Lowe's Companies, IncNYSE: LOW
Consumer Discretionary · Home Improvement Retail
$223.58
+2.90%
Vol: 1.1M
Research Digest
Thursday, June 18, 2026
Lowe's CEO and CFO participate in Oppenheimer fireside chat June 18 as analysts trim price targets citing Q1 comp-store miss and EVP sells $3.1 million in shares.
Lowe's Companies CEO Marvin Ellison and CFO Brandon Sink are participating in an Oppenheimer virtual fireside chat on June 18, 2026, giving investors a real-time update on strategy. An EVP, Janice Dupre, sold 14,150 shares at $221.90 on June 16, totaling $3.14 million, a modest insider sale worth monitoring. Analysts have trimmed targets: Truist cut to $255 from $280 (Buy maintained) and TD Cowen cut to $235 from $280 (Hold maintained) citing Q1 comparable-store sales that came in below expectations due to weather and macro headwinds. On the positive side, Lowe's raised its quarterly dividend 4% to $1.25 per share in late May and posted Q1 2026 sales up 10% year-over-year driven by acquisitions. Lowe's also launched an exclusive Live Nation music benefits program for loyalty members in June. Key risk is a continued soft housing and renovation market suppressing organic comp-store sales.
Previous Market Intelligence
13 daysJun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Lowe's beat Q1 2026 estimates with $2.90 EPS on $23.1B sales but stock fell about 5% after cautious 'roughly flat' commentary on home improvement market.Mixed▶
On May 20, 2026, Lowe's reported Q1 2026 net earnings of $1.6 billion with diluted EPS of $2.90 and total sales of $23.1 billion, beating Wall Street expectations. Comparable sales increased 0.6%, boosted by 15.5% online sales growth, appliances, home services and Pro sales. The company affirmed full-year fiscal 2026 adjusted diluted EPS guidance of $12.25 to $12.75. Despite the beat, shares fell roughly 5% on cautious commentary from CFO Brandon Sink that projected 2026 sales of $92-$94 billion against a 'roughly flat' broader home improvement market, with CEO Marvin Ellison citing a 'persistent lock-in effect' weighing on housing turnover. On May 12, Citi upgraded LOW to Buy from Neutral with a $285 target, citing four straight quarters of positive same-store sales.
May 20Lowe's reports Q1 FY2026 EPS of $2.90 on $23.1B sales with 0.6% comp growth, hosting earnings call May 20Mixed▶
Lowe's reported Q1 FY2026 net earnings of $1.6B and diluted EPS of $2.90 (vs $2.92 prior year) on revenue of $23.1B (vs $20.9B prior year). Comparable sales rose 0.6%, driven by strong spring execution, 15.5% online sales growth, and appliance strength. The quarter included $96M in pre-tax expenses tied to the Foundation Building Materials and Artisan Design Group acquisitions. Management projects 2026 sales of $92-94B but called the home improvement market 'roughly flat' for the year amid persistent housing lock-in. Citi recently upgraded LOW to Buy, while consensus mean PT sits near $283. Stock had shed 24% from its 52-week high heading into the print.
May 19Lowe's gears up for Q1 2026 earnings on May 20 with Citi upgrade and mean PT 30% above current priceMixed▶
Lowe's is scheduled to report Q1 2026 results before the bell on May 20, with the stock down roughly 24% from its 52-week high heading into the print. Citi upgraded LOW to Buy from Neutral on May 12 with a $285 price target, citing four consecutive quarters of positive same-store sales and expectation of a Q1 beat. CFO Brandon Sink guided 2026 sales of $92-$94 billion but called the home improvement market roughly flat, with CEO Marvin Ellison citing a persistent housing lock-in effect. The May 29 Annual Meeting will include votes on directors, executive pay, and three shareholder proposals on board independence and reporting. Analyst consensus skews bullish with 18 Buys, 4 Outperforms, 12 Holds, and a mean PT of $283.39. Sentiment is mixed-to-positive ahead of earnings.
