JPMorgan Chase & Co. Issues Pessimistic Forecast for Lowe’s Companies (NYSE:LOW) Stock Price

Lowe’s Companies (NYSE:LOW) had its price objective dropped by equities research analysts at JPMorgan Chase & Co. from $325.00 to $279.00 in a research note issued to investors on Thursday,MarketScreener reports. The brokerage currently has an “overweight” rating on the home improvement retailer’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 28.10% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Sanford C. Bernstein cut their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Mizuho decreased their price objective on shares of Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday. BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. TD Cowen began coverage on shares of Lowe’s Companies in a research note on Tuesday, May 12th. They issued a “neutral” rating on the stock. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $255.00 target price on shares of Lowe’s Companies in a research report on Thursday. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $266.23.

Lowe’s Companies Price Performance

Shares of NYSE:LOW traded down $3.26 during trading hours on Thursday, hitting $217.79. 346,614 shares of the company’s stock traded hands, compared to its average volume of 2,771,549. The firm has a market capitalization of $121.98 billion, a P/E ratio of 18.31, a price-to-earnings-growth ratio of 4.19 and a beta of 0.91. The business has a fifty day moving average price of $236.07 and a 200-day moving average price of $248.40. Lowe’s Companies has a 1 year low of $208.00 and a 1 year high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The firm had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.Lowe’s Companies’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe’s Companies will post 12.58 earnings per share for the current year.

Hedge Funds Weigh In On Lowe’s Companies

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in Lowe’s Companies in the fourth quarter worth approximately $1,993,697,000. Wellington Management Group LLP boosted its position in Lowe’s Companies by 102.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock valued at $1,056,585,000 after acquiring an additional 2,122,622 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Lowe’s Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after acquiring an additional 2,039,343 shares in the last quarter. J. Stern & Co. LLP increased its holdings in shares of Lowe’s Companies by 7,814.9% in the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock valued at $359,417,000 after acquiring an additional 1,471,539 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of Lowe’s Companies by 207.2% in the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after acquiring an additional 1,388,133 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Lowe’s Companies

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s beat both earnings and revenue estimates in the first quarter, helped by Pro demand, spring sales execution, and online growth. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: The company launched an AI-powered “Material Lists” tool to speed up quoting for Pro customers, reinforcing its push into tech-enabled contractor workflows. Lowe’s Boosts Pro Efficiency with AI-Driven Material Lists
• Neutral Sentiment: Several analysts cut price targets after the report, but most still kept constructive ratings such as overweight or outperform, signaling confidence despite near-term profit pressure.
• Neutral Sentiment: Lowe’s reaffirmed full-year guidance, which was roughly in line on revenue but below the Street on EPS, keeping expectations modest amid a weak housing market.
• Negative Sentiment: Management described the U.S. housing market as very challenging, with consumers delaying big-ticket DIY projects; that cautious tone appears to be limiting enthusiasm for the stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.