Lowe's Companies, Inc.

NYSE:LOW Stock Report

Market Cap: US$130.7b

Lowe's Companies Future Growth

Future criteria checks 1/6

Lowe's Companies is forecast to grow earnings and revenue by 6% and 4.4% per annum respectively while EPS is expected to grow by 7.3% per annum.

Key information

6.0%

Earnings growth rate

7.30%

EPS growth rate

Specialty Retail earnings growth9.8%
Revenue growth rate4.4%
Future return on equityn/a
Analyst coverage

Good

Last updated05 May 2026

Recent future growth updates

Analysis Article • Aug 22

Lowe's Companies, Inc. (NYSE:LOW) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Lowe's Companies, Inc. ( NYSE:LOW ) last week reported its latest second-quarter results, which makes it a good time...

Recent updates

Seeking Alpha • Apr 28

Lowe's: Approaching Fair Value Amid Housing Weakness (Upgrade)

Summary Lowe’s faces ongoing headwinds from a depressed housing market, muted construction, and weak DIY demand, limiting near-term sales growth. Recent M&A has expanded LOW’s Pro segment exposure, but overall construction activity remains subdued, particularly in Sun Belt markets with excess supply. LOW’s 2024 outlook calls for 7%-9% sales growth (M&A-aided) but muted EPS ($12.25-$12.75) and margin pressure; leverage remains above target, pausing buybacks. With shares near fair value (~19x earnings), I shift from "Sell" to "Hold," but see no compelling reason to buy until below $210. Read the full article on Seeking Alpha
Narrative Update • Apr 23

LOW: Q4 Execution And FY26 Home Improvement Cycle Setup Will Support Upside

Analysts have adjusted the blended price target for Lowe's Companies modestly higher, within a range that now spans roughly the mid $250s to about $315, reflecting mixed reactions to Q4 results, FY26 guidance, and views on the home improvement and housing setup. Analyst Commentary Recent research paints a mixed picture, with many firms lifting price targets while a few trim expectations after Lowe's Q4 report and FY26 guidance.
Narrative Update • Apr 08

LOW: Q4 Execution And AI Shopping Tools Will Support Housing Cycle Upside

The analyst price target for Lowe's Companies is modestly lower at $285.58, down from $286.18, as analysts weigh recent Q4 earnings strength and market share gains against more cautious FY26 guidance and near term margin pressure. Analyst Commentary Recent research views around Lowe's are mixed, with many firms lifting price targets on the back of Q4 execution and market share gains, while others trim targets or stay cautious given FY26 guidance and margin pressure.
Narrative Update • Mar 25

LOW: Q4 Execution And AI Adoption Will Support Home Improvement Recovery

Analysts now see Lowe's fair value as broadly unchanged at about $286, with only a fractional shift in the price target despite a wide range of new research views that balance Q4 strength, tempered FY26 guidance, and differing expectations for how quickly the home improvement cycle could improve. Analyst Commentary Recent research paints a mixed but generally constructive picture around Lowe's, with most price targets clustering around the mid to high $200s and a spread of views on how to weigh Q4 strength against FY26 guidance and the broader home improvement backdrop.
Narrative Update • Mar 11

LOW: Housing And AI Adoption Will Support Home Improvement Recovery

The analyst price target for Lowe's Companies edges up to $286.48 from $286.13 as analysts factor in slightly lower modeled revenue growth and profit margins, along with a modestly higher assumed discount rate and future P/E. Analyst Commentary Recent research updates around Lowe's cluster around the same Q4 earnings print and FY26 outlook, but they split into two clear camps.
Narrative Update • Feb 24

LOW: Housing And AI Initiatives Will Guide Balanced Home Improvement Recovery

The analyst price target for Lowe's Companies has been lifted from $278.13 to $286.13 as analysts factor in slightly higher revenue growth assumptions, a modestly higher future P/E of about 25.7, and recent sector research pointing to steady transaction trends, an improved valuation view, and potential upside tied to do it yourself and Pro demand. Analyst Commentary Recent Street research around Lowe's centers on how the stock is priced, how steady demand looks heading into Q4 earnings, and what type of customer mix might matter most over the next stretch, especially between do it yourself projects and Pro spending.
Narrative Update • Jan 18

LOW: Lock-In Housing And AI Tools Will Support Gradual Home Improvement Recovery

Narrative Update The analyst price target for Lowe's Companies has been raised by about US$5 to reflect slightly higher modeled fair value, modest tweaks to revenue growth, profit margins and future P/E assumptions, as analysts point to valuation, pent up demand in home improvement and a healthier mix across do it yourself and pro customers as key supports for the update. Analyst Commentary Recent research on Lowe's highlights a mix of optimism around long term home improvement demand and caution around near term earnings visibility, with several firms adjusting price targets and ratings after the latest results and outlook updates.
Narrative Update • Jan 04

LOW: Lock-In Housing Dynamics Will Support Gradual Home Improvement Recovery

The analyst price target for Lowe's Companies has been modestly reduced by analysts to reflect slightly softer growth and margin assumptions. The new blended target implies only a small fair value increase to about $273 per share, as they weigh near term housing and consumer headwinds against longer term support from lock in housing dynamics and pent up home improvement demand.
Narrative Update • Dec 14

LOW: Pro Segment And Lock-In Effect Will Support Future DemandI updated the title after noticing it did not meet the 7-word minimum.

Analysts have trimmed their blended price target for Lowe's Companies by a few dollars, reflecting slightly higher discount rate assumptions and tempered near term guidance, despite expectations for improving revenue growth, stable margins, and long term demand supported by homeowners' lock in effect and rising home equity. Analyst Commentary Recent Street updates reflect a more nuanced stance on Lowe's, with modestly lower price targets but a generally constructive view on the company’s long term positioning and earnings power.
Narrative Update • Nov 30

LOW: Pro Segment Investments Will Drive Future Share Gains Amid Housing Market Tailwinds

Lowe's Companies saw its analyst fair value estimate decrease modestly to $272.50 per share from $278.56, as analysts cite cautious guidance and mixed sector signals. This comes despite some ongoing industry tailwinds.
Narrative Update • Nov 16

LOW: Pro Segment Investments Will Drive Share Gains Amid Margin Caution

Lowe's Companies' analyst price target has been slightly reduced from $281.84 to $278.56. Analysts cite continued improvements in operational performance and Pro segment investments, but these are offset by cautious views on margins and ongoing market challenges.
Narrative Update • Aug 26

Digital Tools And Acquisitions Will Capture Underserved Pro Markets

Analysts have raised Lowe’s price target to $277.71, citing stronger Q2 earnings, improved margin performance, enhanced guidance, and Pro segment expansion, though offset by continued DIY softness. Analyst Commentary Bullish analysts cite Lowe's Q2 earnings beat, with improved comps and stronger margins, as a primary reason for upward price target revisions.
Analysis Article • Aug 22

Lowe's Companies, Inc. (NYSE:LOW) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Lowe's Companies, Inc. ( NYSE:LOW ) last week reported its latest second-quarter results, which makes it a good time...
Analysis Article • Jul 31

Calculating The Intrinsic Value Of Lowe's Companies, Inc. (NYSE:LOW)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Lowe's Companies fair value estimate is US$274 With US$227...
Analysis Article • Jun 30

Lowe's Companies (NYSE:LOW) Will Pay A Larger Dividend Than Last Year At $1.20

Lowe's Companies, Inc. ( NYSE:LOW ) will increase its dividend from last year's comparable payment on the 6th of August...
Analysis Article • Jun 26

Lowe's Companies (NYSE:LOW) Is Achieving High Returns On Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article • May 23

Shareholders Will Most Likely Find Lowe's Companies, Inc.'s (NYSE:LOW) CEO Compensation Acceptable

Key Insights Lowe's Companies to hold its Annual General Meeting on 30th of May CEO Marvin Ellison's total compensation...
Seeking Alpha • Mar 17

Lowe's: Buy The Dip On This Dividend King

Summary Lowe's is a strong long-term investment with solid profitability, disciplined cost management, and ongoing digital transformation and customer loyalty investments. The recent price dip makes Lowe's valuation attractive, trading below its historical P/E ratio and enhancing the benefits of share repurchases. AI-driven initiatives, an expanding pro customer base, and sustained online momentum position Lowe's for steady earnings growth in the coming years. Investors should view the recent dip as a buying opportunity, supported by a well-covered, growing dividend and robust share buyback strategy. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