May 18Lowe's set to report Q1 2026 earnings May 20 as Citi upgrades to Buy with $285 price target.Mixed▶
Lowe's will host its Q1 2026 earnings conference call on Wednesday, May 20 at 9 a.m. ET, with analysts expecting only marginal bottom-line growth. On May 12, Citi upgraded LOW to Buy from Neutral with a $285 target, citing expectations the company will beat Q1 estimates and outperform the industry. The stock has declined 24% from its 52-week peak and is down 6% year-to-date amid consumer sentiment weakness. The 2026 Annual Shareholder Meeting is scheduled for May 29. CFO Brandon Sink reiterated 2026 sales guidance of $92-94 billion but described the broader home improvement market as 'roughly flat' due to housing lock-in effects. Synchrony also announced an expanded co-brand partnership as new issuer of the MyLowe's Pro Rewards American Express card.
May 15Lowe's confirms Q1 2026 earnings call for May 20; Citi sees beat and outperformance despite stock down 6% YTD on macro/Iran-war pressureMixed▶
Lowe's confirmed it will host its Q1 2026 earnings conference call at 9:00 AM ET on Tuesday, May 20, 2026. Citi analyst Steven Zaccone wrote that "LOW should beat 1Q street estimates and continue to outperform the industry in 2026," arguing the home improvement industry has bottomed despite geopolitical risks. Shares are down ~6% YTD and ~11% over the past month as consumer sentiment hits record lows amid the Iran war. 2026 guidance calls for $92B-$94B in sales, flat-to-2% comp growth, and operating margins of 11.2%-11.4%. The 2026 Annual Meeting is May 29, with shareholders voting on directors, executive pay, and three shareholder proposals. Risk: weak consumer sentiment and DIY demand if macro deteriorates further.
May 14Lowe's confirmed May 20 Q1 2026 earnings call date as Citi reiterated bullish view that LOW will beat 1Q street estimates and outperform peers.Neutral▶
On May 13, 2026, Lowe's Companies announced it will host its First Quarter 2026 Earnings Conference Call at 9:00 a.m. ET on May 20, 2026, with the 2026 Annual Shareholder Meeting set for May 29. Citi analyst Steven Zaccone stated LOW should beat 1Q street estimates and continue to outperform the industry in 2026, citing the view that the home improvement industry has bottomed. The 2025 management highlights include $86.3 billion in sales and an 11.8% operating margin. This matters because Q1 is the first read on consumer DIY demand in a year where macro and consumer sentiment have been weak. The risk is that geopolitical tensions and weak consumer sentiment continue to pressure big-ticket discretionary categories, putting any beat at risk of being faded.
May 13Citi Research upgraded Lowe's to Buy from Hold on May 12 citing four consecutive quarters of same-store sales growth, while Bank of America had earlier downgraded the stock.Mixed▶
On May 12, 2026, Citi Research upgraded Lowe's to Buy from Hold, citing four consecutive quarters of same-store sales growth. Shares are down roughly 6% YTD through early May, trading near the low $220s. Bank of America had earlier downgraded Lowe's and removed it from its buy list, citing cautious home improvement sector outlook and elevated mortgage rates. Recent comparable sales fell about 2% with big-ticket discretionary transactions above $500 down 4%. Online sales and the Pro segment remain bright spots. FactSet shows an average overweight rating with a mean price target around $287. LOW declared a $1.20 dividend with ex-date April 22.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 11Bank of America removes Lowe's from Buy list, reinstates Neutral with $260 PT ahead of May 20 earningsNegative▶
On May 5, 2026, Bank of America reinstated coverage of Lowe's at Neutral with a $260 price target, stepping down from its prior Buy rating, citing housing turnover near multi-decade lows and no near-term catalyst. RBC Capital also noted a Hold rating on May 5. Lowe's Q1 2026 earnings report is scheduled for May 20, 2026, with the Annual Meeting on May 29. The company is navigating mixed expectations as it invests in AI and skilled labor while competing against Home Depot in a soft housing market. Recent results showed strong sales growth but cautious EPS guidance prompting investor concern.
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Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.