Target (NYSE: TGT) Stock Analysis: Key Financials and Analyst Outlook

• Target (NYSE: TGT)'s recent financial performance, highlighting revenue and gross profit.
• An analyst upgrade from HSBC, setting a new price target for the retail giant.
• Key operational efficiency metrics, including operating profit margin and asset turnover.

Target (NYSE: TGT) is a prominent U.S. retailer that sells groceries, clothing, home goods, and other products through stores and online. This retail stock competes with industry leaders such as Walmart. The supplied press-release record does not discuss Target or report a Target share-price move or company announcement.

Instead, an October 1, 2026, announcement says Skeleton Coast Uranium digitized historical exploration data for five Namibian exploration licences and identified priority areas for field validation. The full release text was not provided, so the record offers no further detail about that work.

Separately, HSBC provided new investment insights, upgrading Target to Buy from Hold and setting a $190.00 price target. Shares traded at $156.45 when the news was posted, making the target about 21.4% higher than that price. A price target is an analyst’s estimate, not a guaranteed return.

Target's latest quarterly earnings report showcased strong financial performance, with revenue of $26.54 billion and gross profit of $8.94 billion. Cost of revenue stood at $17.60 billion, while operating expenses were $6.38 billion. Gross profit is what remains after subtracting the direct cost of goods sold from revenue.

Over the trailing twelve months, Target’s operating profit margin was 5.6%, indicating strong profitability metrics as it kept about 5.6 cents in operating profit for each dollar of sales. Operational efficiency was further highlighted by an asset turnover of 1.76 and an inventory turnover of 5.75. Quarterly inventory stood at $13.25 billion, while net property, plant and equipment totaled $38.35 billion.