Veytics Intelligence
2026-09-15 · NASDAQ

Target's Stock Is on a Tear in 2026. Can It Still Go Higher?

Key Points Target's stock has soared more than 60% this year. The retailer's growth rate has been showing signs of improvement in recent quarters. The stock continues to trade at a discount to its key rival, Walmart. 10 stocks we like better than Target › Target (NYSE:TGT) stock looked like it was in deep trouble as recently as last year. Its growth was unimpressive, investors were concerned about the company's future, and the stock seemingly couldn't get any traction, trading at a massive discount to its larger rival, Walmart (NASDAQ:WMT) . This year, however, things have turned around significantly for Target, whose shares are up more than 60%. It's outperforming not just Walmart, but the S&P 500 and many other top growth stocks .

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