Lowe’s Companies (NYSE:LOW) Given New $275.00 Price Target at KeyCorp

Lowe’s Companies (NYSE:LOW) had its price objective reduced by KeyCorp from $300.00 to $275.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the home improvement retailer’s stock. KeyCorp’s price target suggests a potential upside of 24.29% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Guggenheim increased their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Oppenheimer reduced their price target on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research report on Monday. Wells Fargo & Company restated an “overweight” rating and set a $255.00 price target on shares of Lowe’s Companies in a research report on Thursday. BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. Finally, Stifel Nicolaus cut their target price on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research report on Monday. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and a consensus target price of $280.48.

Lowe’s Companies Price Performance

NYSE LOW opened at $221.25 on Thursday. Lowe’s Companies has a 1 year low of $208.00 and a 1 year high of $293.06. The firm has a market cap of $123.92 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 4.19 and a beta of 0.91. The company has a fifty day moving average price of $236.07 and a 200-day moving average price of $248.40.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, research analysts anticipate that Lowe’s Companies will post 12.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LOW. Swiss RE Ltd. bought a new position in shares of Lowe’s Companies in the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter valued at approximately $27,000. Activest Wealth Management boosted its position in shares of Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 51 shares during the period. OLD Second National Bank of Aurora boosted its position in shares of Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Finally, United Financial Planning Group LLC bought a new position in shares of Lowe’s Companies in the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
• Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
• Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
• Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.