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Target Corp. (TGT) Stock Fundamental Analysis & AI Rating 2026

TGT NYSE Retail-Variety Stores MN CIK: 0000027419
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-01-31
Combined AI Rating
HOLD
75% Confidence
STRONG AGREEMENT
HOLD
72% Conf
HOLD
78% Conf

📊 TGT Key Takeaways

Revenue: $104.8B
Net Margin: 3.5%
Free Cash Flow: $2.8B
Current Ratio: 0.94x
Debt/Equity: 0.89x
EPS: $8.13
AI Rating: HOLD with 72% confidence
Target Corp. (TGT) receives a HOLD rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $104.8B, net profit margin of 3.5%, and return on equity (ROE) of 22.9%, Target Corp. demonstrates mixed fundamentals in the Consumer sector. Below is our complete TGT stock analysis for 2026.

Is Target Corp. (TGT) a Good Investment?

Claude

Target demonstrates solid operational efficiency with strong profitability metrics (22.9% ROE, 6.2% ROA) and excellent interest coverage (48.3x), but faces headwinds from declining revenue (-1.7% YoY) and weakening net income (-9.4% YoY). The company's liquidity position is strained with a current ratio of 0.94x and minimal cash reserves, requiring close monitoring alongside modest free cash flow generation.

ChatGPT

Target’s fundamentals show a still-profitable large-scale retailer with solid gross profitability, strong interest coverage, and positive free cash flow generation. However, declining revenue, weaker earnings, thin retail margins, and tight liquidity suggest the business is stable rather than strengthening. The company appears financially resilient, but growth quality and near-term profit momentum are not strong enough to justify a more bullish fundamental view.

Why Buy Target Corp. Stock? TGT Key Strengths

Claude
  • + Exceptional return on equity (22.9%) and solid return on assets (6.2%) indicate efficient capital deployment
  • + Strong interest coverage ratio (48.3x) demonstrates robust ability to service debt obligations
  • + Healthy operating cash flow of $6.6B with positive free cash flow of $2.8B provides financial flexibility
  • + Moderate leverage (0.89x debt/equity) maintains balance sheet stability
ChatGPT
  • + Strong absolute profitability with $5.12B operating income and $3.71B net income
  • + Excellent interest coverage of 48.3x indicates debt is currently very manageable
  • + Positive operating cash flow and free cash flow support ongoing investment and shareholder flexibility

TGT Stock Risks: Target Corp. Investment Risks

Claude
  • ! Revenue contraction (-1.7% YoY) signals top-line weakness in competitive retail environment
  • ! Net income decline (-9.4% YoY) outpacing revenue decline suggests margin compression or cost control challenges
  • ! Weak liquidity position with current ratio below 1.0x (0.94x) and minimal cash reserves ($250M) limits short-term flexibility
  • ! High long-term debt of $14.4B relative to stockholders' equity ($16.2B) constrains financial flexibility
  • ! Low quick ratio (0.36x) indicates potential working capital stress if operational challenges persist
ChatGPT
  • ! Revenue and net income are both declining, pointing to weak top-line momentum and earnings pressure
  • ! Low current ratio and very low quick ratio indicate limited liquidity cushion
  • ! Free cash flow margin of 2.7% is modest, leaving less room if margins weaken further

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and same-store sales trends to assess market share stability
  • * Operating margin sustainability as cost pressures may persist in inflationary environment
  • * Free cash flow generation and capital expenditure levels relative to debt service requirements
  • * Current ratio and working capital management to ensure liquidity adequacy
  • * Net income recovery path and operating leverage improvement opportunities
ChatGPT
  • * Comparable sales/revenue growth and operating margin trend
  • * Free cash flow generation relative to capital expenditures and debt levels

Target Corp. (TGT) Financial Metrics & Key Ratios

Revenue
$104.8B
Net Income
$3.7B
EPS (Diluted)
$8.13
Free Cash Flow
$2.8B
Total Assets
$59.5B
Cash Position
$250.0M

💡 AI Analyst Insight

The relatively thin 2.7% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

TGT Profit Margin, ROE & Profitability Analysis

Gross Margin 19.8%
Operating Margin 4.9%
Net Margin 3.5%
ROE 22.9%
ROA 6.2%
FCF Margin 2.7%

