LOW · News · 20260915N

Market Demand Trends

LOWES COMPANIES INC · 2026-09-15 · Importance 20 · Surprise 24

Lowe’s CEO Marvin Ellison said the company expects the second half of 2026 to resemble the first half. Elevated interest rates and broader economic uncertainty are continuing to affect home-improvement spending. Cautious homeowners are favoring smaller projects, while reported sales remained below analyst estimates despite earnings per share exceeding expectations.

Key facts

• Lowe's earnings per share exceeded estimates while sales were below estimates. source
• Cautious homeowners favor smaller projects, according to Lowe's commentary. source
• Analysts have a "Moderate Buy" consensus rating for Lowe's with an average target price of $257.63. source