Analyst Consensus ?
ConsensusBuy50 ratings
Bullish3162.0%
Neutral1836.0%
Bearish12.0%
Lowe's Companies, Inc. · LOW · FY2025 Q4 · Calendar Q1 2026
Lowe’s Holds FY2026 Guidance as Pro and AI Investments Advance
The call supports a balanced view: Lowe’s has credible growth and productivity levers in Pro, AI, omnichannel operations, and acquired businesses, but the evidence is not yet decisive because housing demand remains weak and the acquisitions bring near-term margin dilution. Maintained guidance provides stability, while execution and integration will determine whether the growth initiatives translate into durable earnings improvement.
Reported Before market openNYSEConsumer Cyclical
$106.10B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.98
Consensus $1.94
EPS surprise
+2.1%
Reported versus consensus
Reported revenue
$20.58B
Consensus $20.34B
Revenue surprise
+1.2%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-5.6%
Event window
SPY move
+0.8%
Same window
Abnormal move
-6.4%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
-10.2%
Up to 20 sessions
LOWSPY benchmark
Ask FN2 about LOW FY2025 Q4
Transcript, numbers and history already loaded
Why did LOW fall 5.6% after beating EPS estimates in FY2025 Q4?What changed in LOW's guidance and outlook in FY2025 Q4?Give me the bull and bear case for LOW after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management moved from the prior quarter’s lowered FY2025 outlook to maintained FY2026 guidance. The latest analysis also highlighted FY2025 results, stronger Pro, online, and home-services performance, approximately $8 billion of expected FY2026 sales from FBM and ADG, a 600-person corporate and support-role reduction, and continued AI and Media Network investment.
Guidance delta
FY2026 guidance was maintained: sales of $92–94 billion, comparable sales of flat to +2%, and adjusted operating margin of 11.6%–11.8%.
Key takeaways
- FY2025 sales reached $86.3 billion with adjusted EPS of $12.28 despite modest comparable growth.
- Pro, online, and home services delivered double-digit growth, supported by AI and omnichannel investments.
- FBM and ADG are expected to add about $8 billion of FY2026 sales, with approximately 30–50 basis points of margin dilution.
- Productivity initiatives target $1 billion of cost savings, including workforce reductions, AI tools, and inventory automation.
- The main debate is whether Pro growth, productivity, and acquisitions can offset housing weakness, tariff pressure, and integration costs.
Management priorities
- Expand the Pro segment and Pro Extended Aisle capabilities
- Deploy Mylow and Pro Companion AI tools for customer experience and associate productivity
- Continue Perpetual Productivity Improvement initiatives, including Freight Flow 3.0 and full-shelf replenishment
- Expand pet and workwear assortments across stores in 2026
- Grow Lowe's Media Network and related advertising revenue streams
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$188.16Current
$200Low
$259.68Average
$316High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 28, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Guggenheim | Buy | Buy | Maintain | Sep 21, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Sep 9, 2026 |
| Bernstein | Outperform | Outperform | Maintain | Sep 9, 2026 |
