Melius Research upgraded Lowe's stock to Strong Buy

Published on 10/12/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 adjusted EPS reached USD 4.40 versus USD 4.22 consensus. Lowe's stock was EUR 166.40 on October 12, 2026; Q3 results are due November 18, 2026.

Key points in brief

Melius Research upgraded Lowe's to Strong Buy on October 9, 2026.
Second-quarter adjusted earnings per share reached USD 4.40 versus USD 4.22 consensus.
Lowe's stock was EUR 166.40 at Lang & Schwarz on October 12, 2026 at 11:30 a.m. CEST.
The next earnings conference call is scheduled for November 18, 2026.

Schwarzweiß-Dokumentarfoto einer Kundenberatung an Farbregalen im Baumarkt — Schwarzweiß-Reportagefoto dokumentiert Beratungsszene im Baumarkt, passend zu Lowe's Companies mit ISIN US5486611073 im Einzelhandel, Illustration mit AI erstellt.

Lowe's (ISIN US5486611073) was trading at EUR 166.40 at Lang & Schwarz on October 12, 2026 at 11:30 a.m. CEST. MarketBeat reported on October 9, 2026 that Melius Research upgraded Lowe's to Strong Buy.

Three dated milestones

On August 19, 2026, Lowe's reported second-quarter adjusted earnings per share of USD 4.40 versus USD 4.22 consensus, according to Zacks. On September 24, 2026, the company announced a drone delivery pilot, with delivery times of 20 minutes stated by StockTitan. On October 9, 2026, Melius Research upgraded the shares to Strong Buy, as reported by MarketBeat.

What does the upgrade change?

The rating shift contrasts with a broader Moderate Buy consensus from 36 analysts and an average target of USD 254.29, according to MarketBeat. The latest quarter showed adjusted earnings per share of USD 4.40, up from USD 4.33 in the comparable period, while revenue reached USD 25.96 billion, up 8.3 percent year over year, but below the USD 26.13 billion consensus estimate, according to Zacks.

Lowe's also narrowed fiscal 2026 sales guidance to USD 92.00 billion from a previous USD 92.00 billion to USD 94.00 billion range. Comparable sales guidance moved to flat from flat to 2.00 percent growth, while adjusted earnings guidance moved to USD 12.25 from USD 12.25 to USD 12.75, according to Zacks. The guidance reset gives the Strong Buy call a more demanding operating backdrop.

Upcoming dates and payouts

Shareholders of record on October 21, 2026 are scheduled to receive a USD 1.25 quarterly dividend on November 4, 2026, according to MarketBeat. Lowe's lists its Q3 2026 earnings conference call for November 18, 2026, and its analyst and investor conference for December 9, 2026, on its investor relations page.

Stock remains below its yearly high

MarketBeat lists a USD 178.45 to USD 293.06 52-week range and a USD 105.9 billion market capitalization as of October 9, 2026. Lowe's primary listing is on the NYSE under ticker LOW, with S&P 500 membership.

Lowe's was trading at EUR 166.40 at Lang & Schwarz on October 12, 2026 at 11:30 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lowe's stock.