Ross Stores stock: UBS sees solid Q3, keeps 315 US-dollar target

Published on 11/13/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ross Stores stock enters its November 19 results with UBS expecting a very solid quarter. The bank kept its 315 US-dollar target.

Earnings expectations meet valuation caution

UBS expects a very solid fiscal third quarter and sees more than 10% comparable-sales growth.
The November 19 results will test whether strong operating expectations are already reflected in the shares.
Ross Stores stock traded at 211.30 euros on Lang & Schwarz on Friday.

Ross Stores, US7782961038, Illustration mit AI erstellt.

UBS expects Ross Stores to deliver a very solid fiscal third quarter, according to a report published by Fidelity on Thursday, November 12, 2026. The retailer is scheduled to release its results on November 19 after the US market close.

UBS sees solid operating momentum

UBS said its checks pointed to strong sales momentum and more than 10% comparable-sales growth in the quarter. The bank also anticipated an 11-cent earnings-per-share beat against the 1.86 US-dollar analyst forecast cited in the report.

UBS expects Ross Stores to raise its 2026 earnings guidance to a range of 8.82 to 8.91 US dollars per share, from 8.61 to 8.77 US dollars previously. It maintained its buy rating and a 315 US-dollar price target, while describing the upside and downside around the results as balanced.

Results will test high expectations

The November 19 release is the next material catalyst for investors. Comparable-store sales, merchandise margins and the company's full-year outlook will show whether the anticipated operating momentum is translating into higher profitability.

Ross Stores stock traded at 211.30 euros on Lang & Schwarz at 17:07 CET on Friday, November 13, 2026.