| UBS | Buy | Buy | Maintain | Aug 20, 2026 |
| Truist Securities | Buy | Buy | Maintain | Aug 20, 2026 |
| Telsey Advisory Group | Outperform | Outperform | Maintain | Aug 20, 2026 |
| TD Cowen | Hold | Hold | Maintain | Aug 20, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Aug 20, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Aug 20, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Aug 20, 2026 |
| DA Davidson | Neutral | Neutral | Maintain | Aug 20, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 20, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Aug 13, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Aug 11, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Jul 31, 2026 |
| Baird | Outperform | Outperform | Maintain | May 21, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | May 21, 2026 |
| Stifel | Hold | Hold | Maintain | May 18, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | May 18, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Jan 15, 2026 |
| Gordon Haskett | Buy | Hold | Upgrade | Jan 13, 2026 |
| Barclays | Overweight | Equal Weight | Upgrade | Jan 7, 2026 |
| Wedbush | Neutral | Neutral | Maintain | Dec 12, 2024 |
| Loop Capital | Buy | Hold | Upgrade | Oct 9, 2024 |
| Zelman & Assoc | Neutral | Outperform | Downgrade | Apr 2, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Feb 13, 2024 |
| Argus Research | Buy | Buy | Maintain | Jul 12, 2023 |
| Exane BNP Paribas | Underperform | Neutral | Downgrade | Oct 19, 2022 |
| R5 Capital | Hold | Buy | Downgrade | Oct 10, 2022 |
| Jefferies | Buy | Buy | Maintain | Oct 3, 2022 |
| MKM Partners | Neutral | Neutral | Maintain | Aug 18, 2022 |
| OTR Global | Mixed | Positive | Downgrade | May 10, 2022 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 19, 2021 |
| Zelman | Hold | Buy | Downgrade | Apr 15, 2021 |
| Atlantic Equities | Overweight | Neutral | Upgrade | Apr 14, 2021 |
| Nomura Instinet | Buy | Buy | Maintain | Jun 23, 2020 |
| Nomura | Buy | Buy | Maintain | Jun 23, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 21, 2020 |
| Stifel Nicolaus | Hold | Hold | Maintain | Feb 27, 2020 |
| Piper Jaffray | Overweight | Neutral | Upgrade | Oct 15, 2019 |
| Raymond James | Market Perform | Outperform | Downgrade | Oct 8, 2019 |
| Citi | Buy | Buy | Maintain | Sep 13, 2019 |
| PiperJaffray | Neutral | Neutral | Maintain | Nov 21, 2018 |
| Bank of America | Buy | Buy | Maintain | Aug 23, 2018 |
| Argus | Buy | Buy | Maintain | May 25, 2018 |
| BMO Capital | Market Perform | Market Perform | Maintain | Mar 2, 2018 |
| Deutsche Bank | Buy | Buy | Maintain | Mar 1, 2018 |
| Cleveland Research | Neutral | Buy | Downgrade | Oct 6, 2016 |
| Canaccord Genuity | Hold | Sell | Upgrade | Nov 19, 2014 |
| ISI Group | Buy | Neutral | Upgrade | May 8, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $188.16. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Gordon Haskett Capital Corporation | Analyst unavailable | $200 | $189.8 | +6.3% | Sep 24, 2026 |
| Bernstein | Zhihan Ma | $254 | $201.09 | +35.0% | Sep 9, 2026 |
| Guggenheim | Steven Forbes | $275 | $217.34 | +46.2% | Aug 21, 2026 |
| Mizuho Securities | David Bellinger | $250 | $220.71 | +32.9% | Aug 20, 2026 |
| Truist Financial | Scot Ciccarelli | $255 | $215.84 | +35.5% | May 21, 2026 |
