Street View:Lowe’s still has spark despite housing market doldrums

Lowes Companies

26/02/2026 08:50

** Home-improvement retailer Lowe's LOW.N forecast full-year sales and profit below Wall Street estimates on Wednesday, a more cautious projection than larger rival Home Depot HD.N amid a stagnant U.S. housing market and guarded consumer spending

** Median PT of 36 brokerages covering the stock is $285 - LSEG-compiled data

FINDING BRIGHT SPOTS IN DIM HOUSING MARKET

** Morgan Stanley ("overweight," PT: $296) says Lowe’s  offers upside if the housing market rebounds, while downside risks seem limited with the industry nearing a bottom

** Morningstar (fair value: $305) says the housing market remains slow because higher mortgage rates are keeping home sales down, and this muted backdrop will limit Lowe’s ability to gain cost leverage

** Piper Sandler ("overweight," PT: $300) says co’s sales initiatives are working, and the softer 2026 guidance reflects short‑term pressure from acquisitions; outlook provided by Lowe's is reasonable and beatable

** Telsey Advisory Group ("outperform," PT: $295) says co continues to gain traction with its efforts to grow market share through better merchandise, stronger engagement with small to mid‑sized professional contractors and improved technology

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))