Ross Stores stock: Wolfe Research sets USD 279 target for Ross Stores stock

Published on 10/23/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales rose 13.30 percent to USD 6.26 billion. Ross Stores stock costs EUR 205.15 on October 23, 2026, down 2.93 percent versus Frankfurt close.

Analyst target and quarterly sales

Wolfe Research set a USD 279.00 target for Ross Stores on October 22, 2026.
Quarterly sales rose 13.30 percent to USD 6.26 billion.
Ross Stores stock costs EUR 205.15 at Lang & Schwarz on October 23, 2026 at 4:42 p.m. CEST, down 2.93 percent versus the Frankfurt close.
Ross Stores is scheduled to report third-quarter results on November 19, 2026.

Isometrische 3D-Grafik einer Lieferkette von Hafen über Lager bis zum Einzelhandelsgeschäft — Ross Stores Inc. (US7782961038) profitiert von Logistik, isometrisch dargestellt als Lieferkette vom Hafen zum Geschäft, Illustration mit AI erstellt.

Ross Stores (ISIN US7782961038) drew a new bullish analyst signal as Markets Insider reported on October 21, 2026 that Wolfe Research initiated coverage with an Outperform rating and a USD 279.00 price target. The target is 21.39 percent above the Nasdaq price of USD 229.85 at 10:56 a.m. EDT on October 23, 2026. At Lang & Schwarz, Ross Stores stock stood at EUR 205.15 on October 23, 2026 at 4:42 p.m. CEST, down 2.93 percent versus the Frankfurt close of October 21, 2026 at EUR 211.35.

Target meets stronger quarterly sales

The analyst signal arrives after a strong second quarter. Ross Stores reported revenue of USD 6.26 billion for the quarter ended August 1, 2026, up 13.30 percent from USD 5.53 billion a year earlier, according to TickerScout. Net income reached USD 851.30 million, compared with USD 507.99 million in the prior-year quarter. The report identified a USD 253.00 million pre-tax benefit from tariff refunds, which is material when assessing the earnings comparison.

Stock sits below its annual high

Ross Stores had a USD 156.41 to USD 257.00 52-week range as of October 23, 2026. Its Nasdaq market capitalization was USD 73.7 billion and its trailing price-to-earnings ratio was 27.76 on the same date. The Nasdaq quote was USD 229.85, while the wider retail peer group included TJX Companies at USD 145.39 with a USD 159.9 billion market capitalization and a 26.87 ratio, and Burlington Stores at USD 245.92 with a USD 15.4 billion market capitalization and a 22.05 ratio.

November results date is next

Ross Stores is expected to report third-quarter 2026 results on November 19, 2026, after the market closes, according to MarketBeat. The upcoming release will test whether the recent sales pace can continue after the tariff refund lifted second-quarter earnings. For the stock, the contrast is clear: Wolfe Research sees USD 279.00, while the Nasdaq quote remains below that level.

Analyst view sets the near-term frame

Ross Stores combines a recent USD 279.00 target with quarterly revenue growth of 13.30 percent and a scheduled reporting date. The earnings comparison needs care because the USD 253.00 million tariff refund benefited the second-quarter result. The current euro quotation also remains below the Frankfurt close used for the daily comparison.

Price and next reporting date

Ross Stores stock was trading at EUR 205.15 at Lang & Schwarz on October 23, 2026 at 4:42 p.m. CEST, down 2.93 percent versus the Frankfurt close of October 21, 2026 at EUR 211.35. The Nasdaq price was USD 229.85 at 10:56 a.m. EDT on October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.