TGT vs Consumer Sector: How Target Corp. Compares

How Target Corp. compares to Consumer sector averages

Net Margin
TGT 3.5%
vs
Sector Avg 8.0%
TGT Sector
ROE
TGT 22.9%
vs
Sector Avg 18.0%
TGT Sector
Current Ratio
TGT 0.9x
vs
Sector Avg 1.5x
TGT Sector
Debt/Equity
TGT 0.9x
vs
Sector Avg 0.8x
TGT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Target Corp. Stock Overvalued? TGT Valuation Analysis 2026

Based on fundamental analysis, Target Corp. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
22.9%
Sector avg: 18%
Net Profit Margin
3.5%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.89x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Target Corp. Balance Sheet: TGT Debt, Cash & Liquidity

Current Ratio
0.94x
Quick Ratio
0.36x
Debt/Equity
0.89x
Debt/Assets
0.0%
Interest Coverage
48.27x
Long-term Debt
$14.4B

TGT Revenue & Earnings Growth: 5-Year Financial Trend

TGT 5-year financial data: Year 2021: Revenue $106.0B, Net Income N/A, EPS $6.36. Year 2022: Revenue $109.1B, Net Income $4.4B, EPS $8.64. Year 2023: Revenue $109.1B, Net Income $6.9B, EPS $14.10. Year 2024: Revenue $109.1B, Net Income $2.8B, EPS $5.98. Year 2025: Revenue $107.4B, Net Income $4.1B, EPS $8.94.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Target Corp.'s revenue has shown modest growth of 1% over the 5-year period. The most recent EPS of $8.94 reflects profitable operations.

TGT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.7%
Free cash flow / Revenue

TGT Quarterly Earnings & Performance

Quarterly financial performance data for Target Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $25.3B $689.0M $1.51
Q2 2025 $25.2B $854.0M $2.05
Q1 2025 $23.8B $854.0M $2.03
Q3 2024 $25.4B $835.0M $1.85
Q2 2024 $24.8B $835.0M $1.80
Q1 2024 $24.5B $835.0M $2.03
Q3 2023 $25.4B $183.0M $1.54
Q2 2023 $24.8B $183.0M $0.39

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Target Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$6.6B
Cash generated from operations
Stock Buybacks
$408.0M
Shares repurchased (TTM)
Capital Expenditures
$3.7B
Investment in assets
Dividends Paid
$2.1B
Returned to shareholders

TGT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Target Corp. (CIK: 0000027419)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/wk-form4_1775766195.xml View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775766190.xml View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775766184.xml View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775766178.xml View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775766173.xml View →

Frequently Asked Questions about TGT

What is the AI rating for TGT?

Target Corp. (TGT) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are TGT's key strengths?

Claude: Exceptional return on equity (22.9%) and solid return on assets (6.2%) indicate efficient capital deployment. Strong interest coverage ratio (48.3x) demonstrates robust ability to service debt obligations. ChatGPT: Strong absolute profitability with $5.12B operating income and $3.71B net income. Excellent interest coverage of 48.3x indicates debt is currently very manageable.

What are the risks of investing in TGT?

Claude: Revenue contraction (-1.7% YoY) signals top-line weakness in competitive retail environment. Net income decline (-9.4% YoY) outpacing revenue decline suggests margin compression or cost control challenges. ChatGPT: Revenue and net income are both declining, pointing to weak top-line momentum and earnings pressure. Low current ratio and very low quick ratio indicate limited liquidity cushion.

What is TGT's revenue and growth?

Target Corp. reported revenue of $104.8B.

Does TGT pay dividends?

Target Corp. pays dividends, with $2,053.0M distributed to shareholders in the trailing twelve months.

Where can I find TGT SEC filings?

Official SEC filings for Target Corp. (CIK: 0000027419) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TGT's EPS?

Target Corp. has a diluted EPS of $8.13.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TGT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Target Corp. has a HOLD rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TGT stock overvalued or undervalued?

Valuation metrics for TGT: ROE of 22.9% (sector avg: 18%), net margin of 3.5% (sector avg: 8%). Higher ROE suggests strong returns relative to peers.

Should I buy TGT stock in 2026?

Our dual AI analysis gives Target Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TGT's free cash flow?

Target Corp.'s operating cash flow is $6.6B, with capital expenditures of $3.7B. FCF margin is 2.7%.

How does TGT compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 3.5% (avg: 8%), ROE 22.9% (avg: 18%), current ratio 0.94 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-01-31 | Powered by Claude AI