Target Corporation · TGT · Next earnings

Target Corporation reports Wednesday, Nov 18, 2026

TGT reports before market open with consensus EPS at $2.06 and revenue at $26.43B. Last quarter: Target raises outlook as traffic and digital growth accelerate

Reports Before market open13 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $2.06 Calendar consensus
Consensus revenue $26.43B Calendar consensus
Report date Nov 18, 2026 Wednesday, date estimated
Session Before market open 13 days away

Where TGT left off: FY2026 Q2

Full report

Target raises outlook as traffic and digital growth accelerate

EPS surprise +74.9% Reported $4.11 vs $2.35
Revenue surprise +1.6% Reported $26.54B vs $26.13B
Stock move +4.3% Event window
Subsequent drift +0.5% Up to 20 sessions

Management raised full-year expectations to approximately 5% sales growth and EPS of $9.90-$10.90, excluding tariff refunds.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Tariff costs could persist despite current refunds.
  • Inventory reliability remains below target in fast-turn categories.
  • Store remodels and assortment changes carry execution risk.

Questions analysts left open

  • Whether traffic momentum is sustainable.
  • Underperformance in home and apparel.
  • Tariff exposure and the pace of price reductions relative to margin pressure.

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Recent TGT quarters

All TGT earnings
+4.3%FY2026 Q2-3.9%FY2026 Q1+6.7%FY2025 Q4-2.8%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.