Lowe’s narrows fiscal 2026 outlook below estimates after Q2 results
Lowe’s reported mixed second-quarter 2026 results, with adjusted EPS of $4.40 beating estimates, net sales of $25.96 billion missing estimates, and fiscal 2026 guidance narrowed below Wall Street expectations.
Lowe’s Companies, Inc. (NYSE: LOW ) on Wednesday reported mixed second-quarter 2026 results and narrowed its full-year outlook below Wall Street estimates. 22 analyst estimate. 16 billion estimate.
35 billion analyst estimate. 88 estimate. 6%. “Sustained growth in Pro, Online and Home Services led to our fifth consecutive quarter of positive comp sales, despite pressure in discretionary DIY spending,” said Marvin R.
Ellison, Lowe’s chairman, president and CEO. “While the near-term remains dynamic, our teams are executing at a high level, advancing our Total Home strategy and investing to drive growth and profitability. 96 on Thursday. These analysts made changes to their price targets on Lowe’s following earnings announcement.
Mizuho analyst David Bellinger maintained the stock with an Outperform rating and lowered the price target from $280 to $250. Keybanc analyst Bradley B. Thomas reiterated the stock with an Overweight rating and maintained a $275 price target. RBC Capital analyst Steven Shemesh reiterated the stock with a Sector Perform and maintained a $231 price target.
TD Cowen analyst Max Rakhlenko reiterated the stock with a Hold and maintained a $235 price target. Considering buying LOW stock? Here’s what analysts think: Photo via Shutterstock