Bank of America Issues Pessimistic Forecast for Lowe’s Companies (NYSE:LOW) Stock Price

Lowe’s Companies (NYSE:LOW) had its price objective decreased by analysts at Bank of America from $260.00 to $257.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the home improvement retailer’s stock. Bank of America‘s price target indicates a potential upside of 16.16% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Piper Sandler lowered shares of Lowe’s Companies from an “overweight” rating to a “neutral” rating in a research report on Tuesday, May 12th. William Blair started coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating for the company. Robert W. Baird cut their price objective on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday. Guggenheim upped their price objective on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Stifel Nicolaus cut their price objective on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research report on Monday. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $278.86.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $221.25 on Thursday. The firm has a market cap of $123.92 billion, a price-to-earnings ratio of 18.67, a P/E/G ratio of 4.19 and a beta of 0.91. Lowe’s Companies has a fifty-two week low of $208.00 and a fifty-two week high of $293.06. The firm has a fifty day moving average price of $236.07 and a two-hundred day moving average price of $248.40.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share 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 net margin of 7.71% and a negative return on equity of 61.40%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, sell-side analysts expect that Lowe’s Companies will post 12.58 earnings per share for the current year.

Institutional Trading of Lowe’s Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Maj Invest Holding A S lifted its stake in shares of Lowe’s Companies by 15.7% during the 3rd quarter. Maj Invest Holding A S now owns 802,990 shares of the home improvement retailer’s stock worth $201,801,000 after buying an additional 108,813 shares during the last quarter. Bridges Investment Management Inc. lifted its stake in shares of Lowe’s Companies by 13.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 420,832 shares of the home improvement retailer’s stock worth $105,759,000 after buying an additional 49,858 shares during the last quarter. Facet Wealth Inc. acquired a new stake in shares of Lowe’s Companies during the 3rd quarter worth about $558,000. Jefferies Financial Group Inc. lifted its stake in shares of Lowe’s Companies by 134.3% during the 3rd quarter. Jefferies Financial Group Inc. now owns 56,252 shares of the home improvement retailer’s stock worth $14,137,000 after buying an additional 32,240 shares during the last quarter. Finally, National Pension Service lifted its stake in shares of Lowe’s Companies by 2.7% during the 3rd quarter. National Pension Service now owns 1,286,782 shares of the home improvement retailer’s stock worth $323,381,000 after buying an additional 33,686 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
• Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
• Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
• Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis

About Lowe’s Companies

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.