Lowe's: Tariffs And Renewed Inflation To Hamper Home Improvement Demand

Summary Lowe's Q4 earnings report on February 26th is crucial, with analysts expecting an EPS of $1.83 and $18.25B in sales amid a negative trend. Despite maintaining high operating margins, LOW is facing worsening fundamentals, such as home sales and consumer borrowing costs, which could potentially prolong its sales decline. Since 2023, Lowe's has benefited from reduced supply side cost pressures, but that may soon reverse as inflation continues to increase and may accelerate with tariffs. With around 40% of Lowe's products imported from Mexico and Canada, investors should expect negative tariff guidance in the upcoming investor call. I remain bearish on Lowe's, expecting its high valuation to retreat this year as analysts and investors brace for prolonged strains in construction, big-ticket item sales, and renewed cost pressures. Read the full article on Seeking Alpha
Seeking Alpha • Feb 03

Duopoly Discount: Lowe's Is A Better Deal Than Home Depot For DCA Investors

Summary Lowe's anticipates a 3.0-3.5% drop in comparable sales for fiscal 2024 due to reduced discretionary DIY spending amid inflation and high interest rates. Even with short-term challenges, Lowe's long-term outlook is strong, driven by aging homes, a record amount of home equity, and trends like remote work and millennial household formation. Investors seeking exposure to the industry should consider Lowe's. Their growth premium is 46.57% as compared to 56.30% for Home Depot, despite similar long-term growth drivers. Investing in Lowe's offers more value due to a lower growth premium embedded in its stock price as compared to Home Depot,. Read the full article on Seeking Alpha
Seeking Alpha • Jan 01

Lowe's: Elevated Rates Leave Shares Fully Valued (Rating Downgrade)

Summary Lowe's shares have underperformed the market due to high interest rates, with a cautious outlook for 2025 amid macroeconomic uncertainties. The company's 2025 scenarios imply about $12–12.50 in EPS and $84 billion in sales, with a focus on improving its pro business and cost-cutting. LOW plans to reduce debt, increase capex, and limit share repurchases, prioritizing financial stability over aggressive buybacks in a high-rate environment. At 20x forward earnings, Lowe's shares are expensive for a rate-sensitive stock, leading to my 'Sell' rating with a fair valuation of 17–18x earnings or about $220. Read the full article on Seeking Alpha
Seeking Alpha • Dec 24

Lowe's: Hammering Out Strong Results, But Don't Overpay For The Blueprint

Summary Lowe's reported strong Q3’24 results with $20.2 billion in sales and EPS of $2.89, driven by Pro and online sales growth. The company’s strategic investments in Pro loyalty programs and digital capabilities have enhanced customer experience and driven repeat business. Despite macroeconomic challenges, Lowe's has a strong track record of revenue and EBITDA growth, with a total shareholder return of 265% over the last decade. The outlook remains cautiously optimistic, with potential tailwinds from easing interest rates and long-term demand drivers like millennial household formation and Baby Boomers aging in place. I'm issuing coverage with a 'hold' rating, noting that the valuation is probably not overly expensive today, but is above historical averages. Read the full article on Seeking Alpha
Seeking Alpha • Nov 21

Lowe's: Mixed Q3 Earnings And Uncertain Near Term Don't Diminish The Long Term Outlook

Summary Lowe's benefits from long-term tailwinds: Aging housing stock, home price appreciation, and rising disposable income, positioning it well for future growth despite near-term challenges. Q3 earnings showed a decline in sales and comp sales, with DIY market weakness and storm-related sales impacting margins, but Pro sales and online growth were strong. Lowe's raised its full-year guidance but lowered operating margin expectations, and a challenging market caused a selloff. Despite high debt levels, Lowe's strong cash flows, strategic investments, and improvements in Pro and online sales support a hold rating. Read the full article on Seeking Alpha
Seeking Alpha • Nov 15

Lowe's Companies: Great Track Record But Not A Great Buy Right Now

Summary Lowe's is a high-quality business with a strong history of revenue growth, a stable gross profit margin, and a healthy return on invested capital. LOW has an outstanding history of 61 years of consecutive dividend growth, earning it the titles of Dividend King, Aristocrat, and Champion. The two most recent dividend increases have been rather low, around 4.5%, but the company has a very attractive long-term dividend growth history. My custom valuation model rates LOW as overvalued at the moment and is one of the drivers of my Hold rating for the stock. Read the full article on Seeking Alpha
Seeking Alpha • Sep 19

Nailing It, But Barely: Lowe's Solid History Meets Uncertain Future

Summary Lowe's Companies, Inc. has a strong history of returns and dividend growth but faces challenges like declining revenue and softening consumer demand, warranting a “Hold” rating. The Pro segment and digital innovations are growth avenues, but overall sales are down, and future revenue is expected to decline further. Despite solid cash flow and smart capital management, the days of 20%+ dividend growth are likely over, with future growth expected in single digits. Lowe's valuation is high, trading at a P/E of 20.9x, suggesting either future growth optimism or overvaluation; wait for a better entry point. Read the full article on Seeking Alpha
Seeking Alpha • Aug 16

