Target Shares Jump 26% in 2026, Outpacing Retail Peers

2 articles · Updated · Bloomberg · May 20

$123 Target shares have climbed 26% this year, putting the retailer on track for its first annual stock gain in five years.
Investor optimism has driven the rally, helping Target outperform staples and big-box peers ahead of its upcoming quarterly results.
That rebound still recovers only about one-fifth of the stock's losses from the prior four years.
The shares remain well below Target's 2021 record high of $266, showing the surge is strong but still partial in a longer recovery.

After a 26% stock surge, will Target's earnings prove its turnaround is real or just a fantasy?

Target is ditching Ulta and revamping groceries. Is this new vision what shoppers actually want, or a costly mistake?