| RBC Capital | Analyst unavailable | $232 | $216.57 | +23.3% | May 21, 2026 |
| Piper Sandler | Peter Keith | $276 | $215.96 | +46.7% | May 21, 2026 |
| Wolfe Research | Analyst unavailable | $254 | $221.1 | +35.0% | May 21, 2026 |
| Wells Fargo | Zachary Fadem | $255 | $221.1 | +35.5% | May 21, 2026 |
| Truist Financial | Scot Ciccarelli | $280 | $217.45 | +48.8% | May 20, 2026 |
| D.A. Davidson | Michael Baker | $275 | $262.54 | +46.2% | Feb 26, 2026 |
| Jefferies | Jonathan Matuszewski | $305 | $263.02 | +62.1% | Feb 25, 2026 |
| RBC Capital | Steven Shemesh | $257 | $277.09 | +36.6% | Feb 23, 2026 |
| Bernstein | Analyst unavailable | $313 | $281.16 | +66.3% | Feb 18, 2026 |
| Truist Financial | Analyst unavailable | $295 | $277.01 | +56.8% | Jan 16, 2026 |
| Morgan Stanley | Simeon Gutman | $296 | $274.95 | +57.3% | Jan 15, 2026 |
| Gordon Haskett Capital Corporation | Analyst unavailable | $325 | $270.89 | +72.7% | Jan 13, 2026 |
| Barclays | Analyst unavailable | $285 | $246.49 | +51.5% | Jan 7, 2026 |
| Truist Financial | Scot Ciccarelli | $269 | $248.82 | +43.0% | Dec 17, 2025 |
| RBC Capital | Analyst unavailable | $252 | $229.37 | +33.9% | Nov 20, 2025 |
| D.A. Davidson | Michael Baker | $250 | $230.48 | +32.9% | Nov 20, 2025 |
| Robert W. Baird | Peter Benedict | $290 | $230.48 | +54.1% | Nov 20, 2025 |
| UBS | Analyst unavailable | $316 | $230.48 | +67.9% | Nov 20, 2025 |
| Mizuho Securities | Analyst unavailable | $272 | $230.48 | +44.6% | Nov 20, 2025 |
| Bernstein | Zhihan Ma | $284 | $230.48 | +50.9% | Nov 20, 2025 |
| Stifel Nicolaus | Andrew Carter | $230 | $228.09 | +22.2% | Nov 14, 2025 |
| Wolfe Research | Analyst unavailable | $308 | $267.95 | +63.7% | Sep 17, 2025 |
| Mizuho Securities | David Bellinger | $285 | $257.54 | +51.5% | Aug 29, 2025 |
| Barclays | Analyst unavailable | $267 | $255.65 | +41.9% | Aug 21, 2025 |
| Truist Financial | Scot Ciccarelli | $264 | $223.75 | +40.3% | May 22, 2025 |
| Mizuho Securities | David Bellinger | $280 | $223.75 | +48.8% | May 22, 2025 |
| Bernstein | Zhihan Ma | $266 | $223.75 | +41.4% | May 22, 2025 |
| Piper Sandler | Peter Keith | $269 | $232.89 | +43.0% | Mar 24, 2025 |
| Jefferies | Jonathan Matuszewski | $301 | $235.83 | +60.0% | Nov 19, 2024 |
| Stifel Nicolaus | Andrew Carter | $265 | $235.83 | +40.8% | Nov 19, 2024 |
| Truist Financial | Scot Ciccarelli | $310 | $235.83 | +64.8% | Nov 19, 2024 |
| Goldman Sachs | Kate McShane | $260 | $235.83 | +38.2% | Nov 19, 2024 |
| Stifel Nicolaus | Andrew Carter | $260 | $268.13 | +38.2% | Nov 11, 2024 |
| Telsey Advisory | Joseph Feldman | $305 | $269.18 | +62.1% | Nov 8, 2024 |
| Loop Capital Markets | Laura Champine | $300 | $273.27 | +59.4% | Oct 9, 2024 |
| Loop Capital Markets | Laura Champine | $250 | $272.64 | +32.9% | Oct 2, 2024 |
| Oppenheimer | Brian Nagel | $305 | $262.29 | +62.1% | Sep 24, 2024 |
| Piper Sandler | Peter Keith | $262 | $242.44 | +39.2% | Aug 21, 2024 |
| Guggenheim | Steven Forbes | $260 | $240.33 | +38.2% | Aug 21, 2024 |
| Robert W. Baird | Peter Benedict | $265 | $241.7 | +40.8% | Aug 21, 2024 |
| Bank of America Securities | Robert Ohmes | $275 | $240.33 | +46.2% | Aug 21, 2024 |
| J.P. Morgan | Christopher Horvers | $272 | $243.21 | +44.6% | Aug 20, 2024 |
