Wedbush Predicts Lowe’s Companies’ Q1 Earnings (NYSE:LOW)

Lowe’s Companies, Inc. (NYSE:LOW) – Research analysts at Wedbush cut their Q1 2026 EPS estimates for Lowe’s Companies in a note issued to investors on Wednesday, February 26th. Wedbush analyst S. Basham now anticipates that the home improvement retailer will earn $2.91 per share for the quarter, down from their prior forecast of $3.18. Wedbush has a “Neutral” rating and a $250.00 price target on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Wedbush also issued estimates for Lowe’s Companies’ Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.13 EPS, FY2026 earnings at $12.42 EPS and FY2027 earnings at $13.35 EPS.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. The company had revenue of $18.55 billion during the quarter, compared to the consensus estimate of $18.29 billion.

A number of other equities analysts also recently weighed in on LOW. Piper Sandler decreased their target price on shares of Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a research note on Thursday, February 27th. Royal Bank of Canada decreased their target price on shares of Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating for the company in a research note on Thursday, February 27th. Barclays raised their target price on shares of Lowe’s Companies from $229.00 to $245.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 20th. DA Davidson raised their target price on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, November 20th. Finally, Stifel Nicolaus raised their target price on shares of Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $280.83.

Lowe’s Companies Price Performance

LOW stock opened at $239.71 on Monday. Lowe’s Companies has a 1 year low of $211.80 and a 1 year high of $287.01. The company has a market cap of $135.35 billion, a P/E ratio of 19.99, a PEG ratio of 1.96 and a beta of 1.11. The firm has a 50-day moving average of $252.28 and a 200 day moving average of $259.23.

Institutional Investors Weigh In On Lowe’s Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in LOW. IFS Advisors LLC bought a new stake in shares of Lowe’s Companies during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC bought a new stake in shares of Lowe’s Companies during the 3rd quarter valued at $27,000. Winch Advisory Services LLC grew its position in shares of Lowe’s Companies by 56.4% during the 4th quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after acquiring an additional 44 shares during the period. Marshall Investment Management LLC bought a new stake in shares of Lowe’s Companies during the 4th quarter valued at $31,000. Finally, JNBA Financial Advisors grew its position in shares of Lowe’s Companies by 555.6% during the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock valued at $32,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.