Evercore raises target for Lowe's stock from USD 190 to USD 200

Published on 10/23/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 25.96 billion, up 8.30 percent year over year. Lowe's stock costs EUR 181.60 on October 23, 2026, 0.27 percent below the Xetra close.

Target revision and earnings schedule

Evercore ISI raised its target from USD 190.00 to USD 200.00 on October 20, 2026.
Lowe's reported USD 25.96 billion in second-quarter revenue, up 8.30 percent year over year.
Lowe's stock trades at EUR 181.60 at 11:14 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.27 percent below the Xetra close of October 22, 2026.

Makrofoto von Holzmaserung mit Schrauben und Holzspänen im warmen Streiflicht — Makroaufnahme von Holzmaserung und Schrauben zeigt Baumaterial, thematisch verbunden mit Lowe's Companies, ISIN US5486611073, Illustration mit AI erstellt.

Lowe's stock (ISIN US5486611073) is tied to a higher Evercore ISI target of USD 200.00, up from USD 190.00, while the company prepares for its next quarterly report. Stock Analysis reported the target change on October 20, 2026. At 11:14 a.m. CEST on October 23, Lowe's stood at EUR 181.60 at Lang & Schwarz, 0.27 percent below the Xetra close of EUR 182.10 from October 22.

Target revision meets softer demand

The target increase contrasts with a mixed second-quarter picture. Lowe's reported adjusted earnings per share of USD 4.40 against consensus of USD 4.22, while revenue reached USD 25.96 billion versus USD 26.13 billion expected. MarketBeat reported the figures for the quarter ended July 2026 and noted revenue growth of 8.30 percent year over year.

The central counterweight is Lowe's fiscal 2026 outlook. Management expects comparable sales to be roughly flat, while the same report says the company set fiscal 2026 earnings guidance at USD 12.25 per share. That combination leaves the analyst target dependent on a recovery in home improvement demand rather than on a large near-term sales acceleration.

Three events set the recent timeline

On August 19, 2026, Lowe's reported adjusted earnings per share of USD 4.40 against USD 4.22 consensus. MarketBeat also reported revenue of USD 25.96 billion for that quarter. On August 28, 2026, the company declared a quarterly dividend of USD 1.25 per share. On October 20, 2026, Stock Analysis listed Evercore ISI's move from USD 190.00 to USD 200.00 as the latest target revision.

When are the next key dates?

Lowe's investor calendar lists the next quarterly earnings conference call for November 18, 2026, at 9:00 a.m. ET. The same calendar schedules the 2026 Analyst and Investor Conference for December 9, 2026, at 8:00 a.m. ET. Lowe's identifies both dates as investor events.

Stock stays below the yearly high

Lowe's primary listing is on the NYSE, where the stock closed at USD 204.37 on October 22, 2026. Its 52-week range was USD 178.45 to USD 293.06 on that date, placing the latest US close well below the yearly high. The euro quotation remains the relevant German investor reference for this article.

Lowe's was trading at EUR 181.60 at Lang & Schwarz on October 23, 2026 at 11:14 a.m. CEST, 0.27 percent below the Xetra close of October 22, 2026 at EUR 182.10. The further course of trading is shown by the continuously updated real-time quote of Lowe's stock.