Lowe's: Critical Valuation Assessment Going Into Q2 Earnings

Summary Lowe's stock has returned 24% since my last coverage, slightly ahead of the S&P 500, which raises the question of whether LOW is a sell now, ahead of Q2 earnings. The home improvement giant will release its results for the second quarter of fiscal 2025 on Tuesday, August 20, 2024 at 9 a.m. Eastern Time. In this update, I share what is currently expected from LOW's Q2 FY2025 earnings and take a look at the company's longer-term track record. I provide a detailed valuation update based on backward and forward-looking metrics and discuss whether LOW stock is a buy, sell, or hold ahead of Q2 FY2025 earnings. Read the full article on Seeking Alpha
Seeking Alpha • Jul 03

Lowe's: Still Too Dear Given The State Of The Housing Sector And Consumers

Summary Lowe's stock has dropped 15% from recent highs, as same-store sales are dropping due to a punk housing market. Q1 results beat tepid expectations; the company also reaffirmed full-year guidance and boosted its dividend payout by five percent. Is it time to accumulate the shares after the recent drop, or could the stock drop further? An analysis of Lowe's follows in the paragraphs below. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:LOW - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/2029100,6198,1158,11710,33916
1/31/202896,3257,5367,98510,49931
1/31/202793,0676,9347,2999,33833
1/30/202686,2866,6367,6519,864N/A
10/31/202584,2556,7617,0509,208N/A
8/1/202583,6126,8407,6889,820N/A
5/2/202583,2406,8266,6798,742N/A
1/31/202583,6746,9407,6989,625N/A
11/1/202483,7226,8367,8239,822N/A
8/2/202484,0236,9137,5809,587N/A
5/3/202485,3947,2028,33010,296N/A
2/2/202486,3777,7066,1768,140N/A
11/3/202390,2207,6425,4007,483N/A
8/4/202393,2286,0266,6388,545N/A
5/5/202395,7476,3455,8527,718N/A
2/3/202397,0596,4166,7608,589N/A
10/28/202295,9536,6647,3859,072N/A
7/29/202295,3928,4017,5189,212N/A
4/29/202295,4878,4226,8638,598N/A
1/28/202296,2508,4098,26010,113N/A
10/29/202195,2228,1816,8688,743N/A
7/30/202194,6136,9804,2836,210N/A
4/30/202194,3446,7909,16711,091N/A
1/29/202189,5975,8119,25811,049N/A
10/30/202085,3135,3459,94111,670N/A
7/31/202080,3925,70410,79712,465N/A
5/1/202074,0824,5585,0026,609N/A
1/31/202072,1484,2682,8124,296N/A
11/1/201971,7682,939N/A3,506N/A
8/2/201971,7952,520N/A3,989N/A
5/3/201971,6902,365N/A4,901N/A
2/1/201971,3092,307N/A6,193N/A
11/2/201871,1563,681N/A6,491N/A
8/3/201870,5113,923N/A5,778N/A
5/4/201869,1193,821N/A5,199N/A
2/2/201868,6193,436N/A5,065N/A
11/3/201768,9093,526N/A5,720N/A
8/4/201767,8783,032N/A6,063N/A
5/5/201766,6432,782N/A5,692N/A
2/3/201765,0173,062N/A5,617N/A
10/28/201662,4692,430N/A5,507N/A
7/29/201661,0902,787N/A5,248N/A
4/29/201660,1792,744N/A5,526N/A
1/29/201659,0742,534N/A4,784N/A
10/30/201558,3792,970N/A4,791N/A
7/31/201557,7002,818N/A5,170N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOW's forecast earnings growth (6% per year) is above the savings rate (3.5%).

Earnings vs Market: LOW's earnings (6% per year) are forecast to grow slower than the US market (16.4% per year).

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

Revenue vs Market: LOW's revenue (4.4% per year) is forecast to grow slower than the US market (11.4% per year).

High Growth Revenue: LOW's revenue (4.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LOW's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 18:57
End of Day Share Price 2026/05/07 00:00
Earnings2026/01/30
Annual Earnings2026/01/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lowe's Companies, Inc. is covered by 56 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Peter BenedictBaird
Michael LasserBarclays