What's Going On With Target Stock Thursday? - Target (NYSE:TGT)

Core Insights - Target Corporation plans to open over 30 new stores in 2026, including its 2,000th location in Fuquay-Varina, North Carolina, as part of a long-term expansion strategy supported by a $5 billion capital investment plan [1] - The investment will enhance online order fulfillment efficiency and improve guest service through increased store payroll and employee training [2] - The stock is currently trading below its moving averages, indicating a bearish trend, despite a 43% increase over the past 12 months [3][4] Financial Performance - The next major catalyst for Target's stock will be the earnings report scheduled for May 20, 2026 [5] - The stock carries a Hold Rating with an average price target of $114.36, with recent analyst actions reflecting mixed sentiments [6] - EPS estimate has increased to $1.51 from $1.30, and revenue estimate has risen to $26.77 billion from $23.85 billion [6]