| Telsey Advisory | Joseph Feldman | $230 | $222.48 | +22.2% | May 22, 2024 |
| Truist Financial | Scot Ciccarelli | $265 | $224.86 | +40.8% | May 22, 2024 |
| Piper Sandler | Peter Keith | $264 | $222.42 | +40.3% | May 22, 2024 |
| RBC Capital | Steven Shemesh | $246 | $222.79 | +30.7% | May 22, 2024 |
| UBS | Michael Lasser | $270 | $224.86 | +43.5% | May 22, 2024 |
| Barclays | Matthew McClintock | $229 | $224.86 | +21.7% | May 22, 2024 |
| Wells Fargo | Zachary Fadem | $290 | $224.86 | +54.1% | May 22, 2024 |
| Evercore ISI | Greg Melich | $250 | $224.86 | +32.9% | May 22, 2024 |
| Stifel Nicolaus | Andrew Carter | $250 | $224.86 | +32.9% | May 21, 2024 |
| Jefferies | Jonathan Matuszewski | $267 | $229.17 | +41.9% | May 21, 2024 |
| Loop Capital Markets | Laura Champine | $230 | $238.01 | +22.2% | Apr 5, 2024 |
| D.A. Davidson | Michael Baker | $270 | $251.42 | +43.5% | Mar 27, 2024 |
| RBC Capital | Steven Shemesh | $194 | $194.58 | +3.1% | Nov 7, 2023 |
| Stifel Nicolaus | John Baugh | $270 | $210.13 | +43.5% | Sep 22, 2023 |
| Bernstein | Dean Rosenblum | $282 | $232.51 | +49.9% | Sep 5, 2023 |
| Telsey Advisory | Joseph Feldman | $225 | $207.22 | +19.6% | May 17, 2023 |
| Barclays | Analyst unavailable | $215 | $214.73 | +14.3% | Feb 8, 2023 |
| UBS | Analyst unavailable | $250 | $197.05 | +32.9% | Jan 6, 2023 |
| Credit Suisse | Analyst unavailable | $210 | $203.17 | +11.6% | Dec 20, 2022 |
| Goldman Sachs | Kate McShane | $246 | $206.89 | +30.7% | Dec 7, 2022 |
| Bernstein | Analyst unavailable | $237 | $206.18 | +26.0% | Dec 6, 2022 |
| Telsey Advisory | Telsey Advisory Telsey Advisory | $255 | $210.27 | +35.5% | Nov 21, 2022 |
| Goldman Sachs | Analyst unavailable | $241 | $215.13 | +28.1% | Nov 17, 2022 |
| Wells Fargo | Zachary Fadem | $245 | $214.86 | +30.2% | Nov 16, 2022 |
| Jefferies | Analyst unavailable | $259 | $194.85 | +37.6% | Oct 3, 2022 |
| MKM Partners | Analyst unavailable | $220 | $216.52 | +16.9% | Aug 18, 2022 |
| Wedbush | Analyst unavailable | $225 | $216.52 | +19.6% | Aug 18, 2022 |
| Truist Financial | Analyst unavailable | $263 | $215.24 | +39.8% | Aug 18, 2022 |
| Robert W. Baird | Analyst unavailable | $235 | $215.55 | +24.9% | Aug 18, 2022 |
| Goldman Sachs | Analyst unavailable | $252 | $214.87 | +33.9% | Aug 18, 2022 |
| J.P. Morgan | Analyst unavailable | $210 | $194.45 | +11.6% | Aug 9, 2022 |
| Wells Fargo | Analyst unavailable | $220 | $187.95 | +16.9% | Aug 3, 2022 |
| Morgan Stanley | Analyst unavailable | $270 | $189.9 | +43.5% | Jul 20, 2022 |
| Wells Fargo | Zachary Fadem | $240 | $172.47 | +27.6% | Jun 18, 2022 |
| D.A. Davidson | Analyst unavailable | $240 | $189.32 | +27.6% | May 19, 2022 |
| Truist Financial | Analyst unavailable | $237 | $187.94 | +26.0% | May 19, 2022 |
| Wedbush | Analyst unavailable | $200 | $191.62 | +6.3% | May 19, 2022 |
| Jefferies | Analyst unavailable | $238 | $187.65 | +26.5% | May 19, 2022 |
| Citigroup | Steven Zaccone | $222 | $184.83 | +18.0% | May 18, 2022 |
| Telsey Advisory | Joseph Feldman | $250 | $183.82 | +32.9% | May 18, 2022 |
| Wells Fargo | Zachary Fadem | $260 | $206.66 | +38.2% | Apr 10, 2022 |
| Gordon Haskett Capital Corporation | Chuck Grom | $255 | $202.4 | +35.5% | Apr 3, 2022 |
| Robert W. Baird | Peter Benedict | $285 | $225.02 | +51.5% | Jan 23, 2022 |
