TGT's 15.3% monthly rally gains support from stronger traffic, digital sales and margins, but valuation and tariff refunds raise the bar.
I reiterate Arista Networks as a Strong Buy with a raised price target of $248, reflecting a higher earnings base and improved growth visibility. Q2 2026 results showed $3.036B revenue (+37.7% y/y), a 49.9% non-GAAP operating margin, and $1.02 non-GAAP EPS, prompting upward revisions to 2026/2028 EPS estimates. AI Fabrics remains the largest growth driver, but stronger core data center networking, Campus, services, and the upcoming 1.6 Tbps product cycle give ANET a broader earnings path.
Sarah Henry sees Target (TGT) in "the early days of its evolution" after the big box retailer posted a strong earnings beat. She explains how the company is capitalizing on inventory needs and digital growth through AI.
Target Corporation (TGT) Q2 2026 Earnings Call Transcript
CNBC reported that Target delivered its clearest evidence yet that its turnaround is gaining traction.
Target NYSE: TGT hit the bullseye with its Q2 results, proving that getting back to basics works. The results included better-than-expected top- and bottom-line results, sustained growth, and improved guidance.
Target is seeing sales tick up amid a growth in digital traffic from artificial intelligence platforms. The retailer reported second-quarter 2026 earnings results Wednesday (Aug. 19) that showed guest traffic up 3.6% and comparable sales climbing 3.8%.
TGT tops Q2 estimates as traffic, digital and category sales strengthen, while tariff refunds lift profitability, and management raises its fiscal 2026 outlook.
Target Corp (TGT) shares are extending gains on Wednesday morning after the retail giant reported better-than-expected earnings for its second financial quarter (Q2). And while famed investor Jim Cramer is bullish on TGT, he recommends waiting for a pullback before buying – “I say let it come in and then buy,” he said in a recent segment of CNBC.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
While the top- and bottom-line numbers for Target (TGT) give a sense of how the business performed in the quarter ended July 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Shares of Target (NYSE:TGT | TGT Price Prediction) are up 5% to $159.91 in early Wednesday trading after the retailer posted a sharp Q2 FY2026 earnings beat, banked a large one-time tariff refund, and sharply raised full-year sales and profit guidance.