Target: A Buy For The Kingly Dividend And Hold For The Turnaround

Aug 09

Target: Optimistic Consumers Pulling Back, Retail Earnings On Tap, Shares A Hold

Jul 27

Investors Could Be Concerned With Target's (NYSE:TGT) Returns On Capital

Jul 25
Investors Could Be Concerned With Target's (NYSE:TGT) Returns On Capital

Target (NYSE:TGT) Is Increasing Its Dividend To $1.10

Jul 13
Target (NYSE:TGT) Is Increasing Its Dividend To $1.10

Target: Improved Upside And Yield After The Steep Sell-Off

Jun 26

Target (NYSE:TGT) Is Paying Out A Larger Dividend Than Last Year

Jun 18
Target (NYSE:TGT) Is Paying Out A Larger Dividend Than Last Year

Target: Turning Constructive (Rating Upgrade)

Jun 16

Is Now The Time To Look At Buying Target Corporation (NYSE:TGT)?

Jun 09
Is Now The Time To Look At Buying Target Corporation (NYSE:TGT)?

Target: Appears Fairly Valued Given Headwinds

Jun 07

Target: Making Sense Of The Boycott Calls And Q1 Earnings

May 30

Earnings and Revenue Growth Forecasts

NYSE:TGT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/2027115,8885,0004,2028,42711
1/31/2026111,3334,7753,8267,86728
1/31/2025107,3864,3203,7387,39332
2/3/2024107,4124,1383,8158,621N/A
10/28/2023106,8883,6323,6418,798N/A
7/29/2023108,0083,3731,6337,463N/A
4/29/2023109,2722,7214966,677N/A
1/28/2023109,1202,780-1,5104,018N/A
10/29/2022108,7213,448-1,8043,580N/A
7/30/2022107,8554,2244275,156N/A
4/30/2022106,9785,8582,1366,092N/A
1/29/2022106,0056,9465,0818,625N/A
10/30/2021103,3486,7825,9559,078N/A
7/31/2021100,3286,3086,2588,831N/A
5/1/202198,1436,1817,94210,380N/A
1/30/202193,5614,3687,87610,525N/A
10/31/202088,6213,8217,36910,002N/A
8/1/202084,6533,5136,3749,421N/A
5/2/202080,1002,7614,9558,078N/A
2/1/202078,1123,2694,0907,117N/A
11/2/201977,6903,2343,4626,508N/A
8/3/201976,8473,1443,0076,061N/A
5/4/201976,2023,0052,4385,782N/A
2/2/201975,3562,9302,4575,973N/A
11/3/201875,3623,2202,7076,064N/A
8/4/201874,4153,0793,5476,733N/A
5/5/201873,2722,9503,2706,144N/A
2/3/201872,7142,9084,4026,935N/A
10/28/201770,4212,642N/A7,050N/A
7/29/201769,9882,775N/A6,874N/A
4/29/201769,5222,730N/A6,494N/A
1/28/201770,2712,666N/A5,444N/A
10/29/201670,4313,268N/A5,000N/A
7/30/201671,6033,136N/A4,583N/A
4/30/201672,8623,284N/A4,594N/A
1/30/201673,7853,321N/A5,958N/A
10/31/201573,9092,860N/A6,228N/A
8/1/201573,5502,911N/A5,788N/A
5/2/201573,0802,529N/A5,530N/A
1/31/201572,6182,449N/A4,465N/A
11/1/201471,0662,732N/A3,817N/A
8/2/201471,0702,546N/A3,925N/A
5/3/201471,2302,767N/A3,810N/A
2/1/201471,2792,694N/A6,520N/A
11/2/201373,8072,412N/A6,730N/A
8/3/201373,4782,708N/A6,963N/A
5/4/201373,1402,800N/A7,248N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TGT's forecast earnings growth (6.3% per year) is above the savings rate (2.3%).

Earnings vs Market: TGT's earnings (6.3% per year) are forecast to grow slower than the US market (13.4% per year).

High Growth Earnings: TGT's earnings are forecast to grow, but not significantly.

Revenue vs Market: TGT's revenue (2.6% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: TGT's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TGT's Return on Equity is forecast to be high in 3 years time (30.5%)


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