| Morgan Stanley | Simeon Gutman | $280 | $238.41 | +48.8% | Jan 18, 2022 |
| Citigroup | Steven Zaccone | $292 | $238.41 | +55.2% | Jan 18, 2022 |
| Truist Financial | Scot Ciccarelli | $293 | $249.9 | +55.7% | Jan 12, 2022 |
| D.A. Davidson | Michael Baker | $292 | $255.55 | +55.2% | Dec 30, 2021 |
| Guggenheim | Steven Forbes | $300 | $252.41 | +59.4% | Dec 16, 2021 |
| Oppenheimer | Brian Nagel | $300 | $250.35 | +59.4% | Dec 6, 2021 |
| Goldman Sachs | Kate McShane | $278 | $246.57 | +47.7% | Nov 18, 2021 |
| Loop Capital Markets | Laura Champine | $240 | $246.57 | +27.6% | Nov 18, 2021 |
| Barclays | Karen Short | $280 | $246.57 | +48.8% | Nov 18, 2021 |
| UBS | Michael Lasser | $290 | $246.57 | +54.1% | Nov 18, 2021 |
| Credit Suisse | Lavesh Hemnani | $220 | $201.2 | +16.9% | Aug 19, 2021 |
| Atlantic Equities | Sam Hudson | $240 | $198.72 | +27.6% | Apr 14, 2021 |
Track every rating change on LOW the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationLowe's Companies, Inc., together with its various subsidiary entities, operates as a prominent home improvement retailer serving both the United States and international markets. The company supplies a broad spectrum of items essential for construction, upkeep, renovations, and interior design projects. Its comprehensive product line encompasses major appliances, seasonal and outdoor living essentials, lawn and garden tools, timber, kitchen and bathroom fixtures, power tools, paints, custom millwork, general hardware, flooring options, plumbing components, building materials, decorative accents, lighting solutions, and electrical supplies.…
Historical context
All LOW earningsConsumer Cyclical peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| DRI Darden Restaurants, Inc. | FY2027 Q1 · Calendar Q3 2026 | 0.0% | -3.0% | Darden reaffirms FY2027 outlook as brands deliver mixed comp growth |
| AZO AutoZone, Inc. | FY2026 Q4 · Calendar Q3 2026 | +3.6% | +3.3% | AutoZone pairs commercial momentum with an aggressive FY2027 expansion plan |
| LEN-B Lennar Corporation | FY2026 Q3 · Calendar Q3 2026 | — | — | Lennar: Efficiency Gains Offset Housing-Market Pressures |
| LEN Lennar Corporation | FY2026 Q3 · Calendar Q3 2026 | — | -4.1% | Lennar Holds Volume Guidance as Margins Improve Despite Housing Headwinds |
| TCOM Trip.com Group Limited | FY2026 Q2 · Calendar Q3 2026 | +22.3% | +3.0% | Trip.com pairs international growth with heavier AI investment |
| CASY Casey's General Stores, Inc. | FY2027 Q1 · Calendar Q3 2026 | +8.7% | -14.2% | Casey's Q1: Prepared Food Drives Growth as Fuel Margins Stay Volatile |
Latest beats and misses
Who reports nextBeat on EPS
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- DRIFY2027 Q1 · September 24, 20260.0% EPS-3.0% move
- CTASFY2027 Q1 · September 23, 2026+3.0% EPS-3.4% move
- PAYXFY2027 Q1 · September 23, 2026+1.5% EPS-8.8% move
- GISFY2027 Q1 · September 23, 2026+4.6% EPS+1.0% move
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
Get the LOW recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-20T18:21:43.574731+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-28T18:31:00.603218+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-28T18:31:00.599582+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-28. For educational purposes only; not investment advice.