Jefferies Reiterates Buy Rating on Lowe's (LOW)

Loop Capital Reiterates Hold Rating on Lowe's (LOW)

Loop Capital analyst Laura Champine reiterated a Hold rating and $230.00 price target on Lowe's (NYSE: LOW).

The analyst comments "We are reiterating our Hold rating for LOW following a quarterly report which was basically in line with our estimate but beat... More

Lowe's (LOW) PT Lowered to $265 at Truist Securities

Truist Securities analyst Scot Ciccarelli lowered the price target on Lowe's (NYSE: LOW) to $265.00 (from $271.00) while maintaining a Buy rating.

The analyst comments "1Q results were slightly above investor expectations, helped by the arrival of Spring weather. Pros posted + comps for the quarter, helping offset... More

RBC Capital Reiterates Sector Perform Rating on Lowe's (LOW)

RBC Capital analyst Steven Shemesh reiterated a Sector Perform rating and $246.00 price target on Lowe's (NYSE: LOW)

The analyst comments "A 4% 1Q EPS beat was largely offset by 2Q EPS guidance ~4% below consensus, leaving 2024 a back-half improvement story and keeping FY'24 #s... More

UBS Reiterates Buy Rating on Lowe's (LOW)

UBS analyst Michael Lasser reiterated a Buy rating and $270.00 price target on Lowe's (NYSE: LOW).

The analyst comments "Overall, Lowes 1Q print was better than expected and should be a positive catalyst for the stock today. Its comp was -4.1%, compared to our forecast of -6% and the consensus of -5.5%. The markets expectation had moved a touch lower following HDs print and was squarely... More

Barclays Reiterates Equalweight Rating on Lowe's (LOW)

Barclays analyst Matthew McClintock reiterated an Equalweight rating and $229.00 price target on Lowe's (NYSE: LOW).

The analyst comments "Q1 results were mixed with sales better but still negative, while GM came in slightly below due in part to promotional activity. Not much... More

JPMorgan Reiterates Overweight Rating on Lowe's (LOW)

JPMorgan analyst Christopher Horvers reiterated an Overweight rating and $268.00 price target on Lowe's (NYSE: LOW)

The analyst comments "LOW posted a sales-driven 4% EPS beat with comps of -4.1% vs. our -5.5%, the Streets -5.6%, and the down 5.5-6.0% HD lateral, as declines in... More

Wells Fargo Reiterates Overweight Rating on Lowe's (LOW)

Wells Fargo analyst Zachary Fadem reiterated an Overweight rating and $290.00 price target on Lowe's (NYSE: LOW)

The analyst comments "Cautious Q2 raises eyebrows; Q1 beat adds credibility. We expect LOW's Q2 guide to drive the debate today. We take the side of 'it's... More

Lowe's (LOW) PT Lowered to $250 at Evercore ISI

Evercore ISI analyst Greg Melich lowered the price target on Lowe's (NYSE: LOW) to $250.00 (from $255.00) while maintaining a In Line rating.

The analyst comments "Whats harder? Twelve quarters of negative traffic, six quarters of negative comps, or trying to time of the turn in both. For Lowes, the toughest thing is trying to manage costs while investing to grow, balancing the two to grow share while keeping margins from falling further. For investors,... More

Lowe's net sales top Wall Street estimates in the first quarter

Investing.com -- Lowes (NYSE: LOW) has reported net sales of $21.36 billion in the first quarter, slipping by 4.4% compared to the year-ago period but above Bloomberg consensus estimates.

The DIY retailer also confirmed its full-year outlook, adding that it is "pleased"... More

Lowe's Cos. (LOW) Tops Q1 EPS by 11c; offers outlook

Lowe's Cos. (NYSE: LOW) reported Q1 EPS of $3.06, $0.11 better than the analyst estimate of $2.95. Revenue for the quarter came in at $21.36 billion versus the consensus estimate of $21.14 billion.

GUIDANCE:

Lowe's Cos. sees FY2025 EPS of $12.00-$12.30, versus the consensus... More

Futures muted, Palo Alto Networks' billings forecast - what's moving markets

Investing.com -- U.S. futures tread water as markets gear up for much-anticipated earnings from Nvidia (NASDAQ: NVDA) this week and assess fresh interest rate commentary from Federal Reserve policymakers. Shares in Palo Alto Networks slip in extended hours trading after the cybersecurity group's fourth-quarter billings forecast fails to impress analysts. Samsung Electronics (KS:005930) shakes up the leadership of its semiconductor division in a bid to keep pace in the race to roll out AI-specialized chips.

1. Futures tread water

U.S. futures hovered around the flatline on Tuesday,... More

Lowe's earnings preview: Here’s what TAG analysts expect to see

Home improvement retailer Lowe's (NYSE: LOW) is due to report its first-quarter earnings before the market opening bell on Tuesday, a week after its rival Home Depot (NYSE: HD) released its print.

Both Lowe's and Home Depot have noted over the past year that a slowdown in consumer spending on do-it-yourself (DIY) projects has impacted their sales, as inflation continues to affect many consumers.

For this quarter, Wall Street analysts expect Lowe's to report revenue of $21.12 billion, with profits of $1.68 billion or $2.93 per share, according to... More

Lowe's Cos. (LOW) May weekly option implied volatility into quarter results

Lowe's Cos. (NYSE: LOW) May weekly call option implied volatility is at 50, June is at 25; compared to its 52-week range of 17 to 34 into the expected release of quarter results before the bell on May 21.

Dow Jones, Nasdaq, S&P 500 weekly preview: It's the Nvidia earnings week

The Dow Jones Industrial Average (DJIA) closed above the key 40,000 level for the first time in history on Friday, rising 134.21 points, or 0.34%, to 40,003.59, after hitting an intraday high in the previous session.

The S&P 500 inched up 6.17 points, or 0.12%, to 5,303.27, while the Nasdaq Composite ended down 12.35 points, or 0.07%, at 16,685.97.

The week ended strong with the Dow up 1.2%, marking its fifth straight weekly gain. The S&P 500 and Nasdaq climbed 1.5% and 2.1% week-to-date, achieving their longest winning streak since February.

This weekly ascent propelled the three indexes into positive territory for the second... More

Lowe's Cos. (LOW) May weekly 230 straddle priced into quarter results

Lowe's Cos. (NYSE: LOW) May weekly 230 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on May 21.

Lowe's Cos. (LOW) May weekly 232 straddle into quarter results

Lowe's Cos. (NYSE: LOW) May weekly 232 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 21.