Prediction: Lowe’s Stock Could Reach $300+ Sooner Than You Expect

46 minutes ago 3

Vandita Jadeja

Thu, May 28, 2026 astatine 10:13 AM CDT 4 min read

Quick Read

Lowe’s (LOW) posted Q1 FY27 gross of $23.08B (+10.3% YoY) driven by Foundation Building Materials and Artisan Design Group acquisitions, with comparable income up 0.6% and online income surging 15.5%, yet shares commercialized astatine a 19x net discount contempt absorption affirming FY2026 guidance of $92B-$94B successful income and $12.25-$12.75 adjusted EPS.
Lowe’s is executing its Total Home strategy done a lodging downturn portion expanding Pro penetration done acquisitions and integer tools similar the Mylow AI advisor, positioning for a 22% rebound to the $265.24 terms people erstwhile Fed cuts unlock lodging turnover and discretionary spending.
The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Lowe's wasn't 1 of them. Get them present FREE.

Lowe's (NYSE:LOW) conscionable delivered its 4th consecutive 4th of affirmative comp sales, yet the banal sits 9.01% little year-to-date and 13.02% disconnected its April peak. That disconnect is the instauration of our call.

Our 24/7 Wall St. terms people for Lowe's is $265.24 implicit the adjacent 12 months, implying 22% upside from the existent $217.41. The proposal is buy, with precocious assurance astatine 90%.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Lowe's wasn't 1 of them. Get them present FREE.

Metric

Value

Current Price	$217.41
24/7 Wall St. Price Target	$265.24
Upside	22.0%
Recommendation	BUY
Confidence	90%

A Spring Selling Season That Beat the Mood

The selloff has been sharp. LOW is down 2.77% implicit the past week and 2.51% implicit 1 year, adjacent arsenic the broader communicative improved.

Q1 FY27 results, reported May 20, 2026, showed gross of $23.08 billion, up 10.3% YoY, lifted by the Foundation Building Materials and Artisan Design Group acquisitions. Adjusted EPS of $3.03 narrowly missed the $3.06 consensus, comparable income roseate 0.6%, and online grew 15.5%.

CEO Marvin Ellison framed the 4th directly: "Strong outpouring execution and continued momentum successful Pro, Appliances, Online, and Home Services supported a coagulated commencement to the year."

Management affirmed FY2026 guidance for $92B to $94B successful income and adjusted EPS of $12.25 to $12.75. Shares commercialized astatine astir 19x earnings, a discount we presumption arsenic unjustified fixed guidance integrity.

The Case for $300+

Our bull lawsuit lands astatine $300.18, a 38.07% full return. The thesis: Pro penetration accelerates arsenic the $8.8B Foundation Building Materials and $1.31B Artisan Design Group deals present synergies.

Online momentum astatine +15.5%, the $250M tradesperson grooming program, and the Mylow AI advisor (5M subordinate questions) each grow the addressable wallet. If owe rates easiness alongside expected Fed cuts, lodging turnover unlocks the discretionary big-ticket purchases presently successful hibernation.

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