Evercore Issues Pessimistic Forecast for Lowe’s Companies (NYSE:LOW) Stock Price

Lowe’s Companies (NYSE:LOW) had its target price decreased by equities research analysts at Evercore from $250.00 to $230.00 in a note issued to investors on Thursday,MarketScreener reports. Evercore’s price objective indicates a potential upside of 5.61% from the stock’s current price.

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group dropped their price objective on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating for the company in a report on Thursday. Robert W. Baird lowered their price target on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $255.00 price target on shares of Lowe’s Companies in a research note on Thursday. Mizuho reduced their price objective on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, KeyCorp decreased their price objective on Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating on the stock in a report on Thursday. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $266.23.

Lowe’s Companies Price Performance

NYSE LOW traded down $3.26 during trading on Thursday, reaching $217.79. The company’s stock had a trading volume of 346,614 shares, compared to its average volume of 2,771,549. The stock has a market capitalization of $121.98 billion, a PE ratio of 18.31, a P/E/G ratio of 4.19 and a beta of 0.91. The firm has a fifty day moving average of $236.07 and a 200 day moving average of $248.40. Lowe’s Companies has a one year low of $208.00 and a one year high of $293.06.

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

Institutional Investors Weigh In On Lowe’s Companies

Institutional investors have recently bought and sold shares of the stock. Providence Wealth Advisors LLC increased its stake in Lowe’s Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock worth $1,959,000 after purchasing an additional 36 shares during the period. Rather & Kittrell Inc. boosted its stake in shares of Lowe’s Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after purchasing an additional 38 shares during the period. First Command Advisory Services Inc. grew its holdings in shares of Lowe’s Companies by 1.3% in the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after purchasing an additional 38 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its stake in shares of Lowe’s Companies by 4.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after buying an additional 39 shares during the period. Finally, Smithbridge Asset Management Inc. DE increased its stake in shares of Lowe’s Companies by 1.1% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock worth $898,000 after buying an additional 39 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s beat both earnings and revenue estimates in the first quarter, helped by Pro demand, spring sales execution, and online growth. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: The company launched an AI-powered “Material Lists” tool to speed up quoting for Pro customers, reinforcing its push into tech-enabled contractor workflows. Lowe’s Boosts Pro Efficiency with AI-Driven Material Lists
• Neutral Sentiment: Several analysts cut price targets after the report, but most still kept constructive ratings such as overweight or outperform, signaling confidence despite near-term profit pressure.
• Neutral Sentiment: Lowe’s reaffirmed full-year guidance, which was roughly in line on revenue but below the Street on EPS, keeping expectations modest amid a weak housing market.
• Negative Sentiment: Management described the U.S. housing market as very challenging, with consumers delaying big-ticket DIY projects; that cautious tone appears to be limiting enthusiasm for the stock.

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.