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TJX

The TJX Companies Inc

NYSE: TJX · CONSUMER CYCLICAL · APPAREL RETAIL

$156.07
-0.72% today

Updated 2026-04-29

Market cap
$174.38B
P/E ratio
32.24
P/S ratio
2.89x
EPS (TTM)
$4.87
Dividend yield
1.07%
52W range
$119 – $166
Volume
4.5M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

The TJX Companies Inc (TJX) Financial Forecast & Price Target 2030

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

Price target summary

Current
$156.07
Consensus
$169.00
+8.28%
2030 Target
$870.97
+458.06%
DCF
$147.36
-6.99% MoS
16 analysts:
7 Buy1 Hold1 Sell

Management guidance

TJX management provided FY2027 EPS guidance of $5.73 (11% growth vs FY2026's $5.17). For FY2027, consensus revenue is $68.19B (5.81% growth from $64.45B). Management indicated 2-3% comparable store sales growth guidance for FY2027, suggesting modest but steady momentum. No specific revenue targets beyond FY2027 were disclosed by management.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,435.48
$80.5B Rev × 20x P/S
Base case (2030)
$870.97
$80.5B Rev × 12x P/S
Bear case (2030)
$580.64
$80.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2024202520262027 (E)2028 (E)2029 (E)2030 (E)
Revenue$54.2B$56.4B$60.4B$68.2B$72.1B$76.2B$80.5B
Revenue growth—4.0%7.1%5.8%5.7%5.7%5.6%
EPS$3.86$3.30$4.88$5.73$6.35$7.02$7.73
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$725.81$774.19$822.58$870.97

Catalysts & risks

Growth catalysts
+ Off-price retail secular tailwind as consumers shift to value shopping amid economic uncertainty
+ New distribution center expansion (175-acre Plant City facility) supporting HomeGoods/Homesense growth and store expansion
+ Strong free cash flow generation supporting $2.5-2.75B annual share buybacks and 29-year consecutive dividend increases (13% recent hike)
+ International expansion opportunities and banner diversification across TJ Maxx, Marshalls, HomeGoods, Sierra, Tjx.com
Key risks
- Consumer spending deceleration if inflation persists or unemployment rises significantly
- Rising freight and fuel costs (Iran geopolitical tensions) impacting gross margins and logistics
- Valuation stretched at 33.3x P/E (vs specialty retail avg 19.4x) with stock 52.9% above fair value estimates
- Merchandise sourcing and supply chain complexity across global vendor base
- Intensifying competition from Amazon and other off-price competitors (Ross Stores, Burlington)

Methodology

The TJX Companies Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 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.