Q2 Earnings Forecast for Lowe’s Companies Issued By Wedbush

Lowe’s Companies, Inc. (NYSE:LOW) – Wedbush lifted their Q2 2026 earnings per share estimates for shares of Lowe’s Companies in a research report issued to clients and investors on Wednesday, February 26th. Wedbush analyst S. Basham now forecasts that the home improvement retailer will post earnings of $4.34 per share for the quarter, up from their prior estimate of $4.28. Wedbush currently has a “Neutral” rating and a $250.00 target price on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Wedbush also issued estimates for Lowe’s Companies’ FY2028 earnings at $14.69 EPS.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. The company had revenue of $18.55 billion during the quarter, compared to the consensus estimate of $18.29 billion. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%.

Several other research analysts have also recently issued reports on LOW. Stifel Nicolaus upped their price target on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. Guggenheim reaffirmed a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a research report on Thursday, December 12th. Wells Fargo & Company increased their price target on Lowe’s Companies from $280.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. Truist Financial dropped their target price on shares of Lowe’s Companies from $308.00 to $295.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, DA Davidson raised their price objective on shares of Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 20th. Ten investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $280.83.

Lowe’s Companies Price Performance

LOW stock opened at $248.71 on Friday. The firm has a market cap of $140.43 billion, a PE ratio of 20.74, a P/E/G ratio of 1.96 and a beta of 1.11. Lowe’s Companies has a 12 month low of $211.80 and a 12 month high of $287.01. The firm has a 50 day simple moving average of $252.52 and a 200 day simple moving average of $258.89.

Institutional Trading of Lowe’s Companies

Several large investors have recently added to or reduced their stakes in the business. IFS Advisors LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter valued at $25,000. Legacy Investment Solutions LLC bought a new position in Lowe’s Companies during the third quarter valued at about $27,000. Winch Advisory Services LLC raised its holdings in Lowe’s Companies by 56.4% during the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 44 shares in the last quarter. Marshall Investment Management LLC acquired a new stake in shares of Lowe’s Companies in the fourth quarter worth about $31,000. Finally, JNBA Financial Advisors boosted its stake in shares of Lowe’s Companies by 555.6% during the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.