Should You Buy Target Stock Before Aug. 19?

Target will report quarterly earnings before the market opens on Wednesday, Aug. 19, after shares gained 57% since the start of the year. The article notes that sentiment shifted back toward optimism following strong Q1 2026 results in the retailer’s turnaround, but warns the stock could be hurt by elevated expectations. For the fiscal second quarter ending Aug. 2, 2026, sell-side forecasts call for $26.1 billion in revenue and $2.26 per share in GAAP earnings, implying 3.5% and 10.2% growth. Even a “beat” could disappoint if guidance isn’t raised.