Lowe's Companies (LOW) Stock Forecast & Price Target

$242.45

+2.12 (+0.88%)

(As of 08/21/2024 ET)

Lowe's Companies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 26 Analyst Ratings

Based on 26 Wall Street analysts who have issued ratings for Lowe's Companies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 26 analysts, 14 have given a hold rating, and 12 have given a buy rating for LOW.

Consensus Price Target

$252.96
4.34% Upside

High Forecast	$290.00
Average Forecast	$252.96
Low Forecast	$210.00

According to the 26 analysts' twelve-month price targets for Lowe's Companies, the average price target is $252.96. The highest price target for LOW is $290.00, while the lowest price target for LOW is $210.00. The average price target represents a forecasted upside of 4.34% from the current price of $242.45.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	12 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)
Hold	14 Hold rating(s)	14 Hold rating(s)	14 Hold rating(s)	13 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$252.96	$250.04	$251.33	$234.89
Forecasted Upside	4.34% Upside	9.46% Upside	9.78% Upside	9.40% Upside

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LOW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LOW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lowe's Companies Stock vs. The Competition

Type	Lowe's Companies	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.46	2.46	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	4.34% Upside	384.76% Upside	8.75% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2024	Gordon Haskett 4 of 5 stars		Lower Target	Hold ➝ Hold	$245.00 ➝ $240.00	-0.25%
8/21/2024	Morgan Stanley 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$250.00 ➝ $255.00	+5.37%
8/21/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$290.00 ➝ $280.00	+15.70%
8/21/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$245.00 ➝ $238.00	-1.27%
8/21/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$272.00 ➝ $270.00	+12.00%
8/21/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$264.00 ➝ $262.00	+8.68%
Get the Latest News and Ratings for LOW and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lowe's Companies and its competitors with MarketBeat's FREE daily newsletter.
8/21/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$280.00 ➝ $275.00	+14.07%
8/21/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$225.00 ➝ $250.00	+3.47%
8/21/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$265.00 ➝ $269.00	+11.33%
8/21/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$270.00 ➝ $290.00	+20.02%
8/21/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$250.00 ➝ $250.00	+4.02%
8/20/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$230.00 ➝ $230.00	-5.42%
5/22/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Baker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$270.00 ➝ $240.00	+7.38%
5/13/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$225.00 ➝ $250.00	+7.76%
5/7/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$243.00 ➝ $240.00	+3.42%
4/2/2024	Zelman & Associates Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Neutral	$265.00	+8.41%
3/19/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$280.00	+15.00%
3/4/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$230.00	-5.91%
2/14/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Average ➝ Outperform	$250.00	+10.40%
2/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$238.00 ➝ $262.00	+15.48%
1/4/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$203.00 ➝ $229.00	+7.92%
10/12/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$225.00 ➝ $210.00	+3.29%
9/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$250.00	+18.70%
9/5/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$252.00 ➝ $282.00	+21.29%
8/23/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$225.00 ➝ $230.00	+1.56%
8/23/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$240.00 ➝ $250.00	+10.75%
7/12/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$250.00 ➝ $260.00	+12.31%
5/17/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
3/1/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
12/19/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$210.00	+3.36%
11/9/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$220.00 ➝ $205.00	+7.39%
10/19/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$159.00	-14.23%
10/19/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$210.00	+8.70%
10/3/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$255.00 ➝ $259.00	+37.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:23 AM ET.

LOW Forecast - Frequently Asked Questions

What is Lowe's Companies' forecast for 2024?: According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Lowe's Companies is $252.96, with a high forecast of $290.00 and a low forecast of $210.00.
Should I buy or sell Lowe's Companies stock right now?: 26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 14 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOW, but not buy additional shares or sell existing shares.
Does Lowe's Companies's stock price have much upside?: According to analysts, Lowe's Companies's stock has a predicted upside of 7.95% based on their 12-month stock forecasts.
What analysts cover Lowe's Companies?: Lowe's Companies has been rated by research analysts at Bank of America, Evercore ISI, Gordon Haskett, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Telsey Advisory Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Lowe's Companies more than its competitors?: Analysts like Lowe's Companies less than other "retail/wholesale" companies. The consensus rating score for Lowe's Companies is 2.46 while the average consensus rating score for "retail/wholesale" companies is 2.46. Learn more on how LOW compares to other companies.