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Home/News Feed/Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.
ROST
$229.67
+$3.06 +1.35%

Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.

Analyst Insights
17 Aug 2026
Tony Dante
View Source
Bullish
Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.

Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23.1%). Ross Stores, known for its off-price retail chain Ross Dress for Less, has a consistent record of beating earnings estimates by an average of 10.2% over the past year, driven by store expansion and value-focused customers. The company aims for 6-7% comparable store sales growth and an operating margin near 13%, though inflation risks remain.

More News (ROST)

Ross Stores appoints two new board members and announces retirement of longtime director

Ross Stores appoints two new board members and announces retirement of longtime director

Ross Stores announced that Shelley H. Bransten and Christian B. Johnson will join its Board of Directors starting October 1, 2026, while longtime member Sharon D. Garrett plans to retire. Bransten brings over 25 years of experience in technology and ...

Company Fundamentals
Neutral
3 days ago
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