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Target stock surges 71% in 2026, eyes $200 milestone by 2030 amid strong earnings and growth.

Analyst Insights
09 Sep 2026
24/7 Wall Street
View Source
Bullish
Target stock surges 71% in 2026, eyes $200 milestone by 2030 amid strong earnings and growth.

Target's stock has risen over 70% in 2026, driven by CEO Michael Fiddelke's successful turnaround efforts including increased store traffic and growth across all merchandising categories. Despite Wall Street's cautious stance with a consensus price target below current levels, forward earnings estimates have been sharply revised upward, suggesting potential for further gains. Analysts project Target could realistically reach $200 per share by 2030 if earnings continue to grow and the company sustains its momentum in advertising and marketplace expansion. Risks include potential declines in consumer spending that could slow progress.

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