Target Corporation (TGT) stock analysis
Company overview and business model
Source fact: Target Corporation operates as a general merchandise retailer in the United States. It offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products. The company also provides food and beverage products comprising dry and perishable grocery, including snacks, candy, beverages, deli, bakery, meat, produce, and food service; electronics which includes video games and consoles, toys, sporting goods, entertainment, and luggage; bed and bath, home décor, school/office supplies, storage, small appliances, kitchenware, greeting cards, party supplies, furniture, lighting, home improvement, and seasonal merchandise; and household essentials, such as household cleaning, paper products, over-the-counter healthcare, vitamins and supplements, baby gear, and pet supplies. In addition, it sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. The company sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
Classification: NYSE · Consumer Defensive · Discount Stores
Revenue and growth
Source fact: Revenue was USD 104.78 billion for the period ending 2026-01-31.
Caverian calculation: Revenue changed -1.7% (FY2026 vs FY2025).
Profitability
Source fact: Net income was USD 3.71 billion in the latest reported period.
Source metric: Reported net margin was 3.5%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 5.49 billion.
Source fact: Total debt was USD 20.29 billion.
Source metric: Current ratio was 0.94x.
Cash-flow analysis
Source fact: Operating cash flow was USD 6.56 billion.
Source fact: Free cash flow was USD 2.83 billion.
Valuation
Source metrics: Trailing P/E 16.42x; Forward P/E 16.71x; Price to book 4.38x; EV/EBITDA 9.48x.
Caverian model output: Value score was 50/100.
Competitive position
Classification: Peer context: Discount Stores within Consumer Defensive.
Caverian model output: Quality score was 57/100.
Caverian model output: Growth score was 32/100.
Material risks
Caverian model interpretation: Watch out: short-term cash may not cover short-term bills.
Caverian calculation: Piotroski F-score was 6/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles