Lowe's shares fall despite beating first quarter estimates

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Go back to Lowe's shares fall despite beating first quarter estimates

Stifel on Lowe's (LOW): 'the shortfall on comparable sales relative to our estimate drives our negative overall view'

May 20, 2026 7:22 AM EDT

Stifel analyst W. Andrew Carter reiterated a Hold rating and $220.00 price target on Lowe's (NYSE: LOW).

The analyst comments "$3.03 adjusted F1Q26 EPS, outperforming our $2.97 F1Q26E. But softer 1Q26 comparable sales, +0.6%, 70 bps below our estimate, with comparable decelerating in the quarter... More