Target Corp. (TGT) beat expectations in Q1 FY2026 on revenue of $25.4B versus the $24.7B estimate (+6.7% YoY) and EPS of $1.71. The next Target Corp. (TGT) earnings date is Aug 19, 2026. Below is the full Target Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Target Corp. (TGT) Earnings Analysis — key stats
Next earnings date
Aug 19, 2026
Latest reported quarter
Q1 FY2026
Earnings verdict
Beat
EPS beat rate
5 of last 8 (quarters above estimate)
Avg next-day move
±7.2% (over the last 8 reports)
Post-earnings direction
Up 2 / Down 6 (of the last 8 reports)
Implied move (next report)
±2.6% (options-derived · into Aug 19, 2026)
Revenue
$25.4B (vs $24.7B est · +3.2% surprise · +6.7% YoY)
EPS
$1.71 (vs $1.47 est · +16.3% surprise · -24.6% YoY)
Share price
$154.48 (-0.7%)
Market cap
$70.2B
Target Corp. (TGT) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q1 FY2027
$25.4B vs $24.7B est
$1.71 vs $1.47 est
+16.3%
-0.9%
Beat
Q1 FY2027
$30.5B vs $30.5B est
$2.44 vs $2.16 est
+13.0%
+6.1%
Mixed
Q3 FY2026
$25.3B vs $25.3B est
$1.78 vs $1.71 est
+4.1%
-5.5%
Mixed
Q2 FY2026
$25.2B vs $24.9B est
$2.05 vs $2.04 est
+0.5%
-7.9%
In line
Q1 FY2026
$23.8B vs $24.1B est
$1.30 vs $1.56 est
-16.7%
-3.1%
Mixed
Q1 FY2026
$30.9B vs $30.8B est
$2.41 vs $2.27 est
+6.2%
-3.5%
Mixed
Q3 FY2025
$25.7B vs $25.9B est
$1.85 vs $2.30 est
-19.6%
-22.1%
Mixed
Q2 FY2025
$25.5B vs $25.2B est
$2.57 vs $2.18 est
+17.9%
+8.7%
Mixed
What you'll find
Next Target Corp. (TGT) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Target Corp. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Target Corp. (TGT)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Target Corp.'s next earnings date?
Target Corp.'s (TGT) next scheduled earnings date is Aug 19, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Target Corp. (TGT) beat or miss earnings?
In Q1 FY2026, Target Corp. (TGT) posted beat results — revenue of $25.4B versus the $24.7B estimate (+3.2% surprise) and EPS of $1.71 versus $1.47 expected (+16.3% surprise). Magnisto decodes every Target Corp. (TGT) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Target Corp. beat earnings estimates?
Over its last 8 reported quarters, Target Corp. (TGT) beat Wall Street EPS estimates 5 times, most recently a beat result in Q1 FY2027. Magnisto tracks every Target Corp. (TGT) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Target Corp. stock move after earnings?
Over its last 8 quarterly reports, Target Corp. (TGT) moved an average of ±7.2% the day after earnings — ranging from -22.1% (Q3 FY2025) to +8.7% (Q2 FY2025). The stock rose after 2 of those 8 reports and fell after 6. Heading into its next report on Aug 19, 2026, options-implied volatility is pricing in a move of roughly ±2.6% (derived). Magnisto tracks the realized post-earnings move for every Target Corp. (TGT) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for Target Corp. (TGT) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Target Corp. (TGT), anchored to the current $154.48 share price, so you can weigh the bull, base and bear cases for Target Corp. side by side.
Is Target Corp. (TGT) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Target Corp. fits your own thesis and risk profile. This is research, not investment advice.