WallStSmart
LOW

Lowe's Companies Inc

NYSE: LOW · CONSUMER CYCLICAL · HOME IMPROVEMENT RETAIL

$238.79
+2.27% today

Updated 2026-04-29

Market cap
$137.32B
P/E ratio
20.67
P/S ratio
1.59x
EPS (TTM)
$11.86
Dividend yield
1.90%
52W range
$206 – $292
Volume
2.7M

Lowe's Companies Inc (LOW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$238.79
Consensus
$291.14
+21.92%
2030 Target
$2,240.99
+838.48%
DCF
$167.23
-39.65% MoS
22 analysts:
11 Buy6 Hold1 Sell

Management guidance

No specific revenue targets stated in available guidance. Management affirmed commitment to 'Hometowns' initiative (100 renovation projects by end of 2026) and launched HomeCare+ subscription service, but no explicit revenue or earnings guidance figures were disclosed in recent filings or earnings calls.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$3,719.58
$106.5B Rev × 20x P/S
Base case (2030)
$2,240.99
$106.5B Rev × 12x P/S
Bear case (2030)
$1,478.59
$106.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2024202520262027 (E)2028 (E)2029 (E)2030 (E)
Revenue$86.4B$83.7B$86.3B$97.5B$100.5B$103.4B$106.5B
Revenue growth-3.1%3.1%3.5%3.0%2.9%3.0%
EPS$13.06$10.31$12.29$13.82$14.75$15.55$16.50
P/S ratio12.0x12.0x12.0x12.0x
Implied price$2,033.06$2,102.37$2,171.68$2,240.99

Catalysts & risks

Growth catalysts
+ HomeCare+ subscription service rollout driving recurring revenue and customer stickiness
+ Supply chain optimization partnership with RELEX Solutions improving inventory efficiency and margins
+ Housing market stabilization as mortgage rates decline below 6% (first time since 2022), improving DIY and pro customer demand
+ Market share gains vs Home Depot evidenced by recent competitive commentary
+ Acquisitions of Artisan Design Group and planned Foundation Building Materials deal expanding pro and specialty segments
Key risks
- Persistent housing market weakness and consumer discretionary spending pullback in macro slowdown
- Competitive pressure from Home Depot (larger scale, higher market cap) with shifting pro sales focus
- 5-year revenue CAGR of -0.8% reflects structural headwinds in DIY segment; cyclical sensitivity to housing starts and existing home sales
- Q4 2025 earnings showed net earnings decline despite revenue growth, margin compression risk
- Consumer sentiment deterioration if recession materializes; home improvement is discretionary spending

Methodology

Lowe's Companies Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 22 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.